General Interest 2003 P

10/17/2003 -- ChevronTexaco to pay $3.5 million fine on 4-state refinery clean air compliance
The US Department of Justice, the US Environmental Protection Agency, and the US Attorney, San Francisco Thursday announced a clean air settlement with ChevronTexaco Corp.'s refinery unit Chevron USA Inc.
10/16/2003 -- Repsol-YPF offers $2.4 billion in Mexico's first MSC bid
Repsol-YPF SA has bid over $2.4 billion to be the first foreign oil and gas company to explore for and develop hydrocarbons in Mexico since nationalization in 1938.
10/16/2003 -- MARKET WATCH
NYMEX energy prices sag as traders await new indicators
Energy futures prices declined Wednesday on the New York Mercantile Exchange as traders awaited reports of the latest movements in US inventories of crude, petroleum products, and natural gas.
10/16/2003 -- How to fix oil industry 'brain drain': Change the industry, not the image
The oil industry discourages young professionals from making it their careers. Reasons include lack of opportunity to advance, frequent layoffs, and the inability to work in challenging jobs.
10/16/2003 -- US House votes to oppose OCS inventory
The US House Wednesday sent a strong signal to the White House and congressional leaders when it voted 229-182 to oppose a pending energy bill proposal to conduct an inventory of oil and gas resources on the Outer Continental Shelf, including areas now off-limits from drilling because of administrative and congressional moratoriums.
10/15/2003 -- Industry skeptical about House Republicans state gas drilling draft
A US House Republican plan giving states more authority over some offshore oil and natural gas drilling while lifting existing federal moratoriums faces an uphill political battle, an industry group said Wednesday.
10/15/2003 -- Opposition to Pacific LNG project threatens to bring down Bolivia's president
Popular opposition to Bolivia's plans to export LNG threatens to oust that country's government.
10/15/2003 -- MARKET WATCH
Energy futures prices mixed in volatile market
Energy futures prices were mixed in volatile trade Tuesday, with oil and natural gas continuing to decline and petroleum products rebounding on the New York Mercantile Exchange.
10/14/2003 -- Merrill Lynch analysts positive on US integrated companies' earnings
Merrill Lynch Global Securities Research & Economics Group increased its third quarter and 2003 earnings per share estimates for US-based integrated oil companies as a result of commodity prices and downstream margins.
10/14/2003 -- Analysts foresee good US drilling returns despite rising F&D costs
The current US exploration and production operating environment offers good returns for new drilling activity despite rising finding and development costs, said Raymond James & Associates Inc. (RJA).
10/14/2003 -- MARKET WATCH
Energy futures prices dip in profit taking
Energy futures prices generally dipped Monday as traders cashed in their gains from the strong rally last week.
10/14/2003 -- SEG's Duncan: Technology key to geophysical industry's recovery
SEG Pres.Peter M. Duncan To escape "a double whammy" of low-cost competition and a data glut now plaguing it, the geophysical industry must develop technologies that improve returns on money spent on exploration.
10/14/2003 -- Total files arbitration against SCH regarding Cepsa
Total SA filed an arbitration against Banco Santander Central Hispano (SCH) Monday with the Netherlands Arbitration Institute in The Hague concerning the companies' disagreement on joint holdings in Spanish oil group Cepsa.
10/13/2003 -- MARKET WATCH
Speculation on a cold winter pushes up energy prices
Energy futures continued to soar Friday in an on-going scramble by large commodity-fund speculators to reverse earlier bets that prices for crude and heating oil would fall this winter.
10/10/2003 -- Akin Gump: Russian corporate advancements hinge on Putin, public opinion
Two elements are necessary to "make big changes" and ensure Russia's long-term successful dealings with Western companies—the conditioning of the Russian people to it and a second term of office for Russian President Vladimir Putin. Both these factors are critical, said James Langdon Jr., partner in the legal firm Akin Gump Strauss Hauer & Feld LLP.
10/10/2003 -- INGAA elects Harold N. Kvisle as chairman
The Interstate Natural Gas Association of America (INGAA) board has TransCanada Corp. Pres. and CEO Harold N. Kvisle as INGAA's 2004 chairman.
10/10/2003 -- MARKET WATCH
Low US fuel oil stocks send energy prices soaring
Energy futures prices soared Thursday as cooler weather reminded traders that US inventories of distillate fuel remain 18% below year-ago levels just a few weeks prior to the start of the peak winter demand period.
10/09/2003 -- Duke Energy names Paul M. Anderson chairman and CEO
Duke Energy Corp., Charlotte, NC, announced that it has appointed Paul M. Anderson as chairman and CEO, effective Nov. 1.
10/09/2003 -- MARKET WATCH
Nigerian oil workers call off proposed strike
World oil markets apparently dodged a bullet as Nigerian labor unions decided late Wednesday to cancel a 2-week general strike, slated to begin Thursday, that would have disrupted oil exports from that country.
10/09/2003 -- AOG: Argentine upstream investment stalled over gas price, tax woes
Oil and gas industry executives in Argentina have warned of a shortfall in the country's natural gas supply-demand balance if wellhead prices don't recover soon.

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