US Senate approves resurrected 2002 energy bill
The US Senate confounded policy-watchers on July 31 when it suddenly discarded Republican energy reform legislation, resurrected the Democrats' 2002 version, and approved that measure by a decisive 84-14 vote.
Energy experts want EIA budget boost to improve data
More than 75 energy experts, including academics, industry executives, and economists, want US Sec. of Energy Spencer Abraham to support a budget boost for the Energy Information Administration, the Department of Energy's independent statistical arm.
Watching Government - Climate control
White House proposals on climate change and clean air will loom large this September when Congress returns to session.
EPA told to review California oxygenate waiver request
A San Francisco federal appeals court July 15 said the US Environmental Protection Agency must reconsider a request by California Gov. Gray Davis (D) and the California Air Resources Board to waive the oxygenate requirement in reformulated gasoline.
Point of View - Following record investments, Shell to 'maximize' value
Following its multibillion-dollar acquisition splurge last year, Royal Dutch/Shell Group plans to focus a majority of its strategic attention now on its newly purchased assets and to "maximize" their value.
CFTC announces settlements with EnCana, Williams
The US Commodity Futures Trading Commission (CFTC) announced $20 million in settlements with units of Calgary-based EnCana Corp. and Williams Cos. Inc., Tulsa, concerning accusations that their trading units sought to manipulate the US natural gas market by reporting false data to index publishers.
Company News: Anadarko cuts jobs, closes offices to trim $100 million
Anadarko Petroleum Corp. has slashed its annual overhead by $100 million, or 15%, by eliminating 400 staff and contract positions, closing offices in Amarillo and Midland, Tex., and focusing its spending "on finding and producing oil and natural gas."
Royalty income trusts dominate Canadian oil industry financings
Canadian oil industry treasury financings dropped 48% to $3.7 billion (Can.) during the first half of this year, compared with $7 billion during the first 6 months of 2002.
Personnel Moves and Promotions
Ashland announces senior vice-president, group operating officer