Editorial - Diesel supply warning
Anyone complacent about supply of ultralow-sulfur diesel fuel, requirements for which begin in mid-2006, should read the National Petroleum Council's report to the US energy secretary on refining issues.
Gas prices spur drilling in Sacramento Valley
Strong natural gas prices have sparked an upswing in natural gas drilling in northern California's Sacramento Valley.
Drilling surge bolsters Californian gas supply
Increased drilling in the Sacramento Valley helps California take care of its natural gas needs.
MMS forecasts higher Gulf of Mexico oil, gas output
Production incentives could help push Gulf of Mexico oil production to 2.5 million b/d by 2011—with almost 80% coming from deepwater wells—from the current 1.5 million b/d, US Department of the Interior and Minerals Management Service officials said Nov. 15.
NPC confident on gasoline supply; concerned on diesel
US refiners should be able to make the mandated transition to lower-sulfur gasoline and heating oil by mid-2006 without significant problems, the National Petroleum Council's Committee on Refining and Inventory said.
Integrity questions spur action on reserves accounting
Unprecedented reserves writedowns in 2004 have brought unwelcome attention to the oil and gas industry, leading to questions about the integrity of its participants, said Ron Harrell, chairman and CEO of Ryder Scott Co. LP, at a Nov. 18 meeting in Houston.
IEA issues 'cross-country overview' of energy policies
The International Energy Agency has made its first attempt to identify energy-policy challenges common to the 26 member countries.
Company News: DONG to buy stake in Ormen Lange gas-condensate field
Dansk Olie & Naturagas AS (DONG) plans to acquire BP PLC's 10.34% stake in Ormen Lange gas and condensate field on the Norwegian continental shelf for $1.2 billion.
Shell adopting International Financial Reporting Standards
Royal Dutch/Shell Group announced plans to adopt International Financial Reporting Standards (IFRS), effective Jan. 1, 2005.
Personnel Moves & Promotions - Sonatrach appoints new vice-president
Abdelhafid Feghouli has been appointed vice-president of Algerian state oil and gas company Sonatrach, in charge of downstream activities.