Paris-based Total today announced that it has made the final investment decision to develop the Vega Pleyade field offshore Tierra del Fuego, Argentina. Total, as operator with 37.5% working interest, will develop both natural gas and condensate…
Forces transforming the global energy industry are presenting both opportunities and challenges for Russia, according to senior government and industry figures at the World Energy Congress in Korea. Alexander Novak, Minister of Energy…
More than 6,000 of the world’s most prominent energy leaders will gathered October 13 in Daegu, South Korea for the first day of the 22nd World Energy Congress (WEC). This year's theme is: 'Secure tomorrow's energy today.' Held every three years…
J. Michael Yeager, the former head of BHP Billiton Ltd. (BHP's oil and gas division), was named CEO of Maverick Drilling & Exploration Ltd., an explorer based in Australia and focused on the U.S. Don Henrich will retire as Maverick’s…
Shell and Baker Hughes have signed a software license and joint development agreement to produce a high-end platform for geological and reservoir modeling using Baker Hughes’ JewelEarth software. Shell says the new platform will bring enhanced…
BP chief economist Christof Ruehl said the US will become energy independent, due to unconventionals, by 2030, in yesterday’s [Thursday] lunch, Energy Markets – the Short and Long Term. Ruehl said unconventionals (tight oil and shale…
In the short term there will be a dash for gas, but longer term the key to global energy supplies could be solar, yesterday’s SPE Offshore Europe breakfast briefing heard. Professor John Miles, Arup/Royal Academy of Engineering research professor in transitional energy strategies…
Genel Energy chief executive Tony Hayward will give the keynote presentation in today’s SPE Offshore Europe session, The Independent Oil Company—Mighty oaks from little acorns grow (10-12.30pm, Gordon B). We asked the former BP chief executive…
I am very excited about the future of the oil & gas industry in the North Sea and internationally. The theme of this year’s SPE Offshore Europe conference is The next 50 years – but 50 years ago no-one could have predicted the way the UK oil & gas industry would develop or how we operate now…
Shale gas, and now tight oil has seen an unprecedented increase in energy supply in North America. It has entirely changed the energy landscape, resulting in a dramatic fall of the gas price and reversing long-term decline in US oil supplies…
Clariant inaugurated a new research a new development in Suzano, Brazil. The laboratory begins operations with a complete infrastructure, state-ofthe- art equipment with a team of researchers dedicated to develop new generations of catalysts…
Trunkline LNG Export, LLC awarded Technip a front-end engineering and design (FEED) contract for the potential expansion of the existing liquefied natural gas (LNG) import terminal located in Lake Charles, Louisiana. The potential expansion project includes a LNG liquefaction plant…
Analysis: Perspectives President Enrique Peña Nieto recently announced that he will send a “transformational” energy reform bill to Mexico’s Congress in the coming months in an effort to attract the private capital and expertise required to develop Mexico’s deepwater and shale deposits…
ThoughtStream: Opinion Mexico is among the ten largest oil producers in the world. This country has made important structural changes to improve economic performance and strengthen its resilience to external shocks. It is a strong partner to the United States and to Canada…
Clariant opened a new R&D Laboratory for Catalysts for Chemicals and Oil & Gas industries. Located in the company’s largest manufacturing plant of Latin America, in Suzano (Brazil), the laboratory begins operations with a complete infrastructure…
