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General Interest 2002 P
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11/11/2002 -- S&P: $90 billion in refinancing needed by US energy merchants by 2006
Access to capital will be the key to survival for US energy merchants with medium-term debt to refinance within the next 4 years, reported Standard & Poor's Rating Service. -
11/11/2002 -- Iran considers participating in the Energy Charter
Iran is considering possible participation in the Energy Charter, an inter-governmental organization devoted to promoting East-West energy cooperation among its 51 European and Asian member states. -
11/11/2002 -- Kerr-McGee names Wilkinson vice-president, treasurer
Elizabeth Wilkinson has joined Kerr-McGee Corp., Oklahoma City, as vice-president and treasurer. -
11/11/2002 -- Market watch: Oil prices climb pending Iraq's response to UN resolution
Oil prices climbed Friday following US President George W. Bush's comments that Iraq would face "the severest consequences" if it refused to comply with a new UN resolution requiring it to disarm. -
11/11/2002 -- Step change still looming for gas markets
While the near-term outlook for natural gas prices remains volatile, there continues to be healthy case-building for a step change in gas pricing fundamentals in the coming years. -
11/08/2002 -- El Paso to exit energy trading business
El Paso Corp., Houston, reported Friday that it planned to exit its energy trading business, citing "substantially diminished business opportunities" and "higher capital costs". -
11/08/2002 -- No simple answers
As Congress prepares for more debate over a new Department of Homeland Security, two foreign policy think tanks warn that the public and private sectors still talk past each other in the war on terrorism. -
11/08/2002 -- Hunt Oil: Camisea area reserves can also support LNG export project, but timing critical
Peru's greater Camisea fields area has sufficient natural gas reserves to support a $1 billion project to export LNG to the western coasts of North America, according to an official with the Peruvian unit of Hunt Oil Co., Dallas. -
11/08/2002 -- Tesco acquires casing running business
Tesco Corp. said it has acquired all of the assets and the ongoing business of Bo Gray Casing Co. and A&M Tubular Maintenance from Houston-based Catalyst Group Inc. and its partners for $10.5 million. -
11/08/2002 -- Market watch: Falling futures prices ignore market fundamentals, analysts say
Energy prices continued to deteriorate in anticipation of the United Nations Security Council's approval of a resolution stipulating no military action be taken against Iraq without consulting the UN. -
11/08/2002 -- PDVSA planning natural gas exports in 2005
Petroleos de Venezuela SA (PDVSA) expects to have enough natural gas production to begin exporting it in 2005, Fernando Puig, PDVSA gas president, told OPEC News Agency earlier this week. -
11/07/2002 -- Exploration of Trinidad & Tobago's deep waters continues apace
The world's leading oil and gas companies are not ready to give up their search for hydrocarbons in commercial quantities in deep waters off Trinidad and Tobago, even though they have already spent hundreds of millions of dollars. -
11/07/2002 -- Atofina names O'Shields vice-president and chief information officer
Lee O'Shields has been elected vice-president and chief information officer of Atofina Petrochemicals Inc., Houston. -
11/07/2002 -- Market watch: Natural gas prices fall prior to seasonal pull from storage
Natural gas futures prices dipped again Wednesday just ahead of a government report Thursday of the first withdrawal of gas supplies from US underground storage for this winter season. -
11/06/2002 -- Pluspetrol: Camisea could spur Peruvian gas exploration boom like Bolivia's
The Camisea natural gas megaproject has the potential to spur a surge in gas exploration in Peru comparable to that seen in Bolivia following the development of the Bolivia-Brazil gas pipeline, according to the head of the company leading Camisea's upstream effort. -
11/06/2002 -- Market watch: Energy futures prices fall in anticipation of stock builds
Futures prices for oil and petroleum products plunged Tuesday in New York and London markets in anticipation of increased US inventories. -
11/06/2002 -- Mexico seen relying more on imports, notably LNG, for gas supply needs
Mexico will be increasingly reliant on imports to meet its natural gas supply needs, despite its best efforts to boost domestic gas production, says a top executive with that country's state oil company. -
11/05/2002 -- Tesoro to sell 70 Northern California retail stations
Tesoro Petroleum signed three separate sale and purchase agreements to sell 70 retail stations for a sum total of $67 million in cash, including $5 million in estimated associated working capital. -
11/05/2002 -- EPA to discuss diesel regulations with industry this month in Houston
The US Environmental Protection Agency will hear the industry's viewpoints regarding EPA's pending 2006 highway low-sulfur diesel regulations during a Nov. 20-21 workshop in Houston. -
11/05/2002 -- AltaGas to acquire EnCana's natural gas midstream assets
AltaGas Services entered into an agreement to acquire EnCana Corp.'s interests in two natural gas pipelines in Suffield, Alta., and nine natural gas gathering and processing systems for $115 million.
