Imperial results up but troubles persist
Imperial Oil posted positive second-quarter results but its troubles surrounding the Kearl oil sands project persist.
Imperial Oil posted positive second-quarter results but its troubles surrounding the Kearl oil sands project persist.
Canadian oil sands specialist Opti Canada has been saved from financial meltdown by the recent decision of China’s CNOOC group to buy out much of this troubled group for a reported US$2.1bn. But what are the Chinese getting for this massive investment? Apparently a significant stake in an Alberta oil sands/bitumen project which has to date failed to live up to expectations. Time to dig a little deeper.
As the oil price continues to rise, Jeremy Bowden examines the role of speculators, OPEC and oil giant Saudi Arabia in determining the price of the black commodity.
Walid Fayad, Partner, Tarek El Sayed, Principal and Simon-Pierre Monette, Associate with Booz & Company explore the benefits that carbon capture and storage can bring to the Middle East through enhanced oil recovery.
One of the major issues facing large power project developers is the task of handling and coordinating hundreds of contractors on a single site. Failure to adequately manage this colossal task can result in massive cost inflation. IFandP talks to Track Software’s CEO Bob Harrell about how sophisticated contract management systems can make this task much easier and generate significant savings for refiners and power utilities alike.
In an industry where safety and security is paramount, smart cards supporting multiple applications are allowing oil and gas companies to better safeguard staff and sites. Keith Chapman, End User Manager NEMEA at HID Global, discusses the benefits of multi-application smart card technology.
Cellulosic ethanol, the use of algae and the push towards second generation biofuels have often disappointed those hoping for rapid deployment, due to formidable engineering and biological challenges. However, there are some recent signs for optimism, as Dr Samuel Fenwick explains…
Jeremy Bowden takes a look at the current push towards unconventional oil production, the reasons behind it and the areas with the most potential.
IFandP’s Dr Samuel Fenwick, examines the current outlook for the major oil-producing and -consuming nations.
With all eyes focusing on the ongoing drama in the Gulf of Mexico, IFandP asks the question: “How British is BP?”
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