Table of Contents

Ethanol does little for energy, harms the environment, and reinforces an oligopoly in the US.

A diverse coalition of energy and environment stakeholders have agreed to support a US Environmental Protection Agency-sponsored initiative designed to reduce global urban air pollution, especially in developing countries.

A broad coalition of stakeholders pledged support for a variety of clean energy initiatives at a United Nations-sponsored summit on sustainable development in Johannesburg, South Africa, last week.

The concept of sustainable development was accorded the status of competitive differentiator for the oil and gas industry of the future at the 17th World Petroleum Congress in Rio de Janeiro last week.

Petroleo Brasileiro SA has targeted a major increase in oil and gas production and reserves from the deep and ultradeep waters of the Campos basin off Rio de Janeiro by the end of the decade.

Petroleo Brasileiro SA (Petrobras) has marked further progress in readying new floating production facilities for installation in the deepwater Campos basin off Brazil.

The world's increasing thirst for oil and gas received more attention at the Offshore Northern Seas Conference in Stavanger last week than the Kyoto Protocol on Climate Change and other themes of the nearly concurrent United Nations meeting on sustainable development in Johannesburg, South Africa (see related stories, this issue).

Conoco Inc., Houston, and Phillips Petroleum Co., Bartlesville, Okla., completed their $15 billion merger into the third largest US-based integrated oil firm Aug. 30 just hours after the Federal Trade Commission approved that move.

Over the last several years, the Ordovician Trenton-Black River has emerged as a significant reservoir in the Appalachian basin of New York and West Virginia. Because information on the reservoir has been limited and because of the relative newness of meaningful exploration success in this reservoir, the characteristics of this pay and the exploration models have only been indirectly discussed.

Canadian interests will make another try at evaluating deeper light oil potential beneath the vast Athabasca tar sands.

New mitigation measures ordered by the US Minerals Management Service, effective Aug. 22, to protect sperm whales from underwater noise damaging to them will raise the cost of seismic exploration in the Gulf of Mexico.

As part of an overall environmental strategy initiated 2 years ago to reduce its environmental "footprint" worldwide, Noble Corp., Houston, has targeted its diesel-powered drilling rigs for total environmental impact monitoring and emissions control.

Risk analysis for installations containing large amounts of flammable substances is important to ensure safety and to meet legal requirements.

Mechanical damage is a leading cause of significant failures in pipelines and the number one cause of pipeline incidents reportable to the US Department of Transportation. It accounts for at least one of every three pipe-related incidents in gas and liquid products pipelines.

Consolidation within the energy industry has again abbreviated the OGJ200 list of publicly traded US oil and gas producers. The list now comprises only 176 firms.

This edition of the OGJ100-Oil & Gas Journal's look at the top 100 oil and gas producing enterprises based outside the US-reveals that while output increased last year, profits were generally lower.

Allegro Development
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