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Table of Contents

Oil & Gas Journal

07/12/1999
Volume 97, Issue 28
  • Special Report

  • Regular Features

    • OGJ Newsletter

      • OGJ Newsletter
        Scoreboard - Due to a holiday in the U.S., data for this week`s Industry Scoreboard are not available.
    • Journally Speaking

      • The fuel-choice party
        At the passing of each century, people become seduced by the new and different and turn scornful of the old and established.
    • Area Drilling

      • Area Drilling
        Vanco Energy Co., Houston, let a contract to Western Geophysical Inc. to acquire 2,000 line km of 2D seismic survey, effectively blanketing the 5,004 sq km Block CI-112 some 30 km off westernmost Ivory Coast. Water is 100-3,000 m deep.
  • In This Issue

    • Editorial

      • Managing a tricky balance
        The August contract price for light, sweet crude on the New York Mercantile Exchange exceeded $20/bbl at times last week. At midweek in London, dated Brent Blend sold for $18.50/bbl, Dubai crude for more than $17/bbl. Just a few months ago, these prices languished in the $10-12/bbl range.
    • General Interest

      • CAPP: Environmental role, better communications at top of agenda for Canadian petroleum producers
        The Canadian petroleum industry must satisfy growing public demand for more and better information on its aims, operations, and economic contributions, says Pierre Alvarez, president of the Canadian Association of Petroleum Producers (CAPP).
      • TotalFina makes $41.2 billion bid for Elf
        TotalFina SA launched a bid on July 5 to take over Elf Aquitaine SA that values its French rival at 42 billion euros ($41.2 billion).
      • Wisconsin Energy, Wicor agree to merge
        Wisconsin Energy Corp. and Wicor Inc. have signed a definitive merger agreement worth an estimated $1.5 billion.
      • Energy companies adjust to changing industry
        Energy companies are adjusting their business plans to respond to rapid and profound changes in the businesses in which they operate.
      • Oil industry at technological turning point
        The recent decline in oil prices has had a drastic effect on the oil and gas industry, and industry is restructuring itself accordingly. While making its way through this "strategic inflection point," industry also must continually evaluate what role information technology (IT) will play in the newly formed landscape.
      • Majors charge into E. European retail marketing
        Royal Dutch/Shell is leading a charge by western petroleum companies into the fuel retailing markets of central and eastern Europe.
      • Travelin' Man
        They say Energy Sec. Bill Richardson never met an airplane he didn't like.
      • Green benchmarking
        London-based environmental consultant Sustainability Ltd. is about to publish a report on how the petroleum industry reports on environmental and social issues.
      • BP Amoco orders greenhouse gas emissions audit
        BP Amoco plc sanctioned an independent audit of its greenhouse gas emissions as part of a bid to reduce emissions to 10% below 1990 levels by 2010.
      • IEA calls for renewables adoption rate boost
        The Renewable Energy Working Party of the International Energy Agency, Paris, has called for the energy industry to speed the rate of adoption of renewables.
      • API denies GAO study's claim of Y2K problems
        The American Petroleum Institute is challenging a U.S. General Accounting Office study that alleged the oil and gas industries are lagging in their Year 2000 computer problem readiness.
      • Industry Briefs
        DGN de La Laguna-Durango,a unit of Sempra Energy International, San Diego, was awarded a permit by Mexico`s Energy Regulatory Commission to distribute natural gas in the La Laguna-Durango region of north-central Mexico (OGJ, Apr. 19, 1999, p. 44). The area includes the cities of Torre?n, Coahuila, G?mez Palacio, Ciudad Lerdo, Victoria de Durango, and Durango. DGN will spend $34.4 million to install a 1,030-km gas distribution system to transport 38.5 MMcfd to a customer base that will gro
    • Drilling

      • Two firms sell California producing assets
        Two long-time California oil producers have divested key producing assets, resulting in the complete exit of one of the companies from offshore California production.
    • Exploration

    • Refining

      • Shell looking to cut costs, sell Malaysia refinery
        With Asian refining profits remaining weak because of still-depressed demand for oil products, Royal Dutch/Shell is looking to sell its 45,000 b/d refinery at Lutong, Malaysia, in order to cut costs.
      • Caltex eyes Indonesian privatization
        Caltex Corp., the Asian joint venture of Chevron Corp. and Texaco Inc., is interested in buying stakes in Indonesia's oil refineries to gain entry into the markets of the world's fourth most populated country.
    • Pipeline

    • Production

  • Products

    • Products

      A new patented catalyst loading system for fixed bed tubular reactors is designed to reduce the time spent loading catalysts to 3 days from 2 weeks (using a manual method). All the components are made of stainless steel to help prevent corrosion and increase machine life.

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