-- Costs rise despite economic slowdown, analysts say Despite the global recession, costs of constructing upstream facilities have reached a record high, as have those for designing and constructing refining and petrochemical projects, according to IHS and CERA.
-- Falcon names management team Falcon Gas Storage Inc. has named a senior management team. Tore Nelson, James Goetz, and Vernon Williams will assume various senior management responsibilities with Falcon.
-- Dunlop settles US charges in alleged marine hose price conspiracy A British marine hose manufacturer agreed to plead guilty and pay $4.54 million in criminal fines for its part in a price-fixing conspiracy involving marine hose used to transfer oil between tankers and storage facilities, the US Department of Justice announced on Dec. 1.
-- Two congressional Republicans on the rise Lisa Murkowski (Alas.) is in line to be the Senate Energy and Natural Resources Committee's new ranking minority member. Darrell E. Issa (Calif.) will likely have the same job at the House Oversight and Government Reform Committee.
-- Obama may tap Browner for new advisory position President-elect Obama reportedly plans to name Carol Browner to fill a newly created advisory position that would coordinate policy on energy, the environment, and climate change, Democratic aides said.