Volume 103, Issue 45

US petchem production falls in third quarter

Dec. 5, 2005

Production of petrochemicals in the US fell to 46.2 billion lb in third-quarter 2005, according to a survey from the National Petrochemical & Refiners Association.

LNG

European conference ponders deregulated gas market

Dec. 5, 2005

As unseasonably early and savage winter storms approached the UK last month, uncertainty of supply and high prices for winter fuels were chief concerns of Europe’s natural gas...

Exploration & Development

Bill to open OCS to gas leasing draws support

Dec. 5, 2005

Five representatives of business and social service organizations have expressed support for opening more of the US Outer Continental Shelf to natural gas leasing.

Pipelines & Transportation

Watching the World: Total settles with Sherpa

Dec. 5, 2005

Total SA has reached an agreement with the French Sherpa Association for an end to legal proceedings begun in 2002 on behalf of eight nationals of Myanmar.

Government

Watching Government: Budget confab key to ANWAR

Dec. 5, 2005

As the 109th Congress comes back from its Thanksgiving break, it confronts a bigger than usual serving of leftovers, a handful of which involves oil and gas.

Companies

OGJ Newsletter

Dec. 5, 2005

Indonesian President Susilo Bambang Yudhoyono has ordered state oil company PT Pertamina to jointly operate the Cepu Block with ExxonMobil Corp. on a rotating basis, according...

Production Operations

Editorial: Windfall folly costs

Dec. 5, 2005

With the Windfall Profit Tax Act of 1980, the US Congress accomplished only one of its goals.

Companies

Company News: Kerr-McGee completes Tronox share offering

Dec. 5, 2005

Kerr-McGee Corp., Oklahoma City, closed its initial public offering of Tronox Inc.'s Class A common stock in what the company described as "a significant step"

General Interest

NGSA urges caution in OCS gas-gathering rule change

Dec. 5, 2005

The US Federal Energy Regulatory Commission should ensure that captive natural gas producers continue to be protected before repealing two regulations covering offshore gathering...

Government

Hybrid fuel thrift

Dec. 5, 2005

The Civil Society Institute (CSI) in Newton Centre, Mass., apparently wants to reduce US imports of crude by increasing imports of “dozens of fuel-efficient cars made by foreign...

Companies

ORMEN LANGE-1: Extreme subsea conditions drive concept development

Dec. 5, 2005

The irregular seabed in the area of the Ormen Lange field, the steep slide, and difficult areas along the coastline pose extreme challenges to pipeline design.

Government

Letters

Dec. 5, 2005

Whoa! Senate Majority Leader Bill Frist (R-Tenn.) is reported in the Wall Street Journal saying he “might support a federal anti-price-gouging law.

Drilling & Production

Analysts divided on gas price outlook

Dec. 5, 2005

Financial analysts differ over whether natural gas prices are going up or coming down and how the market may react to them.

Economics & Markets

Frontier South, East Falkland basins reveal important exploration potential

Dec. 5, 2005

Recent work by Borders & Southern Petroleum PLC has shown that the Cretaceous-Tertiary East Falkland and South Falkland basins, respectively east and south of the Falkland Islands...

Home

OPEC production capacity rising, IEA report says

Dec. 5, 2005

While a vigorous debate proceeds among specialists about how much petroleum the world has left to produce, the number of greatest immediate importance is production capacity.

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