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Processing 2001 P

  • 10/17/2001 -- API reports US jet fuel demand plunged nearly 10% in September
    The American Petroleum Institute reported Wednesday that jet fuel deliveries fell nearly 10% in September due to reduced air travel following terrorist attacks. API blamed those incidents and a lackluster economy for a 3.7% drop in the month's petroleum product deliveries, vs. September 2000.
  • 10/17/2001 -- Market watch: Energy futures prices weaken
    Energy futures prices continued to weaken in international markets Tuesday. The November contract for benchmark US light, sweet crudes dropped 29¢ to $22/bbl on the New York Mercantile Exchange, but rebounded in after-hours trading with a bullish report on US inventories.
  • 10/16/2001 -- Petrobras considers acquisition of US refining capacity
    Petrobras Pres. Henri Philippe Reichstul confirmed his corporation is mulling the possible acquisition of US refining capacity. But that doesn't necessarily mean the Brazilian company will buy a refinery, he said.
  • 10/15/2001 -- PetroChina building jet fuel hydrotreater in Liaoning province
    PetroChina Co. Ltd. unit Jinzhou Petrochemical Corp. has begun building a jet fuel hydrotreater in northeastern China's Liaoning province.
  • 10/12/2001 -- Qatar LNG awards contract for expansion of Ras Laffan trains
    Qatar Liquefied Gas Co. gave a Technip and Chiyoda joint venture a 100 million euro contract to expand the LNG facility at Ras Laffan on the northeast coast of Qatar.
  • 10/12/2001 -- Oil demand slump a sobering counterpoint to threat of supply disruption
    The worsening oil demand slump provides a counterpoint to the simultaneous prospect of a supply disruption--a counterintuitive scenario that may be a harbinger of the future.
  • 10/11/2001 -- Tidelands subsidiary signs 10-year gas contract with Mexican LDC
    Reef Marketing LLC, a subsidiary of Tidelands Oil & Gas Corp., Corpus Christi, Tex., signed an initial 10-year agreement to sell natural gas to Compania Nacional de Gas SA de CV (Conagas), a distribution company that serves the Piedras Negras, Coahuilla, Mexico area.
  • 10/10/2001 -- TotalFinaElf, seven Japanese firms plan dimethyl ether venture
    Eight companies have agreed to form a dimethyl ether production, sales, and research company. They will launch DME International Corp. Oct. 19.
  • 10/10/2001 -- Market watch: Energy futures prices show small increases
    Energy futures registered small increases on international markets Tuesday as traders awaited new developments from US raids in Afghanistan and the bigger players remained on the sidelines.
  • 10/09/2001 -- Nuclear power study says waste remains issue
    New plant designs promise to resolve some commercial and safety barriers to nuclear power, said the Baker Institute for Public Policy at Rice University in a recent report. But the industry is still burdened by poor public perception, the risk of rogue states using power plants as a cover for nuclear weapon proliferation, and nuclear waste problems.
  • 10/09/2001 -- BASF gives ICA Fluor Daniel contract to build Mexican polymer plant
    BASF Mexicana SA awarded ICA Fluor Daniel a contract to build a $53 million plant to make polymers at Altamira, Tamaulipas, Mexico.
  • 10/08/2001 -- Foster Wheeler outlines more details of Ras Laffan GTL contract
    Foster Wheeler Corp. has revealed more information about its front-end engineering design contract for an $800 million gas-to-liquids plant in Ras Laffan Industrial City, Qatar. The $30 million contract was announced in July.
  • 10/08/2001 -- Sinochem to take 51% of proposed refinery in Hainan province
    China National Chemicals Import & Export Corp. (Sinochem) will take a 51% stake in a proposed refinery in southern China's Hainan province.
  • 10/08/2001 -- Oil union says post-merger job security will be top bargaining goal
    The Paper, Allied-Industrial, Chemical, and Energy Workers International Union has adopted recommendations for oil bargaining for 2002 that focus on post-merger job security.
  • 10/05/2001 -- Malampaya delivers first gas
    The Malampaya project off the Philippines delivered first gas to the Batangas gas handling plant, more than a week before the official inauguration of the gas-to-power scheme by President Gloria Macapagal-Arroyo.
  • 10/05/2001 -- Racing the clock
    When it comes to lawmaking, US congressmen often act like college students. They procrastinate, lose concentration easily, and wait until the last minute to get anything done.
  • 10/04/2001 -- New Mexico, Arizona utilities to form RTO
    Four utilities serving mostly Arizona and New Mexico Thursday said they will file an application with federal regulators to form a for-profit regional transmission organization. The RTO, to be known as WestConnect, will be governed by a for-profit board and will be based on policies and procedures developed over the last 4 years for DesertSTAR, its predecessor, the companies said.
  • 10/04/2001 -- DOE weighing options to fill SPR to full capacity
    The US Department of Energy said Thursday it had not made a final decision on whether it plans to add about 150 million bbl of oil to the Strategic Petroleum Reserve. "It's still under active consideration," said Deputy Sec. of Energy Frank Blake.
  • 10/04/2001 -- Electricity a bright spot for winter gas use, EIA says
    Electricity is the bright spot in an otherwise bleak outlook for natural gas use this winter, the US Energy Information Administration said Thursday. With industrial consumption contracting, the EIA said the principal sector keeping gas demand from falling even more sharply is the power generating sector.
  • 10/04/2001 -- Study disputes assumptions for California's ban on MTBE in gasoline
    The Methanol Institute says the potential for groundwater contamination by the gasoline additive methyl tertiary butyl ether has been overstated.

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