The Oil and Gas Journal articles from February 2002

The Oil and Gas Journal archives from February 2002

Newsletter.(Russia, OPEC face standoff over oil production cuts)(Brief Article)(Statistical Data Included)
February 25, 2002... Market Movement Stage is set for another Russia-OPEC standoff The stage is being set for another standoff between Russia and OPEC over production cuts. A bigger question might be whether any potential market share war will come...

US imports of LNG. (Industry Trends).(liquefied natural gas)(Brief Article)(Statistical Data Included)
February 25, 2002... US IMPORTS OF LNG have plummeted since September with the collapse of domestic gas prices and increased security concerns about offloading such cargoes in the wake of the Sept. 11, 2001, terrorist attacks on the US. "The US received only...

Asian refiners. (Industry Trends).(petroleum refining; high supply, low demand)(Brief Article)
February 25, 2002... ASIAN REFINERS are being placed in a squeeze, according to Boston-based Energy Security Analysis Inc. "The Asian crude oil markets are struggling with comparatively strong sour crudes, ample product supplies, and slow demand growth," ESAI...

Profitability for light Olefins. (Industry Trends).(forecast)(Brief Article)
February 25, 2002... PROFITABILITY FOR LIGHT OLEFINS will continue to fall this year, predicts Chemical Market Associates Inc. In its 2002 World Light Olefins Analysis, CMAI said producers must contend with a significant build-up of surplus capacity in the...

The transportation infrastructure. (Government Developments).(Iran lacks delivery system for oil and natural gas markets)(Brief Article)(Statistical Data Included)
February 25, 2002... IRAN is positioned to be a major factor in world energy markets over the next decade if it can develop the transportation infrastructure to deliver its oil and natural gas to market. Iran has huge energy assets, including 9% of the...

Interstate natural gas. (Government Developments).(pipeline integrity rule debated)(Brief Article)
February 25, 2002... INTERSTATE NATURAL GAS pipeline operators would likely support the development of a gas pipeline integrity rule but are concerned about potentially having to conduct inspections under constrained timeframes, among other things. These...

Deep water action. (Quick Takes).(Gulf of Mexico pipelines planned by BP PLC)(Brief Article)(Statistical Data Included)
February 25, 2002... DEEP WATER ACTION tops pipeline news. BP PLC and others have outlined plans for construction of three crude oil pipelines that will carry oil production from major deepwater discoveries, including Crazy Horse field, which has been renamed...

Blue Stream Pipeline Co. (Quick Takes).(completes underwater portion of pipeline)(Brief Article)(Statistical Data Included)
February 25, 2002... Elsewhere, Blue Stream Pipeline Co. BV--a 50-50 joint venture of Italy's ENI SPA and Russia's OAO Gazprom--completed laying two subsea lines of the Blue Stream natural gas pipeline, which will connect Russian gas fields to Turkey via the...

Dolphin Energy. (Quick Takes).(awards pipeline engineering contract to Sofresid S.A. and Foster Wheeler Ltd.)(Brief Article)
February 25, 2002... UPSTREAM FACILITIES contracts have been awarded in the Dolphin project to supply gas from Qatar's giant offshore North field to Abu Dhabi and Dubai. Dolphin Energy, which operates the $3.5 billion Dolphin gas project, awarded a joint...

Shell Exploration & Production Co. (Quick Takes).(reports completion of subsea installation by Stolt Offshore)(Brief Article)(Statistical Data Included)
February 25, 2002... In other development activity, Stolt Offshore completed a deepwater subsea-to-subsea installation for Shell Exploration & Production Co.'s Einset project in the Gulf of Mexico. The installation of a flowline and an umbilical tied a deepwater...

OAO NK Yukos and MOL PLC. (Quick Takes).(form joint venture exploration of Western Siberian oil field)(Brief Article)
February 25, 2002... TWO COMPANIES have agreed to jointly further develop Zapadno-Malobalysk field in Western Siberia within the KhantyMansiysk Autonomous Region. Russia's OAO NK Yukos and Hungarian company MOL PLC plan a joint venture in which they will...

TotalFinalElf. (Quik Takes).(to end gas flaring in Nigerian production center)(Brief Article)
February 25, 2002... Elsewhere on the production front, TotalFinalElf said it would end gas flaring at its oil production center in Nigeria by yearend in a plan that is in line with a gas monetization policy The company also intends to end gas flaring offshore by...

SOCO Vietnam Ltd. (Quick Takes).(sells part interest in oil field to PTT Exploration & Production Company Ltd.)(Brief Article)
February 25, 2002... SOCO VIETNAM Ltd. has farmed out part of its interest in two blocks off Viet Nam to PTT Exploration & Production Co. Ltd., an affiliate of partially privatized Thai company PTT PLC (formerly Petroleum Authority of Thailand). PTTEP will...

Perenco PLC. (Quick Takes).(discovers oil off coast of Gabon)(Brief Article)(Statistical Data Included)
February 25, 2002... In other exploration news, Perenco PLC, London, has discovered oil in 21 m of water off Gabon. On test, the discovery well, GSA-1, flowed 6,300 b/d of dry oil from a 110 m gross hydrocarbon column at a 910-1,020 m depth in the Ozouri...

Peruvian state oil company Petroperu. (Quick Takes).(Brief Article)(Statistical Data Included)
February 25, 2002... PLANT UPGRADES lead refinery news. Peruvian state oil company Petroperu has awarded a $20 million contract for the upgrade of its 62,000 b/d Talara refinery to a consortium of Venezuelan company Otepi Consultores and Peruvian company...

Feyzin refinery. (Quick Takes).(TotalFinaElf plans improvements at Feyzin, France refinery)(Brief Article)(Statistical Data Included)
February 25, 2002... Elsewhere, TotalFinaElf plans a 5-year, 70 million euro program to revamp its 114,000 b/d Feyzin refinery in the Rhone Valley in eastern France. The work will be performed during two shutdowns. From Mar. 25 to Apr. 26, the Feyzin cat...

Frontier Oil Corp. (Quick Takes).(boosts capacity in El Dorado, Kansas)(Brief Article)(Statistical Data Included)
February 25, 2002... In other refinery happenings, Frontier Oil Corp. announced plans to boost capacity at its El Dorado, Kan., refinery from 110,000 b/d to 118,000 b/d and increase the plant's coker capacity to 2,200 b/d. The expansion will cost $25.9 million--$...

In retail marketing. (Quick Takes).(British Petroleum)(Brief Article)
February 25, 2002... IN RETAIL marketing, BP began marketing sulfur-free unleaded fuel and sulfur-free diesel at 1 8 BP-branded retail stations in the Edinburgh area on Feb. 18. BP said Edinburgh is the first city in the world to offer both of the fuels,...

Drill it cheaper, faster. (Journally Speaking).(petroleum)(Brief Article)(Statistical Data Included)
February 25, 2002... The petroleum industry at a glance reveals depressed commodity prices and worldwide rig counts that have dropped significantly from the highs of 2001. With oil demand outlook weakening, the industry must weigh possible world economic...

The climate-change trap. (Editorial).(Brief Article)(Editorial)
February 25, 2002... The administriation of US President George W Bush stepped into a trap this month with its proposed alternative to the Kyoto protocol on climate change. Did it somehow believe that global-warming alarmists would reciprocate its half step...

Earnings droop in 2001 for many US oil and gas firms. (General Interest).(Statistical Data Included)
February 25, 2002... US oil and gas firms posted sharply lower financial results for the fourth quarter and full-year 2001. A sagging economy exacerbated the flabby supply and demand fundamentals that pulled down oil, natural gas, and petroleum product...

Enemy incentives tax bill passes Senate Committee. (General Interest).(Brief Article)(Statistical Data Included)
February 25, 2002... A new bipartisan $14 billion US energy tax bill has passed the Senate Finance Committee. Lobbyists say it is unclear where the budget offsets will come to pay for the measure, which contains about $4 billion in credits and incentives for the...

Open markets. (Watching Government).(gas and electricity)(Brief Article)(Statistical Data Included)
February 25, 2002... As policy-makers look to avoid another Enron Corp. mess, the regulatory spotlight could turn toward improving energy market transparency. Regulators say gas and electric markets continued to function despite Enron's financial woes. But...

Industry sees second half 2002 oil, gas markets rebound. (General Interest).(Statistical Data Included)
February 25, 2002... Industry executives and analysts apparently are convinced that both international oil and US natural gas markets will rebound in the second half of this year. "Long term, we believe the fundamentals for natural gas have not changed, so...

Deep in the forest. (Watching the World).(Sherwood Forest, United Kingdom)(Brief Article)
February 25, 2002... Hidden away in a clearing in the UK's Sherwood Forest, the home of the legendary Robin Hood and his merry men, is a striking memorial statue to a group of more real--if less famous--heroes: the US oilmen who served during World War II to...

Demand, supply will determine when world oil output peaks. (Exploration & Development).(Statistical Data Included)
February 25, 2002... Projecting the availability and cost of oil 2 0-40 years out is an important but uncertain task. Periodically various authors project a significant shortfall of oil availability within a few years. A recent example is a March 1998...

Correction.
February 25, 2002... Errors appeared in a table, "A 30 year record of US well completions" (OGJ, Jan. 28, 2002, p. 86). Total wells and total exploratory wells figures for 2002 and 2001 were reversed in the table. The correct estimates, to correspond with...

Kazakhstan. (Exploration & Development).(Hurricane Hydrocarbons Ltd.)(Brief Article)(Statistical Data Included)
February 25, 2002... The first well of a planned six deep play exploration wells on License 260 Dl in the South Turgai basin provided encouragement, said Hurricane Hydrocarbons Ltd., Calgary. Drilled to 2,265 m, North Nurali-l flowed 47.60 gravity, low sulfur...

Philippines. (Exploration & Development).(Phillipine National Oil Co.)(Brief Article)(Statistical Data Included)
February 25, 2002... Philippine National Oil Co. has an indicated gas discovery at the Victoria-3 well in Tarlac Province, Luzon, 100 kin north of Manila. PNOC drilled to 9,000 ft, and press reports said the well flared gas continuously for several days from...

New Brunswick. (Exploration & Development).(EOG Resources Canada Inc.)(Brief Article)
February 25, 2002... McCully gas field appears to have been extended to the northeast. EOG Resources Canada Inc.'s McCully D-48, 3 km northeast of the discovery well, cut a net 20 in of gas bearing sands, said Corridor Resources Inc., Halifax. Tests are...

Ghawar field gas well completions-2: Diagnostics evaluate fracture effectiveness in Saudi Arabia's Jauf reservoir. (Drilling & Production).(Statistical Data Included)
February 25, 2002... Mohammed Y. Al-Qahtani Saudi Arabian Oil Co. (Saudi Aramco) has initiated a hydraulic fracturing program to enhance productivity and reduce or eliminate sand production from the unconsolidated sandstone layers in the Jauf reservoir of...

Gas injection project set for Abu Dhabi offshore field. (Drilling & Production).(Abu Dhabi Marine Operating Co lets contract to Halliburton KBR)(Brief Article)(Statistical Data Included)
February 25, 2002... Abu Dhabi Marine Operations Co. (ADMA-OPCO) awarded a major gas injection project to expand the output of Zakum oil field, one of its main fields off Abu Dhabi. The OPEC news service said the contract went to Halliburton KBR, formerly...

Asian markets present little near-term opportunity for GTL fuels. (Processing).(Statistical Data Included)
February 25, 2002... Although the future of gas to liquids (GTL) is promising, the industry seems to be over-doing it with grandiose plans. About 300,000 to 400,000 b/d of GTL diesel may be in the marketplace within 5 years. In Asia, a major potential market,...

Advanced application enhances operation for US Gulf Coast gas pipeline. (Transportation).(Statistical Data Included)
February 25, 2002... Florida Gas Transmission Co., joint venture of Enron Corp. and El Paso Corp., both of Houston, has employed advanced applications for pipeline modeling and simulation to increase sustainable deliveries by 4% without additional compression or...

Drilling efficiencies learned, applied to Burgos basin development. (Practical Drilling Technology).(PD Mexicana, lead contractor for Petroleos Mexicanos oil field development)(Statistical Data Included)
February 25, 2002... As part of a 5-year investment program the Mexican government approved in early 2001, Petroleos Mexicanos (Pemex) is aggressively developing Mexico's hydrocarbon producing regions to meet the country's rising energy demand. The Burgos...

Innovative 3D visualization tool promotes development-drilling efficiency. (Practical Drilling Technology).
February 25, 2002... In today's upstream exploration and production industry, companies are placing much greater emphasis on improving collaboration between asset teams to more efficiently evaluate economics and risk factors involved in prospect development. ...

High-strength lightweight blend improves deepwater cementing. (Practical Drilling Technology).(Illustration)(Statistical Data Included)
February 25, 2002... Successful cement jobs, providing good zonal isolation and adequate casing and wellhead support, become difficult goals to achieve at water depths greater than 2,000 m. Operators must overcome several challenges: * Ultralow cementing...

New line at reagent vials for chemical oxygen demand. (Equipment/Software/Literature).(CHEMetrics Inc.)(Brief Article)
February 25, 2002... Here's a new line of reagent vials for performing chemical oxygen demand (COD) analysis. New since January 2002, in addition to its 30-count packs, the company offers 150-count packs for the 0-150 and 0-1,500 ppm ranges and 100-count...

Improved equipment tar gasoline oxygenate analysis. (Equipment/Software/Literature).(Agilent Technologies Inc.)(Brief Article)
February 25, 2002... Improvements in this firm's equipment and procedure meet or exceed the American Society for Testing and Materials D48 15 method of oxygenate in gasoline analysis. The improvements help make backflush time more reproducible and easier to...

Printer program handles seismic data. (Equipment/Software/Literature).(AutoGraph International Inc.)(Brief Article)
February 25, 2002... Newly released EasyCopy 7.0 offers a program suite of image communication tools for screen capture, conversion, and printing. It handles seismic data for viewing and converting as easily as it can print or send an image, the company...

Rope designed for marine operations. (Equipment/Software/Literature).(Ultrex rope from Yale Cordage)(Brief Article)
February 25, 2002... Ultrex single braid, incorporates high technology fibers into high performance rope. Ultrex, which is made of Dyneema SK75 fiber, combines light weight, high strength, low stretch, and buoyancy, and is designed for marine applications...

New combustible gas monitar. (Equipment/Software/Literature).(Sierra Monitor Corp.)(Brief Article)
February 25, 2002... The new Model 2001 combustible gas monitor is a compact, solid-state, fixed-installation, single alarm version. It performs continuous area monitoring of combustible gas in the 500-10,000 ppm methane range. Output features include LED...

Dresser Inc. (Services / Suppliers).(appoints J. Scott Matthews senior vice president, corporate development)(Brief Article)
February 25, 2002... Dallas, has named J. Scott Matthews as senior vice-president of corporate development. Matthews has over 22 years of industry experience. He holds a BS degree in finance from the University of California-Berkeley, and an MBA in international...

Intergraph process, power and offshore. (Services / Suppliers).(Brief Article)
February 25, 2002... Huntsville, Ala., is the new name for the Process & Building Solutions division of Intergraph Corp. The division continues its 23-year history of industry expertise and pioneering engineering, design, materials and information management...

Layne Christensen Co. (Services / Suppliers).(appoints Colin B. Kinley division president)(Brief Article)
February 25, 2002... Mission Woods, Kan., has announced the appointment of Colin B. Kinley as president of its Specialty Products & Services Division. He is responsible for the division's management and growth, directing specialized drilling and technical...

Mustang Engineering L.P. (Services / Suppliers).(appoints William L. Helms as executive corporate sponsor)(Brief Article)
February 25, 2002... Houston, has announced the appointment of William L. Helms as executive corporate sponsor on major contracts for the senior project management group. Helms, who has 33 years of experience in the engineering and construction industry, served...

UWG Group. (Services / Suppliers).(hires Tom Leeson, Duncan Fell)(Brief Article)
February 25, 2002... Norwich and Aberdeen, UK, has appointed Tom Leeson as general manager of equipment, sales, and rental division; and Duncan Fell as technical sales engineer. The appointments coincide with the opening of UWG's new facilities in city center of...

OGJ production report.
February 25, 2002... OGJ PRODUCTION REPORT 2-15-02 (1) 2-16-01 (2) 1,000 b/d (Crude oil and lease condensate) Alabama 27 26 Alaska ...

US crude prices.(crude petroleum)(Brief Article)(Illustration)(Statistical Data Included)
February 25, 2002... US CRUDE PRICES $/bbl (*) 2-15-02 Alaska-North Slope 27[degrees] 8.92 Southern Louisiana Light 21.25 California-Kern River 13[degrees] 15.25 Lost Hills 30[degrees] ...

World crude prices.(crude petroleum)(Brief Article)(Statistical Data Included)
February 25, 2002... WORLD CRUDE PRICES $/bbl (1) 2-8-02 United Kingdom-Brent 38[degrees] 20.09 U.S.S.R-Expert blend 32[degrees] 18.54 Saudi Light 34[degrees] 17.70 Dubai Fateh 32[degrees]...

Baker hughes rig count.(oil rig statistics, United States)(Brief Article)(Statistical Data Included)
February 25, 2002... BAKER HUGHES RIG COUNT 2-15-02 2-16-01 Alabama 4 6 Alaska 16 12 Arkansas 1 6 California 20 28 Land ...

Smith rig count.(oil rigs, statistics)(Brief Article)(Statistical Data Included)
February 25, 2002... SMITH RIG COUNT 2-15-02 2-16-01 Proposed depth, Rig Percent Rig Percent ft count footage (*) count footage (*) 0-2,500 49 ...

OGJ gasoline prices.(United States)(Brief Article)(Statistical Data Included)
February 25, 2002... OGJ GASOLINE PRICES (Approx. prices for self-service unleaded gasoline) Price Pump Pump ex tax price (*) price 2-13-02 2-13-02 2-14-01 ...

Refined product prices.(gasoline, heating oil, fuel oil; international prices)(Brief Article)(Statistical Data Included)
February 25, 2002... REFINED PRODUCT PRICES Spot market product prices 2-8-02 cents/gal Motor gasoline (Conventional-regular) New York Harbor 54.65 Gulf Coast ...

US natural gas storage (1).(statistics)(Brief Article)(Statistical Data Included)
February 25, 2002... US NATURAL GAS STORAGE (1) 2-8-02 2-1-02 Change Bcf Producing region 652 696 -44 Consuming region east 1,224 1,321 -97 Consuming...

World oil balance.(supply and demand; statistics)(Brief Article)(Statistical Data Included)
February 25, 2002... WORLD OIL BALANCE 2001 2000 3rd 2nd 1st 4th 3rd qtr. qtr. qtr. qtr. qtr. ...

US petroleum imports from source country.(Brief Article)(Statistical Data Included)
February 25, 2002... US PETROLEUM IMPORTS FROM SOURCE COUNTRY Average Chg. vs. Oct. Sept. YTD previous year 2001 2001 2001 ...

OECD (*) net oil imports.(Brief Article)(Statistical Data Included)
February 25, 2002... OECD (*) NET OIL IMPORTS Aug. July June Aug. 2001 2001 2001 2000 1,000 b/d Canada -775...

OECD (*) imports from OPEC.(Organization of Petroleum Exporting Countries, imports, world)(Brief Article)(Statistical Data Included)
February 25, 2002... OECD (*) IMPORTS FROM OPEC Aug. July June Aug. 2001 2001 2001 2000 1,000 b/d Canada 314 ...

Oil stocks in OECD (*) countries.(Brief Article)(Statistical Data Included)
February 25, 2002... OIL STOCKS IN OECD (*) COUNTRIES Sept. Aug. July Sept. 2001 2001 2001 2000 Million bbl France ...

Market movement. (Newsletter).(worldwide oil production, including country and region)(Brief Article)(Statistical Data Included)
February 18, 2002... Worldwide oil production falls IEA's initial estimates of worldwide oil production since output reduction pledges went into effect Jan. 1 show that it dropped 510,000 b/d last month from an average of 76.8 million bid in December. ...

US industry scoreboard -- 2/18.(crude oil, oil products demand, supply, refining,)(Brief Article)(Statistical Data Included)
February 18, 2002... US INDUSTRY SCOREBOARD -- 2/18 4 wk. 4 wk. avg. Change, YTD Latest week 2/8 average year ago (1) % average (1) Demand, 1,000 b/d Motor gasoline 8,327 8,104...

A new safety trend. (Industry Trends).(energy firms bolster security)(Brief Article)
February 18, 2002... A NEW SAFETY TREND among energy firms will be the strengthening of security against terrorism at corporate headquarters, field sites, and travel routes, said a panel of safety specialists at IADC's annual health, safety, environment, and...

Oil Industry. (Government Developments).(update of federal reformulated gasoline porgram)(Brief Article)
February 18, 2002... OIL INDUSTRY and ethanol interests are seeking a compromise as to how the US Congress should update the federal reformulated gasoline (RFG) program, said stakeholders and congressional sources Feb. 11 (see Editorial, p. 19). Senate Majority...

Johnnie Burton. (Government Developments).(new director of the U.S. Minerals Management Service)(Brief Article)
February 18, 2002... JOHNNIE BURTON, head of the Wyoming Department of Revenue, has been named director of the US Minerals Management Service effective Mar. 15. The post does not require Senate confirmation. Before her Wyoming cabinet position, Burton was...

Kerr-Mcgee. (Quick Takes).(Nansen field production)(Brief Article)(Statistical Data Included)
February 18, 2002... KERR-MCGEE is rapidly ramping up deepwater oil production in the Gulf of Mexico. Production began Jan. 28 from the first of three deepwater wells in Nansen field, said Kerr-McGee. Nansen production is expected to peak at 40,000 b/d...

FMC Energy Systems. (Quick Takes).(gets contract from Kerr-McGee)(Brief Article)
February 18, 2002... Separately, Kerr-McGee has selected FMC Energy Systems, a unit of FMC Technologies, to provide subsea trees and associated services for development of Gunnison field in the deepwater gulf. Gunnison--which lies in 3,100 ft of water on Garden...

ExxonMobil. (Quick Takes).(Larut field, Malaysia, brought onstream)(Brief Article)
February 18, 2002... Elsewhere on the production front, ExxonMobil has brought on stream Larut field, which is on Block PM5 about 125 miles off Terengganu, Malaysia. Peak production from Larut--the first development on PM5--is expected to reach 30,000 b/d of oil...

Canadian Natural Resources Ltd. (Quick Takes).(begins oil production, Espoir field, Ivory Coast)(Brief Article)(Statistical Data Included)
February 18, 2002... Canadian Natural Resources Ltd. (CNRL) started oil production from one well a Espoir field on CI-26 off Ivory Coast. Production of 8,500 b/d of oil is flowing to the Espoir Ivoirien floating production, storage, and offloading vessel and will...

Halliburton International. (Quick Takes).(gets oil field services contract from Sibneft)(Brief Article)
February 18, 2002... Halliburton International and Russia's Sibneft signed an agreement described as being valued at "tens of millions of dollars" for Halliburton to provide a full range of oil field services to Sibneft's upstream division, which is producing...

Kwerner oilfield products. (Quick Takes).(Brief Article)
February 18, 2002... DEVELOPMENT of Kristin field in the Norwegian Sea continues apace. Statoil has awarded a 1 billion kroner ($110 million) letter of intent to Kvaerner to build a subsea production system for the 17 billion kroner project. Kwerner Oilfield...

Drilling equipment manufacturer. (Quick Takes).(Brief Article)
February 18, 2002... DRILLING EQUIPMENT MANUFACTURER Tesco has entered into a joint venture with Conoco to build three drilling rigs using Tesco's casing-drilling technology. Tesco will operate the rigs for Conoco under an exclusive 2-year contract in Conoco's...

Alaska Gov. Tony Knowles. (Quick Takes).(has announced a 5-year, 20-sale area-wide leasing program for state oil and gas lands)(Brief Article)
February 18, 2002... ALASKA GOY. TONY KNOWLES has announced a 5-year, 20-sale area-wide leasing program for state oil and gas lands. Under area-wide leasing, the state offers all available state land within a geographic region. Through 2006, the state is...

The lower cretaceous flag sand. (Quick Takes).(Apache Corp. makes oil discovery)(Brief Article)
February 18, 2002... In other exploration news, Apache made an oil discovery in the Carnarvon basin off Western Australia. The Double Island-1 well found 51 ft of net column of 51[degrees] gravity oil in the Lower Cretaceous Flag sand. Apache did not flow test...

PDVSA. (Quick Takes).(Petroleos de Venezuela S.A. launches 2-year exploration program)(Brief Article)
February 18, 2002... PDVSA began a $375 million, 2-year exploration program in the Orinoco Delta--in an area that is next to Trinidad and Tobago productive acreage--155 miles off Delta Amacuro territory. PDVSA hopes to add natural gas reserves to meet internal...

Reversal. (Quick Takes).(pipeline between Croatia and Omisalj)(Brief Article)
February 18, 2002... REVERSAL of a 110.5 mile, 36-in, pipeline between Sisak, Croatia, and the port of Omisalj is all that is needed to enable Russia to export oil by yearend via an existing trans-Balkan pipeline network to the Adriatic Sea. Transneft and...

Camisea LNG. (Quick Takes).(signs contract with Hunt Oil)(Brief Article)
February 18, 2002... CAMISEA LNG prospects continue to brighten. Hunt Oil has signed an $8.5 million basic engineering and design contract for a Camisea gas liquefaction plat with Halliburton KBR. The contract is part of a technical feasibility study led...

Hydrocarbons and democracy. (Journally Speaking).(ethylene and trance of Pythia of the Oracle of Delphi)(Brief Article)
February 18, 2002... The democracy that we love today may be traced back to a crazed woman stuffed in a cave and zonked on hydrocarbon gases. Ancient history says the Greeks defended Athens against the mighty Persian Empire based upon a prophecy from the...

A dangerous compromise. (Editorial).(oil industry's compromise with ethanol interests)(Brief Article)(Editorial)
February 18, 2002... Rumors circulated last week that oil industry representatives are ready to compromise with ethanol interests over additives for reformulated gasoline. Here's hoping they're not true. Some compromises just aren't right. This is one of...

Congress, White House eye energy market oversight in Enron aftermath. (General Interest).(Brief Article)
February 18, 2002... A legislative battle is shaping in the US Congress over whether more regulatory oversight of energy markets is needed in the wake of the Enron Corp. financial debacle, according to US officials and industry lobbyists. In a series of...

FERC official proposes interagency energy market task force. (General Interest).(Federal Energy Regulatory Commission, Nora Brownell)(Brief Article)
February 18, 2002... Government agencies that oversee various aspects of US energy markets should consider forming an interagency task force to monitor new business trends in the oil, gas, and electric power markets, said Federal Energy Regulatory Commissioner...

Stalled crisis. (Watching Government).(stable energy prices)(Brief Article)
February 18, 2002... Unless the White House decides to bomb Iraq in the near future, it's likely the energy price "crisis" is temporarily over for American consumers. And those stable prices mean there is not much incentive for Congress to wade through the...

Industry groups ask for updated offshore drilling rules. (General Interest).(oil and gas companies)(Brief Article)
February 18, 2002... A coalition of US industry trade groups representing both major and independent oil and gas companies is unhappy with pending legislation designed to update federal coastal zoning laws. They say the bill may further discourage offshore...

CERA: Executives assess energy industry risks. (General Interest).(Cambridge Energy Research Associates)(Brief Article)
February 18, 2002... In the shadow of the Sept. 11, 2001, terrorist attacks on New York and Washington, DC, "our greatest new risk could be failing to take the old risks essential to earning the rewards of our business and supplying our customers, Peter J....