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Annual global oil & gas capital expenditure to pass $1-trillion mark in 2012

Green Car Congress

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. In terms of capital expenditure for the 2012–2016 period, Petroleo Brasileiro S.A.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Mother’s Day Gift Guide: Nostalgic Beach Supplies, Egg Cups and More

Baua Electric

As a kid in the ’80s, I loved climbing the massive sand dunes at nearby Jockey’s Ridge State Park and fishing at Cape Hatteras. For a more ornate option, Arquiste ’s Friend of the Night candle is encased in a Michoacán enameled clay vase designed with two Mexico City-based studios, Marva and Surco.

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

Green Car Congress

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. OPEC and US crude oil production.

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Chevrolet introduces new Cruze; new 1.4L EcoTec turbo, new 1.6L diesel coming to US in 2017

Green Car Congress

Chevrolet introduced the all-new 2016 Cruze—larger, lighter, and more efficient than its predecessor. The new Cruze will be offered in more than 40 global markets and goes on sale first in North America in early 2016. Variable-flow oil pump enhances efficiency. A new, standard 1.4L Each engine features 74 mm (2.9-inch)

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