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General Interest 2000 P9

  • 07/10/2000 -- ELECTRICITY CHALLENGES OIL MAJORS�Part 2:
    Integrated oil companies dip into power market

    While the supermajor oil companies each has a unique approach to the evolving global power market, major integrated companies such as Texaco Inc., Chevron Corp., Conoco Inc., and Marathon Oil Co. are assessing their participation in the $300 billion-plus North American electricity market.
  • 07/26/2000 -- Processing news briefs, July 26
    Rentech � Forest Oil � Intec Engineering � Jacobs Engineering � Eastman Chemical � W.R. Grace & Co. � BHP � ABB � Petrofac International � CCL Oil � Giant Industries � Western Refining
  • 07/21/2000 -- Premcor upgrades Port Arthur refinery
    Premcor Inc. (formerly Clark Refining Holdings Inc.), St. Louis, Mo., has successfully tested the rated crude oil throughput capacity at its Port Arthur, Tex., refinery, almost a month after a fire shut down the crude distillation unit for a week. The crude distillation unit was recently boosted to 250,000 b/d capacity from 232,000.
  • 07/28/2000 -- Low energy stock prices hold down Canadian treasury financings
    Treasury financings completed by Canadian oil and natural gas exploration and production companies the first 6 months of this year declined by more than $2 billion (Can.), or 65%, vs. the first 6 months of 1999, reports Calgary-based research firm Sayer Securities Inc. Lower-than-usual share prices for energy companies and the risk of further diluting companies' market values are keeping the energy industry from doing more equity financings, says the analyst.
  • 07/26/2000 -- Woodside to participate in China LNG plant tender
    Woodside Petroleum Ltd., Perth, has solidified plans to take an interest in China�s LNG market with the recent establishment of a joint venture to tender for a $600 million LNG plant at the city of Shenzhen in the southern province of Guandong. Its partners in the tender are Chevron Corp., BHP Petroleum Pty. Ltd., and Korea Gas Corp.
  • 07/24/2000 -- Apache to acquire Occidental's Gulf of Mexico interests
    Houston-based Apache Corp. continued its recent acquisition trend Thursday when it announced it's acquiring for $385 million cash the Gulf of Mexico interests of a subsidiary of Occidental Petroleum Corp., Los Angeles. Apache will acquire interests in 32 fields, half of them operated, on 93 blocks on the Gulf of Mexico's Outer Continental Shelf. Total proven reserves are 56.8 million boe.
  • 07/17/2000 -- Finance/Companies news briefs, July 17
    BP Amoco ... FreeMarkets Inc. ... Anadarko Petroleum ... Union Pacific Resources ... Gazprom ... Apex Oil ... Crown Central Petroleum
  • 07/05/2000 -- Finance/Companies news briefs, July 5
    Meota Resources � Merit Energy � Gas Authority of India � Shell International Gas � Indian Oil Corp. � Oil & Natural Gas Corp. � Precision Drilling � Pride International � Plains Energy Services � ExxonMobil � South Pacific Petroleum Corp. � Azurix � Baker Hughes Industrial Services � Apache � Collins & Ware
  • 07/28/2000 -- Exploration/Development news briefs, July 28
    Bligh Oil & Minerals � Swift Energy New Zealand � Marabella Enterprises � Antrim International � Fletcher Challenge Energy � Origin Energy Resources NZ � Triton Energy � BHP � Sasol � China National Offshore Oil Corp. � Texaco � Arco � Petronas Carigali � Ramco
  • 07/20/2000 -- Semisub concept frontrunner for Kristin
    Norway's Statoil this week said it had chosen a semisubmersible production platform as its �principal option� to develop the Kristin gas-condensate field in the Haltenbanken area of the Norwegian Sea. The field partners nonetheless plan to continue evaluating alternative approaches for the discovery, which is part of the four-field Haltenbanken South complex.
  • 07/14/2000 -- ExxonMobil to begin Skene development
    ExxonMobil Corp. has received permission from the UK Department of Trade and Industry (DTI) to begin its planned $400 million development of Skene field in the UK North Sea.
  • 07/05/2000 -- Exploration/Development news briefs, July 5
    ONGC Videsh - Kerr-McGee - Fletcher Challenge - Gazprom - Wintershall - Colony Pacific Explorations - Imperial Metals
  • 07/03/2000 -- Apache, PetroChina to proceed with Zhao Dong field development
    Apache Corp., Houston, and PetroChina Co. Ltd. reported they have agreed to proceed with development of portions of the 49,000-acre Zhao Dong block in Bohai Bay, China. The agreement resolves issues that have delayed the project. It also calls for PetroChina and the China National Petroleum Corp. to quickly obtain final government approval of the phased development plan.
  • 07/19/2000 -- Electric Power news briefs, July 19
    TXU Electric & Gas ... FPL Energy LLC ... American Superconductor Corp. ... Rockwell Automation ... Essential.com ... Independence Pipeline Co. ... Exelon Energy ... PECO Energy Co. ... Comision Federal de Electricidad ... InterGen ... Energia Azteca X, S. de R.L. de CV
  • 07/05/2000 -- Electric Power news briefs, July 5
    Laclede Gas Co. ... PPL Corp. ... Constellation Power Source ... Enmax Energy Corp. ... Epcor Utilities Inc. ... Orion Power MidWest LP ... University Park Energy LLC ... Calpine Corp. ... Kinder Morgan Texas Pipeline ... UtiliCorp NZ Ltd. ... Fortum Engineering ... Babcock & Wilcox
  • 07/25/2000 -- Texaco begins production from Petronius project
    Texaco Inc. has begun commercial production of oil and natural gas at the Petronius project in the Gulf of Mexico. Installation of the Petronius platform, 130 miles southeast of New Orleans, was completed in early May (OGJ Online, May 5, 2000). The project was once expected to be on stream in early 1999, but a module was lost overboard in late 1998 and had to be rebuilt.
  • 07/11/2000 -- Drilling/Production news briefs, July 11
    Petrobras ... Alberta Energy Co. ... Parker Drilling ... Shell Petroleum Development Co. of Nigeria ... Chevron Nigeria ... Pride International ... Sonangol ... Kuwait Petroleum Corp.
  • 06/09/2000 -- Transportation news briefs, June 9
    Millennium Pipeline Co. ... Oil Tanking Inc. ... Equilon Pipeline Co. ... Black Hills Millennium Pipeline ... Black Hills Energy Pipeline ... Indian Oil Corp. ... Alpha Process Controls International
  • 06/05/2000 -- Canadian companies to study Arctic gas pipeline
    Canada�s two largest pipeline companies have formed an agreement to work together on plans for a pipeline to move Arctic natural gas south to Canadian and US markets. TransCanada PipeLines Ltd., Calgary, and Westcoast Energy Inc., Vancouver, BC, are working jointly on plans for shipping gas from Alaska's Prudhoe Bay and Canada's Mackenzie Delta and Northwest Territories.
  • 06/27/2000 -- Conoco unveils GTL research, development strategy
    Conoco Inc., Houston, recently unveiled the details of a 2-year-long research project through which it is trying to develop its own gas-to-liquids (GTL) technology. Company officials are optimistic that their new approach to tackling to the old F-T process will pay off handsomely by driving down costs 20-40% and raising production levels in an arena featuring few players.

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