Product

A “strong performance” in North America and overseas failed to offset declines in product and software sales for leading oilfield services provider Schlumberger Ltd., which on Friday reported 1Q2010 earnings down 28% from the year-ago period.

The House climate change bill (HR 2454) would reduce gross domestic product (GDP) below what it would otherwise have been by as much as 0.75% in 2020 and by as much as 3.5% in 2050, according to a new Congressional Budget Office (CBO) study.

The House climate change bill (HR 2454) would reduce gross domestic product (GDP) below what it would otherwise have been by as much as 0.75% in 2020 and by as much as 3.5% in 2050, according to a new Congressional Budget Office (CBO) study.

Tackling carbon dioxide (CO2) emissions would mitigate global warming but also would be a boon to employment and gross domestic product (GDP) in the world’s major economies, according to a new report by international nongovernmental organization The Climate Group.

Every week the Energy Information Administration (EIA) tells the gas industry roughly how much of its product is stored underground. Once a year it estimates how big the nation’s gas warehouse actually is. By the latest estimate, capacity has grown due to the opening of facilities and expansions.

Every week the Energy Information Administration (EIA) tells the gas industry roughly how much of its product is stored underground. Once a year it estimates how big the nation’s gas warehouse actually is. By the latest estimate, capacity has grown due to the opening of facilities and expansions.

Enterprise Product Partners LP’s High Island Offshore System LLC (HIOS) last Thursday was able to accept nominations and “resume some level of service” from all receipt locations to all delivery points by bypassing a Gulf of Mexico (GOM) compressor station damaged by a recent fire, the company said.

Enterprise Product Partners LP’s High Island Offshore System LLC (HIOS) is continuing a force majeure at its HIA-264 compressor complex in the Gulf of Mexico (GOM) but said that effective for gas day Thursday it is able to accept nominations and resume some level of service from all receipt locations to all delivery points by bypassing the damaged compressor station.

Enterprise Product Partners LP’s High Island Offshore System LLC (HIOS) has continued a force majeure at its HIA-264 compressor complex in the Gulf of Mexico (GOM) where an equipment fire last week (see Daily GPI, Aug. 6) caused “significant damage to compression, power generation, communications and other facilities,” the company said. The HIOS compression facilities will be unavailable for service for an indefinite period.