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Table of Contents

Oil & Gas Journal

10/11/1999
Volume 97, Issue 41
ogj_1011
  • In This Issue

    • Drilling

    • Gas Processing

      • Caribbean gas plant doubles capacities at cost savings
        The recently completed $155-million expansion at Phoenix Park Gas Processors Ltd.'s Point Lisas, Trinidad, plant has nearly doubled inlet capacity and more than doubled capacities to produce, store, and export NGL (OGJ, Apr. 26, 1999, p. 30).
      • Shell unveils gas biodesulfurization process
        Shell International Oil Products is looking to convince gas processors that a new bacteria-based sulfur removal process is as reliable as conventional methods.
    • Editorial

      • The environmental record
        Oil and gas companies have said it. Industry trade groups have said it. The record supports them.
    • General Interest

      • Watching the World
        Fuel expectations
        Leaded gasoline will no longer be on sale in European Union countries beginning Jan. 1, 2000, as Brussels continues to tighten legislation in pursuit of cleaner air in big cities.
      • Tanker owners fearful of Y2K liability
        The International Association of Independent Tanker Owners (Intertanko) warned members to offer no guarantees when insuring their operations against Year 2000 software problems.
      • BTU convergence deals top latest M&A action
        Merger and acquisition action continues to gather momentum among energy companies worldwide.
      • Watching Government
        Change in Brazil
        The Brazilian government is breathing new life into the nation's energy industry.
      • DOE to fund 10 new E&P research projects
        Bill Richardson, US Secretary of Energy, has announced 10 new demonstration projects for helping US independent producers acquire new tools for recovering oil that might otherwise be left in the ground.
      • GEI Index tracks investments in select countries
        Industry and government leaders, energy buyers and sellers, investors, and consultants have a new measure by which to check progress and monitor changes in energy investability among countries over a relatively short time.
      • INDUSTRY BRIEFS
        National Petroleum Refiners (Pty.) Ltd. (NATREF) is not a state refining company, as incorrectly reported in the first paragraph of an article about its planned Sasolburg refinery upgrade (OGJ, Aug. 30, 1999, p. 48). NATREF shareholders are Sasol Ltd. and Total South Africa (Pty.) Ltd., as stated in the article's fifth paragraph.
      • First-half US oil, gas asset sales a record
        Sales of US oil and gas properties during second quarter 1999 reached $28.2 billion with 148 transactions, bringing the first-half total to a record $43.2 billion, according to Randall and Dewey Inc., Houston. That's the key finding from a recent review of selected global merger, acquisition, and divestment (MA and D) activity, based on transactions announced in first-half 1999 (Fig. 1).
      • Outlook improving for South Korean refining, petrochemical firms in wake of restructuring
        LG-Caltex Oil Corp.'s 600,000 b/d refinery at Yocheon is one of the world's largest and represents a ten-fold increase in the joint venture's refining capacity since it started up 30 years ago.
    • Production

      • Nigerian independents push E&P projects
        Six of Nigeria's indigenous oil companies plan to begin exploration and production operations by yearend in projects assisted by foreign partners.
      • Aasgard B hull arrives in Stavanger
        The steel hull of the semisubmersible Aasgard B floating production unit arrived in Stavangar, on Aug. 31, 1999, aboard Dockwise NV's Mighty Servant 3 heavy transport vessel. The hull's 6-week voyage from Daewoo Heavy Industries' Okpo, South Korea, yard included passage through the Suez Canal.
    • Refining

      • Koch refinery hit with fines
        The US Department of Justice said Koch Industries Inc. has agreed to plead guilty to environmental charges in Minnesota federal court and pay $8 million in fines.
    • Pipeline

      • Nigeria okays West African Gas Pipeline
        Nigerian National Petroleum Corp., Royal Dutch/Shell, and Chevron Corp. signed a $20 million joint venture agreement in late September to join in construction of the West African Gas Pipeline.
      • US-Mexico interconnect commissioned
        A new natural gas pipeline interconnect, linking Mexico's pipeline system with the US network of Tennessee Gas Pipeline Co., was inaugurated on Sept. 27 in Reynosa, Tamaulipas, along Mexico's border with Texas.
    • Australian retail market reform stalls
      The Australian government has withdrawn its proposed downstream petroleum industry deregulation plan, following the failure of the Motor Trades Association of Australia (MTAA) to accept a key element in the package.
    • Exploration

  • Regular Features

    • OGJ Newsletter

      • OGJ Newsletter
        The elation that followed the September OPEC meeting-a result of OPEC's assurances that oil markets would not soon be laden with excess supplies-was short-lived.
    • Journally Speaking

      • 20 questions
        And unlike the general public, our understanding of the oil industry goes a lot deeper than naming the three fuel grades that are available at the gasoline pump. Or does it?
    • Letters

      • Oil demand
        Oil is the fuel of choice, in part, because the alternatives are unacceptable.
      • Industry heroes
        The wonderful article on "Unlikely heroes in war-torn England" by Drilling Editor Dean E. Gaddy told the neatest story any industry has ever performed (OGJ, Sept. 20, 1999, p. 19).
    • Services/Suppliers

      • MOVES AND PROMOTIONS
        The Petroleum Equipment Suppliers Association has announced that due to changes within the Association's Executive Committee, Peter D. Kinnear (FMC Corp.) has moved up to the position of chairman for the 1999-2000 term.
  • Products

    • Equipment/Software/Literature
      This new three channel portable battery operated field recorder is designed for a variety of data-acquisition applications in exploration.
  • Special Report

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