Industry Briefs

02/28/2000
CorrectionThe timescale shown in Fig. 1 in the article on renewable energy in OGJ's special issue, Petroleum in the 21st Century, should extend from 1990 to 2025 in 5-year increments. An artist's error shows each year in the timescale as 1990 (OGJ, Dec. 13, 1999, p. 128).FuturesMembers of London'sInternational Petroleum Exchange (IPE) voted unanimously to demutualize the exchange and convert it to a commercial company. The decision follows failed bids by IPE's board to convert the exchange into a for-profit venture (OGJ, Aug. 9, 1999, p. 26). Shares in the new company, IPE Holdings PLC, will be allocated to its members proportionately to the number and type of seats they o...
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