Speed

BLM Acts to Speed Up Drilling Permits

The Interior Department’s Bureau of Land Management (BLM) last Monday announced fundamental new management strategies, centering on batch processing and area-wide rules, aimed at speeding up its processing of applications for permits to drill oil and gas. The announcement came after the interior secretary told Congress the department would be discarding policies installed by the Clinton administration to expand wilderness areas.

April 21, 2003

BLM Acts to Speed Up Drilling Permits

The Interior Department’s Bureau of Land Management (BLM) Monday announced fundamental new management strategies, centering on batch processing and area-wide rules, aimed at speeding up its processing of applications for permits to drill oil and gas. The announcement came after the interior secretary told Congress last week the department would be discarding policies installed by the Clinton administration to expand wilderness areas.

April 15, 2003

BP Blames Isidore for 1% Drop in ’02 Production Growth

Tropical Storm Isidore may not have gained the speed that Hurricane Lili is producing, but it was strong enough to blow a hole into BP plc’s production forecast for 2002. The company, which will still have to tally Lili’s consequences, blamed the September storm for a predicted year-end production growth of 4% over a year ago, which is 1% less than its forecast a month ago.

October 7, 2002

BP Blames Isidore for 1% Drop in ’02 Production Growth

Tropical Storm Isidore may not have gained the speed that Hurricane Lili is producing, but it was strong enough to blow a hole into BP plc’s production forecast for 2002. The company, which will still have to tally Lili’s consequences, blamed the September storm for a predicted year-end production growth of 4% over a year ago, which is 1% less than its forecast a month ago.

October 3, 2002

Draft EIS Issued for Montana CBM Production Rules

Coal bed methane (CBM) development could speed up in Montana after state and federal officials issued a draft environmental impact statement (EIS) concerning development in the southern part of the state. The Department of Interior’s Bureau of Land Management (BLM) recommended alternatives that would require operators to submit a development plan and water-use plan for CBM production. The proposal also would require wastewater to be recycled for irrigation or livestock watering.

March 1, 2002

Moody’s Plans to Speed Up Corporate Ratings Changes

Responding to criticism that its corporate rating changes have been far too slow, particularly in the case of Enron Corp., Moody’s Investors Service said on Friday it was considering making changes in how it rates companies.

January 22, 2002

U.S. Delay Imperils Millennium

An early test is developing of the U.S. government’s declared intentions to help speed up gas pipeline projects, and of pledges by Canadian authorities to co-operate in cross-border projects. After waiting fruitlessly for a year for U.S. partners to obtain approvals, the Canadian Millennium Project has asked the National Energy Board to give it a last chance to stay alive on the Canadian side and wait for U.S. action.

July 23, 2001

Millennium Sponsors Beg NEB to Keep Project Alive

An early test is developing of the U.S. government’s declared intentions to help speed up gas pipeline projects, and of pledges by Canadian authorities to co-operate in cross-border projects. After waiting fruitlessly for a year for U.S. partners to obtain approvals, the Canadian Millennium Project has asked the National Energy Board to give it a last chance to stay alive on the Canadian side and wait for U.S. action.

July 23, 2001

PricewaterhouseCoopers Sees M&A Activity Picking Up Speed

Consolidation in the energy industry in North America is expected to accelerate in the second half of 2001, particularly among independents oil and gas producers, according to the energy mergers and acquisitions team at PricewaterhouseCoopers. But acquirers run the risk of overpaying at what may be the high end of the pricing cycle.

July 2, 2001

PricewaterhouseCoopers Sees M&A Activity Picking Up Speed

Consolidation in the energy industry in North America is expected to accelerate in the second half of 2001, particularly among independents, according to the energy mergers and acquisitions team at PricewaterhouseCoopers. But acquirers run the risk of overpaying at what may be the high end of the pricing cycle.

June 28, 2001