09/20/2002
-- ConocoPhillips's Dunham named to NIAC Archie W. Dunham, chairman of ConocoPhillips, has been named to the National Infrastructure Advisory Council. Established by President George W. Bush in 2001.
09/20/2002
-- IEA sees oil stocks trending lower Amid sluggish demand growth, poor refining margins, decreased compliance with output quotas by members of OPEC, and the risk of a double-dip recession, the price of oil has hovered around $30/bbl.
09/20/2002
-- OPEC shrugs at status quo amid uncertainty OPEC pretty much just shrugged at the status quo despite the looming threat of war and uncertainty over demand in the weeks to come.
09/19/2002
-- Market watch: OPEC holds production quota as oil markets rally Energy futures prices rallied Wednesday on bullish reports of reduced US oil inventories and correct market assumptions that OPEC would retain current production quotas at its ministerial meeting.
09/19/2002
-- Berry Petroleum names new drilling manager Jack J. Cook has been hired as drilling manger for Berry Petroleum Co. effective Sept. 1. In his new position, Cook will supervise all US drilling and workover operations.
09/18/2002
-- Market watch: Oil futures prices fall as added 'war premium' deflates Oil futures prices declined Tuesday, as traders bled off more of the market's built-in "war premium" after Iraq sent a letter to the UN saying it is willing to discuss readmiting UN weapons inspectors.
09/18/2002
-- OIG names president for its US oil and gas unit Paul A. Doyle has been named vice-president of privately held Offshore International Group Inc. and president of the firm's US oil and gas unit Fairways Offshore Exploration Inc., Houston.
09/18/2002
-- EC energy security proposals meet skepticism There is little enthusiasm within Europe for two new proposed directives advanced by the European Commission that aim to apply coordinated measures to bolster the security of European Union members' oil and gas supplies.
09/18/2002
-- Environmentalists slam clean fuel liability plan in pending energy bill As the US Congress resumes energy bill negotiations this week, environmental and public interest groups called on lawmakers to reject a pending Senate provision designed to exempt fuel ethanol from federal and state product liability lawsuits.
09/18/2002
-- Analysts say OPEC quota increase is advisable but not vital The Organization of Petroleum Exporting Countries should increase its production quotabut not its actual outputby 500,000-1 million b/d, said financial analysts.
09/17/2002
-- Market watch: Iraqi 'progress' softens energy future prices Energy futures prices slipped Monday near the end of trading on the New York Mercantile Exchange with rumors of progress in negotiations between Iraq and United Nations officials.
09/17/2002
-- Canadian companies lead M&A activity in first half of 2002 Canadian energy companies led their US counterparts in mergers and acquisitions in that country during the first half of this year, with the second highest activity level in the last 5 years.
09/17/2002
-- TIPRO, Texas Railroad Commission differ on bonding requirements Texas Independent Producers and Royalty Owners is pushing the Texas Railroad Commission to allow independent exploration and production companies the 3-year phase-in designated by state legislators.
09/16/2002
-- Nisource taps Miller for COO spot Samuel W. Miller has been named executive vice-president and chief operating officer of Nisource Inc., Merrillville, Ind. effective Sept. 1.
09/16/2002
-- Algeria's Sonatrach acquires first European foothold Algerian state oil company Sonatrach is taking its first foothold in Europe through a three-pronged agreement with Spain's Cepsa in which France's TotalFinaElf SA has a 44% stake.