Argentina's upstream coming out of its long holding pattern
Argentina's upstream sector is finally coming out of a lengthy holding pattern.
El Paso Energy to purchase Coastal Corp. for $16 billion
El Paso Energy Corp. is acquiring Coastal Corp. for $16 billion, expanding what is already the largest gas pipeline network in the US.
Oil firms seek more value through mergers, outsourcing
Oil companies are fighting to increase profitability in an industry characterized by massive consolidations, environmental pressures, and "price whiplash," says Williams Marko, a principal at Navigant Consulting, Houston.
Indonesia to restructure state oil firm
Indonesian President Abdurrahman Wahid has installed a new board of commissioners to oversee the restructuring of state oil company Pertamina and is seeking a new president and board of directors for the company.
Santa Fe Snyder sues Conoco over agreement
Santa Fe Snyder Corp. has filed suit against Conoco Inc. alleging that Conoco breached an agreement to share the market for natural gas supplies to be transported to Singapore from Indonesia through planned subsea pipelines.
None of the leading US presidential candidates seems too concerned about energy development and taxation issues.
An expansion of the Tarong power plant in Queensland, Australia, was incorrectly described as being natural gas-fired (OGJ, Jan. 3, 2000, Newsletter).