A net 6.6 million tonnes/year (tpy) world wide ethylene production capacity came on stream in 2000, more incremental capacity than any other year in history.
Syncrude Canada Ltd. is investing in various bitumen-upgrading research and development (R&D) programs to expand its market share and meet challenges related to bitumen upgrading.
Canadian gas-plant tests of a new design for in-line gas pipeline liquid separators ("drips") have shown that efficiency of free liquid separation in a pipeline can be increased by a factor of close to ten.
Unscrupulous East African fuel traders who have illegally dumped tax-free fuel back onto the Kenyan market for years are rethinking their business strategies.
The onset of online data management services, application toolsets, and marketplaces is creating an entity that can aptly be called the "accelerated oil company," having capabilities only dreamed about in the past.
The online property market, which began as a natural extension of the offline auction rooms, has concentrated on listing assets and the data needed to evaluate their worth.
In recent weeks, two state-owned oil companies-Norway's Statoil AS and Uzbekistan's Uzbekneftegaz-have taken further moves toward their respective privatizations.
Recent reports that the Portuguese government plans to open virgin tranches of deepwater acreage on the country's outer continental shelf to exploration license bidding next year-drilling could begin in 2004-will doubtless brighten the picture of otherwise low prospectivity being painted for Offshore Southern Europe.
