The Oil and Gas Journal articles from September 2002

The Oil and Gas Journal archives from September 2002

Market movement. (OGJ News Letter).(crude oil prices and the threat of war in Iraq)
September 2, 2002... Iraqi war poses less threat to E&P stocks this time If the US takes military action against Iraq, oil prices probably will tumble as other members of the Organization of Petroleum Exporting Countries again increase production to offset the...

Texas Engineering Experiment Station (TEES). (Industry Trends).(develops new gas-to-liquids technology)(Brief Article)
September 2, 2002... A NEW, PATENTED gas-to-liquids technology for converting stranded and associated natural gas into hydrocarbon liquids has been announced by Texas A&M University's Texas Engineering Experiment Station (TEES), the state's engineering research...

National Association of Manufacturers. (Government Developments).(lobbying efforts)(Brief Article)
September 2, 2002... WITH CONGRESS EXPECTED back from a month-long recess in early September, industry groups are gearing up for a final lobbying push on energy reform legislation. Representing a wide cross-section of industry interests, including producers, the...

Kerr-McGee Corp. (Quick Takes).(offshore gas production platform; contract with Technip Offshore)(Brief Article)
September 2, 2002... KERR-MCGEE CORP., which will operate Red Hawk natural gas field, along with 50:50 joint venture partner Ocean Energy Inc. , selected Technip Offshore Inc. to construct the world's first cell spar production platform, which will be used in the...

BP PLC. (Quick Takes).(Mentor Subsea Technology Services, oil production equipment contract)(Brief Article)
September 2, 2002... Other field developments in the gulf received a push forward with recent contracts awarded for subsea flowlines and other development facilities, BP PLC, operator of Aspen field, awarded a $15 million contract to J. Ray McDermott Inc....

BP America Production Co. (Development).(Technip Offshore Contractors Inc., pipeline contracts)(Brief Article)
September 2, 2002... Also showing progress in the gulf, Paris-based TechnipCoflexip's US unit, Technip Offshore Contractors Inc.--formerly Cofiexip Stena Offshore Inc.--received two contracts for installation of deepwater field flowlines. TotalFinalElf SA...

Kawasaki Steel Corp. (Quick Takes).(steel pipe contract for Statoil in Norwegian Sea)(Brief Article)
September 2, 2002... Elsewhere in offshore field development, Statoil ASA is expected to award a contract later this month for construction of the Kristin field platform hull in the Norwegian Sea, while contracts for the flare boom and riser module will likely be...

BG Group PLC. (Development).(Hibiscus field off of Trinidad is producing gas)(Brief Article)(Statistical Data Included)
September 2, 2002... BG GROUP PLC reported that Hibiscus field, in the North Coast Marine Area (NCMA) off the north coast of Trinidad, has produced first gas into the newly commissioned Train 2 at Atlantic LNG Co. (ALNG) of Trinidad & Tobago Ltd.'s complex at Point...

Aromatics (Thailand) PLC (ATC). (Petrochemicals).(plant expansion)(Brief Article)
September 2, 2002... AROMATICS (THAILAND) PLC (ATC), the operator of Thailand's first aromatics complex, has decided to embark on a $25 million scheme to further expand its production capacity, by 13,27%, to 1.1 million tonnes/year. The firm recently completed...

BJ Process & Pipeline Services (BJ PPS). (Pipelines).(Brief Article)
September 2, 2002... THE FIRST PERMANENT PIPELINE infrastructure in the West of Shetlands area of the North Atlantic margin has been commissioned. Pipeline engineering, testing, and commissioning operations have been successfully completed for the new line, which...

Fluor Corp. (Quick Takes).(gets engineering contract for OMV refinery)(Brief Article)
September 2, 2002... AUSTRIA'S OMV AG awarded a $15 million contract to Fluor Corp., Aliso Viejo, Calif., for engineering, procurement, and construction management services for the upgrade of OMV's clean diesel and gasoline units at its 208,600 b/d refinery at...

Irving Oil Ltd. (Refining).(planning cogeneration plant with TransCanada Energy)(Brief Article)
September 2, 2002... Meanwhile, in Canada, Irving Oil Ltd.. St. John, NB, and TransCanada Energy Ltd., a unit of TransCanada PipeLines Ltd., Calgary, plan to build an $80 million cogeneration plant at Irving Oil's refinery at St. John. The proposed facility, to be...

Letters.(analysis on global warming)(Brief Article)
September 2, 2002... We can't handle the truth At last! Someone has mentioned the Emperor's new clothes on the subject of Global Warming. Mr. Tom Creswell, process engineer, has outlined a reasoned scientific approach to identify sources and ultimately some...

Catalysts of change. (Journally Speaking).(gas refiners; gasoline sulfur)(Brief Article)
September 2, 2002... A number of environmental regulations coming into force in the next few years will compel refiners to rethink their operations and future capital investments. Refiners will increasingly rely on new catalyst formulations and technologies to...

Development and poverty. (Editorial).(United Nations World Summit on Sustainable Development)(Brief Article)
September 2, 2002... At the United Nations World Summit on Sustainable Development last week in Johannesburg, South Africa, attention held fast, though not without distraction, to the problem of poverty. For international meetings on weighty global issues, it...

US company second quarter, first half earnings dwindle. (General Interest).(Statistical Data Included)
September 2, 2002... Lower oil and gas prices coupled with weak refining margins to shrink the earnings of many US oil and gas companies during the second quarter. Oil and gas prices were stronger than during the first 3 months but still below prices posted during...

Lower oil and gas prices, weak margins trim Canadian firms' earnings. (General Interest).(Brief Article)(Statistical Data Included)
September 2, 2002... Reduced oil and gas price realizations affected financial results of oil and gas firms based in Canada, while rising feedstock costs squeezed refining margins. Of the 10 Canadian companies in the OGJ sample, only two reported improved...

STAR partners save $126 million via gas emissions cuts. (General Interest).(Brief Article)(Statistical Data Included)
September 2, 2002... Industry participants in the US Environmental Protection Agency's Natural Gas STAR program reduced methane emissions from equipment leaks and unit operations by 42 bcf in 2001, saving about $126 million, EPA said. The amount saved is based on a...

Increasing access. (Watching Government).(Boosting energy production in "appropriate" places)(Brief Article)
September 2, 2002... Congress is expected to resume C negotiations on a sweeping energy bill this month. On the table are well-publicized items of interest to industry. These include a House proposal to lease a limited portion of the Arctic National Wildlife Refuge...

Greenhouse gas emissions trading future deemed robust. (General Interest).(Brief Article)(Statistical Data Included)
September 2, 2002... The emerging greenhouse gas (GHG) emissions market is anticipated to have a robust future, with participants expecting prices to average slightly more than $5/tonne of [CO.sub.2] equivalent ([CO.sub.2]e) until 2005, before the Kyoto Protocol on...

Deepwater testing center proposed off French Riviera. (General Interest).(Brief Article)
September 2, 2002... A project to establish a deepwater facilities testing center off Toulon on the French Riviera should be ready for submission to possible financial partners within the next 2 months. The project is now at the study stage within a company...

Yergin: US energy security lies in diversified supply. (General Interest).(Daniel Yergin, chairman of Cambridge Energy Research Associates)
September 2, 2002... The US will focus more on Eurasia, West Africa, and Latin America to diversify its oil supply sources and bolster energy security in the face of increasing imports and rising Middle East tensions, contends Daniel Yergin. Yergin, chairman...

Pure evaluates Unocal offer to acquire outstanding shares. (Company News).(Pure Resources Inc., and other petroleum industry acquisitions)
September 2, 2002... Pure Resources Inc. reported late last month it wants a special committee of independent directors to evaluate a stock-swap acquisition offer from Union Oil Co. of California, a unit of Unocal Corp. New York-based Fitch Ratings valued the offer...

SPE'S Gulf Coast Section elects chairman for 2002-03. (Personnel Moves and Promotions).(Society of Petroleum Engineers, James Pappas)(Brief Article)
September 2, 2002... James Pappas has been elected to serve as chairman for the Society of Petroleum Engineers, Gulf Coast Section, for 2002-03. Currently, Pappas serves as deepwater production systems coordinator for the gulf division of Oklahoma City-based Devon...

Teton Petroleum Co. (Other Upstream Moves).(Igor Effimoff named chief operating officer)(Brief Article)
September 2, 2002... Igor Effimoff has been appointed chief operating officer of Steamboat Springs, Colo.-based Teton Petroleum Co. Teton conducts its active business solely through a 50% ownership interest in Goltech Petroleum LLC, a Texas limited liability...

TEG Oil & Gas USA Inc. (Other Upstream Moves).(Ray K. Davis named chief financial officer of Sefton Resources Inc.)(Brief Article)
September 2, 2002... Ray K. Davis has been appointed chief financial officer of Sefton Resources Inc. of Denver. Sefton, an oil and gas exploration and production company, operates through its wholly owned subsidiaries TEG Oil & Gas USA Inc. and TEG Oil & Gas...

Plains Exploration & Production Co. LP. (Other Upstream Moves).(Stephen A. Thorington named executive vice-president and chief financial officer)(Brief Article)
September 2, 2002... Stephen A. Thorington has been named executive vice-president and chief financial officer of Plains Exploration & Production Co. LP, a unit of Houston-based Plains Resources Inc. The company reported that Jere C. Overdyke will remain executive...

Anadarko Algeria Co. (Other Upstream Moves).(Rex Alman named senior vice-president)(Brief Article)
September 2, 2002... Rex Alman has been named senior vice-president, Algeria, and managing director of Anadarko Algeria Co. LLC, a wholly owned unit of Anadarko Petroleum Corp. Alman succeeds Tony Meyer, who has been appointed vice-president, international and...

Atofina Petrochemicals Inc. (Downstream Moves).(Scott McEwen named vice-president, polypropylene)(Brief Article)
September 2, 2002... Scott McEwen has been named vice-president, polypropylene, for Houston-based Atofina Petrochemicals Inc., the petrochemical branch of TotalFinaElf SA. Previously, McEwen served as director general of Atofina's joint venture FM Technologies...

Gulf of Mexico -- 3; future gulf supplies: role of the federal government. (Exploration & Development).(Brief Article)
September 2, 2002... The US Gulf of Mexico (GOM), providing 1.8 million bid of crude oil/NGLs and 14 bcfd of natural gas, has been a major source of domestic energy supplies. However, considerable uncertainty surrounds the outlook for this critical oil and gas...

Casing-conveyed perforating improves tight gas sand economics. (Production).
September 2, 2002... A casing-conveyed perforating and integral flapper valve system proved effective in developing stacked pay Beluga sands in the Kenai gas field in Alaska's Cook inlet. This well completion method consists of perforating guns mounted outside...

Electromagnetic MWD telemetry system sets depth record offshore. (Drilling).(Measurement while drilling)(Brief Article)
September 2, 2002... Shell UK Exploration & Production, an operating unit of Royal Dutch/Shell Group, used an electromagnetic measurement-while-drilling (EM-MWD) tool to transmit downhole-measured data during drilling operations from more than 14,500 ft MD (6,400...

Global refining catalyst industry will achieve strong recovery by 2005. (Processing).(Statistical Data Included)
September 2, 2002... The world oil refining and catalyst industries from 1997-2001 were analyzed to establish future trends in catalyst spending. Global spending on refining catalysts will increase to about $2.78 billion by 2005, with a growth rate of about...

Dynamic programming determines optimum catalyst life strategy. (Processing).(Brief Article)
September 2, 2002... A well-established mathematical algorithm known as dynamic programming, combined with advances in personal computing power, now allows straightforward optimization of fixed-bed catalyst life strategy. This article uses an FCC feed hydrotreater...

Direct assessment, data integration important in establishing pipeline integrity. (Pipelines).
September 2, 2002... Direct assessment (DA) can be effectively employed to assess pipeline integrity within the framework of an operator s overall integrity-management program (IMP). That view is not shared by some integrity managers, mainly hazardous liquids...

Multivariable meter offers mass flow accuracy. (Equipment/Software/Literature).(Brief Article)
September 2, 2002... The PROline Promass 80F multivariable meter measures mass, volume, density, and temperature. It has an accuracy for mass flow of [+ or -]0.15% in liquids and [+ or -]0.5% in gas. The F sensor is a dual tube version with a fully welded...

One-size spreader fits all flanges. (Equipment/Software/Literature).(Brief Article)
September 2, 2002... The patented AUTO-SPREADER flange spreader fits all sizes and classes of flanges. It creates and maintains up to a 3 in. gap in a single pass, the company notes. It's available in hydraulic and manual versions. The firm says the...

Addition of large generator sets expands rental fleet. (Equipment/Software/Literature).(Brief Article)
September 2, 2002... Large, natural gas engine generators have been added to this firm's national rental fleet to complement standard diesel powered equipment. The new modularized model 1250GQNA generator sets are powered by the QSV91G lean-burn gas engine and...

Underwater installation method gets patent approval. (Equipment/Software/Literature).(Brief Article)
September 2, 2002... The US Patent Office has awarded patent approval for this firm's proprietary installation method and apparatus for suction anchor and mooring deployment and connection. This methodology permits single anchor handling vessel deployment of...

API imports of crude and products. (Statistics).(Brief Article)(Statistical Data Included)
September 2, 2002... API IMPORTS OF CRUDE AND PRODUCTS Districts 1-4 District 5 8-23 8-16 (1) 8-23 8-16 (1) 2002 2002 2002 2002 ...

OGJ crack spread. (Statistics).(Brief Article)(Statistical Data Included)
September 2, 2002... OGJ CRACK SPREAD 8-23-02 * 8-24-01 * Change Change, $/bbl % SPOT PRICES Product value 31.77 31.64 0.13 0.4 Brent...

API crude and product stocks. (Statistics).(Brief Article)(Statistical Data Included)
September 2, 2002... API CRUDE AND PRODUCT STOCKS Motor gasoline Blending Jet fuels Crude oil Total comp. (2) Naphtha ...

API refinery report. (Statistics).(Brief Article)
September 2, 2002... API REFINERY REPORT--AUGUST 23, 2002 REFINERY OPERATIONS Total Input refinery Crude to crude Operable Percent District input ...

OGJ gasoline prices. (Statistics).(Brief Article)(Statistical Data Included)
September 2, 2002... OGJ GASOLINE PRICES (Approx. prices for sell-service unleaded gasoline) Price Pump Pump ex tax price * price 8-21-02 8-21-02 8-22-01 ...

Refined product prices. (Statistics).(Brief Article)(Statistical Data Included)
September 2, 2002... REFINED PRODUCT PRICES 8-16-02 cents/gal Spot market product prices Motor gasoline (Conventional-regular) New York Harbor 76.50 Gulf Coast ...

Baker Hughes rig count. (Statistics).(Brief Article)
September 2, 2002... BAKER HUGHES RIG COUNT 8-23-02 8-24-01 Alabama 3 5 Alaska 9 13 Arkansas 0 1 California 18 41 Land ...

Smith rig count. (Statistics).(Brief Article)
September 2, 2002... SMITH RIG COUNT 8-23-02 8-24-01 Proposed depth, Rig Percent Rig Percent ft count footage * count footage * 0-2,500 41 -- ...

OGJ production report. (Statistics).(Brief Article)
September 2, 2002... OGJ PRODUCTION REPORT (Crude oil and lease condensate) 8-23-02 (1) 8-24-01 (2) 1,000 b/d Alabama 27 25 Alaska 1,0277 928 California 803 ...

US crude prices. (Statistics).(Brief Article)
September 2, 2002... US CRUDE PRICES $/bbl * 8-23-02 Alaska-North Slope 27[degrees] 18.82 South Louisiana Sweet 27.00 California-Kern River 13[degrees] 25.25 Lost Hills 30[degrees] 27.60...

World crude prices. (Statistics).(Brief Article)
September 2, 2002... WORLD CRUDE PRICES $/bbl (1) 8-16-02 United Kingdom-Brent 38[degrees] 26.76 Russia-Urals 32[degrees] 26.14 Saudi Light 34[degrees] 23.63 Dubai Fateh 32[degrees] 24.72...

US natural gas storage. (Statistics).(Brief Article)
September 2, 2002... US NATURAL GAS STORAGE (1) 8-16-02 8-9-02 Change Bcf Producing region 795 794 1 Consuming region east 1,494 1,459 35 Consuming...

Pace refining margins. (Statistics).(Brief Article)
September 2, 2002... PACE REFINING MARGINS US Gulf Coast June July Aug. Aug. 2002 2002 2002 2001 Change $/bbl West...

US natural gas balance demand/supply scoreboard. (Statistics).(Brief Article)
September 2, 2002... US NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD May May Apr. May change 2002 2002 2001 2002-2001 ...

US cooling degree days. (Statistics).(Brief Article)
September 2, 2002... US COOLING DEGREE DAYS (1) 2002 % change June June from 2002 2001 ...

Worldwide NGL production. (Statistics).(Brief Article)
September 2, 2002... WORLDWIDE NGL PRODUCTION 5 month average May Apr. Production 2002...

Oxygenates. (Statistics).(Brief Article)
September 2, 2002... OXYGENATES Fuel Ethanol June May YTD YTD 2002 2002 Change 2002 2001 1,000 bbl Fuel ethanol Production ...

How can forsaken revenue be good for California? (The Editor's Perspective).(Brief Article)
September 2, 2002... A state government in a fiscal crisis would never spend money in order to rid itself of a revenue source--would it? It might if the state it governs is California. Gov. Gray Davis wants the federal government to buy back 36 undeveloped...

Will Saddam's ouster presage low oil prices? (Market Hotline).(Brief Article)
September 2, 2002... Crude oil prices are hovering near $30/bbl again. Demand for oil is inching up, a trend surely to continue with seasonal trends in the coming months. Indications are that the Organization of Petroleum Exporting Countries will do little to boost...

Apache, Williams exchange charges in gas gathering dispute. (General Interest).(Brief Article)
September 2, 2002... Apache Corp., Houston, and Williams Cos. Inc., Tulsa, exchanged swipes concerning a nearly year-old dispute over Williams's attempt to transfer ownership of a gas gathering system in South Texas from a subsidiary regulated by the US Federal...

News letter.(Organization of Petroleum Exporting Countries' meeting in Osaka, Japan, production quotas)(International Pages)(Statistical Data Included)
September 9, 2002... Market Movement OPEC facing fight in Osaka? Debate over production quotas at the Organization of Petroleum Exporting Countries' upcoming ministerial meeting Sept. 19 in Osaka, Japan, should provoke "more fireworks" than similar recent...

US rig count. (Industry Trends).(Oil and natural gas prices to rise)(Brief Article)(Statistical Data Included)
September 9, 2002... THE US RIG COUNT is lower than current oil and natural gas prices would justify, but two analysts say anticipated sharply higher gas prices this winter should result in a sharp rebound in US drilling activity next year. "The US rig count...

World Petroleum Congress. (Government Developments).(Global oil supply ensured against U.S./Iraqi war)(International Pages)(Brief Article)(Statistical Data Included)
September 9, 2002... SAUDI ARABIA has reiterated a commitment to unilaterally make up any shortfall in global oil supply in the event of a US-led attack on Iraq. "In case of a US attack upon Iraq, there would be no world oil shortage, since in a short time...

Interior's Materials Management Service Gulf of Mexico. (Government Developments).(New web-based ordering system)(Government Activity)(Brief Article)
September 9, 2002... WELL LOGS are available to industry faster now thanks to the US Department of the Interior's Materials Management Service Gulf of Mexico region's new web-based ordering system. While historically it took about 30 days to fill a customer's...

Agip Petroleum Co. (Exploration).(Offshore oilfield's estimated reserves over 100 mn bbl)(Brief Article)(Statistical Data Included)
September 9, 2002... A CONFIRMATION WELL that Agip Petroleum Co. spudded in April in K2 field--on Green Canyon Block 562, 180 miles south of New Orleans in the Gulf of Mexico--has increased the field's estimated reserves to more than 100 million bbl of oil, Agip...

BP Exploration (Alaska) Inc. (Quick Takes).(North Slope oil wells explosion and fire)(Brief Article)(Statistical Data Included)
September 9, 2002... BP EXPLORATION (ALASKA) INC. and outside experts are investigating the integrity of subsurface casings on 137 North Slope oil wells that the company shut in after an Aug. 16 explosion and fire at Prudhoe Bay well A-22 that seriously injured a...

Transocean Sedco Forex Inc. (Drilling).(North Sea drilling rig contract)(International Pages)(Brief Article)(Statistical Data Included)
September 9, 2002... STATOIL ASA signed a 200 million kroner contract with Transocean Sedco Forex Inc. for the use of Transocean Searcher drilling rig on Statoil's Alpha North satellite in Sleipner West field in the North Sea. Alpha North is scheduled to begin...

Chevrontexaco Corp. (Development).(New Aparo and Bonga oil discoveries off Nigeria)(International Pages)(Brief Article)(Statistical Data Included)
September 9, 2002... CHEYRONTEXACO CORP. affiliate Texaco Nigeria Outer Shelf Ltd. (TNOS) and Shell Nigeria Exploration & Production Co. Ltd. said they may jointly develop Aparo and Bonga discoveries off Nigeria, following an Aparo appraisal well that indicates the...

ConocoPhillips. (Quick Takes).(Gulf of Mexico oil rig production riser systems)(Brief Article)(Statistical Data Included)
September 9, 2002... In other development news, ConocoPhillips let a $24 million contract to Houston-based Dril-Quip Inc. to provide eight production riser systems for its Magnolia field tension leg platform, which will be installed in 4,700 ft of water in the Gulf...

Petroleos DeVenezuela SA. (Retail Marketing).(Petroleos de Venezuela S.A. to enter Brazil's lubricants and fuels market)(International Pages)(Brief Article)
September 9, 2002... PETROLEOS DEVENEZUELA SA confirmed at the 17th World Petroleum Congress in Rio de Janeiro Sept. 3 that it will enter Brazil's lubricants and fuels market under the PDV brand name, marking the start of the sale of PDV products at service...

Pacific Gas & Electric Co. (Pipelines).(New $40 mn natural gas expansion project)(Brief Article)(Statistical Data Included)
September 9, 2002... PACIFIC GAS & ELECTRIC CO., San Francisco, has completed a $40 million expansion project that adds 14.1 miles of new 42-in, transmission pipeline to its existing Line 401 system, which "significantly increases the capacity of natural gas...

Sonatrack. (LNG).(LNG master sales agreement )(International Pages)(Brief Article)
September 9, 2002... SONATRACH, Algeria's state oil and gas company, and Shell Gas & Power, a unit of Royal Dutch/Shell, have entered into an LNG master sales agreement that will provide a framework for the terms and conditions of LNG sales on an individual cargo...

Drilling barge joins Axxis Drilling's fleet. (Quick Takes).(New offshore 2,500 ton, 2,000 hp drilling barge)(Brief Article)(Statistical Data Included)
September 9, 2002... Independence, a new 2,500 ton, 2,000 hp drilling barge, was recently completed in the Port of Iberia, La., for Axxis Drilling LLC. The 210 ft long, 54 ft wide barge--designed for shallowwater drilling--is being touted as the first of its...

Letters.(Oil industry has access to 95% of Alaska's North Slope)(Brief Article)(Letter to the Editor)
September 9, 2002... Leave the arctic refuge alone Having lived in Alaska for nearly 25 years, I've explored the Arctic National Wildlife Refuge many times, including the area that has been proposed for oil drilling. My book, "Midnight Wilderness," describes...

Antitrust and Texas politics. (Journally Speaking).(Early antitrust enforcement and oil industry in Texas)(Government Activity)(Brief Article)
September 9, 2002... Mergers and acquisitions are the key to the shrinking of the OGJ200 list of publicly traded US oil and gas producers, as profiled beginning on p. 70. This consolidation of the industry is concentrating assets among the top few companies--the...

The EU's energy setback. (Editorial).(Editorial)(Brief Article)
September 9, 2002... The United Nations World Summit on Sustainable Development advanced from a position of early triumph to end last week with laudable self-restraint. As already noted here, the agenda in Johannesburg, South Africa, gave concern about poverty...

Comment: Ethanol use in US gasoline should be banned, not expanded. (General Interest).(ethanol gives back only 92% of the energy used to make it)(Statistical Data Included)
September 9, 2002... Ethanol does little for energy, harms the environment, and reinforces an oligopoly in the US. Summarizing the work of the many scientists that have calculated ethanol's net energy contribution, we find that expanding the use of ethanol will not...

Clean fuel summit. (Watching Government).(EPA's standards supported by foreign governments and U.S. trade associations)(Brief Article)
September 9, 2002... A diverse coalition of energy and environment stakeholders have agreed to support a US Environmental Protection Agency-sponsored initiative designed to reduce global urban air pollution, especially in developing countries. EPA's "Clean...

World summit highlights range of clean energy plans. (General Interest).
September 9, 2002... A broad coalition of stakeholders pledged support for a variety of clean energy initiatives at a United Nations-sponsored summit on sustainable development in Johannesburg, South Africa, last week. The proposals are all non-binding although...

WPC: Sustainable development fealty key to oil's future. (General Interest).(Industry Overview)
September 9, 2002... The concept of sustainable development was accorded the status of competitive differentiator for the oil and gas industry of the future at the 17th World Petroleum Congress in Rio de Janeiro last week. The theme of sustainable development,...

WPC: Petrobras targets production, reserves expansion. (General Interest).(oil and gas production and reserves from the deep and ultradeep waters of the Campos basin off Rio de Janeiro)(Brief Article)(Statistical Data Included)
September 9, 2002... Petroleo Brasileiro SA has targeted a major increase in oil and gas production and reserves from the deep and ultradeep waters of the Campos basin off Rio de Janeiro by the end of the decade. Petrobras executive Cesar Luiz Palagi updated...

Petrobras marks progress on readying deepwater Campos basin FPSOs. (General Interest).(floating production facilities for offshore oil and gas development)(Brief Article)
September 9, 2002... Petroleo Brasileiro SA (Petrobras) has marked further progress in readying new floating production facilities for installation in the deepwater Campos basin off Brazil. Deep and ultradeep waters of the Campos basin will provide most of the...

Offshore conference focuses on rising oil demand. (General Interest).(Offshore Northern Seas Conference)(Brief Article)(Statistical Data Included)
September 9, 2002... The world's increasing thirst for oil and gas received more attention at the Offshore Northern Seas Conference in Stavanger last week than the Kyoto Protocol on Climate Change and other themes of the nearly concurrent United Nations meeting on...

Merger done; ConocoPhillips now 3rd largest US oil firm. (Company News).(Conoco and Phillips Petroleum Co. merger)(Brief Article)
September 9, 2002... Conoco Inc., Houston, and Phillips Petroleum Co., Bartlesville, Okla., completed their $15 billion merger into the third largest US-based integrated oil firm Aug. 30 just hours after the Federal Trade Commission approved that move. Under...

Integrated exploration technologies model Trenton in Western New York. (Exploration & Development).
September 9, 2002... Over the last several years, the Ordovician Trenton-Black River has emerged as a significant reservoir in the Appalachian basin of New York and West Virginia. Because information on the reservoir has been limited and because of the relative...