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  • Volume 102, Issue 12
  • Volume 102, Issue 12

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    Companies

    Management plan reduces heavy-oil waste costs

    March 22, 2004
    A waste-management plan reduced the cost for handling drilling and production wastes for the Hamaca heavy-oil project in the Orinoco belt of Venezuela
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    Companies

    DRILLING MARKET FOCUS: Investment, plans signal active year for drilling

    March 22, 2004
    ealthy rig counts and utilization rates in most sectors, continued reinvestment in rig fleets and equipment, and substantial drilling plans by operators indicate a vigorous year...
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    Refining & Processing

    MTBE issues include question of all oxygenate mandates

    March 22, 2004
    In late November 2003, by a narrow margin, opponents of the Energy Policy Act of 2003 succeeded in delaying further consideration of the bill until early this year and in reducing...
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    Companies

    Global ethylene capacity growth slows to lowest level since mid-1980s

    March 22, 2004
    Net global ethylene capacity additions recorded a nearly 2-decade low in 2003 due to significant shutdowns. Last year saw only 1.34 million tonnes/year (tpy) of net additions,...
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    International survey of ethylene from steam crackers—2004

    March 22, 2004
    Click here to download a .pdf of the survey.

    More content from Volume 102, Issue 12

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    Companies

    PERSONNEL MOVES AND PROMOTIONS: Royal Dutch/Shell Chairman Philip Watts resigns

    March 22, 2004
    Royal Dutch/Shell Group Chairman Philip Watts has resigned, prompting a series of management changes in the continuing aftermath of the supermajor's negative reserves revision...
    Government

    Watching Government: Enron hangover

    March 22, 2004
    The Enron Corp. scandal continues to create regulatory hangovers for energy companies. But as painful as the process has been, there are signs that government reforms coupled ...
    Reserves

    CERI: Alberta oil sands industry outlook 'very robust'

    March 22, 2004
    Canada's oil sands industry in Alberta has a "very robust" future—given a reasonable outlook for oil prices and that it can overcome a number of challenges.
    Refining

    PDVSA to US: Expand refinery capacity; fortify trade ties

    March 22, 2004
    A top official with the state-run Petróleos de Venezuela SA urged US government and industry leaders to expand US refinery capacity.
    Government

    US Senate budget plan calls on DOE to suspend SPR fill

    March 22, 2004
    The US Senate late Mar. 11 approved a nonbinding budget blueprint that includes an amendment sponsored by Sens. Carl Levin (D-Mich.) and Susan Collins (R-Me.), which calls on ...
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    Companies

    Market Movement

    March 22, 2004
    Crude futures prices push record levelsThe next-month futures contract for benchmark US light, sweet crudes hit a 13-year high of $38.35/bbl on Mar. 17 before closing at $38.18...
    Companies

    Company News: TransCanada to buy Gas Transmission Northwest

    March 22, 2004
    TransCanada Corp., Calgary, plans to buy Gas Transmission Northwest Corp. (GTN) for $1.2 billion, plus $500 million of assumed debt, subject to approval from the US Bankruptcy...
    Companies

    Occidental CEO meets with Libyan officials

    March 22, 2004
    Occidental Petroleum Corp.'s Chairman and CEO Ray R. Irani met with Libyan leader Moammar al-Ghadafi and other officials in Libya last week to discuss the resumption of the company...
    Drilling & Production

    Editorial: Who's outsourcing jobs?

    March 22, 2004
    US politicians inclined to complain about the transfer of jobs to countries other than their own should check their voting records on oil and gas leasing of federal land. Complaints...
    Production Operations

    Good news, bad news

    March 22, 2004
    In the day-to-day job of covering news about the oil and natural gas industry, OGJ editors happen upon stacks of news tidbits that, although important in their own right, will...
    Production Operations

    Letters

    March 22, 2004
    Iraqi reservoir mismanagementFrom a reservoir management point of view, it is saddening to read Sam Fletcher's report (Feb. 16, 2004, p. 24) about what Mr. Issam Al-Chalabi, Iraq...
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    Pipelines & Transportation

    NOx-trading recoups emission-retrofit costs for compressor engines

    March 22, 2004
    Based on a presentation to 83rd GPA Convention, New Orleans, Mar. 14-17, 2004.
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    Government

    Equipment/Software/Literature

    March 22, 2004
    New line of autodarkening welding helmetsClick here to enlarge imageA new line of autodarkening Ultrashade welding helmets is on the market. Autodarkening helmets eliminate the...
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    Outrage displacing issues in US presidential race

    March 22, 2004
    The US presidential race threatens to become a nagging contest.
    Companies

    Area Drilling

    March 22, 2004
    KazakhstanTransmeridian Exploration Inc., Houston, said its SA-1 well in South Alibek field in the North Caspian basin of western Kazakhstan has produced 170,000 bbl of oil since...
    Production Operations

    Is OPEC miscalculating on demand?

    March 22, 2004
    Has the Organization of Petroleum Exporting Countries miscalculated? Some OPEC ministers have been hinting as much recently, suggesting that the group may have undershot estimates...
    Companies

    Advertisers Index

    March 22, 2004
    AAriel Corporationwww.arielcorp.comAtofina-CECAwww.siliporite.comBBaker PetroliteBarlow Lyde & Gilbertwww.aviva.com/businesstransferCCaprock Serviceswww.CapRock.comCOI/Central...
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    Companies

    Seismic weight drop quest leads to improved data, costs, footprint

    March 22, 2004
    Trials with weights dropped from helicopters in northern Canada have led instead to a highly controllable, ground based seismic impact source vehicle that compares favorably with...
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    Refining

    US refinery closures, stocks smack VLCC rates from Middle East

    March 22, 2004
    US refinery turnaround for spring maintenance will throw a larger than usual kink into crude oil imports, with throughputs declining toward 14 million b/d. Complicating that eventuality...