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Petroleum Review July 2012

This month’s issue includes our annual review of global LNG megaprojects, which indicates that while the market looks strong at present, demand falls in Europe and surging shale gas supplies in North America are bringing new uncertainties. We also look at Italy’s ambitions to become a European gas hub and provide an overview of recent E&P developments in Canada and the US. 

The magazine also outlines the latest news from the Professional Petroleum Data Management Association, which is looking to develop a set of business rules for the management of well data. In addition, the complicated issue of refinery optimisation is addressed, looking at how best to narrow the gap between refining planning and scheduling.We also summarise the key considerations to be made when designing control buildings on gas processing sites. 

Saudi Arabia’s move to become more hawkish on its oil pricing policy in response to changing oil fundamentals is also discussed, as is the debate surrounding the patentability of computer programmes in light of a recent court case involving Halliburton, in which it successfully challenged the UK Intellectual Property Office’s refusal to grant patents for its modelling technology.
 

Issue details


PR Jul 12.pdf

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Journal title: Petroleum Review

Publisher: Energy Institute

Subjects: Environment, Liquefied natural gas, Oil and gas, Exploration and production