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General Interest 2000 P7

  • 08/09/2000 -- Transportation news briefs, Aug. 9
    Westcoast Energy � Pembina Pipeline � Trailblazer Pipeline � Kinder Morgan Energy Partners � Enron Trailblazer Pipeline � Tyumen Oil
  • 08/30/2000 -- Independent company ranking confirms Conoco's E&P revitalization
    Conoco ranked first in exploration and production results in a comparative-performance analysis of 13 major integrated energy companies by Prudential Securities for 1995-99, company officials reported Tuesday. The Prudential study ranked Conoco in the highest tiers for, among other things: production income, along with BP Amoco (now BP) and TotalFina (now TotalFinaElf); production replacement ratios, along with Royal Dutch/Shell Group and TotalFina; and upstream returns, along with Shell.
  • 08/25/2000 -- Underdog Rentech furthers gas-to-liquids plans
    Denver-based Rentech Inc. recently discussed its plans to convert the newly acquired Sand Creek plant in Commerce City, Colo., from a methanol plant to a gas-to-liquids plant. Once the conversion is complete, Sand Creek would become the first commercial GTL plant in the US, 3-5 years before any other such plants are likely, the company said.
  • 08/22/2000 -- Market watch, Aug. 22
    Natural gas futures hit a record high Monday on the New York Mercantile Exchange as Tropical Storm Debby reached hurricane force as it raced toward Puerto Rico.
  • 08/18/2000 -- Nigeria budgets $2.25 billion for JV cash calls
    The Nigerian government has approved $2.25 billion to be used for cash calls to fund its equity in joint venture operations with multinational oil companies this year, according to the group managing director of Nigerian National Petroleum Corp., Jackson Gaius-Obaseki.
  • 08/14/2000 -- Conoco engineer: West African Gas Pipeline 'not cost-effective'
    The controversial and much-hyped West African Gas Pipeline project will not be cost-effective, said Michael Choi, a Conoco Inc. senior engineer, speaking at a conference of the Society of Petroleum Engineers in Abuja last week. Choi proposed shipping compressed gas by tanker instead, saying it would be faster and less expensive.
  • 08/09/2000 -- Service firms form JV database to serve online exchanges
    A group of 12 major oil field service companies�a virtual Who's Who of the industry�have formed a joint venture company, OFS Portal, to create a standardized electronic catalog of product and service information to be used on multiple business-to-business (B2B) electronic commerce systems, officials said Wednesday.
  • 08/02/2000 -- Innovest reveals latest environmental performance rankings for majors
    Royal Dutch/Shell Group topped the new rankings for 2000 in Innovest Strategic Value Advisors' global analysis of oil and gas company environmental conscientiousness, followed closely by BP. Occidental Petroleum Corp. and Canada's Imperial Oil Ltd. bring up the rear in Innovest's most recent ranking, called EcoValue 21.
  • 08/23/2000 -- Chevron settles Clean Air Act allegations
    Chevron Corp. said it had reached a $7 million settlement with the US Environmental Protection Agency and the US Department of Justice concerning alleged violations of the Clean Air Act at the company's El Segundo marine terminal. The terminal is 1.5 miles offshore from Chevron's Southern California refinery. Chevron will also stop using its marine terminal until the EPA and Chevron agree on a plan to lower emissions.
  • 08/18/2000 -- Processing news briefs, Aug. 18
    Nigerian National Petroleum Corp�.Comerint Nigeria�ExxonMobil Research & Engineering�Oil Refineries�Ibn Baitar�Toyo Engineering Group�Saudi Basic Industries Corp�.Saudi Fertilizers�GE Plastics�Foster Wheeler Iberia�Total Nigeria
  • 08/15/2000 -- Processing news briefs, Aug. 15
    Hindustan Petroleum Corp. ... Enterprise Products Partners � Baton Rouge Propylene Concentrator � ExxonMobil Chemical � Nigeria LNG � Baker Energy � Overseas Technical Service � Nigerian National Petroleum Corp. � Shell Gas � Cleag � Agip International
  • 08/30/2000 -- Finance/Companies news briefs, Aug. 30
    Chevron � Tengizchevroil ... GREKA Energy � Capco Resources � Osprey Energy � Anadarko ... BPR Energy � Bargo Energy � Lehman Brothers � Chase Securities � Dominion Resources � Pontotoc Production � New York Mercantile Exchange � Andersen Consulting � BHP � Mitsubishi � QCT Resources � Santos ... Aspen Group Resources ... Old Dominion Oil
  • 08/18/2000 -- Finance/Companies news briefs, Aug. 18
    Yukos Oil�Bank Austria Handelbank�Citibank�Commerzbank�Credit Lyonnaise�Natexis Banques Populaires�National Savings & Commercial Bank� Standart Bank London�Forest Oil�Forcenergy�OilfieldCapital.com�First International Bank�Apache�Occidental Petroleum
  • 08/16/2000 -- Imperial Oil, Mobil Oil Canada may combine some operations
    Imperial Oil Ltd., Toronto, and Mobil Oil Canada Ltd., Calgary, may combine some upstream operations to achieve economies of scale and reduce costs. The two companies are both units of ExxonMobil Corp.
  • 08/07/2000 -- Marathon outlines cost-reduction program
    Marathon Oil Co., a subsidiary of Pittsburgh-based USX Marathon Group, has outlined plans to improve the performance of its upstream business during a conference call with investment analysts last week. New York-based investment firm PaineWebber Group Inc. outlined Marathon's five-point strategy in a subsequent 'Research Note' on the company.
  • 08/02/2000 -- Finance/Companies news briefs, Aug. 2
    New York Mercantile Exchange Inc. � Enbridge � Global Thermoelectric � Dominion Exploration & Production � Seitel � DDD Energy � Santa Fe International � SFIC Holdings (Cayman) � Apache
  • 08/29/2000 -- Indo-Pacific Energy plans Taranaki basin drilling
    Indo-Pacific Energy Ltd., Vancouver, BC, said Monday that a farmout agreement recently signed with Texas Petroleum Investment Co. (TPIC), Houston, will provide funding for exploration wells to be drilled in the onshore region of the Taranaki basin in New Zealand. Terms of the agreement call for TPIC to fund the Ratapiko-1 exploration well, which will be drilled on Permit PEP 38723 in November. TPIC also will fund a second exploration well on another prospect on the permit.
  • 08/23/2000 -- Companies bid $167.3 million at US gulf lease sale
    Recent trends toward deepwater operations and greater participation by independent operators continued at the US Western Gulf of Mexico Lease Sale 177 in New Orleans Wednesday. A total $167,373,613 was bid by 52 companies in 266 offers for 226 of the 3,789 tracts available in that sale.
  • 08/22/2000 -- Remington participates in Gulf of Mexico finds
    Remington Oil & Gas Corp., Dallas, Tex., said Tuesday a new discovery in which it participated has tested at more than 2,400 b/d of oil. Remington also updated other operational activities.
  • 08/18/2000 -- New Bohai Bay well tests 2,700 b/d of oil
    Operator Kerr-McGee Corp., Oklahoma City, on Friday said CFD 12-1-2 well, an appraisal well of the CFD 12-1 discovery on block 05/36 in Bohai Bay, China, tested more than 2,700 b/d of 26-34� gravity oil.
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