Deepwater GOM new focus of BP growth strategy
The deepwater Gulf of Mexico will serve as the "central element" of BP PLC's growth strategy in the medium and long term, according to BP Chief Executive John Browne.
Industry calls on Senate to support NSR changes
Oil companies and electric utilities are urging the US Senate not to challenge an effort by the US Environmental Protection Agency to revise air pollution control guidelines for power plants and refineries.
Watching Government: Caspian finish line
Even a pessimist would concede that the US has won a major energy policy victory in Central Asia. After years of political wrangling, a consortium of eight oil companies will soon break ground on a 1,100 mile oil export pipeline from Azerbaijan and the Caspian region through Georgia to Ceyhan on the Turkish Mediterranean coast (OGJ Online, Aug. 14, 2002).
COMPANY NEWS: Williams evades potential bankruptcy through asset sales
Williams Cos. Inc. earlier this month announced a number of transactions designed to resolve some its liquidity problems.
PERSONNEL MOVES AND PROMOTIONS: Ashland's Chellgren to retire; O'Brien will take helm
James J. O'Brien, currently serving as senior vice-president and group operating officer of Ashland Inc., has been named president and chief operating officer of the Covington, Ky.-based company, effective immediately. On Nov. 15, O'Brien also will become chairman and CEO, succeeding Paul Chellgren, who will retire.