Report: Global Renewable Investments in 2012 Tumble 11% as Market Shifts from West to East Report: Global Renewable Investments in 2012 Tumble 11% as Market Shifts from West to East May 17, 2013 Public and private investment in solar, wind, and other renewables worldwide declined 11% for the North American tansmission industry in 2012 from an adjusted 2011 record of $302…
Blown over: Six crucial lessons from Chevron’s hurricane restoration Blown over: Six crucial lessons from Chevron’s hurricane restoration May 15, 2013 Chevron’s post-hurricane restoration program in the GoM is only now winding up. The cost has been huge but the company says important new lessons have been learned and…
BP: What would a case of optimum delivery look like? BP: What would a case of optimum delivery look like? May 13, 2013 Planning and collaboration can do more to cut costs than technology developments says BP’s Win Thornton. An operator has outlined how decommissioning costs in the Gulf of Mexico could…
Saudi oil minister says Saudis welcome US production growth Saudi oil minister says Saudis welcome US production growth May 10, 2013 Technological breakthroughs with subsea pipe cutting tools which have allowed the US to begin produce crude from tight shales and deepwater formations could bring welcome new supplies to global…
Uncertainty in the Gulf: the lengthening shadow of Macondo Uncertainty in the Gulf: the lengthening shadow of Macondo April 29, 2013 The decommissioning market in the Gulf of Mexico is facing serious regulatory and fiscal challenges, and the longer-term outlook is uncertain, an expert has warned. A raft of…
Personnel to get stop-work authority under strengthened SEMS II Personnel to get stop-work authority under strengthened SEMS II April 26, 2013 In its bid to root out any lingering complacency in offshore oil and gas operations, the Bureau of Safety and Environmental Enforcement (BSEE) has released the “final rule”…
“We’re staffing up”: BSEE says recruitment drive will ease permit backlog “We’re staffing up”: BSEE says recruitment drive will ease permit backlog April 24, 2013 A key issue in the Gulf of Mexico (GoM) has been the bottleneck in permitting underwater machining at the Bureau of Safety & Environmental Enforcement (BSEE) since the big…
Foreign investors play large role in U.S. shale industry Foreign investors play large role in U.S. shale industry April 22, 2013 In early 2013, Sinochem, a Chinese company, entered into a $1.7 billion joint venture with Pioneer Natural Resources to acquire a stake in the Wolfcamp Shale play in West Texas. This investment highlights…
New emissions standards would fuel shift from coal to natural gas New emissions standards would fuel shift from coal to natural gas April 19, 2013 The cost of complying with tougher Environmental Protection Agency air-quality standards with portable tooling solutions could spur an increased shift away from coal and toward natural gas for electricity…