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General Interest 2001 P16

  • 01/16/2001 -- Processing news briefs, Jan. 16
    Indian Oil � BP � China � China Petroleum & Chemical Corp. � Bazan Oil Refineries � ExxonMobil Research & Engineering � US Department of Energy � Novozymes Biotech
  • 01/24/2001 -- Finance/Companies news briefs, Jan. 24
    TotalFinaElf � TransCanada PipeLines � Ocean Energy � Texoil � Rocky Mountain Gas � J. Ray McDermott � Bay � Agip Energy (Australia) � QRL Liquidating � Madison Energy Advisors � ProSafe � Nortrans Offshore � Williams � ARC Canadian Energy Venture Fund 2 � Sterling Resources � Southwestern Energy � Phillips Petroleum � and more
  • 01/19/2001 -- Nexen plans record capital expenditures for 2001
    Nexen Inc., Calgary, the former Canadian Occidental Petroleum Ltd., plans record spending of $1.3 billion (Can.) in 2001, a 38% increase over 2000. Pres. and CEO Victor Zaleschuk said the spending plans are the largest in the company�s history.
  • 01/16/2001 -- Finance/Companies news briefs, Jan. 16
    Canadian Natural Resources - Tradewinds Oil & Gas International - PT. Radiant Energi Sukatani - PT. Radiant Ramok Senabing - Tom Brown Resources - Stellarton Energy - Ultra Petroleum - Pendaries Petroleum - National-Oilwell - Maritime Hydraulics (Canada) - Ryan Energy Technologies USA - Smith Services Directional Group - and more
  • 01/10/2001 -- Finance/Companies news briefs, Jan. 10
    Quicksilver Resources � Mercury Exploration � Williams � Precision Drilling � BecField Drilling Services � Talisman Energy � Enterprise Oil � Nuevo Energy � Naftex ARM � ONEOK Resources � Magnum Hunter Resources � Benson Petroleum � Southward Energy
  • 01/08/2001 -- Finance/Companies news briefs, Jan. 8
    Oil & Natural Gas Corp. � Rosneft � TotalFinaElf � Quadra Resources � TOO Kenes � Compagnie de Roberval � Energy Corp. of America � Penn Virginia � Crown Central Petroleum � and more
  • 01/05/2001 -- CSO finishes purchase of Aker's deepwater division
    Paris-based contractor Coflexip Stena Offshore said Friday that it had completed the $625 million acquisition of Aker Maritime ASA's Deepwater Company business unit. The deal will see the French company acquire some $513 million in shares and take on net debt of $112 million.
  • 01/02/2001 -- Newfield to buy Lariat for $333 million
    Newfield Exploration Co., Houston, is acquiring Lariat Petroleum Inc. for approximately $333 million, including the assumption of Lariat's debt. Lariat is a private, independent exploration and production company primarily focused in the Anadarko Basin of Oklahoma.
  • 01/30/2001 -- Peru launches licensing round
    Peru Monday launched a round of exploration and production licenses. Meanwhile, Energy Minister Carlos Herrera is working with the Finance Ministry to improve terms for exploration in remote areas, heavy oil discoveries, and additional production from mature fields.
  • 01/22/2001 -- Talisman, Seneca Resources to jointly explore Appalachian acreage
    Talisman Energy Inc., Calgary, and Seneca Resouces Corp., a unit of National Fuel Gas Co., Buffalo, NY, formed a joint venture to explore in the Appalachian basin of the US. The 5-year agreement includes nearly 1 million acres in western New York and northwest Pennsylvania.
  • 01/12/2001 -- Exploration/Development news briefs, Jan. 12
    BP � ABB Singapore � TGS-NOPEC Geophysical � Unocal Rapak � Shell Brasil � BJ Services � TotalFinaElf Exploration UK
  • 01/08/2001 -- Exploration/Development news briefs, Jan. 8
    Europa Oil & Gas � Zahidukrgeologia � Santos � Delhi Petroleum � Origin Energy � Oil Co. of Australia � Niugini Energy � Vintage Petroleum � Bois d'Arc Offshore� Comstock Resources
  • 01/02/2001 -- 20 oil firms eye Algerian exploration licenses
    More than 20 international oil companies are interested in six exploration blocks in Algeria, according to the Ministry of Energy and Mines. Algeria began a tendering process for four blocks in the Berkine basin in the southeast of the country, one in the In Salah region, and one in the northeast last November.
  • 01/24/2001 -- Singapore expects power reforms this year
    The Singapore power industry this year is expecting two major developments: Singapore power stations will be gradually sold off to private investors, and consumers�not just the power generators�will have a say in how much they pay for electricity. Sources said under an ongoing industry review, expected to be completed soon, the first 'bang' will come April 1, when a revised electricity pooling system will be launched.
  • 01/22/2001 -- Refineries could be subject to rolling blackouts
    Once exempt from involuntary electricity outages, California refineries were notified by utilities they will be subject to rolling blackouts just as any ordinary customer. Meanwhile, the California Public Utilities Commission temporarily exempted certain pipelines from the voluntary interruptible load provisions of their contracts during electricity emergencies, after gasoline, jet fuel, and diesel for emergency generators began backing up in the system during last week's rolling blackouts.
  • 01/19/2001 -- Electricity outages force gasoline pipeline shut down
    Gasoline could be in short supply in California after a major products pipeline with an interruptible electricity supply contract was shut down for almost 3 straight days. With California's power crisis spreading, inventories are building up at some refineries. Kinder Morgan Inc.'s pipeline returned to service Friday after Pacific Gas & Electric Co. cut power to the pipeline during electricity emergencies earlier in the week.
  • 12/28/2001 -- TXU and PUC staff proposes $1.3 billion settlement for stranded cost issue
    TXU Electric and the staff of the Public Utility Commission of Texas agreed that TXU could collect $1.3 billion for so-called stranded costs or costs incurred under regulation considered uncompetitive once the market opens in January 2002
  • 12/28/2001 -- Market watch: US energy prices soften Thursday prior to rebound
    US energy futures prices softened Thursday but bumped up in after-hours electronic trading with a production quota cut by the Organization of Petroleum Exporting Countries and a bullish report on domestic inventories.
  • 12/27/2001 -- Indiana utility seeks return of merchant plants to regulation
    PSI Energy petitioned state regulators to bring two merchant peaking plants into rate base and under regulation.
  • 12/27/2001 -- Delta Petroleum to acquire privately held Piper Petroleum
    Delta Petroleum Corp., Denver, agreed to buy Piper Petroleum Co., a privately owned oil and gas company based in Fort Worth, Tex. Delta will issue stock to Piper shareholders and pay off $1.2 million in Piper debt.
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