Long-term, worldwide plans for oil and natural gas pipelines jumped over the past year in evidence that operators may be responding to anticipated production increases which are in turn a response to unexpectedly strong prices since mid- 1999.
A Japanese operator has made the first discovery in solely Indonesian waters of the western Arafura Sea east of the Zone of Cooperation in an area where the government plans to tender more blocks this year.
High oil prices last year pulled France's E&D scene out of its doldrums. Exploration investments that had not ceased decreasing since 1995 grew 55% to 85 million francs while development expenditure rose 59% to 457 million francs.
Coastal Petroleum Co., Apalachicola, Fla., sued Florida for the value of a state lease the company holds in the Gulf of Mexico, saying that by denying it a drilling permit the state is taking its property without compensation.
Experiments show that ensuring oil and gas production under certain pressures and temperatures requires a thorough understanding of the effects of inhibitors on gas hydrate formation and dissociation.
Depending upon market demand, any of the three dominant resid-conversion processes-coking, resid fluid catalytic cracking (RFCC), or hydrocracking-can be a profitable option for using refinery resids.
After President George W. Bush's cabinet appointees are confirmed, the Senate Committee on Commerce, Science, and Transportation will likely schedule more hearings on pipeline safety legislation, a committee aide has told OGJ.
Brush-beaters for the climate change issue have shrugged off their November setback in The Hague and resumed their hunt for planetary central planning.
The appointment of UK Foreign and Commonwealth Office Minister of State Peter Hain to the post of Minister for Energy on Jan. 24-part of the Labour government's emergency cabinet reshuffle prompted by the resignation of Northern Ireland Sec. Peter Mandelson-brings a character in every likelihood very different from Helen Liddell into the Department of Trade & Industry to handle oil and gas issues.
The initial trickle of US and Canadian oil and gas companies' fourth quarter and yearend 2000 earnings shows an industry well on its way to bolstering its financial strength.
