Fuel Fix

Priyank Mehta tests a Aker Solutions operations chair created to control the drill equipment from the surface. Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

The best oil and gas tech at OTC 2015

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Categories: featured, OTC
The first two days of the annual mega conference featured some amazing tech, from simulators to turbines to giant ropes.

The best oil and gas tech at OTC 2015

on
Categories: featured, OTC
Priyank Mehta tests a Aker Solutions operations chair created to control the drill equipment from the surface. Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )
The first two days of the annual mega conference featured some amazing tech, from simulators to turbines to giant ropes.
Attendees view a small scale model of an offshore platform in the Aker Solutions booth during the Offshore Technology Conference at NRG Park on May 5, 2014, in Houston, Tx. ( Mayra Beltran / Houston Chronicle )

Some OTC exhibitors have stepped up their conference spending, even amid downturn

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While many companies have scaled back their presence this year amid a global oil collapse, others have still spent big.
Categories: featured, OTC

Minister rejects anti-France ‘falsehoods’

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Firebrand industry minister hits back at ‘negative campaign’, pointing to ‘a tradition of welcome for foreign companies that goes back a long way’
Categories: Uncategorized

Kuroda emerges as BoJ frontrunner

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Prime minister Shinzo Abe is set to make a final decision on the nomination in the coming days, having consulted with opposition parties
Categories: Uncategorized

Sunlight illuminates a lingering oil slick off the Mississippi Delta on May 24, 2010. (NASA Goddard Photo and Video/Flickr)

Feds: BP its own worst enemy in civil trial

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BP’s own statements, and analyses prepared by people it hired, may make it difficult to defend itself against billions of dollars more in penalties related to the 2010 Gulf of Mexico oil spill. As a civil trial is set to get under way in federal court Monday in New Orleans over a web of litigation related to the disaster, the U.S. government believes it has an ace in the hole – the British oil giant itself.
Categories: General, Gulf oil spill
A drilling site in the Haynesville Shale. (James Nielsen/Houston Chronicle file photo)

West Texas shale could dwarf Eagle Ford

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Texas is awash in oil and gas, with rigs proliferating from the Permian Basin to the Haynesville Shale. Now, another shale play in West Texas is causing a stir, with early estimates of recoverable reserves at 30 billion barrels of oil.
Categories: Eagle Ford, Shale

Pope delivers his final Sunday address

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Benedict’s last days in office have been overshadowed by reports that decision to step down was motivated by scandals and conspiracies within the city state
Categories: Uncategorized

Tech Talk – Thoughts On the Precautionary Principle

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As Michael Brander tells it in his book on the Scottish Highland Regiments, the Scottish Highlands produced, between 1740 and 1815, men for some 86 Highland Regiments who travelled around the world to strengthen the British Empire. But towards the end …
Categories: Coal, Europe, Wind

Abertis eyes sale of airport operations

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The Spanish toll road group considers offloading some of its worldwide airport portfolio as it aims to ride out economic turbulence
Categories: Uncategorized
(Photo: James Nielsen, Houston Chronicle)

Supreme Court won’t hear pipeline case

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The Texas Supreme Court denied LaSalle Pipeline LP’s request to review a $605,000 jury award to a Texas landowner when jurors agreed that his entire family ranch — not simply the portion the pipeline itself traverses — would be devalued by the presence of a pipeline.
Categories: Legal issues, Pipelines
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Life on the shale

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No one in Karnes County, Texas have grasped the implications of Conoco-Phillips’ secretive decision to drill a deep, expensive well into the mysterious formation known as the Eagle Ford Shale.
Categories: General

Banksy mural withdrawn from sale

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The removal of Banksy artwork from a wall in a London street outrages international art lovers and prompts an international investigation
Categories: Uncategorized
A beachgoer in June 2010 enjoys a morning walk in Pensacola, Fla., as crews work to clean up oil from the Deepwater Horizon spill. Some workers allege they were sickened by chemicals used to clean up the spill. Photo: Billy Smith II / Houston Chronicle

U.S. Justice Department, states prepare offer for BP

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The U.S. Justice Department and several Gulf of Mexcio states have prepared a last minute offer to BP to resolve civil claims related to the 2010 Gulf of the Mexico oil spill as a trial over the disaster nears, according to people briefed on the talks.
Categories: General

Osborne vows to press on with austerity

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Loss of triple A status unlikely to impact spending but damaging for chancellor, who pinned his economic credibility on maintaining the rating
Categories: Uncategorized

A government at the mercy of events

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The most significant effect is likely to be political for a government that staked credibility on events beyond its control, writes Martin Wolf
Categories: Uncategorized

Drumbeat: February 23, 2013

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U.S. Oil Demand Fell to 18-Year Low for January, API Says
U.S. January oil demand fell to the lowest level for the month in 18 years as a weak economy reduced consumption, the American Petroleum Institute reported.

Total petroleum deliveries, a measur…

Categories: Uncategorized

UK loses triple A credit rating

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Moody’s lowers the UK rating by one notch to Aa1, citing the deterioration in the government’s balance sheet and medium-term sluggish growth
Categories: Uncategorized