Petroleum
The first meeting of the Baltic Energy Task Force and the European Commission in Brussels on June 4 saw a high level of turnout, with ministerial and senior official representatives from a dozen countries expressing genuine enthusiasm for the initiative. The Task Force, launched by European Energy Commissioner Christos Papoutsis,
Petroleum
Seven dedicated teachers from the Anchorage School District have been recognized as BP Teachers of Excellence for their exceptional commitment to educating their students. Each teacher has been awarded a $500 U.S. Savings Bond, a commemorative plaque, and an invitation to tour BP Exploration (Alaska) Inc.'s facilities
Petroleum
Bailey Automation plc, a unit of Elsag Bailey Process Automation N.V., has been awarded a contract by British Gas - Hydrocarbon Resources Ltd. to replace the control systems of the South Morecambe Gas Field in the East Irish Sea. The project aims to improve automation efficiency and replace outdated
Petroleum
United Heritage Corporation, an oil and gas exploration company, has appointed Harbor Operating, LLC as its petroleum consultants to oversee and coordinate the day-to-day oil recovery operations at its Wardlaw Field in South Texas. Experts Cecil Gritz and Kelton Cloud, with over 50 years of combined experience in oil and
Petroleum
Indonesia has taken steps to dismantle the Suharto family's business empire, a move that comes after the patriarch's downfall as president. The family's ventures are now under intense public scrutiny, and several companies linked to the Suhartos have been identified for review and potential
Petroleum
As part of its ongoing review of its worldwide portfolio, Amoco Corporation has announced plans to sell its 24.5 percent stake in the Liuhua oil field in the South China Sea before the end of the year. The company has also reported significant new natural gas reserves in the
Petroleum
The England selectors are under pressure to make changes to their one-day team ahead of the World Cup, with captain Adam Hollioake coming under fire for his inspirational leadership. Despite a decent start to the Texaco series, Hollioake's team has been plagued by batting collapses and poor fielding
Petroleum
Petroleo Brasileiro (Petrobras) is awaiting a decision on which of its upstream assets will be allowed to be retained, and which will be put up for bidding, following the release of a report by the National Petroleum Agency (ANP). After the oil reform law of August 1997 removed Petrobras'
Petroleum
The oil and gas industry, which has experienced widespread layoffs over the past decade, now finds itself facing a desperate shortage of qualified petroleum engineers, geologists, and geophysicists. Employers are recruiting on college campuses, seeking roughly 500 petroleum engineers in 1998 from a nationwide graduating class of around 250. Chevron
Petroleum
Meridian Resource Corporation, a leading oil and gas company, announced its first quarter 1998 earnings on May 18, 1998. The company reported a net loss of $40.9 million, or $1.22 per share, due to decreased revenues and a non-cash write-down of its oil and natural gas properties. Despite
Petroleum
England's cricket team, led by new captain Alec Stewart, is set to take on South Africa in the Texaco Trophy, the last one-day series sponsored by the US oil company. The series carries significant importance as England decides on its approach to one-day cricket, particularly with the upcoming
Petroleum
A Senate bill presented by Senators John Ashcroft and Patrick Leahy would guarantee the right to use unbreakable encryption codes for electronic messages. This move is seen as a compromise between privacy advocates, the computer industry, and law enforcement. However, the Justice Department, particularly the FBI, remains opposed to the
