At a luncheon keynote address on Wednesday of CERA Week, Helge Lund, president and CEO of Statoil ASA, discussed the advantages of investing in gas development and a means of decreasing greenhouse gas emissions and securing energy security in the US.
E&P Online Exclusives
CERA Week 2010: Upstream oil future is bright
Though the industry is still recovering from the global recession, there are opportunities for operating companies that have the foresight to invest through the downturn.
CERAWeek: China’s oil demand still the big story
The reason? That country’s astounding demographic shifts, said numerous speakers at IHS CERAWeek in Houston.
CERAWeek: DOE’s Chu says train has left the station
It will take many decades for the U.S. to transition away from using fossil fuels for transportation, so oil and natural gas will continue to be important, U.S. Energy Secretary Steven Chu told attendees at IHS CERAWeek in Houston. But, that transition must start soon, based on supply and demand trends, and the need to reduce emissions.
CERA Week: Shale gas can be a “Game Changer” for North America’s energy future
Provides potential for near-term CO2 cuts, but presents long-term challenges, study says.
CERAWeek: Big opportunities, big challenges
China, Russia, and the Middle East will be key energy players going forward.
BP outlines plan to improve financial performance while growing production through 2020
Previewing BP's annual strategy presentation to the financial community, Group Chief Executive Tony Hayward said the company had established strong momentum in its core businesses and had made great progress in reducing costs and improving absolute and relative financial performance in the past two years.
Petrobras on target with Cascade-Chinook
The Cascade-Chinook project, which will introduce the first FPSO to the GoM, required cooperation from equipment and service providers from more than 20 countries. The field is on target for production in 2010.
Biofuels mandates will push 600 million into hunger
A new study by UK-based ActionAid, an advocacy group for food for the poor, says that if the EU sticks to its biofuel mandate targets for 2020, millions around the world will starve.
Natural gas: Is a train wreck looming?
The inherent lags between changes in drilling and production created natural gas spikes over the last 10 years and will continue to do so after this and every trough. Blogs
The E&P Editors and staff proudly present the winners of the prestigious 2009 Special Meritorious Awards for Engineering Innovation.
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