Despite a dramatic and surprisingly sustained run-up in world energy prices, operating companies' plans for petroleum (oil, condensate, and NGL) and natural gas pipeline installation during 2000 reflect almost no change from those announced a year ago for 1999 (OGJ, Feb. 8, 1999, p. 36).
China National Petroleum Corp. and an Iranian oil delegation were expected to start negotiations late last month on the joint financing and construction of a crude pipeline in Iran.
The $1 billion Yadana natural gas pipeline, one of the most controversial energy projects in the world, is expected to go on stream by the end of first quarter 2000.
This year, Pennaco Energy Inc. expects to increase its already aggressive drilling program in the Powder River basin coalbed methane play, which some analysts describe as the hottest onshore gas play in the US.
Yukos and Schlumberger announced the results of the first year of a technical alliance under which Yukos is outsourcing a significant part of its oil field operations in western Siberia's Prirazlomnoye and Priobskoye oil fields.
Halliburton Co. is close to finalizing a $2.5 billion contract that may be the biggest ever awarded to a single contractor for engineering, procurement, installation, and construction of an offshore project.
The Clinton administration is considering a plan to release millions of barrels of oil from the US Strategic Petroleum Reserve, says Energy Sec. Bill Richardson.
China National Petroleum Co. (CNPC) opted for low-emission compressor packages for gas lifting oil in the Lunnan field in the remote Tarim basin of Western China.
A method has been developed that identifies critical parameters for reeling coated or insulated line pipe and thereby avoid local buckling at tie in welds.
As a part of the process to open the Pacific and Caribbean margins of Nicaragua for licensing, Instituto Nicaraguense de Energia (INE) has compiled and re-evaluated Nicaragua's petroleum data base, which was acquired during different exploration periods since 1930.
Experienced international explorationists may be familiar with the important sources of oil and gas, but they are often not familiar with the markets for these commodities.
In a move that will make it the second biggest US midstream operator, a unit of El Paso Energy Corp. is acquiring the Texas intrastate natural gas and NGL operations of PG&E Corp., San Francisco.
Mexico aims to boost natural gas output by 67% by 2010, up from 4.8 bcfd in 1999, to meet expected demand growth of 9%/year during the next decade, President Ernesto Zedillo announced during the presentation of Mexico's Year-2000 energy program.
Brazil's Rio Polimeros SA let contract to ABB Lummus Global, Bloomfield, NJ, and Italy's Snamprogetti SPA for construction of a grassroots olefins complex at Duque de Caixas, Rio de Janeiro.
The US Federal Trade Commission's attempt to halt the $26.8 billion merger of BP Amoco and ARCO is shaping up as the biggest oil antitrust legal battle since the government broke up Standard Oil nearly a century ago.
