GLG News by Oil and Gas Well Drilling Experts

Senior Editor Steven Poruban reported in the July 28 issue of the Oil & Gas Journal that production of bitumen from Canadian oil sands will rise in the coming decades. But advances in technology will be required to reduce extraction emissions. At a July 15 meeting at the Oil Sands & Heavy oil...

Amie Ferris-Rotman and Dmitry Zhannikov in Moscow with Reuters reported in the Saturday-Sunday issue of the International Herald Tribune that Gazprom wants its western partners to lobby in its behalf to benefit from down-stream assets in Europe. Companies with interests in Siberian natural gas fields...

Adam Nossiter in Mansfield, Louisiana reported in the July 30 issue of the International Herald Tribune that landowners in DeSoto Parish were getting million dollar checks for their royalty interests. It is related to the latest non-conventional natural gas play in the Haynesville shale. Some months...

David Johnston and Anthony Rogers, with Daniel Johnston & company, reported in the July 28 issue of the Oil & Gas Journal on the economic performance of the Doba basin oil fields in Chad. The government of Chad receives a share of the profits that is about average by world standards. The operating...

Kate Galbraith in Oklahoma City reported in the July 26-27 issue of the International Herald Tribune that a mutiny is growing against U.S. energy policies that support ethanol as a transportation fuel. Consumers complain that ethanol reduces engine efficiency. Gasoline stations are catering to concerns...

Jad Mouawad in New York reported in the July 25 issue of the International Herald Tribune that the race for oil and gas north of the Arctic Circle is likely to accelerate in the near future. The melting polar ice cap will permit exploration in areas now covered by ice. A major geological survey indicates...

Senior Editor-Economics Marilyn Radler reported in the July 21 issue of the Oil & Gas Journal that the International Energy Agency in Paris had released its 2009 outlook for demand and supply. Demand is expected to rise by 860,000 bbl/day to 87.7 million bbl/day. OECD product demand will fall by...

Andrew E. Kramer in Moscow reported in the July 19-20 issue of the International Herald Tribune that BP was closer to losing control of its joint venture with TNK. Four billionaire Russian investors wish to oust the CEO Robert Dudley, a BP appointee. The Russians say they will not stop until BP agrees...

Reuters in Paris reported in the July 17 issue of the International Herald Tribune that Suez and Gaz de France shareholders approved the merger of the two companies. The combined firm with annual sales of $117 billion begins operations on July 22. It will compete with Germany’s E.ON and France’s Electricite...

Judy Dempsey in Berlin reported in the July17 issue of the International Herald Tribune that European energy firms are competing for oil and gas reserves in Algeria and Libya, to reduce reliance on Russia. Gazprom recently opened an office in Algeria. StatoilHydro is helping Sonatrach, Algeria’s national...