Struggling US oil, gas
industry heads into the hurricane season
Published: Monday, 29 May, 2006, 09:36 AM Doha Time.
Source: Gulf Times
NEW
ORLEANS, Louisiana:
With exploration and production still struggling
to catch up to last year’s levels, the US’s
crucial Gulf of Mexico oil and gas industry is
gearing up for what could be another dangerous
hurricane season.
Offshore oil production on the US Gulf Coast,
which hurricanes Katrina and Rita brought to a
halt last year, remains down by about 21% from
normal capacity, the Minerals Management Service
(MMS) reported this month........Full
story
In this
25 September 2005, file photo,
floodwaters surround storage tanks at an
idle oil refinery in Port Arthur, Texas,
in the aftermath of Hurricane Rita.
Forecasters have predicted another
unusually active North Atlantic
hurricane season this year
Oil and gas
lease sale draws competitive bids for Cook Inlet
By
Tim Bradner:
Alaska Journal of Commerce
The state of
Alaska auctioned 613,100 acres of state-owned
oil and gas leases May 24 in the North Slope
foothills region and Cook Inlet with apparent
high bids totaling nearly $6.7 million. The North Slope regions drew only one bid per
lease, but there was competition for several of
the Cook Inlet leases. Anadarko Petroleum.......Full
story
Petrobras,
Shell to lose Bolivia gas stations -- report
NICOSIA
Libya has officially opened
one of its largest natural gas fields and has
said Europe will be a major customer, according
to a report from the Jamahiriya News Agency, the
official Libyan press service.
"Libya will be an
important supplier of gas to Europe," Shokri
Ghanem, Libya's top oil official, was quoted by
the agency as saying Sunday at a ceremony for
the official start of production from the
Attahadi field, in the central region of
Sirte.......Full
story
Nigerian youths urged to pursue carrier in oil and
gas....See
full story
Nigeria: Shell awards contracts to local
companies....See
full story
