Editorial: Latin American leadership
Leadership makes a difference. Between Latin America's two most important oil producers, the difference is stark.
New charter to govern international energy transit
The Energy Charter, an intergovernmental organization devoted to promoting East-West energy cooperation among its 51 European and Asian member states-including all the countries of the former Soviet Union (FSU)-is currently developing a new multilateral framework agreement, the Energy Charter Protocol on Transit, establishing new rules on energy transit issues under international law.
After Enron, firms 'more receptive' to ethics, lawyers say
The financial fall of Enron Corp. and resulting legal scandal hasn't changed how oil and gas company corporate attorneys operate, but it does emphasize the fundamental basics "of what we've been doing all along," said a panel of six energy attorneys last week in Houston.
California deadline on MTBE ban set for next month
Industry and government sources said Feb. 25 that California Gov. Gray Davis (D) is "likely" to delay a proposed ban on the fuel oxygenate methyl tertiary butyl ether based on the recent results of a study commissioned by the California Energy Commission.
Watching Government: Latin blues
A key part of the White House's energy strategy is to bolster ties with the US's own oil-rich neighbors, including Canada, Mexico, Venezuela, Colombia, Ecuador, and Argentina.
COMPANY NEWS: El Paso Energy to buy midstream assets from El Paso Corp.
El Paso Energy Partners LP-which is 28% owned by El Paso Corp. (EPC)-signed a letter of intent to acquire certain Texas midstream assets from EPC for $750 million, marking El Paso Energy's biggest acquisition to date.
PERSONNEL MOVES AND PROMOTIONS: Venezuela names Parra new PDVSA head
Venezuela's President Hugo Chavez has appointed economist and banker Gastón Luis Parra Luzardo president of state-owned Petroleos de Venezuela SA.