Editorial: Houston and oil politics
Demographic trends of the US oil and gas industry point to a political future even more difficult than the present. And the present is difficult enough.
NPR-A leasing a model of responsibility
On May 16, a task force established by the administration of US President George W. Bush issued a report on national energy policy, complete with extensive recommendations designed to help bring together business, government, local communities, and citizens to promote dependable, affordable, and environmentally sound energy for the future. Among the many recommendations, the report recommends additional oil and gas development in Alaska.
OPEC tables action until July 3 over Iraqi export halt
The Organization of Petroleum Exporting Countries delayed making any production changes during its June 5 meeting in Vienna, saying it will reassess crude inventories and market prices during a July 3 emergency meeting.
Price expectations bolstered in Madison poll forecast
The US petroleum industry's expectations for oil and natural gas prices in the near and mid-term have been slightly bolstered since the end of last year.
Watching Government: Feast or famine
Wyoming has an embarrassment of mineral riches. Within its borders are plentiful deposits of oil, gas, and coal. But the sparsely populated state is suffering from higher energy bills like the rest of the US.
COMPANY NEWS: Canadian units tout another flurry of M&A transactions
In recent weeks, the Canadian units of several oil and gas companies have an- nounced merger and acquisition deals, strategic asset purchases, and the formation of joint venture partnerships.
PERSONNEL MOVES AND PROMOTIONS: Plains Resources appoints new CEO, top executives
Plains Resources Inc., Houston, has named James C. Flores to the position of chairman and CEO of the company.
Watching the World: UK oil business looks both ways
On May 31, the UK government-industry Pilot task force spearheading initiatives to help sustain the country's offshore oil and gas industry rolled out the next fields for prospective development under Logic, its "satellite accelerator" scheme: the North Sea Don (Northeast, Southwest, South) and Don West fields.
DOE suggests topics for National Petroleum Council studies
The US Department of Energy wants more industry advice on how the White House can best implement energy policy changes proposed last month.
Canada urged to invest $100 million to support Arctic development
A Canadian federal committee has recommended that the country invest at least $100 million (Can.) in seed money to support resource development in the Arctic