Effectively

A change in inventory accounting principles helped Royal Dutch/Shell Group increase net income in the first quarter by $226 million to $4.7 billion, up from the previously reported $4.43 billion. The oil major last week also updated its quarterly production figures to give investors “further clarity” ahead of its second quarter results, which will be announced July 29.

A prototype sensor that can quickly and cost-effectively measure pitting and deterioration of natural gas pipelines has moved one step closer to being commercialized, the Department of Energy (DOE) said last week.

A prototype sensor that can quickly and cost-effectively measure pitting and deterioration of natural gas pipelines has moved one step closer to being commercialized, the Department of Energy (DOE) said.

A prototype sensor that can quickly and cost-effectively measure pitting and deterioration of natural gas pipelines has moved one step closer to being commercialized, the Department of Energy (DOE) said.

Chevron Corp. announced Tuesday it is using a new system to manage its energy usage more effectively and monitor greenhouse gas emissions from all of its worldwide operations. Chevron Energy and Greenhouse Gas Inventory System (CEGIS) is an automated, electronic data management information system that is designed to gather monthly energy and greenhouse gas emissions data from Chevron’s worldwide exploration and production, refining and marketing, petrochemicals, transportation and coal activities.

A federal judge has effectively blocked new drilling off the California coast, ruling that the state first has to decide whether future drilling would impair the surrounding environment. The ruling comes on the heels of scheduled public hearings this month on the Minerals Management Service’s draft environmental impact statement covering proposed drilling offshore Santa Barbara (see NGI, June 25).

A federal judge last week effectively blocked new drilling off the California coast, ruling that the state first has to decide whether future drilling would impair the surrounding environment. The ruling comes on the heels of scheduled public hearings in July on the Minerals Management Service’s draft environmental impact statement covering proposed drilling offshore Santa Barbara (see Daily GPI, June 19).

Governors of nine western states announced last week an emergency energy conservation strategy to avert a California-type energy crisis and to mitigate future higher energy prices.

With the Supreme Court last week effectively handing the keys tothe White House to now President-elect George W. Bush, speculationhas escalated in Washington D.C. over who will be tapped as thenext FERC chairman under a Republican administration.