Stock values of publicly traded exploration and production companies on average kept pace with the securities market overall as perceptions of an "inevitable" US attack on Iraq pushed up oil prices through the week ended Aug. 2, said Robert Morris at Salomon Smith Barney Inc. in New York.
This California ZEV issue is not merely a matter of people being forced to buy what they do not want (OGJ, July 22, 2002, p. 76). The environmental groups have made it clear that ZEVs are needed and wanted and that technology exists for building them. Taking them at face value, American environmentalists are missing out on a bonanza and I cannot understand why.
It seems as though the US media are unveiling another example of corporate scandal almost daily. Although all these headlines probably become tiresome to executives working hard to run their companies honestly, the media ultimately help them by promoting free, fair, and open competition.
The US Congress has a tangle of proposals to unravel if it is to enact energy legislation before the current session ends. It has little time left in which to do it. Danger is great that haste and expediency will produce errors damaging to national economic and security interests.
Aberdeen, has appointed Iain Anderson as operations manager for BJ Com pletion Assembly Services. His responsibilities include managing the division's facilities in Aberdeen and Great Yarmouth, as well as driving expansion efforts throughout the UK and mainland Europe.
Projected strong growth in global natural gas demand, coupled with advances in LNG economics, is spawning a wave of LNG projects around the world. A number of top energy companies have carved out new business units to exploit such new LNG opportunities.
The Trinidad and Tobago government has mandated that construction of a fourth LNG train at the Atlantic LNG complex on Trinidad begin this month and for negotiations for supply contracts to begin on Trains 5 and 6, according to that country's prime minister, Patrick Manning.
Trinidad and Tobago's plan to use its energy sector as a vehicle for outside investments to build its economy from the grassroots level depends on sustainable development of its natural gas resources, said the official in charge of such planning at the state owned natural gas company.
Recent reports from Standard & Poor's indicate the US oil and gas supply is being threatened by the Bush administration's failure to counter the effects of plunging supplies and tensions in other producing nations. The US offshore oil and gas program is a case in point that exemplifies why the US needs to take a fresh look at how it is managing its own resources.
Recent deal activity between buyers and sellers of US oil and gas properties has been relatively low in both total transaction size and the number of packages being offered for sale, according to the latest OGJ Exchange pricing forecast poll for the second quarter.
The Republic of Armenia is situated in the Transcaucasus, with Georgia Republic to the north, Azerbaijan to the east, Iran to the south, and Turkey to the west. The territory covers 29,800 sq km (similar in size to the state of Maryland). The 3 million population is quite homogenous and comprises 96% ethnic Armenians.
Extensive compatibility tests determined the severity of the problem and developed preventive and remedial measures to deal with organic sludges that choked hydraulic fractures and the critical matrix in the producing reservoirs of the LL-652 oil field, in Venezuela.
In the next 10 years, the worldwide commodity petrochemicals industry will experience a larger fixed and variable production cost gap between the large, global petrochemical companies and smaller, regional players.