1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014

Processing 2001 P12

  • Fri May 04 09:05:00 CDT 2001 -- PGS Production Services takes over MMO specialist JVI
    PGS Production Services, the North Sea operations management arm of Norway's PGS Group AS, Friday completed the takeover of Joint Venture International, the UK maintenance, modification, and operations company it helped set up in 1991.
  • Fri May 04 13:05:00 CDT 2001 -- France's refining industry booms on 'exceptional' margins
    Refining margins in France nearly doubled the historical average last year leading to a "good but atypical" post-tax result of 6.7 billion francs for the country's refining/distribution sector, the president of the Union Française des Industries Pétrolières, Philippe Trépant, said Thursday. Consumption of oil products, however, fell for the first time since 1993 as the result of high oil prices.
  • Fri May 04 14:05:00 CDT 2001 -- PDVSA moves to minimize effects of faulty catalytic cracker
    State oil corporation Petroleos de Venezuela SA (PDVSA) has moved "to minimize the possible effects" the shutdown of a catalytic cracker unit at its Cardon refinery may have on gasoline supplies to the US, the company said Friday. The 77,000 b/d unit was shut down on Thursday for the second time in a week.
  • Mon May 07 09:05:00 CDT 2001 -- Valero buying Ultramar Diamond Shamrock for $6 billion
    Valero Energy Corp. Monday said it plans to acquire Ultramar Diamond Shamrock Corp. for $6 billion, making it one of the nation's largest refiners. The boards of both companies have approved the transaction, and if stockholders and regulators approve, it will close by the end of the year.
  • Tue May 08 08:05:00 CDT 2001 -- EIA says low sulfur diesel supply picture uncertain
    The US Energy Information Administration late Monday said it could not predict whether refiners and importers will be able to supply enough low sulfur diesel fuel to meet market demand in 5 years. EIA's comments were in a report requested by the House Committee on Science.
  • Tue May 08 13:05:00 CDT 2001 -- Washington state official wants FERC inquiry expanded
    Washington state Atty. Gen. Christine Gregoire Monday asked federal regulators to expand an investigation into high electric wholesale prices in the West and to include natural gas prices. In an Apr. 26 order, the Federal Energy Regulatory Agency said it would look only into wholesale prices charged on the spot market during periods in which electrical power reserves drop below 7%.
  • Tue May 08 14:05:00 CDT 2001 -- BP posts record profits given higher gas prices
    Surging North American gas prices and higher production levels spurred BP PLC to post its seventh successive record-setting quarterly results. The megamajor recorded profits of $4.126 billion in the first quarter, a 32% jump from a year ago. Chief Executive John Browne said the results reflected a "positive environment".
  • Wed May 09 10:05:00 CDT 2001 -- Market watch: Energy futures waffle with wrong guess on inventories
    Energy futures prices continued to decline Tuesday, with traders mistakenly anticipating a bearish report on US inventories of oil and refined products by the American Petroleum Institute. However, oil prices rebounded in after-hours electronic trading when the API showed a smaller-than-expected increase in gasoline stocks.
  • Wed May 09 14:05:00 CDT 2001 -- US legislators mull renewal of Iran, Libya sanctions
    House lawmakers may seek to renew a controversial law that seeks to punish foreign countries or companies that invest in Iran or Libya, the chairman of a House foreign policy subcommittee said Wednesday. It is uncertain what position the White House will take on the issue.
  • Thu May 10 14:05:00 CDT 2001 -- ERCOT forecasts sufficient power for summer peak
    Texas should get through the summer without threats of blackouts given the amount of available generating capacity and forecast peak demand. ERCOT, or the Electric Reliability Council of Texas, released its summer assessment for 2001 forecasting peak demand to be 2% lower than last summer.
  • Thu May 10 15:05:00 CDT 2001 -- Syntroleum, PGS to form floating GTL venture
    Syntroleum Corp., Tulsa, and Norwegian company Petroleum Geo-Services ASA have agreed to form a joint venture to develop, market, and operate mobile marine production facilities based on Syntroleum's proprietary gas-to-liquids technology.
  • Thu May 10 16:05:00 CDT 2001 -- Valero CEO says UDS acquisition will improve stability
    Valero Energy Corp. expects expanded market depth and improved earnings stability upon completion of its acquisition of Ultramar Diamond Shamrock for $6 billion, Valero CEO Bill Greehey told shareholders Thursday. He said the resulting combined company would have a more balanced asset portfolio.
  • Fri May 11 00:05:00 CDT 2001 -- Direction of US gasoline stocks driving oil market today
    Gauging the direction of gasoline stock cover this year offers strong clues to direction of oil prices.
  • Fri May 11 00:05:00 CDT 2001 -- Climate change redux
    Kyoto is dead, the White House says. But the climate change issue is neither gone nor forgotten for the Bush administration.
  • Fri May 11 08:05:00 CDT 2001 -- EC pushes for introduction of 'zero sulfur' fuels by 2011
    The European Commission Friday proposed to make the use "zero sulfur" fuel mandatory in every member of state by 2011, as part of a plan to accelerate the take-up of newer fuel-efficient technologies in cars and trucks to help reduce carbon dioxide emissions. The EC proposal aims to "remove an important technical barrier to the introduction of the most advanced fuel-efficient vehicles,".
  • Fri May 11 13:05:00 CDT 2001 -- White House may endorse temporary cut in gasoline tax
    The White House may endorse a temporary reduction in the 18.4¢/gal federal excise tax on gasoline, oil industry lobbyists say. But some cabinet members may oppose a repeal since the action would cut revenues for the federal highway trust fund, which is used for road construction and repair.
  • Fri May 11 16:05:00 CDT 2001 -- Canadian electricity interests look to US export markets
    BC Hydro's revenue from exports to the US Northwest and Alberta increased to $2 billion last year, nearly four times 1999's, even though actual exports were down slightly, the National Energy Board said in a new assessment of the Canadian power market. Hydopower rich regions such as British Columbia, Manitoba, and Quebec expect to capitalize on exports to the electricity hungry US market.
  • Mon May 14 14:05:00 CDT 2001 -- TotalFinaElf and Delphi partner to advance fuel cell technology
    TotalFinaElf SA Monday signed a codevelopment agreement with Delphi Automotive Systems Corp., Troy, Mich., to research and test fuel cell technologies and fuel reformation. Delphi executives said the partnership will study the effect of fuel composition and additives on the performance of fuel-reforming devices.
  • Tue May 15 13:05:00 CDT 2001 -- EIA says US gasoline prices may peak this month
    With no further major refinery problems, record high retail gasoline prices may peak this month, the US Energy Information Administration told a House subcommittee Tuesday. EIA's latest forecast was that monthly average prices would peak between $1.65 and $1.75/gal.
  • Tue May 15 13:05:00 CDT 2001 -- Texaco and Sonangol invite tenders for Angola LNG Project
    Angola's state-owned oil company, Sonangol, and Texaco Inc. invited four groups to bid for an engineering contract on the proposed liquefied natural gas project in Luanda, Angola. Meanwhile, Citibank was retained as a financial advisor for a financing feasibility study.

Related Articles

EPA will set RFS requirements for this year next year

11/21/2014

How bad does regulation of the Renewable Fuel Standard have to become before the US Congress ends a program broken beyond repair?

BHI: Oklahoma, Cana Woodford lead gains in this week’s rig count

11/21/2014 A week of mostly offsetting activity saw the US drilling rig count edged up a single unit to 1,929 rigs working during the week ended Nov. 21, Bake...

EPA won’t finalize RFS’s 2014 biofuel quotas before yearend

11/21/2014 The US Environmental Protection Agency announced it will not finalize 2014 biofuel quotas under the federal Renewable Fuel Standard (RFS) before ye...

MARKET WATCH: NYMEX crude up on recovering Chinese oil demand

11/21/2014

Oil prices bounced back up $1/bbl on the New York market Nov. 20 on indications that Chinese oil demand might be recovering.

Worker killed in platform explosion offshore Louisiana

11/21/2014 An explosion that occurred on Nov. 20 at the Fieldwood Energy LLC-operated West Delta 105 E offshore platform, also known as Echo, in the Gulf of M...

Statoil halts Kwanza exploration program offshore Angola

11/21/2014 Statoil ASA has canceled the Stena Carron rig contract, effective Nov. 21, after fulfilling work commitments in company-operated Blocks 38 and 39 o...

Petrobras starts production from another Santos basin FPSO

11/21/2014 Petroleo Brasileiro SA (Petrobras) has launched production from the Cidade de Ilhabelha floating production, storage, and offloading vessel in Sapi...

Navitas to build Eaglebine natural gas gathering pipeline

11/20/2014 Navitas Midstream Partners LLC, The Woodlands, Tex., will build the La Bahia natural gas gathering system, including a 20-in. OD pipeline extending...

Total joins global climate initiatives

11/20/2014 Total SA, in what it describes as a consolidation of its efforts to address climate change, will support initiatives of the United Nations Global C...

White Papers

How to Keep Your Mud System Vibrator Hose from Getting Hammered to Death

To prevent the vibrating hoses on your oilfield mud circulation systems from failing, you must examine...
Sponsored by

Duty of Care

Good corporate social responsibility means implementing effective workplace health and safety measures...
Sponsored by

Increase Equipment Uptime Through Robust Enterprise Asset Management

Whether you operate in the Upstream Drilling and Exploration sector, the Midstream distribution sector...
Sponsored by

Continuous Improvement for Maintenance with Robust Reporting and Analytics

You should have real-time, anywhere access to more relevant and comprehensive data to help manage and ...
Sponsored by

Enterprise Asset Management Solution for Movable Assets in the Oil & Gas Industry

Drilling and exploration companies face several challenges in effectively managing assets both offshor...
Sponsored by

Supporting HSE Needs for Oil & Gas Through Effective Asset Management Practices

The Oil & Gas industry is constantly being challenged to find, extract and deliver cheaper an...
Sponsored by

Sesam for subsea design analysis

With the exponential growth in the subsea sector, a new set of challenges now face the industry. Mostl...
Sponsored by

Is the gas delivery system you’re looking at able to meet your power generation needs: a hydraulic engineer’s perspective

The hydraulic characteristics, and system response to demands and supplies, of natural gas pipelines a...
Sponsored by
[an error occurred while processing this directive]

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected