Large US independent petroleum firms emerging as viable competitors to majors
A group of the 10 biggest independent US petroleum companies has emerged as viable competitors to the world's major oil and natural gas firms.
CERA: Geopolitics, doubt loom over future oil markets
Continuing political tension in the Middle East as well as uncertainty surrounding the world's oil supplies will create an unsure path for global oil markets in the coming year and beyond, according to the recently released Global Oil Trends 2003, a study conducted by Cambridge Energy Research Associates in collaboration with Accenture and Sun Microsystems.
CERA:Global oil price likely to fall; N. American gas supplies to tighten
The global oil industry is correct to fear a price drop from current levels and is wise to expect continued volatility during 2003 and beyond, according to Ann-Louise Hittle, Cambridge Energy Research Associates senior director, upstream oil.
LNG imports to be key source of future US gas supplies
Imports of LNG will play an increasingly important role in meeting US demand for natural gas, said several speakers at the energy conference Feb. 11-14 sponsored in Houston by Cambridge Energy Research Associates.
CERA: Oil, gas firm spending slowed by market volatility
In spite of current high oil and natural gas prices, oil and gas companies are expecting a period of high market volatility and therefore are keeping a close watch on future spending in the coming year, according to a new study, "Harnessing the Storm," presented at a Feb. 11 panel during Cambridge Energy Research Associates' annual week-long energy conference in Houston.
CERA: Social performance vital to industry's success
The energy industry has "a responsibility to lead as well as to serve" through "better social performance," said Walter van de Vijver, managing director of the Royal Dutch/Shell Group and CEO of Shell Exploration & Production, at the Cambridge Energy Research Associates' annual energy conference in Houston earlier this month.
France's gas market limits competition, commission says
The French gas industry's "relatively rigid" supply system does not readily lend itself to competition, according to France's Energy Regulatory Commission (ERC), which now regulates both the country's electricity and gas market since Parliament officially opened France's gas market early last month.
Watching Government: Energy budgeting
After a 4-month delay, Congress this month finalized spending levels for the 2003 fiscal year that ends Sept. 30. The $397 billion measure funds most government agencies, including energy-related programs within the departments of Interior and Energy. President George W. Bush is expected to sign the bill into law.
Point of View: Burns: Domestic production cornerstone of US energy policy
The new deputy majority whip of the US Senate, Conrad Burns (R-Mont.), is a familiar advocate for US oil and gas producers, particularly independents seeking relaxed restrictions to hydrocarbon-prospective public lands.