I incorporate a lot of ethics discussion in the finance classes I teach. In particular, the last assignment my finance graduate students have before completing the masters program is a lengthy paper that focuses on governance at a public company of their choosing.
Before it tightens standards for ozone pollution, perhaps unnecessarily, the US government should fix programs that make current standards difficult to meet.
Natural gas futures prices temporarily strengthened Sept. 4-5 on news that Chesapeake Energy Corp. of Oklahoma City, the largest independent gas producer in the US, is reducing its gross production by 200 MMcfd through a combination of production curtailments and deferred pipeline hook-ups for the rest of 2007 due to poor market conditions.
Oil & Gas Journal’s survey of the 100 leading oil and gas producers based outside the US shows year-on-year earnings increases for most, while national oil companies again dominate lists of oil production and reserves leaders for 2006.
Recent developments have created uncertainties for proposed natural gas transmission systems from Canada’s Mackenzie River Delta and Alaska’s North Slope to markets farther south, said Canadian and US government officials.
Although major oil spills do not occur frequently, the federal oil spill liability trust fund should be increased to cover higher cleanup costs, the US Government Accountability Office said in a Sept. 7 report.
US Federal Trade Commission Chairwoman Deborah Platt Majoras has questioned proposed cures for so-called “hot fuels” distortions alleged by some US House Democrats, saying the proposed “solution” may be worse than the problem, said Rep. Darrell E. Issa (R-Calif.) in releasing a letter from Majoras.
Kazakh Energy and Mineral Resources Minister Sauat Mynbayev, reiterating earlier government claims, told Eni SPA Chief Executive Paolo Scaroni Sept. 11 that economic damage caused by the delay in production at the giant Kashagan oil field was unacceptable.
When the International Finance Corp. financed its first coalbed methane project in China in late August, the venture involved much more than simply producing CBM instead of coal.
Cuba is producing nearly 50% of the oil and gas it consumes, according to Carlos Lage Davila, a member of the country’s Politburo and secretary of the Council of Ministers’ Executive Committee.
During 2006-08 the Republic of Cyprus will have completed its first hydrocarbon prospectivity assessment off its coast to promote exploration, launched two licensing rounds, and granted exploration licenses for the first.
ConocoPhillips has agreed to spend $10 million to offset greenhouse gases (GHG) that would be created by a proposed expansion of its northern California refinery, said California Atty. Gen. Jerry Brown on Sept. 12.
The Western Australian government has given final environmental approval for Chevron Australia-operated Gorgon LNG project proposed for Barrow Island off Western Australia.
The leaders of Asia-Pacific countries last week agreed to set an “aspirational goal” of improving the energy efficiency of economic output by at least 25% by 2030 from the 2005 level.
Several thousand wells in Kansas have been drilled into the Precambrian basement, which usually signals the depth limit of drilling for oil and gas prospecting.
The original acid-gas injection project near DCP Midstream’s Artesia, NM, gas plant started up in November 2003 and consisted of drilling an injection well and installing an acid-gas injection compressor.
