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  • Volume 91, Issue 12
  • Volume 91, Issue 12

    More content from Volume 91, Issue 12

    David Knott International Editor What do you say about a year in which your operating profit is down 20%, net profit is down 40%, and you have a major restructuring charge in ...
    March 22, 1993
    Reuben L. Graham, John M. Foster, Paul C. Amick, and J. Stanley Shaw Reuben L. Graham Inc. Charleston, W.Va. Reverse circulation air drilling coupled with an air dryer at the ...
    March 22, 1993
    Texas Eastern Products Pipeline Co., Houston (Teppco), this month has begun segregating butane streams at the company's Mont Belvieu and Baytown, Tex., terminals (Fig. 1) ...
    March 22, 1993
    Amoco Trinidad Oil Co. continues to ramp up exploration and production southeast of Trinidad and Tobago in the Atlantic Ocean. The company's offshore gas production is growing...
    March 22, 1993
    Steven C. Krehbiel Geophysicist Morgantown, W.Va. The U.S. Department of Energy has conducted a series of studies investigating the hydrocarbon potential of the Pacific Northwest...
    March 22, 1993
    Fabrication of two production platform topsides for the Caister and Murdoch gas field development projects in the U.K. North Sea is complete. AMEC plc, London, built the decks...
    March 22, 1993
    Use of 3D seismic data is paying off for Mobil Exploration & Producing U.S. Inc. in one of its oldest fields in the Gulf of Mexico. In the latest example, Mobil found a new field...
    March 22, 1993
    Norman Lamont, British chancellor of the exchequer, has surprised U.K. oil and gas producers with major reforms to the U.K. petroleum tax regime. The petroleum revenue tax (PRT...
    March 22, 1993
    Jerry J. Toman, Robert F. Beckman Fluor Daniel Inc. Irvine, Calif. Several possible alternate uses for visbreaker equipment are available to refiners who must significantly increase...
    March 22, 1993
    More information has come to light on Cuba's first offering of exploration and production rights. Eleven blocks on offer range in size from 1,400 to 6,000 sq km. State oil...
    March 22, 1993
    Knut A. Simonsen, Luke F. O'Keefe Texaco Inc. White Plains, N.Y. W. Francis Fong Texaco Development Corp. White Plains, N.Y. Refinery demand in the U.S. for on-purpose hydrogen...
    March 22, 1993
    After all this time, things have finally become clear. The U.S. oil industry has two sides, and only two. One side thinks its customers should pay higher taxes on oil and gas,...
    March 22, 1993
    A bill seeking to levy a processing tax on oil, gas, and refined products has been introduced in the Louisiana Senate. As proposed, Senate Bill 3 would generate about $850 million...
    March 22, 1993
    Myke King Whitehouse Consulting Southampton, U.K. Experiences illustrate how oil movement and storage (OM&S) system automation can be justified and its benefits proven. From such...
    March 22, 1993
    The Clinton administration continues to hone its BTU tax proposal behind closed doors, hoping to finish the package this week so it can send it to Congress next month. The package...
    March 22, 1993
    UKRAINE plans to build a tanker terminal at the Black Sea port of Odessa capable of handling 240,000 b/d of crude for delivery to the republic's underutilized refineries. ...
    March 22, 1993
    Energy conservation measures in refineries often result in an excess of fuel. Therefore, fuel gas is sometimes flared or more often used in burners. These practices waste not ...
    March 22, 1993
    Energy Sec. Hazel O'Leary says the Clinton administration is willing to negotiate on details, but it is not retreating from the concept of a BTU tax on U.S. fuels. The Clinton...
    March 22, 1993
    The agreement between Azerbaijan and Turkey to build a $1.4 billion pipeline to carry crude oil from Baku to Turkey's Mediterranean Coast shows Turkey's zest for a role...
    March 22, 1993
    California vehicle fleets that use methanol powered flexible fuel vehicles (FFVs) report general satisfaction with them compared with gasoline fueled vehicles. The California ...
    March 22, 1993
    Robert H. Rothberg, Johnce E. Hall Amoco Production Co. Houston Larry D. Douglas Oil Industry Engineering Inc. Houston Kerry G. Kirkland Consulting Engineer Houston William S....
    March 22, 1993