General Interest 2002 P

09/27/2002 -- Timely dialogues
Policy-makers from nearly 70 countries attended the 8th International Energy Forum in Osaka Sept. 21-23.
09/27/2002 -- IADC: MMS's Burton cites delay in deep-drilling royalty relief for existing offshore leases
The royalty-relief incentives for new leases that the US Minerals Management Service had granted for Gulf of Mexico deep drilling have successfully spurred exploration and development drilling.
09/27/2002 -- IADC: Energy supply-demand realities seen keeping strong ties between oil exporting, importing countries
Calls for oil importing countries to reduce their dependence on Middle East oil by securing their supplies elsewhere or by switching to other fuels don't jibe with reality, a top analyst states.
09/27/2002 -- Market watch: Price for expiring gas futures contract hits 15-month high on NYMEX
Futures prices continued to slip Thursday, but the October natural gas contract registered "the highest expiration price in 15 months in a volatile choppy market," analysts reported.
09/26/2002 -- Industry, government officials see 'no roadblock' to FPSOs in Gulf of Mexico
Offshore participants and government regulators found "no identifiable roadblocks" barring use of floating production, storage, and offloading vessels in deepwater oil projects in the Gulf of Mexico.
09/26/2002 -- Clean diesel review panel reaches agreement on technical issues
The American Petroleum Institute and the National Petrochemical & Refiners Association endorsed the work of an independent clean diesel panel.
09/26/2002 -- Market watch: Energy prices retreat in market corrections
Energy futures prices retreated Wednesday, as traders used improved weather in the Gulf of Mexico and higher US gasoline inventories as an excuse to take profits after days of steady market gains.
09/26/2002 -- Analysts see market risks of war with Iraq as serious but not immediate
Risks to world oil markets from another war with Iraq aren't likely until next year, but depend largely on whether Saudi Arabia is willing and able to make up any shortfalls in oil supplies.
09/25/2002 -- Lawmakers, industry sound national security theme as energy bill debate heats up
A key US congressional lawmaker pledged to industry leaders Sept. 24 that Congress would pass "a good bill, perhaps even a great bill" this year emphasizing national security and economic stability.
09/25/2002 -- Market watch: Natural gas futures price falls as traders reap storm profits
Natural gas futures prices fell Tuesday on the New York Mercantile Exchange, even as offshore gas and oil production was being shut in ahead of Tropical Storm Isidore.
09/25/2002 -- IEA: World energy demand to grow briskly to 2030
Worldwide energy demand is set to grow by 1.7%/year to 2030, but there are abundant oil, gas, coal, uranium and renewable resources to meet this growth, says the International Energy Agency.
09/24/2002 -- Premcor cuts staff, takes restructuring charge
Independent refiner Premcor Inc. said it will cut its nonunion staff by about 20% and will record a $10 million restructuring charge in the third quarter related to the reduction.
09/24/2002 -- FERC judge says El Paso unit withheld natural gas supplies from California
A Federal Energy Regulatory Commission judge found that El Paso Corp. illegally exercised market power by withholding supplies of natural gas to California at the time of a statewide state's power crisis during November 2000-March 2001, thereby inflating prices by a reported $3.7 billion.
09/24/2002 -- Market watch: Concerns about Iraq push NYMEX oil price past $30/bbl
Oil futures prices jumped above $30/bbl Monday on the New York Mercantile Exchange as Iraq rejected any new United Nations resolution regarding weapons inspectors.
09/23/2002 -- EIA's Caruso: DOE's information unit to bolster data quality, international scope
Guy F. Caruso, administrator, US Energy Information AdministrationEIA remains committed to remaining policy-neutral and independent: "The trust and credibility of EIA information is essential to the fulfillment of that mission."
09/23/2002 -- Duke Energy cancels construction of three power plants in western US
Duke Energy North America (DENA) has deferred plans to construct three natural gas-fueled power plants that would have supplied 2,420 Mw of power to states in the western US.
09/23/2002 -- Market watch: Energy futures prices increase as Isidore threatens Gulf of Mexico
Energy futures prices generally continued to move up in New York and London markets Friday, with the likelihood of additional increases this week, analysts reported Monday.
09/23/2002 -- 2-year staff investigation points to gaps in OSHA and industry standards for reactive chemicals
The US Chemical Safety and Hazard Investigation Board called on federal regulators and trade groups to improve the safety record of US chemical plants by broadening the scope of process safety rules.
09/20/2002 -- Lower expectations
It's not the best or worst of times for industry as far as clean diesel regulations goes.
09/20/2002 -- Ashland elects O'Brien to Ashland CEO spot
James J. O'Brien, currently serving as president and chief operating officer of Ashland Inc., has been elected to serve as CEO of the Covington, Ky.-based firm effective Oct. 1.

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