The Oil and Gas Journal articles from August 1992

The Oil and Gas Journal archives from August 1992

U.S. drilling permits surged by 21.8% to 2,259 in July. (Salomon Brothers report) (Brief Article)
August 31, 1992... There are faint signs of recovery in the U.S. petroleum industry. U.S. drilling permits surged by 21.8% to 2,259 in July for the 29 states Salomon Bros. tracks, nearly matching the year ago level. Texas and Wyoming provided the biggest...

Are California heavy oil producers finally getting price relief. (Kidder, Peabody and Company report) (Brief Article)
August 31, 1992... Are California heavy oil producers finally getting price relief"figuring their crudes' real value in the market--they've always sought, now that Alaskan North Slope production has resumed its decline? Kidder Peabody notes that as one...

Despite some recent slippage in oil prices, Merrill Lynch still sees a strong possibility of $24/bbl WTI in the winter. (West Texas Intermediate) (Brief Article)
August 31, 1992... Despite some recent slippage in oil prices, Merrill Lynch still sees a strong possibility of $24/bbl WTI in the winter. It puts the call on OPEC oil at 25 million b/d in the fourth quarter and almost 26 million b/d in first quarter 1993,...

EIA expects U.S. natural gas consumption to jump by as much 5.5% in 1993. (Energy Information Administration) (Brief Article)
August 31, 1992... EIA expects U.S. natural gas consumption to jump by as much as 5.5% in 1993, with much of the growth to come during winter in the first quarter. Gains in industrial and power sector demand are expected to boost total U.S. gas consumption by...

Union Pacific Resources plans to drill another 100 horizontal wells by yearend. (Brief Article)
August 31, 1992... Union Pacific Resources plans to drill another 100 horizontal wells by yearend. The company has completed more than 360 horizontal wells in South Central Texas' Cretaceous Austin chalk. By end of July, UPR's total Austin chalk production...

DOE is studying effects of state regulations on U.S. natural gas consumption. (Department of Energy) (Brief Article)
August 31, 1992... DOE is studying effects of state regulations on U.S. natural gas consumption, following up on a February conference in Phoenix with state regulators. DOE wants input on how state policies and regulations affect the gas industry, seeking to...

Methanol supply will be sufficient to meet MTBE and TAME demand into 1995. (methyl tertiary butyl ether, tertiary-amyl methyl ether; Crocco and Associates forecast) (Brief Article)
August 31, 1992... Methanoi supply will be sufficient to meet MTBE and TAME demand into 1995, says Crocco & Associates, Houston. The forecast is based on a conservative global demand estimate of 555,000 b/d in 1995, about 80,000 b/d of which will be...

China National Oil & Natural Gas Corp. expects oil production from three basins in Northwest China's Xinjiang region to hit 174,000 b/d this year. (China National Oil and Gas Exploration and Development Corp.) (Brief Article)
August 31, 1992... China National Oil & Natural Gas Corp. expects oil production from three basins in Northwest China's Xinjiang region to hit 174,000 b/d this year, up 20,000 b/d from 1991, Beijing's Xinhua News AgenCy reportS' The Xinjiang region is...

Amoco has signed an agreement with Russia's Gazprom to conduct a feasibility study of potential reserves on the Yamal Peninsula. (Brief Article)
August 31, 1992... Amoco has signed an agreement with Russia's Gazprom to conduct a feasibility study of potential reserves on the Yamal Peninsula. Amoco says the agreement is "subject to certain actions Gazprom must take and to endorsement by other...

Pennzoil. (forms Pennzoil Caspian Corp.) (Brief Article)
August 31, 1992... Pennzoil has formed Pennzoil Caspian Corp. to pursue a project to increase production from the Guneshli oil fields in the Caspian Sea. Pennzoil has signed preliminary agreements for the deal with Azerineft, the main exploration...

A route has been agreed upon for the 1 million b/d, 40 in. pipeline that will carry Kazakh oil, notably from Tengiz, for export to the Mediterranean. (Kazakhstan) (Brief Article)
August 31, 1992... Kazakh President Nazarbayev says a route has been agreed upon for the 1 million bid, 40 in. pipeline that will carry Kazakh oil. notably from Tengiz. for export to the Mediterranean. Eastern Bloc Energy reports. The pipeline will extend...

Russia's President Yeltsin has authorized a new tax on oil and gas producers aimed at boosting development of difficult to produce reserves. (Brief Article)
August 31, 1992... Russia's President Yeltsin has authorized a new tax on oil and gas producers aimed at boosting development of difficult to produce reserves. The tax will be levied against oil and gas producing enterprises that are "engaged in the development...

Nonprescriptive safety objectives will form the basis of the third phase of new safety regulations for the U.K. offshore petroleum industry arising from the 1990 Cullen report into the Piper Alpha accident. (Brief Article)
August 31, 1992... Nonprescriptive safety objectives will form the basis of the third phase of new safety regulations for the U.K. offshore petroleum industry arising from the 1990 Cullen report into the Piper 'Alpha accident. The British Health & Safety...

Satellite oil fields committed for development today could account for as much as 20% of U.K. offshore oil production soon. (Brief Article)
August 31, 1992... Satellite oil fields committed for development today could account for as much as 20% of U.K. offshore oil production soon, says Smith Rea. Satellites now represent about 14% of U.K. offshore oil output. "It is already possible to...

Shell's study of gas explosions. (Shell Research Ltd.)
August 31, 1992... Anyone who has seen the grim effects of an explosion at an oil or gas installation can quickly come up with a phrase to live by: This was no place to be at the moment of the blast. Shell Research Ltd. is trying to figure out something...

Political role strong in currency upsets. (Editorial)
August 31, 1992... August has been a frightening month for oil exporters with no good way to hedge international currency. The U.S. dollar, main unit of exchange in the oil market, has rapidly lost value against the German mark, benchmark for European...

Retrenchment's effects slash OGJ group first half earnings. (Oil and Gas Journal)
August 31, 1992... First half 1992 profits for the group of 22 large integrated U.S. petroleum companies Oil & Gas Journal tracks plummeted by almost half from a year ago. Net profits for the group fell to $5.9 billion in the first half from $10.4 billion...

Ashland outlines $261 million in refinery unit construction. (Ashland Petroleum Co.)
August 31, 1992... Ashland Petroleum Co. has spelled out $261 million in projects completed, under way, or planned to produce cleaner fuel and further reduce emissions at two U.S. refineries. The company: * Started up a $13 million pollution control...

Royalty break eyed for U.S. deepwater oil, gas. (in the Gulf of Mexico)
August 31, 1992... Sen. Bennett Johnston (D-La.) wants to amend the U.S. omnibus energy bill to waive initial royalties for deepwater production. Johnston recently introduced the bill (OGJ, Aug. 10, p. 23) and is pressing for the Bush administration's...

Petroperu seeking buyer for productive offshore tract. (Petroleos del Peru) (Brief Article)
August 31, 1992... Petroleos del Peru (Petroperu) is seeking a buyer for its Petromar offshore exploration and production unit. Peru's national oil company wants to sell Petromar acreage, production, and production installations on Block Z-2b for $200...

Amoco Canada plans more staff cuts. (Amoco Canada Petroleum Ltd.) (Brief Article)
August 31, 1992... Amoco Canada Petroleum Ltd., Calgary, plans additional work force cuts after reporting an "unacceptable" $481 million loss in first half 1992. The loss on revenues of $1.8 billion compared with a loss of $129 million on revenues of $2.1...

Canadian oil and gas reserves continue to slip. (Canadian Petroleum Association) (Brief Article)
August 31, 1992... Canadian oil and gas reserves continued to slide in 1991. The Canadian Petroleum Association said oil reserves declined 2.9% last year and natural gas reserves fell 0.7%. Conventional crude reserves declined 6.7% to 4.1 billion bbl....

How to combat tanker pirates. (security measures to reduce the risk of oil tanker piracy) (Brief Article) (Column)
August 31, 1992... 23 Piracy is a growing problem for oil tanker operators. A major concern is that the crew may be immobillzed during an attack, leaving the tanker to sail on out of control. Potential for collision and subsequent pollution is then...

Norsk Hydro spokesman predicts surge in subsea well completions. (Brief Article)
August 31, 1992... Changes in North Sea field development strategies will lead to increased use of subsea completions. Strategies must change, Knut Skattum of Norsk Hydro AS told last week's Offshore Northern Seas conference in Stavanger, because new areas...

Pipeline projects off Europe to focus on gas.
August 31, 1992... Pipeline construction in the North Sea and Mediterranean for the next 5 years will focus almost exclusively on natural gas systems. The next 5 years will be "generally active," but there will be adequate lay barge capacity every year with...

Conference assesses world oil supply scene. (Offshore Northern Seas conference)
August 31, 1992... The Offshore Northern Seas conference heard a number of long term outlooks in Stavanger, Norway, last week, all with the same conclusion: the oil and gas industry needs massive investment if it is to match future demand. Norwegian Prime...

EPA issues offshore air pollution regulations. (Brief Article)
August 31, 1992... The Environmental Protection Agency has issued regulations equalizing offshore air pollution rules with onshore standards except in the Gulf of Mexico. The rules hold platforms and drilling rigs within 25 miles of states' seaward...

Aostra eyes commercial scale oilsands project. (Alberta Oil Sands Technology & Research Authority) (Brief Article)
August 31, 1992... Alberta Oil Sands Technology & Research Authority (Aostra) has begun studying a commercial project for bitumen production using steam assisted gravity drainage techniques developed at its underground test facility (UTF) in northern Alberta....

Ontario plans to stiffen water pollution rules. (Brief Article)
August 31, 1992... Ontario proposes to impose more stringent water pollution standards on refineries to cut contaminant discharges by 30%. The measures, which the government of the Canadian province said are the toughest in North America, will cost industry...

Pushing for an energy bill. (Brief Article) (Column)
August 31, 1992... A House-Senate conference committee faces the prodigious task of merging the huge energy bills in September. Their chore is complicated by the fact that 33 senators and 108 House members have been named to the committee. Each house...

Emerald oil field on production in North Sea. (Brief Article)
August 31, 1992... Midland & Scottish Energy Ltd. (MSE) has placed Emerald oil field on stream in the U.K. North Sea with a floating production unit. Initial production, from two satellite wells, will be used to commission facilities. Three water injection...

Pemex to acquire interest in Shell Texas refinery. (Petroleos Mexicanos in joint refining venture with Shell Oil Co.'s Deer Park, Texas refinery) (Brief Article)
August 31, 1992... 8 Petroleos Mexicanos and Shell Oil Co. have signed a memorandum of understanding to form a joint refining venture involving Shell's 225,000 b/d Deer Park, Tex., refinery. Under the agreement, Mexico's state owned oil company is to...

Canadian industry slashes spending. (Canadian Petroleum Industry forecast) (Brief Article)
August 31, 1992... Canadian petroleum industry spending will be down sharply this year from the 1991 level, ancl there is no upturn in sight for 1993. The Canadian Petroleum Association in its annual spending forecast and review said the industry spent...

DOE's Watkins: Bush's NES will benefit industry, consumers. (Department of Energy Secretary James D. Watkins; National Energy Strategy)
August 31, 1992... James D. Watkins Secretary Department of Energy Washington, D.C. As many as 200 federal lawmakers will meet later this summer to settle differences in House and Senate passed energy bills. The outcome will benefit the U.S. oil...

Papua New Guinea. (refinancing interest in Kutubu oil development project) (Brief Article)
August 31, 1992... Papua New Guinea wants to refinance its 22.5% interest in the Kutubu oil development project to gain immediate access to its share of production. Kutubu, which started up in June, is expected to produce 100,000-140,000 b/d (OGJ, July 27, p....

Sun Co. (remodeling Tulsa, Oklahoma refinery) (Brief Article)
August 31, 1992... Sun Co. will reconfigure and downsize its 85,000 b/ cd Tulsa refinery to focus on its lubricants and wax businesses. Branded gasoline marketing will be phased out in areas supplied by the Tulsa refinery, mainly Oklahoma, Iowa, and Missouri....

California Air Resources Board. (settlement reached with Paramount Oil Co.) (Brief Article)
August 31, 1992... California Air Resources Board (CARB) reached a $100,000 settlement with Paramount Oil Co., Los Angeles, in the small refiner's alleged failure to meet state air quality rules by selling 616,686 gal of gasoline with Reid vapor pressure of...

U.S. Coast Guard. (issues ruling requiring oil tankers built after June 1990 to have double hulls) (Brief Article)
August 31, 1992... U.S. Coast Guard issued a rule requiring oil tankers built after June 1990 to have double hulls and requiring phaseout of existing single hull tankers in 25 years. The rule, required by the 1990 Oil Pollution Act, applies to U.S. and foreign...

Arakis Energy Corp. (private placement) (Brief Article)
August 31, 1992... Arakis Energy Corp., Vancouver, B.C., secured a private placement valued at $2.74 million (Canadian) that will be used to fund an accelerated development program of its gas reserves in the Appalachian basin. Arakis is preparing an initial 25...

Saudi Arabian Oil Co. (contract) (Brief Article)
August 31, 1992... Saudi Arabian Oil Co. let a $21 million contract to a joint venture of Offshore Pipelines Inc. (OPI), Houston, and Maritime Industrial Services Co. Ltd., United Arab Emirates, for undisclosed offshore construction work in the Middle East....

Methanex Corp. (joint venture) (Brief Article)
August 31, 1992... Methanex plans to acquire Metallgesellschaft Corp. and affiliates' interest in a joint venture with a unit of American Cyanamid that will redesign and convert American Cyanamid's idle ammonia plant near New Orleans to a 1,645 metric ton/day...

Methanex. (acquiring Metallgesellschaft Corp.'s interest in a joint venture company that is a unit of American Cyanamid) (Brief Article)
August 31, 1992... Methanex plans to acquire Metallgesellschaft Corp. and affiliates' interest in a joint venture with a unit of American Cyanamid that will redesign and convert American Cyanamid's idle ammonia plant near New Orleans to a 1,645 metric ton/day...

ICI Taiwan Ltd. (terephthalic acid plant begins operation) (Brief Article)
August 31, 1992... ICI Taiwan Ltd.. started up its purified terephthalic acid plant at Kuan Yin, Taiwan. The plant is expected to reach full production of 350,000 metric tons/year by mid-1993. Taiwanese chemical industry officials predicted the start-up of a...

Japan Petroleum Exploration Co. (oil and gas discovered in Akita prefecture) (Brief Article)
August 31, 1992... Japan Petroleum Exploration Co. found oil and gas find with a wildcat in Northeast Japan's Akita prefecture that is producing 3,491 b/d of crude and 1.6 MMcfd of gas from five zones at 1,6501,950 m. Total depth is 2,000 m.

Malaysia's (Tongkah Holdings in joint venture with Petrovietnam) (Brief Article)
August 31, 1992... Malaysia's Tongkah Holdings and Petrovietnam are completing arrangements for a joint venture that will process Vietnamese seismic data, OPEC News Agency reported. A seismic processing center is to be set up in Ho Chi Minh City, but most of...

Lasmo plc. (London and Scottish Marine Oil exploration contract) (Brief Article)
August 31, 1992... Lasmo plc and C. Itoh Energy Development Co. signed an agreement with Petrovietnam to explore Block 04-2 between Dai Hung and Bach Ho fields off Viet Nam, about 160 km southeast of Ho Chi Minh City, Asahi News Service reported. C. Itoh and...

Mobil North Sea Ltd. (acquisition) (Brief Article)
August 31, 1992... Mobil North Sea Ltd. acquired a farmout from Aran Energy plc, Dublin, calling for Mobil to join Aran in its wholly owned Blocks 50/12, 50/16, 50/17, and 50/18 in the Celtic Sea. A well is planned for 1993.

C&L Processors Partnership. (acquires gas processing plants from Oryx Energy) (Brief Article)
August 31, 1992... C&L Processors Partnership, a joint venture of Conoco Inc. and Mitchell Energy & Development Corp.'s Liquid Energy Corp. unit, completed the purchase of Oryx Energy Co. 's interests in 11 Oklahoma and two Texas gas processing plants for...

Tenneco Inc. (sells pulp chemicals business to Sterling Chemicals) (Brief Article)
August 31, 1992... Tenneco Inc. completed its $3 billion restructuring program, selling its pulp chemicals business to Sterling Chemicals Inc. for about $202 million. Tenneco's restructuring included selling noncore assets valued at $1.5 billion, issuing $716...

BP America Inc. (voluntary severance plan) (Brief Article)
August 31, 1992... BP America Inc. said 1,575 employees accepted parent British Petroleum Co. plc's voluntary severance plan offer designed to cut as many as 600 jobs in Cleveland (OGJ, June 29, p. 47). BP employs about 3,400 persons in Northeast Ohio, and...

Deutsche BP AG. (reduction in force planned) (Brief Article)
August 31, 1992... Deutsche BP AG plans to reduce its work force by more than 25% to less than 3,000 by yearend 1993 in a cost cutting move. The cuts will be mainly in refining operations and be implemented where possible through early retirement and...

Austria's. (lay offs at OMV AG) (Brief Article)
August 31, 1992... Austria's national oil company OMV AG plans to cut its work force of 6,000 employees by 1,000, OPEC News Agency reported. A rationalization program got under way in July after the company reported a loss of $45 million in the first half.

Shell Oil Co. (shareholder dispute settled) (Brief Article)
August 31, 1992... Shell Oil Co. tentatively agreed to pay former shareholders $7.8 million to settle a dispute over a dividend paid after it became a wholly owned unit of Royal Dutch/Shell Group. If approved by a Delaware judge in October, it will be the third...

Petro-Canada. (selling shares of Westcoast Energy Inc.) (Brief Article)
August 31, 1992... Petro-Canada agreed with a syndicate of Canadian underwriters to sell to the public all of its 21,071,908 common shares of natural gas pipeline operator Westcoast Energy Inc., Vancouver, B.C., for about $342 million (Canadian), representing...

ANR Pipeline Co. (contract) (Brief Article)
August 31, 1992... ANR Pipeline Co. chose not to renew its letter of intent with United Pipe Line Co. to build the SunCoast pipeline (OGJ, Dec. 9, 1991, p. 44) but said it will build its own intrastate line to move Mobile Bay gas to Florida. ANR'S SunShine line...

British Gas plc. (planning cogeneration plant at Thai Olefins petrochemical complex) (Brief Article)
August 31, 1992... British Gas pie and Tractebel of Belgium plan to build, own, and operate a $340 million gas fired cogeneration plant at Thai Olefins Co.'s petrochemiCal complex at Mab Ta Phud, Thailand. The plant will produce 160,000 kw of electricity and...

U.S. Environmental Protection Agency. (standards set for handling used motor oil) (Brief Article)
August 31, 1992... U.S. Environmental Protection Agency issued rules setting standards for handling used motor oil but not under strict hazardous waste handling rules. EPA said only 10% of the nation's 190 million gal/year of used motor oil is recycled....

Hurricane shuts down gulf activity. (Hurricane Andrew; Gulf of Mexico)
August 31, 1992... Producers in the Gulf of Mexico and plant operators in South Louisiana last week were checking for damage wrought by Hurricane Andrew. The killer hurricane, its winds clocked at as much as 164 mph, blasted across southern Florida Aug. 24...

Computer program designs packed columns. (packed absorption or stripping columns)
August 31, 1992... A Basic program for IBM PC-compatible computers optimizes the design of packed absorption or stripping columns with respect to operating and installation costs. The program provides a plot of column costs as a function of...

Automating hot-oil line first step in nationwide system. (Chinese Pipeline, part 1)
August 31, 1992... Design and installation of a pipeline automation system in China by Novacorp International Consulting Inc., Calgary, illustrates the experience of a North American company in that country. This first of two articles on the recently...

Special liner design improves dual lateral horizontal well.
August 31, 1992... The use of multiple horizontal sections from a single vertical well bore has increased well potential and improved the economics of producing the Austin chalk. The vertically fractured Austin chalk formation in central Texas is difficult to...

Acid treatment removes zinc sulfide scale restriction.
August 31, 1992... Removal of zinc sulfide (ZnS) scale with acid restored an offshore Louisiana well's production to original rates. The zinc sulfide scale was determined to be in the near well bore area. The selected acid had been proven to control iron...

Camco Products & Services. (contract) (Brief Article)
August 31, 1992... Camco Products & Services, Houston, Tex., has announced the appointment of PETROSERVE S.A. as their exclusive sales representative in Brazil.

Carpathian Petroleum Inc. (contract) (Brief Article)
August 31, 1992... Carpathian Petroleum Inc., Houston, and UKRNEFT, Kiev, Republic of Ukraine, have signed a protocol agreement to form a joint venture for increasing the oil recovery from the Bitkovskoye oil field, located in the Nadvornaya district of Western...

Petrolite Corp. (Quaker Chemical Corp.'s SULFA-SCRUB product distribution rights acquired) (Brief Article)
August 31, 1992... Petrolite Corp., St. Louis, Mo., has acquired the exclusive right to distribute Quaker Chemical Corp.'s SULFASCRUB(R) products in petroleum industry markets and will service and sell products incorporating this technology in such markets. ...

Well-Flow Technologies, Inc. (personnel selection) (Brief Article)
August 31, 1992... Well-Flow Technologies, Inc., Houston, Tex., has named Robert L. Sloan president, replacing Arnold Singer who has retired. Kenneth J. Dorman has been named executive vice president and chief executive officer. J. Scott Reynolds, currently...

Geochemical analyses may indicate oil kitchen near Seychelles bank.
August 31, 1992... The regular occurrence of tarballs on beaches in the Seychelles archipelago attests to the presence of a mature and generating hydrocarbon kitchen in the Mesozoic succession on and/ or adjacent to the Seychelles bank. Since 1978 many tarballs...

Guilmette oil well reopens Nevada's Bacon Flat field. (Brief Article)
August 31, 1992... Production has been reestablished in a former one well Nevada field at a new completion that flowed clean oil through tubing natural at a rate of 225 bbl/hr on a short initial test. Balcron Oil Co., Billings, Mont., a division of...

World well numbering standard to be developed. (American Association of Petroleum Geologists)
August 31, 1992... An industry subcommittee has formulated a proposal for a worldwide well number standard and has issued a request for quote to develop the proposal. The American Association of Petroleum Geologists database standards subcommittee reviewed...

Papuan reserves estimated at 340-411 million bbl. (Papua New Guinea, oil reserves) (Brief Article)
August 31, 1992... Proved and probable reserves of Papua New Guinea's potentially viable fields are placed at 340 million st-tk bbl recoverable of an stimated 791 million bbl of proved and probable oil in place. If the possible category were included, the...

Charles G. McConnell. (selected president of Mapco Natural Gas Liquids) (Brief Article)
August 31, 1992... Charles G. McConnell has been named president of Mapco Natural Gas Liquids Inc., Tulsa. He was president of Mapco Gas Products Inc., subsidiary of Natural Gas Liquids. S. Fred Isaacs, president of Mapco Transportation, subsidiary of Natural...

The value of Canadian oil industry mergers and acquisitions increased 71% in the first half. (Brief Article)
August 24, 1992... Consolidating and streamlining operations in the U.S. and Canada continue to swell merger and acquisition opportunities in both nations. A glut of properties exists in the U. S. (see story, p. 16), but M&A action continues to grow in...

Alberta, Ottawa, and Husky agreed to cover the latest. (Saskatchewan heavy oil upgrader cost overrun covered by the two governments and Husky Oil Co.) (Brief Article)
August 24, 1992... Alberta. Ottawa, and Husk agreed to cover the latest, $190 million (Canadian), cost overrun at a Saskatchewan heavy oil upgrader that is almost complete. The Saskatchewan government, fourth partner in the project, refused to pay additional...

Unocal may sell its Imperial Valley, Calif., geothermal energy assets as part of its restructuring program. (Brief Article)
August 24, 1992... Unocal may sell its Imperial Valley, Calif., geothermal energy assets as part of its restructuring program. The company has interests in Brawley, Holtville, Salton Sea, Truckhave, and Wister areas, and geothermal operations at the southern...

But Unocal is pressing geothermal development in Indonesia. (Brief Article)
August 24, 1992... But Unocal is pressing geothermal development in Indonesia, where electricity shortfalls have led the government to emphasize power development. Unocal plans with Pertamina to build two geothermal power plants at Mount Salak in West Java with...

Amoco's Yorktown, Va., refinery is conducting the first commercial production test. (ethyl tertiary butyl ether production tests) (Brief Article)
August 24, 1992... Amoco's Yorktown, Va., refinery is conducting the first commercial production test, 400-500 b/d, of ethyl tertiary butyl ether. Until now, ETBE has been produced only in laboratory test units. "Our goal is to prove there are no technical...

Deregulation continues to change the face of the U.K. gas industry. (Brief Article)
August 24, 1992... Deregulation continues to change the face of the U.K. gas industry. Amerada Hess Gas Ltd. has joined with coal and fuel oil supplier British Fuels Group Ltd. to sell gas directly to Scottish end users as the latest partnership targeting...

British Gas is to open its storage facilities to third party use under the latest ruling from government regulator Ofgas. (United Kingdom Office of Gas Supply) (Brief Article)
August 24, 1992... British Gas is to open its storage facilities to third party use under the latest ruling from government regulator Ofgas. The company is writing to rival gas suppliers, giving details of available facilities. Price is in dispute as BG pushes...

Czechoslovakia may replace a 279 mile natural gas pipeline in the Slovak republic. (Brief Article)
August 24, 1992... Czechoslovakia may replace a 279 mile natural gas pipeline in the Slovak republic. The Brotherhood pipeline, built in the mid-1960s by the Soviets, extends from the Ukraine border across the Slovak republic, supplying gas throughout...

Lithuania's parliament leader says Russia has halted crude shipments to the 240,000 b/d Mazheikiai refinery, the nation's only one. (Brief Article)
August 24, 1992... Lithunia's parliament leader says Russia has halted crude shipments to the 240,000 b/d Mazheikiai refinery, the nation's only one. He says the oil quota Russia allocated to Lithuania been used up and sees no reason to believe Moscow will...

Moldova is prepared to buy oil and gas from Iran. (Brief Article)
August 24, 1992... Meantime, the former Soviet republic of Moldova is prepared to buy oil and gas from Iran, says President Mircha Snegur. Moldova has no commercial hydrocarbon production. Russia and Ukraine have stopped pipeline deliveries of natural gas to...

Talks by Elf, Total, and Baghdad about E&D in Iraq have entered a "very advanced" stage. (Elf Aquitaine Oil and Gas, Total Compagnie Francaise de Petroles, oil exploration and development) (Brief Article)
August 24, 1992... Talks by Elf, Total, and Baghdad about E&D in Iraq have entered a "very advanced" stage, reports Agence France Presse. Iraqi Deputy Oil Minister Faez Abdallah Shaheen told AFP Iraq is ready to sign contracts soon. Elf and Total confirmed...

Continued weak demand for petrochemicals is forcing Japan to keep the lid on ethylene and resin production. (Brief Article)
August 24, 1992... Continued weak demand for petrochemicals is forcing Japan to keep the lid on ethylene and resin production. The economic slowdown there forced cuts in May (OGJ, May 4, Newsletter), and Mitsubishi has reined output of polyethylene for August...

Soaring LNG demand in Japan has spurred Japan's Transport Ministry to call on Japan Development Bank to boost financing for construction of LNG carriers. (Brief Article)
August 24, 1992... Soaring LNG demand in Japan has spurred Japan's Transport Ministry to caLL on Japan Development Bank to boost financing for construction of LNG carriers. The ministry, expecting increased demand for LNG carriers and a squeeze in carriers of...