Editorial: The climate-change trap
The administration of US President George W. Bush stepped into a trap this month with its proposed alternative to the Kyoto protocol on climate change.
Earnings droop in 2001 for many US oil and gas firms
US oil and gas firms posted sharply lower financial results for the fourth quarter and full-year 2001.
Lower prices bring mixed results for Canadian companies
Lower oil and gas prices caused weaker year-on-year results for a sampling of Canadian producers, while earnings for other firms in Canada's petroleum industry fared much better during the fourth quarter.
Energy incentives tax bill passes Senate committee
A new bipartisan $14 billion US energy tax bill has passed the Senate Finance Committee. Lobbyists say it is unclear where the budget offsets will come to pay for the measure, which contains about $4 billion in credits and incentives for the oil and gas industry.
Watching Government: Open markets
As policy-makers look to avoid another Enron Corp. mess, the regulatory spotlight could turn toward improving energy market transparency.
Industry sees second half 2002 oil, gas markets rebound
Industry executives and analysts apparently are convinced that both international oil and US natural gas markets will rebound in the second half of this year.
Banks, reserves buyers concur on future oil, gas prices
For the second consecutive quarter, Houston energy banks and the active middle market of those companies acquiring reserves are in agreement on near and midterm expectations for oil and natural gas prices.
Watching the World: Deep in the forest
Hidden away in a clearing in the UK's Sherwood Forest, the home of the legendary Robin Hood and his merry men, is a striking memorial statue to a group of more real-if less famous-heroes: the US oilmen who served during World War II to develop Britain's onshore oil industry.