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Continuing in its effort to find a way to develop stranded natural gas economically, Conoco on Monday said it has taken a major step towards commercializing its proprietary technology for converting natural gas to liquids with the delivery and installation of the first production modules at the company’s gas-to-liquids (GTL) demonstration plant under construction in Ponca City, OK.

The General Accounting Office (GAO) showed Friday that its threats, even those against the White House, are not idle when it filed a long-awaited lawsuit in federal court to obtain administration records associated with the task force that formulated the president’s national energy policy.

The General Accounting Office (GAO) showed Friday that its threats, even those against the White House, are not idle when it filed a long-awaited lawsuit in federal court to obtain administration records associated with the task force that formulated the president’s national energy policy.

It must have been the Enron jinx that caused Anadarko Petroleum Corp. to miss a $1.7 billion ($1.08 billion, or $4.33/share, after tax) ceiling test write-down charge in the third quarter of 2001. The company revealed the error last Tuesday. It results in a larger loss for the quarter and a net loss for the full year.

It must have been the Enron jinx that caused Anadarko Petroleum to miss a $1.7 billion ($1.08 billion, or $4.33/share, after tax) ceiling test write-down charge in the third quarter of 2001. The company revealed the error late Tuesday that results in a larger loss for the quarter and a net loss for the full year.

What a difference a year makes for Pacific Gas and Electric Co., still working its way through Chapter 11 bankruptcy proceedings, but facing kinder, gentler wholesale gas and electricity prices. As a result, the San Francisco-based utility began the new year with a retail natural gas price of 39 cents/therm, a 72% drop in commodity costs, noting that for the first time in many months, “prices are beginning to stabilize and are more reflective of natural gas costs during the past five years.”

What a difference a year makes for Pacific Gas and Electric Co., still working its way through Chapter 11 bankruptcy proceedings, but facing kinder, gentler wholesale gas and electricity prices. As a result, the San Francisco-based utility begins the New Year with a retail natural gas price of 39 cents/therm, a 72% drop in commodity costs, noting that for the first time in many months, “prices are beginning to stabilize and are more reflective of natural gas costs during the past five years.”

Supply-hungry natural gas producers have voted with their wallets to name Nova Scotia a drilling hot spot for the next five years. With Marathon Canada Ltd. leading the pack, nine producers pledged to do C$527 million (US$350 million) in exploration work as the price for obtaining access to 15,800 square kilometers of sub-sea gas prospects from the Canada-Nova Scotia Offshore Petroleum Board.

Supply-hungry natural gas producers have voted with their wallets to name Nova Scotia a drilling hot spot for the next five years. With Marathon Canada Ltd. leading the pack, nine producers pledged to do C$527 million (US$350 million) in exploration work as the price for obtaining access to 15,800 square kilometers of sub-sea gas prospects from the Canada-Nova Scotia Offshore Petroleum Board.