1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Processing 2002 P6

  • 04/02/2002 -- Duke Energy completes acquisition of Westcoast Energy
    Duke Energy Corp. has closed on the previously announced acquisition of Vancouver, BC-based Westcoast Energy Inc. The transaction, valued at about $8 billion based on cash, stock consideration, and debt assumed, is expected to be accretive to Duke Energy's earnings.
  • 04/03/2002 -- Petrobras sticks with growth plans, says new CEO
    Petrobras Pres. and CEO Francisco GrosAs part of its growth plan, Brazil's state oil company Petrobras is shopping for a company with 100,000 boe/d of production in the US Gulf of Mexico.
  • 04/03/2002 -- Pakistan promoting CNG industry in Iran
    Pakistan is seeking to help Iran develop its compressed natural gas motor fuel industry. As one of the world's largest CNG motor fuel users, Pakistan is in a position to provide technical expertise and cooperation to develop and promote the CNG industry in Iran, a government official said.
  • 04/03/2002 -- SABIC to acquire DSM's petrochemicals business for almost $2 billion
    Saudi Arabia Basic Industries Corp, (SABIC) has reached an agreement in principle with DSM BV to purchase DSM's petrochemicals business for 2.25 billion euros ($1.98 billion). With the acquisition, SABIC, already the largest petrochemicals producer in the Middle East, will move from 22nd to 11th largest in global petrochemicals.
  • 04/08/2002 -- Shell contracts LNG for planned western Mexico terminal
    Royal Dutch/Shell unit Shell Gas & Power has secured initial supplies for its proposed LNG regasification terminal in Costa Azul, in the municipality of Ensenada, Baja California, on Mexico's West Coast. Shell did not identify the sources of the initial supply of 7.5 million tonnes/year for the project, other than to say they were in the Asia-Pacific region.
  • 04/09/2002 -- Koch Holdings Enterprises acquires 40% stake in NGL fractionator
    Koch Holdings Enterprises LLC has bought 40% ownership of a natural gas liquids fractionator from subsidiaries of Valero Energy Corp., San Antonio. Koch Holdings Enterprises, through its subsidiaries, is now an 80% shareholder in the 160,000 b/d Mont Belvieu 1 fractionator. Terms of the deal aren't disclosed.
  • 04/10/2002 -- Market watch: Oil futures prices fall as embargo fears subside
    Energy futures prices fell Tuesday as Israeli troops withdrew from some of the disputed Palestinian territories and Saudi Arabia pledged to make up any shortfall from Iraq's embargo of oil exports.
  • 04/11/2002 -- ESAI: Chinese gasoline exports expected to 'explode'
    Gasoline exports from China appear ready to "explode," according to Boston-based research firm Energy Security Analysis Inc.
  • 04/16/2002 -- Suncor's oil sands hydrogen unit down for repairs
    Suncor Energy Inc. has shut down its Millennium oil sands project hydrogen unit to replace a leaking gasket that led to a small fire Apr. 9. The outage of this hydrogen unit—one of two at the oil sands plant—is expected to take up to 10 days and is expected to reduce average production in April to about 180,000 b/d.
  • 04/17/2002 -- Duke Energy unit awards contract for construction of Hanging Rock power facility
    Duke Energy North America (DENA), a unit of Duke Energy Corp., Charlotte, NC, let a turnkey engineering contract to Duke/Fluor Daniel for the engineering, procurement, and construction of the company's 1,240 Mw natural-gas fired Hanging Rock electric generation facility in Hamilton Township, Lawrence County, Ohio. The contract amount was not disclosed.
  • 04/19/2002 -- Beyond ANWR
    There's more to US energy policy than drilling in Alaska or expanding fuel ethanol production. But both topics have largely overshadowed the public's interest in other industry issues as the US Congress considers the most sweeping energy reform bill in a decade.
  • 04/23/2002 -- Contract awarded for Omani giant ammonia-urea complex
    Oman-India Fertilizer Co. has awarded a lump-sum turnkey contract valued at $770 million to Technip-Coflexip and 50:50 joint venture partner Snamprogetti SPA for the design and construction of a grassroots ammonia-urea complex—said to be the world's largest—in Oman. Financing for the project is under way.
  • 04/24/2002 -- Market watch: Bearish inventory report dampens oil futures prices
    Energy futures prices generally advanced Tuesday. However, oil prices declined in after-hours electronic trading on the New York Mercantile Exchange following a more bearish assessment of US petroleum inventories by the American Petroleum Institute.
  • 05/02/2002 -- Contracts awarded at Kårstø gas treatment complex
    Statoil ASA, on behalf of Norway's new state-owned company, Gassco AS, has awarded Fabricom Contracting NV a contract to prefabricate and install mechanical and electrical equipment, including instrumentation, as part of the development project at the Kårstø gas treatment complex in southern Norway.
  • 05/03/2002 -- Court rules in favor of EPA low sulfur diesel rule
    The US Court of Appeals for the D.C. Circuit on Friday upheld a controversial low sulfur diesel fuel issued by the Environmental Protection Agency and opposed by industry. Refiners that filed suit against the agency called the court's decision "disappointing."
  • 05/07/2002 -- Benzene, cyclohexane demand plunges, while cumene, phenol thrive
    The year 2001 was one of the worst years for benzene demand, according to a recently completed Chemical Market Associates Inc. study. However, conditions are in place to reverse that trend and firm up demand within the next 4 years. CMAI also updated the outlooks for cumene and phenol—which continue to enjoy strong demand growth—and cyclohexane, which is languishing.
  • 05/13/2002 -- Hungary awards Linde ethylene plant contract
    Hungary's petrochemical company Tiszai Vegyi Kombinat Rt. has awarded Wiesbaden-based Linde AG a contract for a new ethylene plant at Tiszaujvaros in northeastern Hungary. The plant is part of TVK's planned extensive, 430 million euro petrochemical development project.
  • 05/13/2002 -- Sunoco to close La Porte, Tex., polypropylene line
    Philadelphia-based Sunoco Inc., said it will permanently shut down a 200 million lb/year polypropylene line at its Sunoco Chemical La Porte, Tex., plant during the third quarter. Two other lines at the plant will continue to produce 800,000 million lb/year.
  • 05/13/2002 -- Praxair expands Texas hydrogen pipeline capacity
    Praxair Inc. and Valero Logistics Operations LP have exchanged certain Texas Gulf Coast pipeline assets of different capacities to enhance both of their hydrogen systems. The action doubles Praxair's Houston-Texas City, Tex., hydrogen pipeline capacity in response to increased hydrogen demand.
  • 05/14/2002 -- Freedonia Group: US fuel additives demand to grow 4.8%/year during 2001-06
    US fuel additives demand is expected to grow 4.8%/year during 2001-06 to $12.6 billion in 2006, said Freedonia Group Inc., a Cleveland market research firm, in a new study.
Related Articles

USGS estimates Cherokee Platform Province oil, gas, NGL reserves

09/02/2015 The Cherokee Platform Province in Kansas, Oklahoma, and Missouri contains estimated recoverable reserves totaling 463 million bbl of crude oil, 11....

Appeals court rules for environmental groups in Montana lawsuit

09/02/2015 A federal appeals court ruled that three environmental groups may have standing in a lawsuit to block oil and gas leasing on federal land in Montan...

MARKET WATCH: NYMEX crude oil prices plummet by nearly $4/bbl

09/02/2015 The price for light, sweet crude oil for October delivery plummeted by $3.79/bbl on Sept. 1, abruptly ending a late-August rally that marked the la...

Armour buys Roma oil, gas assets from Origin Energy

09/02/2015 Armour Energy Ltd., Brisbane, has acquired oil, gas, and condensate assets on the Roma shelf region in southeast Queensland from Sydney company Ori...

CHS takes full ownership of Kansas refinery

09/02/2015 US farmer-owned cooperative CHS Inc., Inver Grove Heights, Minn., has completed its purchase of National Cooperative Refinery Association’s refiner...

EIA: Benefits of lifting US crude export ban most evident if output rises

09/02/2015 A study released Sept. 1 by the US Energy Information Administration was apparent cause for celebration for several oil and gas industry groups, wh...

GeoPark follows Chachalaca success with Jacana discovery

09/02/2015 GeoPark Ltd.’s Jacana 1 exploration well flowed 1,880 b/d of 14.9° gravity oil with a water cut of 1.9%, the company said. This discovery follows t...

PHMSA will award $54.1 million in pipeline safety grants to states

09/02/2015 The US Pipeline and Hazardous Materials Safety Administration plans to award nearly $54.1 million in grants to support pipeline safety programs in ...

India to open 69 marginal fields for bidding

09/02/2015

To stimulate investment and increase production, India plans to open 69 oil fields for competitive bidding.

White Papers

UAS Integration for Infrastructure: More than Just Flying

Oil and gas companies recognize the benefits that the use of drones or unmanned aerial systems (UAS) c...

Solutions to Financial Distress Resulting from a Weak Oil and Gas Price Environment

The oil and gas industry is in the midst of a prolonged worldwide downturn in commodity prices. While ...
Sponsored by

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by
Available Webcasts

On Demand

Global Petroleum Industry Midyear Forecast

Thu, Jul 15, 2010

This webcast, presented by OGJ Editor Bob Tippee, will summarize the Midyear Forecast projections in key categories.

register:WEBCAST


Global Petroleum Industry Midyear Forecast

Thu, Jul 15, 2010

This webcast, presented by OGJ Editor Bob Tippee, will summarize the Midyear Forecast projections in key categories.

register:WEBCAST


Unconventional Analysis in Unconventional Plays: Optimized Formation Evaluation

Tue, Apr 13, 2010

The challenges associated with developing unconventional resources are driving the industry to implement more efficient work flows and more cost effective formation evaluation solutions, forcing optimization at every step. Join us at AAPG or via webcast to learn how applying a comprehensive, yet fit-for-purpose evaluation approach throughout the development life cycle has helped operators maximize value and optimize production.

register:WEBCAST


On Demand: Four Ways Project and Portfolio Management Can Drive Turnaround Efficiencies in the Oil & Gas Industry

Thu, Apr 1, 2010

Learn how project portfolio management solutions can improve turnaround programs.

register:WEBCAST


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