Editorial: Responding to emergency
By the premier standard of what government should do in crises of oil and gas supply, the US government has performed fairly well since Hurricane Katrina devastated the Gulf Coast Aug.
Earnings set records in second quarter of 2005
Growth in commodity prices propelled a sample of US oil and gas producers to healthy earnings gains in the second quarter and first half of 2005.
EIA sees high US energy costs this winter
Tight world oil markets coupled with the ravages of Hurricane Katrina have set the stage for a potentially expensive winter heating season, the Energy Information Administration said in its latest Short-Term Energy Outlook.
French official threatens ‘windfall profit’ tax
French Finance and Economy Minister Thierry Breton has threatened to initiate a windfall profits tax against oil majors Total SA, Esso, BP PLC, and Royal Dutch Shell PLC-all of which operate refineries in France-if they do not develop “concrete and tangible proposals” to “return to consumers a part of the exceptional profits corresponding to an exceptional situation amassed since the beginning of the year.
Montana governor campaigns for fuels from coal
Montana Gov. Brian Schweitzer is urging executives from oil companies and fuel technology companies to finance Fischer-Tropsch (FT) projects that would convert coal into gasoline and diesel.
Oil, gas production recovery mired by Katrina’s damage
The recovery of oil and natural gas production has been stalled from the Gulf of Mexico in the aftermath of Hurricane Katrina largely because of damage to pipelines and storage facilities, said some industry observers.
Second-quarter results mixed for Canadian companies
Although their first-half 2005 earnings declined, a sample of oil and gas firms based in Canada reported a collective increase in second-quarter earnings compared with the same 2004 period.
Watching Government: In Katrina’s aftermath
F or a change, a gasoline price spike looked politically easy-but only next to the evacuation of close to a million Gulf Coast residents following Hurricane Katrina’s visit.
Watching the World: South Pacific oil ambitions
O il and gas probably don’t figure in many romantic visions of the South Pacific.