Petroleum

May 15, 2008 - 9:40am

Taking the pulse of the offshore oil industry is like grabbing a handful of the viscous mud drillers use for lubrication in the drilling process. What seems like a hard-and-fast situation one minute can dribble through one’s fingers the next. Agility is the secret to success.

May 13, 2008 - 7:00am

Avfuel Corp., a leading independent supplier of aviation fuels and services, has entered into an agreement with Texaco to purchase its general aviation business in California, Alaska, Washington, Idaho, Nevada, Oregon, Utah, Arizona, Louisiana, Mississippi, Alabama, Georgia, Florida and Tennessee. The divestiture is one of the Federal Trade Commission requirements that will allow for the merger of Chevron and Texaco.

March 28, 2008 - 6:21am

The first Bombardier Challenger 890 corporate shuttle entered service in late February with Calgary-based Suncor Energy, a major North American developer of oil sands. The CRJ900 regional jet derivative, which joins Suncor’s Challenger 850 corporate shuttle, will be used to transport workers from the company’s Calgary headquarters to its oil sands in Fort McMurray, Alberta.

February 6, 2008 - 10:19am

The December nonstop coast-to-coast flight of an Air Force Boeing C-17 Globemaster III using a synthetic fuel blend, the first for the type, is the latest indicator that such fuels are moving toward widespread acceptance in the aviation industry.

February 6, 2008 - 10:19am

The December nonstop coast-to-coast flight of an Air Force Boeing C-17 Globemaster III using a synthetic fuel blend, the first for the type, is the latest indicator that such fuels are moving toward widespread acceptance in the aviation industry.

January 21, 2008 - 12:08pm

“It’s a far different business today from what it was when I moved to Alaska 26 years ago,” Richard “Lash” Larew, executive v-p of Era Aviation, told AIN. “Today, flightseeing accounts for the majority of our business in Alaska and it has since the late 1990s.

January 21, 2008 - 12:08pm

“It’s a far different business today from what it was when I moved to Alaska 26 years ago,” Richard “Lash” Larew, executive v-p of Era Aviation, told AIN. “Today, flightseeing accounts for the majority of our business in Alaska and it has since the late 1990s.

December 6, 2007 - 5:48am

Columbia Helicopters will send a second Boeing Vertol 234 Chinook to Papua New Guinea, to work on heli-rig contracts with local exploration company Oil Search.

Both aircraft will be used to lift components of oil and gas drilling rigs and ancillary equipment above areas of dense jungle to remote drilling locations that are inaccessible by road.

October 12, 2007 - 10:20am

Energy companies’ experience of the early-1990s Gulf War suggests that any sudden increase in oil prices owing to a new Iraq conflict might be brief, since the market has become much more responsive to demand. However, current oil supplies are plentiful, according to a petroleum industry senior executive.

October 9, 2007 - 4:46am

Just over a year after its merger, ChevronTexaco (the entity that resulted when the two oil giants came together after a landmark $45 billion deal) has released some of the details of its newly realigned general aviation fuel business. Representing only a tiny percentage of even its airline-centered fuels trade, the general aviation sliver of the pie is, nevertheless, an important one to the merged companies, or so they say.

 
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