As it adjusts its exploration and production portfolio, Texaco,like its brethren among major producers, is turning away from theUnited States and focusing on the international arena. However, thedeep-water Gulf of Mexico still shines like a new diamond, and thecompany also has professed a desire to become more weighted tonatural gas.
Among
Articles from Among
Texaco VP Touts New Exploration Focus
As it jiggers its exploration and production portfolio, Texaco,like its brethren among major producers, is turning away from theUnited States and focusing on the international arena. However, thedeep-water Gulf of Mexico still shines like a new diamond, and thecompany also has professed a desire to become more weighted tonatural gas.
Sempra, Kinder Exit Energy Trade Associations
Top Washington D.C.-based energy trade associations are listedamong the casualties of Sempra Energy’s and Kinder Morgan Inc.’smove to prune their corporate budgets as they enter the newmillennium.
Coral Hits Web With E-Business Site
Houston-based Coral Energy launched coralconnect.com, ane-business Web site featuring e-commerce transactions, customizedcommodity price information, proprietary energy market analysis andother customer services.
Shareholder Return Tops Chevron’s List
In an effort to achieve the best shareholder return among oil majors from 2000 to 2004, Chevron Chairman Ken Derr and Chairman-elect Dave O’Reilly told security analysts last week the company plans to increase worldwide oil and gas production at an annual growth rate of 4 to 4.5%.
Shareholder Return Tops Chevron’s List
In an effort to achieve the best shareholder return among oilmajors from 2000 to 2004, Chevron Chairman Ken Derr andChairman-elect Dave O’Reilly told security analysts yesterday thecompany plans to increase worldwide oil and gas production at anannual growth rate of 4 to 4.5%.
Coral Hits Web With E-Business Site
Houston-based Coral Energy launched coralconnect.com, ane-business Web site featuring e-commerce transactions, customizedcommodity price information, proprietary energy market analysis andother customer services.
GRI: Industrial Energy Demand Up 25% by 2015
In its latest study, the Gas Research Institute (GRI) predictednatural gas will dominate the market share among competing fuelsfor industrial energy demand over the next 15 years. Currently,industrial demand accounts for 45% of all gas consumption. Thestudy, released last week, was prepared by the GRI and Energy andEnvironmental Analysis Inc.
GRI: Industrial Energy Demand Up 25% by 2015
In its latest study, the Gas Research Institute (GRI) predictednatural gas will dominate the market share among competing fuelsfor industrial energy demand over the next 15 years. Currently,industrial demand accounts for 45% of all gas consumption. Thestudy, released yesterday, was prepared by the GRI and Energy andEnvironmental Analysis Inc.
Kinder Accepts $1 Salary in ‘Back to Basics’ Plan
Among the more notable sacrifices being made to get KN Energy “out of the ditch” and back down the highway are the decisions by Richard Kinder and William Morgan to work for annual salaries of $1 with no bonuses. They will become the two largest shareholders of the new company once the merger of Kinder Morgan and KN is completed. They also will be the top two executives.