Table of Contents

Enron Corp.'s implosion and the wave of corporate scandals that has followed it in the past year have become the business world's financial equivalent of the 1989 Exxon Valdez tanker oil spill off Alaska.

Royal Dutch/Shell Group continues to press its campaign to support research on sustainability issues.

The first major overhaul in 2 de- cades of Canadian disclosure regulations for publicly traded oil and gas companies is now well under way.

The current crisis in corporate governance has involved only a small minority of companies, but it has damaged trust in the entire corporate world.

Much of the recent debate on how to strengthen corporate governance, amid the spate of recent accounting scandals and high-profile big business failures, has tilted the debate too much towards the short term—at the expense of a company's longer-term outlook, investment strategy, and, ultimately, its ability to deliver robust profitability in the years and decades to come.

An ethanol mandate, oil and gas production incentives, pipeline safety, and other important industry issues may have to be revisited next year as the fate of sweeping energy reform legislation grows increasingly uncertain.

The new director of the University of Tulsa's National Energy-Environment Law & Policy Institute (NELPI) takes the helm at a pivotal point in the history of world oil markets.

Canadian industry and provincial leaders want their federal government to reconsider the idea of slashing greenhouse gas emissions under the Kyoto Protocol on Climate Change.

In a move that may be indicative of the economic climate that oil services and supply companies will have to weather in the short to medium term, London-based seismic joint venture WesternGeco—owned through a 70:30 respective partnership of Schlumberger Ltd. and Baker Hughes Inc.—said that it would close down its land operations in the US Lower 48 and in Canada.

Donald F. Santa Jr., a former commissioner with the Federal Energy Regulatory Commission, will join the Interstate Natural Gas Association of America as an executive vice-president, the association said.

This is the fourth and concluding part of a series on Turkmenistan's oil and gas exploration, production, production sharing, and transportation prospects.

An evaluation found that when tuned, the Soave-Redlich-Kwong (SRK) and Peng-Robinson (PR) equations of state (EOS) can predict heavy oil densities and SARA fractions with only a smaller error.

A group of 10 oil and gas industry participants that includes operators, contractors, and a government agency have funded a joint-industry project (JIP) to investigate and reduce problems associated with jack-up drilling rig spudcan interactions with footprints in the seabed from prior rig installations.

An improvement to the Drizo gas-dehydration process has made the process far more stable and reliable than the earlier version. The latest enhancement has demonstrated a consistent low level of water content in the exit gas, with an energy efficiency of <0.7 required of solid-bed desiccant.

Despite significant proposed investments to develop Canada's heavy oil and bitumen reserves, production will continue to lag developments in Latin America.

American Petroleum Institute
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