Investment in the Russian Far East remains lukewarm, despite the area's tremendous resource potential. Not only are foreign investors cautious, but economic and political problems...
Planned gas-pipeline projects on Sakhalin Island will suffer from the current gas-pricing scheme employed in the country. And lasting effects of the Russian financial crisis in...
Intensive internal inspection and repair programs undertaken in the last 2 years by Enbridge Pipelines Inc., Edmonton (formerly Interprovincial Pipe Line Inc.), have significantly...
The U.A.E. Offsets Group (UOG), Abu Dhabi, is building momentum for a massive web of gas supply projects and gas-based industrial projects, focused on the southern shore of the...
New Zealand's underexplored Great South basin covers an area of about 100,000 sq km off the southeast coast of the South Island. Much of the basin lies beyond the modern continental...
Schlumberger Ltd., Paris, has agreed to spin off its offshore contract drilling unit, Sedco Forex Offshore, in order to unite it with Transocean Offshore Inc., Houston.
Exploration contractor Fugro-Geoteam AS, Oslo, has disclosed the availability of nonexclusive seismic data for Nicaragua's Caribbean continental shelf, ahead of a bidding round...
KN Energy Inc., an integrated natural gas company based in Lakewood, Colo., has signed a definitive merger agreement with pipeline operator Kinder Morgan Inc., Houston.
Mexico Energy Secretary Luis Téllez said he is confident that an anti-dumping petition targeting his country, Venezuela, Saudi Arabia, and Iraq by a group of independent U.S. ...
Repsol-YPF SA plans to sell some of its refining and marketing assets in Argentina, held by its Astra unit, as part of its plan to divest assets following Repsol SA's takeover...
Morocco - Onarep granted a 1 year reconnaissance permit to Skidmore Energy Inc. covering 3,318 sq km onshore in the Essaouira basin. Three other such permits granted to Skidmore...
The American Petroleum Institute is opposing a petition by some independent U.S. producers that alleges other nations have dumped oil on the U.S. market at prices below fair value...
Aftershocks will follow the takeover by Norsk Hydro AS of Saga Petroleum AS and the anticipated takeover of Elf Aquitaine SA by TotalFina SA (see story, p. 23).
Shell Philippines Exploration BVlet a multimillion-dollar contract to Foster Wheeler Corp., Clinton, N.J., for the engineering, procurement, and construction of an onshore Philippines...
Details of the performance of chloride stress-corrosion cracking (SCC) resistant stainless steels (SS) in Japan operating plants have been collected and reported.
The Russian refining industry is in deep crisis. Throughput at refineries owned by Russian firms fell to 165.7 million metric tons last year vs. 294.6 million tons in 1990. This...
Shell Chemical Co., BASF Corp., and the Fina Inc. unit of TotalFina SA have signed a letter of intent to form a joint venture to build the world's largest butadiene plant at Port...
Oil market fundamentals are improving by almost all measures, according to the latest IEA figures. IEA's June data indicate that oil prices and demand are up, while production...
