John Hofmeister

9 news results for the tag: John Hofmeister.

Attorneys general meet to address energy

May 7th, 2008

U.S. state attorneys general are meeting in Idaho for a conference aimed at addressing the location of power plants, efforts to restrict energy use, renewable energy mandates and other energy-related legal issues likely to arise in the coming years.
Idaho Attorney General Lawrence Wasden told his counterparts from across the country that attorneys general are often [...]

Billions of gallons of oil in North Dakota, Montana

April 17th, 2008

A shale formation stretching North Dakota and Montana may have an estimated 3 to 4.3 billion barrels of technically recoverable oil, according to a U.S. Geological Survey assessment.
Known as the Bakken Formation, the find would make the recoverable oil in North Dakota and Montana the largest U.S. oil reserves outside Alaska.
The recently released assessment shows [...]

Oil companies discuss energy challenges

February 10th, 2007

When some of the industry’s top executives gather in Houston next week to discuss global energy challenges, finding new and more effective ways to produce oil and gas — as well as alternatives to fossil fuels — will dominate the discussion.
And, as the year progresses, expect to see industry leaders — including the chiefs [...]

More than ever, oil companies talking innovation

February 10th, 2007

With dwindling oil supplies, pollution concerns and the ever-present threat of gas prices soaring again, talk of new and better ways to fuel cars, heat and cool homes, and power factories has never been greater.
What’s more, the conversation is emanating increasingly from a source that’s been surprisingly quiet until recently — the oil companies themselves.
When [...]

Bill Allowing More Drilling Along Coasts Appears Dead

November 12th, 2006

Just a few months ago House Republicans and representatives of the energy industry were poised to rewrite a quarter-century of national energy policy and open the seas off the Atlantic and Pacific coasts to oil and gas drilling, which environmentalists had fervently resisted.
But Tuesday’s Democratic victory in midterm elections has changed the legislative landscape, obliterating [...]

Oil exec pushes greener energy

October 8th, 2006

The president of Shell Oil, in Miami for a speech, says it’s time to embrace new energy sources.
In the wake of last year’s hurricanes, the United States narrowly averted a major disruption to its fuel supply on a scale “inconceivable in recent memory,” says Shell Oil Co. president John Hofmeister.
A year later, Hofmeister says he [...]

Oil Giants Put Energy Into Other Resources

October 8th, 2006

Inside two half-million-gallon tanks built in the 1950s, a team of microorganisms is preparing to munch its way into the annals of energy innovation.
Late this month, the microbes will start transforming truckloads of restaurant grease into electricity for a water pollution control plant in Millbrae, Calif. The one-of-a-kind setup relieves the city and area eateries [...]

Tapping Older Oil Fields for Profitable Leftovers

July 5th, 2006

Older oil fields, shunned by the giants of the industry, are turning into big business for a batch of smaller firms. NGP Energy Capital Management, ATP Oil & Gas and Whiting Petroleum are getting enough crude to fuel nine million cars a day from fields that BP and Exxon Mobil had given up for [...]

Oil company execs defend high pump prices

June 18th, 2006

Americans paying $3 per gallon at the pump have it relatively cheap when compared with prices globally, say oil and gas company executives who defend their record profits as essential to maintaining supplies.
In parts of Europe and elsewhere in the West, gasoline prices are more like $5 per gallon to $7 per gallon, said the [...]


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