2001

©Copyright, 2001 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .

Williams said its Devils Tower platform and pipeline facilities in the Gulf of Mexico will require an investment of more than $400 million and will be in service by mid-2003. The floating production facility will be able to handle up to 60,000 b/d of oil. The Mountaineer pipeline will have a capacity of 150,000 b/d of oil, and the proposed Canyon Chief pipeline will have a capacity of 350 MMcf/d of gas.

Chevron Corp. said last week it will work with Irving Oil Ltd. to study the costs and other factors involved in building a C$500 million (US$320 million) liquefied natural gas (LNG) plant in Saint John, NB. Irving Oil, a family-owned company with energy interests in eastern Canada, announced two months ago that it was considering construction of an LNG plant at its ice-free Canaport deepwater facility, where it has operated an oil terminal since 1970 (see NGI, July 30).

©Copyright, 2001 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .

©Copyright, 2001 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .

Western Canada’s natural gas production will continue to be the key to the country’s gas supply, while Canada’s frontier regions will supplement the volumes available from the Western Canada Sedimentary Basin, according to the authors of a comprehensive four-year study. However, future supplies will cost more to find and produce because the average size of new gas pools, mostly in western Canada, is shrinking.

Chevron Corp. said Monday it will work with Irving Oil Ltd. to study the costs and other factors involved in building a C$500 million (US$320 million) liquefied natural gas (LNG) plant in Saint John, NB. Irving Oil, a family-owned company with energy interests in eastern Canada, announced two months ago that it was considering construction of an LNG plant at its ice-free Canaport deepwater facility, where it has operated an oil terminal since 1970 (see Daily GPI, July 26).

Comptroller General David M. Walker said Friday he received an “inadequate” amount of information related to the development of the Bush administration’s energy policy from the vice president’s office in response to a request from the General Accounting Office (GAO) and was “preparing for possible litigation.” It would be the first time the investigative branch of Congress went to court against the executive branch.

©Copyright, 2001 Intelligence Press. All rights reserved. Thepreceding news report may Not be republished Or redistributed, in wholeOr in part, without prior written consent of Intelligence Press .