The Oil Daily articles from August 2006

The Oil Daily archives from August 2006

Offshore drilling bill crawls toward finish.(natural gas consuming industries)
August 1, 2006... An offshore drilling bill cleared a key procedural vote 72-23 as natural gas consuming industries turned up in full force on Capitol Hill Monday to cheerlead its agonizingly slow move toward the finish line. Despite the expected success,...

Shell to expand Athabasca despite steep cost.(Fischer-Tropsch natural gas-to-liquids )
August 1, 2006... In spite of a hike in estimated costs of as much as 60% over initial estimates, Shell Canada is proceeding with plans to expand the Athabasca Oil Sands Project (AOSP) in northeastern Alberta, the company said Friday, and is asking for partners...

Profits up, but output down for Pemex in second quarter.
August 1, 2006... Mexico's state-owned oil company Pemex reported robust second quarter profits that were almost six times higher than the same period last year, but the sharp increase was due mostly to rising oil prices and lower taxes as crude oil output fell...

Natural gas futures rally to 3-month high on heat wave.(increased fuel demand from power plants)(Brief article)
August 1, 2006... Natural gas futures rallied to a three-month high on Monday after a heat wave across the country spurred cooling demand. Crude futures rose sharply on lingering geopolitical concerns, while heating oil futures also soared as above normal...

Daily oil & gas price review: prices for Monday, July 31, 2006.(table)(Table)
August 1, 2006... Daily Oil & Gas Price Review Prices for Monday, July 31, 2006 Crude Oil [GRAPHIC OMITTED] US Domestic Crudes ($/barrel) Cash/Spot Change Spot Price WTS (Midland) +1.79 70.60 LLS (St....

Statoil faces uphill climb to achieve output targets.(Norway's Statoil)
August 1, 2006... Norway's Statoil delivered second-quarter earnings Monday very much in keeping with the trend set by its integrated European peers--a mix of strong earnings growth, courtesy of the benevolent macroeconomic environment, and operational...

Cooling degree days: for the week of Jul. 29, 2006.(table)(Statistical table)
August 1, 2006... Cooling Degree Days For the week of Jul. 29, 2006 - Week Dev - From Week From Year State/City (PADD) ...

House panel toughens security rules for refineries.(House Homeland Security Committee adopted legislation)
August 1, 2006... With concern over terrorists attacks on the rise and the fifth anniversary of 9/11 just a month away, a House panel got tough on refineries and other chemical facilities by forcing them to change or replace some processes and materials used in...

Abu Dhabi sets ball rolling for big upstream gas opening.(international oil companies)
August 1, 2006... Abu Dhabi has kicked off the first phase of its planned upstream gas opening to international oil companies by sending out letters to about 15 firms asking them for expressions of interest in its gas development plan, and to apply for...

ICE appoints regulation boss.(IntercontinentalExchange)(Brief article)
August 1, 2006... ICE Futures, the regulated futures subsidiary of energy marketplace IntercontinentalExchange, on Monday announced that Dee Blake has joined the London-based exchange as director of regulation. Blake has served as a technical specialist in...

EEP earnings almost triple.(Enbridge Energy Partners)(Financial report)(Brief article)
August 1, 2006... Houston-based Enbridge Energy Partners (EEP) continued the trend of fellow midstream and pipeline limited partnerships Kinder Morgan and Energy Transfer Partners with strong financial and operating results for the second quarter. The US...

Valero LP profits jump 62%.(Earnings)
August 1, 2006... Pipeline operator Valero LP on Monday said an acquisition helped boost second-quarter profit 62%. The company, a subsidiary of top leading US independent refiner Valero Energy, posted net income of $27.5 million versus $17 million a year...

BP to sign Tangguh loans.(British Petroleum Company PLC partnerships )(Brief article)
August 1, 2006... BP and its partners are expected to sign a deal on $2.6 billion worth of loans, down from an original estimate of $3.5 billion, to finance Indonesia's $5.5 billion Tangguh liquefied natural gas (LNG) project in the remote province of Papua, the...

Stock market scoreboard.(stock markets)(Statistical table)
August 1, 2006... Stock Market Scorecard Integrated Close 1-Day Majors 7/31 Chg. % Chg. Hess 52.90 +1.47 +2.86% Norsk Hydro 28.90 +0.60 +2.12 Marathon ...

Russian spill rattles markets.(production management of petroleum)(Brief article)
August 1, 2006... Conflicting reports of a breach in Russia's main crude export pipeline added to global supply concerns on Monday, unsettling nerves across world markets, until news emerged that the leak was only modest in nature. A rupture along the...

Some Nigerian output restored.(production management )(Brief article)
August 1, 2006... A small quantity of oil production--around 8,000 b/d--will be restored in Nigeria, but other output remains shut in in the troubled Niger Delta region. The occupation of an Agip Nigeria flow station by nearby villagers at Ogbainbiri ended...

Petrobras to lease Samsung rig.(Petroleo Brasileiro S.A contracts)(Brief article)
August 1, 2006... State-owned oil giant Petrobras said on Monday it signed a memorandum of understanding with Samsung of South Korea to lease a deepwater drilling rig. President Jose Sergio Gabrielli told reporters the rig was for the company's exploration...

Valero pursues tax lawsuits.(Litigation)
August 1, 2006... Valero Energy is pursuing 150 lawsuits against 42 Texas property-tax appraisal districts to lower taxes on buildings, refineries and convenience stores, according to a Sunday report in the San Antonio Express-News. If Valero wins, counties...

Canadian bid war gets weird.(Canadian Superior Energy Inc)(Brief article)
August 1, 2006... Adding to an increasingly bizarre bidding climate, Canada Southern on Friday dismissed an unusual takeover offer from Canadian Superior, reiterating its recommendation that shareholders accept a US$198 million (US$13.10/share) offer from...

Petrol completes Kansas wells.(production management of petroleum industry )(Brief article)
August 1, 2006... Petrol Completes Kansas Wells Petrol Oil and Gas Monday announced that since Jan. 1 it has completed six coalbed methane wells at its Petrol-Neodesha properties in Wilson and Neosho counties in southeastern Kansas. A spokesman for the...

Report shows storms' impact.(Offshore)(Brief article)
August 1, 2006... Just how hard the US energy industry got hit by hurricanes Katrina and Rita is still being studied, but a year later a few things are clear--the damage caused by the storms was greater than anything ever experienced by the industry and most of...

Gulf Island adds to backlog.(Gulf Marine Fabricators contracts)(Brief article)
August 1, 2006... Gulf Island Fabrication said a recent order for the fabrication and loading of tower sections for an offshore project has brought the company's backlog to $344 million. The Houma, Louisiana-based company builds offshore drilling platforms and...

Eni bids on Chevron refinery.(securities of Chevron Corp )(Brief article)
August 1, 2006... Italy's Eni is bidding for a Chevron refinery in Rotterdam and 150 petrol stations outside Italy, a source close to Eni said on Monday. Italian daily newpaper Il Messaggero on Saturday said the bid could be worth US$1.46 billion. "Eni is...

Senate votes to expand eastern gulf drilling.
August 2, 2006... The Senate on Tuesday voted 71-25 to expand offshore oil and gas drilling in the Eastern and Central Gulf of Mexico, handing out a victory to drilling advocates determined to increase domestic production to stabilize spiking prices. ...

Contract awarded for Sabine Pass LNG plant.
August 2, 2006... Exxon Mobil and its partners have given the official go-ahead for the 2 billion cubic feet per day (15.6 million tons/year) Golden Pass liquefied natural gas (LNG) receiving terminal to be located near Sabine Pass, Texas, outside of Port...

California and UK team up to cut emissions, promote clean fuels.(control of Greenhouse gases)
August 2, 2006... California and the UK have teamed up in the battle against climate change. Gov. Arnold Schwarzenegger and Prime Minister Tony Blair unveiled a plan Monday in Los Angeles that commits the UK and California to cooperate on reducing...

Nymex crude futures rally on geopolitics, refinery troubles.(petroleum prices)(Brief article)
August 2, 2006... Crude futures in New York and London rose again Tuesday after Israel expanded its ground offensive against Hezbollah in southern Lebanon and Syria readied its troops in case it gets drawn into the conflict. With no imminent ceasefire to...

Daily oil & gas price review: prices for Tuesday, August 1, 2006.(oil and gas prices)(Statistical table)
August 2, 2006... Daily Oil & Gas Price Review Prices for Tuesday, August 1, 2006 Crude Oil [GRAPHIC OMITTED] US Domestic Crudes ($/barrel) Cash/Spot Change Spot Price 5-Day Avg. Month-Ago WTS (Midland) +0.76 ...

Marathon's profits rise, but so do costs of refinery expansion.(sales and earnings of Marathon Oil Co.)(Financial report)
August 2, 2006... Riding a surge in downstream profits and record breaking refinery throughput, Marathon Oil reported second-quarter net income of $1.75 billion, which was more than double the $673 million it reported in the second quarter of 2005. "Since...

After another record quarter, Valero says best is yet to come.(Independent refiner Valero's financial report)(Financial report)
August 2, 2006... Independent refiner Valero shattered its previous record for any quarter with second-quarter earnings that were almost double what they were for the same time a year ago. A strong performance for the first half of 2006 makes it almost...

Barnett shale and South Texas success boosts EOG resources.(Barnett Shale properties sales and earnings)(Financial report)
August 2, 2006... Helped by strong world oil prices and continued drilling success on its Barnett Shale properties, EOG Resources reported a 33% jump in profits for the second quarter compared with the same period a year ago. The Houston-based independent...

Total acquires Java stake.(acquisitions)(Brief article)
August 2, 2006... French Total said Tuesday it has acquired 49% of the East Sepanjang Block, offshore the Indonesian island of Java. It obtained the stake from local firm PT Easco for an unreleased sum via a farm-in, with a future option to acquire the remaining...

Moscow Court declares Yukos bankrupt.
August 2, 2006... The Moscow Arbitration Court officially declared Yukos bankrupt on Tuesday, putting Russian state-controlled Rosneft one step closer to devouring the former oil major's sizable remaining assets. Yukos liquidation manager Eduard Rebgun did...

New tropical storm forms.(storm damage)(Brief article)
August 2, 2006... Tropical Storm Chris, the third named storm of the 2006 Atlantic hurricane season, developed early Tuesday near the Leeward Islands, forecasters at the National Hurricane Center said. On Tuesday morning Chris was located about 120 miles...

Panda builds Texas ethanol plant.(facilities of the company)(Brief article)
August 2, 2006... Panda Ethanol said Tuesday it has successfully completed debt financing for a 100 million gallon ethanol plant in Hereford, Texas. The company will immediately begin construction on the 380-acre site and anticipates ethanol production will...

Colin fails in Mauritania.(market share of Woodside Petroleum)(Brief article)
August 2, 2006... Australia's Woodside Petroleum has drilled a dry well offshore Mauritania at its Colin-1 prospect 37 miles south of the producing Chinguetti field, consortium partners announced Tuesday. Drilled in PSC Area A, the well reached a total depth...

Venezuela to hold bid round.(production management of Petroleos de Venezuela)(Brief article)
August 2, 2006... Venezuela is preparing a bidding round for exploration and production licenses for six offshore natural gas fields that could come as early as this month, a government energy official said this week. Venezuela is looking to plug a 1.15...

Petroecuador names new chief.(Latin America)
August 2, 2006... Ecuador's state oil firm, Petroecuador, named the country's Labor Minister Galo Chiriboga as its new president, the energy ministry said on Monday. Chiriboga replaces Fernando Gonzalez, who quit the post in late June after four months in...

Stock market scorecard.(NEWS ALERT)(Statistical table)
August 2, 2006... Stock Market Scorecard Integrated Close 1-Day Majors 8/1 Chg. % Chg. Petro-Canada 45.55 +0.80 +1.79% BG 68.20 +0.81 +1.20 Chevron ...

Royalty relief bill submitted.(Legislation/Regulation)(Brief article)
August 2, 2006... Republican US Sens. Jon Kyl of Arizona and Mike DeWine of Ohio introduced legislation on Thursday that would require price thresholds on oil and gas leases that include royalty relief incentives to leaseholders. The bill is the latest...

Senate extends Ilsa.(Legislation/Regulation)(Brief article)
August 2, 2006... The Senate late Monday approved the temporary extension of a sanctions law prohibiting non-US oil and gas companies from investing in Iran. The Senate took up a House of Representatives-approved bill extending the Iran Libya Sanctions Act...

Canadian Oil Sands extends offer.(securities of the company)(Brief article)
August 2, 2006... Canadian Oil Sands Trust, winner of the protracted bidding war for Canada Southern Petroleum, today announced that it has extended the expiry date for its US$13.10/share, all-cash offer for all of the outstanding common shares of Canada...

Anadarko gets Kerr clearance.(Mergers & Acquisitions)(Anadarko Petroleum Corp. acquires Kerr-McGee Corp.)(Brief article)
August 2, 2006... Anadarko Petroleum on Tuesday said it received US anti-trust clearance to acquire Kerr-McGee and expects to close the deal soon after a Kerr shareholder meeting on Aug. 10. The company said the waiting period under the Hart-Scott-Rodino...

Plains, Pacific deal approved.(Mergers & Acquisitions)
August 2, 2006... Plains All American Pipeline and Pacific Energy Partners said on Tuesday that they expect their merger to close near the end of 2006 after receiving antitrust approvals in the US and Canada. The companies said they received a "no issue"...

Bill aims to stop weaver's cove.(Natural Gas)(Hess LNG)(Brief article)
August 2, 2006... The Massachusetts state legislature has passed a bill that could thwart Hess LNG in its bid to build the Weaver's Cove receiving terminal in the town of Fall Rivers. The bill aims to prevent LNG vessels from passing through bridges with a...

US refining margins rise.(sales and earnings of the company)(Financial report)(Brief article)
August 2, 2006... US refining margins improved in all regions last week, most notably in the East Coast and Midwest, according to analysts at AG Edwards. The composite margin in the US was $19.30 per barrel versus $18.76 the prior week. For the third quarter,...

Senators push royalty relief threshold bill.(Jon Kyl)(Mike DeWine)
August 3, 2006... Republican Senators Jon Kyl of Arizona and Mike DeWine of Ohio introduced legislation on Thursday that would mandate royalty relief price thresholds on all future oil and gas leases. The bill is the latest response in Washington to growing...

Devon says 'Jack' test results due soon.(sales and earnings of Devon Energy Corp)
August 3, 2006... Devon Energy said on Wednesday that keenly awaited results of a production test on the Jack discovery in the deepwater Gulf of Mexico will be made public in the next month or two. "We expect to have some results that we can announce in the...

Petrobras details plans for increased investment in natural gas.
August 3, 2006... Brazil's state-controlled energy giant Petrobras plans to invest $22.1 billion between 2007-2011 to develop the country's natural gas industry, some 70% more than originally stipulated in its four-year investment plan. Imports of liquefied...

Crude futures rise on storm threat in gulf, inventory data.(production management)
August 3, 2006... Crude and product futures soared Wednesday after the US Energy Information Administration (EIA) released data showing a larger-than-expected draw in US commercial crude stocks and fears of a supply disruption in the Gulf of Mexico should...

Daily oil & gas price review: prices for Wednesday, August 2, 2006.(statistical table)(Statistical table)
August 3, 2006... Crude oil [GRAPHIC OMITTED] US Domestic Crudes ($/barrel) Cash/Spot Change Spot Price 5-Day Avg. Month-Ago WTS (Midland) +0.75 72.11 70.56 70.76 LLS (St. James) +0.85 79.11 ...

Budget cuts cited in Texas blast.(Brief article)
August 3, 2006... BP's global budget cuts in 1999 and 2000 contributed to safety lapses that led to last year's deadly Texas City refinery blast, the attorney representing 150 workers or their families said Tuesday. Brent Coon, who was in London to take a...

EIA weekly statistics: for week ended Jul. 28, 2006.(Statistical table)
August 3, 2006... EIA Weekly Statistics For Week Ended Jul. 28, 2006 US Crude Oil: Stocks (1) (millions of bbl) Current Previous Week Week Chg. PADD 1 15.5 16.7 -7.2%...

Total acquires Chevron's stake in Nigeria's Brass LNG venture.(acquisition of Chevron Corp)
August 3, 2006... Total said on Wednesday that it has acquired Chevron's interest in Nigeria's planned Brass LNG project. The project's other partners are state Nigerian National Petroleum Corp. (NNPC), ConocoPhillips and Italy's Eni. According to the...

Forest acquires Texas stakes.(securities and acquisitions of petroleum industry)(Brief article)
August 3, 2006... Denver-based Forest Oil has assumed operatorship of the Katy Field in Texas and added acreage in the Barnett Shale in two separate transactions. In the first, Forest assumed operatorship of the Katy Field, located in Waller, Fort Bend and...

Independent refiner Holly wants to try its luck in Las Vegas.(Holly Corp company sales and earnings)(Financial report)
August 3, 2006... Dallas-based independent refiner Holly Corp. is looking into building a pipeline that would give it a foothold in Las Vegas, one of the fastest-growing cities in the US. Holly, which reported second-quarter earnings on Wednesday, said it...

Big cities in climate change pact.(Former President Bill Clinton and mayors signs a pact to battle climate change)(Brief article)
August 3, 2006... Former President Bill Clinton and mayors from 22 of the world's largest cities signed a pact on Tuesday to battle climate change and increase energy efficiency. The Clinton Climate Initiative will create an international consortium to share...

Iraq's oil exports decline following suspension of Kirkuk sales.(Iraqi loading program)
August 3, 2006... Iraqi Oil Minister Hussein al-Shahristani came to Washington, DC, last week and boasted about his country's ability to increase oil exports to 1.8 million barrels per day, but fresh data from various shipping agents show that he may have been...

Canadian Natural's earnings rise.(sales and earnings of petroleum industry)(Financial report)(Brief article)
August 3, 2006... A large tax gain and record North American oil and gas production led to a more-than-fourfold increase in Canadian Natural Resources' second-quarter profits. Net income rose to C$1.04 billion (US$923.17 million) or C$1.93 per share...

Fayetteville Shale output rises.(sales and earnings of the company)(Financial report)
August 3, 2006... Southwestern Energy Company said its gross production from the Fayetteville Shale gas play in western Arkansas has reached approximately 50 MMcf/d, up from about 20 MMcf/d as of May 1. The company said the increase was due to an increased...

CEOs seek to cut oil dependence.(Legislation/Regulation)
August 3, 2006... As oil and natural gas prices continue to climb, top business leaders and former military officials are joining forces to explore ways to reduce US oil dependence. FedEx CEO Frederick Smith and General P. X. Kelley, former Marine Corps...

DOE funds Bioenergy Centers.(Department of Energy)(Brief article)
August 3, 2006... The Department of Energy (DOE) will spend $250 million to set up two new Bioenergy Research Centers to accelerate basic research to develop cellulosic ethanol and other biofuels, Energy Secretary Samuel Bodman announced Wednesday. "This is...

Stock market scorecard.(Statistical table)
August 3, 2006... Stock Market Scorecard Integrated Close 1-Day --% Chg.-- Majors 8/2 Chg. % Chg. 10-Day 52-Wk YTD Repsol YPF 28.53 +0.15 +0.53% +4.58% 2.37% -2.99%...

KMP sells Permian assets.(Kinder Morgan Energy Partners L.P. acquisitions)(Brief article)
August 3, 2006... Kinder Morgan Energy Partners (KMP) said Kinder Morgan C[O.sub.2] Company has sold certain noncore oil and gas properties located primarily in the Permian Basin of West Texas to various buyers for approximately $27 million. Proceeds from the...

Lyondell to buy Citgo stake.(Refining)
August 3, 2006... Lyondell Chemical reached an agreement to buy Citgo Petroleum's minority interest in their 270,000 b/d joint venture Houston refinery, sources said on Wednesday. Lyondell is expected to announce the deal to become the sole owner of the...

API moves to head off threat to lease sale.
August 4, 2006... The American Petroleum Institute (API) is trying to prevent Louisiana Governor Kathleen Blanco from blocking an important lease sale in the Western Gulf of Mexico slated for Aug. 16. API, the trade group for US oil and gas companies, filed...

Problems beset Atlantic LNG's Train 4.
August 4, 2006... All is not well at Atlantic LNG (ALNG) in Trinidad and Tobago. It is widely acknowledged that production at Train 4, which started up last December after a fraught six months of delay, is still only a shadow of its nameplate 700 million...

Nymex offers physical crude futures on CME's electronic platform.(Chicago Mercantile Exchange contracts with New York Mercantile Exchange)
August 4, 2006... The New York Mercantile Exchange (Nymex), the world's largest energy trading platform, said it will start offering physically-delivered energy futures products on the Chicago Mercantile Exchange's (CME) electronic trading platform, Globex, next...

Motiva inks refinery contract.
August 4, 2006... Joint venture Bechtel Corporation and Jacobs Engineering Group has been awarded a services contract by Motiva Enterprises to serve as the engineering, procurement and construction general contractor for the proposed Port Arthur, Texas refinery...

Crude futures ease after tropical storm Chris weakens.(downsizing of the company)(Brief article)
August 4, 2006... Crude and product futures fell Thursday as Tropical Storm Chris weakened and was no longer expected to pose a threat to the Gulf of Mexico, home to a big chunk of US oil and gas production. On the New York Mercantile Exchange (Nymex),...

Daily oil & gas price review: prices for Thursday, August 3, 2006.
August 4, 2006... Daily Oil & Gas Price Review Prices for Thursday, August 3, 2006 US Domestic Crudes ($/barrel) Cash/Spot Change Spot Price WTS (Midland) -0.11 72.00 LLS (St. James) ...

Total's output dips in second quarter, but growth still on track.(oil and gas production)
August 4, 2006... Lower oil and gas production was the main story for Total in the second quarter, as the French oil major's output in the period dipped to its lowest level since the third quarter of 2001. In the period, the company's production averaged...

Rising costs cloud independent refiners' expansion plans.
August 4, 2006... While high refining margins are bringing in the cash for independent refiners, higher-than-expected costs are clouding their expansion plans. Two more independent refiners--Tesoro and Sunoco--reported stellar earnings on Thursday, thanks to the...

CSU team sees fewer hurricanes.(Colorado State University)(Brief article)
August 4, 2006... The hurricane research team at Colorado State University said today that this year's hurricane season won't be as bad as many government and private forecasters had predicted, adding that a monster storm like Katrina is very unlikely (OD...

Gas in storage rise 19 Bcf.(Energy Information Administration)(Brief article)
August 4, 2006... Stocks of working natural gas in US storage facilities rose 19 Bcf for the week ended Jul. 28, leaving storage levels at 2,775 Bcf, according to the Energy Information Administration (EIA). Gas stocks are 360 Bcf higher than last year at...

Kerr-Mcgee earnings down.(Earnings)
August 4, 2006... Kerr-McGee--which is set to be acquired by Anadarko Petroleum--reported a year-on-year fall in second-quarter earnings as a result of asset sales. However, stock buybacks reduced the share count, leading to slightly higher earnings per share....

Transocean earnings trigger sell-off.(financial report)(Financial report)(Brief article)
August 4, 2006... Offshore drilling-rig owner Transocean reported a 17% drop in second-quarter earnings, hit by higher operating and maintenance costs and slightly greater down time for its fleet. The results came up shy of Wall Street's estimates,...

Stock market scorecard.(Statistical table)(Statistical table)
August 4, 2006... Stock Market Scorecard Integrated Close 1-Day Majors 8/3 Chg. BG 68.30 +0.30 Exxon Mobil 68.37 -0.11...

Duke posts solid q2 earnings.(Earnings)
August 4, 2006... Duke Energy said lower expenses offset a decline in second-quarter revenue, boosting profits 16% in the energy conglomerate's first quarter of results since completing a takeover of Cincinnati-based Cinergy in April (OD Mar.13,p9). Net...

Pioneer reports earnings drop.(Earnings)
August 4, 2006... Dallas-based oil and gas company Pioneer Natural Resources reported a 53% drop in second-quarter net income--but is on track to meet or exceed its production targets for 2006, the company said. Net income fell to $88 million (69 cents/share)...

Chesapeake wins DFW lease.(Dallas-Fort Worth)(Brief article)
August 4, 2006... The Dallas-Fort Worth (DFW) airport's board of directors today approved a lease agreement with Chesapeake Energy for exploration of 18,000 acres of airport land that lies in the heart of the region's booming Barnett Shale gas play. Under...

Nexen finds gas at Ringo.(Eni oil production)(Brief article)
August 4, 2006... Canadian independent Nexen said a well drilled on the Ringo prospect on Mississippi Canyon Block 546 in the Gulf of Mexico encountered roughly 150 feet of net gas pay. Nexen said the resource estimate for Ringo remains within its pre-drill...

Bodman urges Shtokman decision.(Gazprom contracts)(Brief article)
August 4, 2006... US Energy Secretary Samuel Bodman on Wednesday urged the Russian government to decide which international oil companies will develop the giant Shtokman gas project, and reiterated that American companies should make the list. Russian gas...

Pearce nomination moves forward.(Senate Energy and Natural Resources Committee)(Brief article)
August 4, 2006... The US Senate Energy and Natural Resources Committee on Thursday voted to approve the nomination of Drue Pearce as federal coordinator of the Alaska natural gas pipeline project. Her nomination must now be approved by the full Senate. ...