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

Green Car Congress

AUGUST 23, 2012

The new report— Oil & Gas Capital Expenditure Outlook, H1 2012 —forecasts that the total oil and gas capex will increase by 13.4% this year over the 2011 total of $916 billion, as oil companies intensify upstream operations across locations as diverse as offshore Brazil, the Gulf of Mexico and the Arctic Circle.

Oil 210
Oil 2012 Oil-Sands Gas 210
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Survey finds LNG-fueled ship orders up 26% in six months

Green Car Congress

MAY 17, 2012

Following a world survey of the marine industry, Zeus Development Corporation has identified 63 LNG-fueled ships in operation or under development, up from 48 units last December. High oil prices, impending emissions regulations and technical advancements are propelling the market faster than we expected.

Fuel 218
Fuel South Korea Mariner Finland 218
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