Editorial: The UN needs reform
The oil and gas industry should treat seriously the final report of the Independent Inquiry Committee (IIC) investigating the United Nations Oil-for-Food Program in Iraq.
Analysis: Katrina’s aftermath: chilly, blustery oil politics
In a matter of days, Hurricane Katrina made energy a political issue again.
Company News: CNPC unit offers $4.18 billion for PetroKazakhstan
A unit of China National Petroleum Corp. has offered $4.18 billion for PetroKazakhstan Inc., Calgary, and the boards of both companies have approved the offer.
Congress warned of limits to gasoline price relief
US gasoline markets already were tight when Hurricane Katrina devastated the Gulf Coast, and recovery from the storm’s damage will only moderately relieve the resulting price spike, government and industry leaders told two congressional committees.
EIA: Gulf oil, gas flow nearly normal by December
Oil and gas production and distribution from the hurricane-ravaged US Gulf Coast will return to nearly normal operation by December, predicts the US Energy Information Administration.
Iraqi oil-2: Future grounded in old INOC
Iraq’s oil future rests in the reestablishment of Iraq National Oil Co. (INOC), which was taken over by the country’s ministry of oil in the late 1980s.
Production, refining resumes slowly following Katrina
Oil and gas production ramped up in the Gulf of Mexico and some Gulf Coast refineries resumed operation last week in the wake of Hurricane Katrina.
Stipulations establishing NIOC
Law No. 11, which established Iraq National Oil Co., stipulated provisions defining the company’s rights and responsibilities
Watching the World: Ecuador’s oil squeeze
Oil companies are having a rough time in Ecuador, whether from the government or the local citizenry.