12/31/1999
-- Outlook for global LNG trade growth dims just when it needs to The outlook for global gas trade has dimmed of late, largely because the Asian economic downturn caused expectations for LNG demand in that region to lose their luster. But that may not be such a bad thing after all, given the growing likelihood of a big surplus in LNG capacity emerging in the coming decade.
12/17/1999
-- Crude prices Energy Sec. Bill Richardson has come under fire for saying the Clinton administration would take ?whatever steps are necessary? to thwart rising oil prices.
12/03/1999
-- Royalty regulation Once again, the US Minerals Management Service is rewriting its controversial rule for valuing oil produced from federal leases.
11/19/1999
-- Royalty rule moratorium White House and congressional negotiators have agreed to changes in the Interior Department Appropriations bill that would allow the Minerals Management Service to issue its controversial royalty reform rule Mar. 15.
11/19/1999
-- Repsol-YPF secures Libyan onshore exploration license Repsol-YPF awarded exploration and production license in western Libya, plus Shell prepares to start work on $800 million oil fields redevelopment in Iran.
11/15/1999
-- OPEC DISCIPLINE AND MEMORIES OF 1998 The year 1999 will prove to have been a good one for members of the Organization of Petroleum Exporting Countries-but not that good.
10/29/1999
-- Shell slates $1 billion oil and gas field development in Niger Delta Shell lines up $1 billion shallow water field development offshore Nigeria, plus DOT conference hears of a spar platform design intended to reduce the time from development drilling to production.
10/08/1999
-- Aussie independent to lead Omani exploration push Novus Australia Energy Co. Pty. Ltd., Sydney, and partners were awarded an exploration license for Block 17 in Oman, which covers 3,200 sq km of onshore and offshore territory.
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