1996 - Petrostrategies

Transcription

PETROSTRATEGIES
THE WORLD ENERGY WEEKLY
Index 1996
PETROSTRATEGIES
Index 1996
2/9/96
Abu Dhabi
29/4/96 N° 484
P. 12
13/5/96 N° 486
P. 7
9/9/96
N° 499
P. 4
18/11/96 N° 509
P. 9
Abu Dhabi refinery expansion project
moves forward
Adgas to hike its LNG sales to Tepco to
4.5 million tons
Spot trade: Enagas purchases another
21 cargoes of LNG from Adgas
Enagas purchases an additional three
or four spot cargoes of LNG from Adgas
Afghanistan
7/10/96 N° 503
P. 1
14/10/96 N° 504
P. 7
21/10/96 N° 505
P. 8
Taleban victory in Afghanistan could
spell an end to Turkmenistan's isolation
Unocal backtracks on Afghanistan,
Washington expresses concern
Afghan situation forces Turkmenistan to
rethink position on Caspian
Africa
20/5/96 N° 487
P. 7
28/10/96 N° 506
P. 10
Agip
13/5/96 N° 486
P. 10
10/6/96 N° 490
P. 8
African oil demand up 3.2% in 1995
after slight decline in 1994
West African gasline to be private
venture
P. 4
23/9/96 N° 501
P. 6
30/9/96 N° 502
P. 7
28/10/96 N° 506
P. 1
11/11/96 N° 508
P. 7
11/11/96 N° 508
P. 10
16/12/96 N° 513
P. 7
16/12/96 N° 513
P. 7
16/12/96 N° 513
P. 10
30/12/96 N° 515
P. 7
Algeria updates upstream oil and gas
legislation
Turkey to receive another 1 billion
cu.m./annum of Algerian LNG
Algeria: Anadarko proceeds with HBNS
field development; LL&E delineates find
Algeria sees 50% leap in discoveries of
hydrocarbon reserves in place
Algeria: Arco lifts first oil from Rhourde
el-Baguel
Algeria: another oil find for Agip on
Zemoul el-Kbar
Algeria boosts LNG deliveries to Turkey
to 3 bcm/annum
Italy: Snam to start taking delivery of
Algerian LNG at its Panigaglia terminal
Petronas to invest $38 million in
exploration in Algeria
Algeria: seventh discovery for
Anadarko, which is now to re-evaluate
reserves
Amoco
8/1/96
N° 468
Agip boosts hydrocarbon production to
1 million boe/d in 1995
Ampolex
Fifth E&P contract for Agip in Algeria,
27/5/96 N° 488
where it is already producing 45,000 b/d
from BRN
P. 2
Amoco relying on gas and chemicals to
drive growth
P. 12
Mobil boosts Ampolex holding to 75% of
ordinary shares
20/5/96 N° 487
P. 7
30/9/96 N° 502
P. 9
28/10/96 N° 506
P. 6
Sonatrach holds a 10.2% stake in
Anadarko Petroleum Corp.
Anadarko to explore Alaska's Cook
Inlet, gets into deepwater in the Gulf of
Mexico
Anadarko says hydrocarbon production
to double to 208,000 boe/d in 2000
Anadarko
Albania
26/2/96 N° 475
P. 5
27/5/96 N° 488
P. 12
Gazprom and Tenneco express interest
in Greek-Albanian gas pipeline
Albania: Fountain Oil in joint field
operating deal
Algeria
1/1/96
N° 498
N° 467
P. 1
15/1/96 N° 469
P. 9
5/2/96
N° 472
P. 1
5/2/96
N° 472
P. 6
12/2/96 N° 473
19/2/96 N° 474
P. 12
P. 1
19/2/96 N° 474
P. 7
26/2/96 N° 475
P. 12
15/4/96 N° 482
P. 1
22/4/96 N° 483
P. 1
29/4/96 N° 484
P. 3
29/4/96 N° 484
20/5/96 N° 487
P. 6
P. 1
20/5/96 N° 487
P. 10
10/6/96 N° 490
P. 8
17/6/96 N° 491
P. 8
22/7/96 N° 496
P. 6
22/7/96 N° 496
P. 10
Strong resurgence of interest in
Algeria's E&P potential
Repsol makes new discoveries in
Algeria and Egypt
Sonatrach encore: E&P contract with
Total and Repsol for giant TFT field
TFT contract between Sonatrach, Total
and Repsol
Algeria: Brown & Root wins TFT contract
Arco expects to boost Algeria's oil
production by 100,000 b/d
Algeria: Islamic fundamentalists warn
oil and gas workers to stop work or face
death
Arco to spend $50 million to find new
gas in Algeria
Algeria expects to export between 44
and 47 billion cu.m. of gas in 1996
Algeria: liquids output of 1.7 to 1.9
million b/d by the year 2000
Algeria: Washington talks tough, calls
on Europe to put conditions on aid
US spells out its position on Algeria
Anadarko and Cepsa discoveries
change Algeria's oil outlook
Algeria: Alrar-Hassi R'Mel LPG pipeline
commissioned
Fifth E&P contract for Agip in Algeria,
where it is already producing 45,000 b/d
from BRN
Algeria: Petro-Canada brings
Tamadanet field on stream at 12,500 b/d
of crude
Algeria: Anadarko gets green light for
Hassi Berkine oil development
Algeria: second well, second find for
LL&E
Angola
19/2/96 N° 474
P. 12
4/3/96
P. 10
15/4/96 N° 482
P. 8
27/5/96 N° 488
P. 12
3/6/96
P. 8
N° 489
3/6/96
N° 489
11/11/96 N° 508
P. 12
P. 7
Aramco
18/3/96 N° 478
P. 7
1/7/96
P. 4
Saudi Aramco acquires 50% stake in
Motor Oil (Hellas) and Avin Oil
Aramco in 1995: an overview
N° 467
P. 10
Statoil acquires Aran
N° 472
P. 9
Arco aims to finalize EOR agreement
with Sonatrach for Rhourde el-Baguel
Arco: low reserves replacement ratio in
1995
Anadarko to explore Alaska's Cook
Inlet, gets into deepwater in the Gulf of
Mexico
Introducing Lukarco: Arco and Lukoil
move forward in their joint venture
N° 493
Aran Energy
1/1/96
Arco
5/2/96
12/2/96 N° 473
P. 12
19/2/96 N° 474
P. 1
30/9/96 N° 502
P. 9
14/10/96 N° 504
P. 10
Argentina
8/1/96
1
N° 476
Angola: Chevron begins early
production from Nemba field
Angola: Petrofina resumes production
on Soyo
Elf claims third deep offshore discovery
in the Gulf of Guinea, this time off
Angola
Angola: promising oil results on Block
2/92 for Total
Peak oil production of 422,000 b/d from
Angola's Cabinda concession in 1995
Portugal-Angola oil venture
Angolan drilling survey a resounding
success for Total
N° 468
P. 6
Outlook for Argentinean gas in the
"Southern Cone"
PETROSTRATEGIES
29/1/96 N° 471
P. 10
5/2/96
N° 472
P. 5
4/3/96
N° 476
P. 10
22/7/96 N° 496
P. 10
2/9/96
N° 498
16/12/96 N° 513
P. 10
P. 12
Index 1996
Argentina: Total now second-biggest
natural gas producer
Gas regulation: has Argentina got it
right?
Total sets drilling record offshore
Argentina
Argentina: Enron and Perez to acquire
further 25% of CIESA
Argentina takes YPF privatization further
Argentina to begin exporting gas to Chile
Azerbaijan
Asia forecast to be world's largest
energy consumer in the year 2000
Asian LNG demand forecast to double to
124 million tons/annum by 2010
Asia forecast to account for 35% of
world energy demand and 37% of power
generation capacity in 2015
Asia-Pacific: oil demand of 20 million
b/d in 2000
APEC energy ministers seek
cooperative approach to head off
energy supply conflicts
APEC agreed non-binding energy policy
principles
22/1/96 N° 470
P. 8
29/1/96 N° 471
P. 1
29/1/96 N° 471
P. 10
12/2/96 N° 473
P. 12
26/2/96 N° 475
P. 7
26/2/96 N° 475
P. 7
4/3/96
P. 6
Asia-Pacific
25/3/96 N° 479
P. 7
3/6/96
N° 489
P. 3
3/6/96
N° 489
P. 10
16/9/96 N° 500
P. 10
23/9/96 N° 501
P. 3
23/9/96 N° 501
P. 8
Australia
12/2/96 N° 473
P. 5
19/2/96 N° 474
P. 8
4/3/96
N° 476
P. 10
25/3/96 N° 479
P. 10
8/4/96
N° 481
13/5/96 N° 486
P. 12
P. 7
10/6/96 N° 490
P. 12
1/7/96
N° 493
P. 10
22/7/96 N° 496
P. 10
29/7/96 N° 497
P. 7
2/9/96
N° 498
P. 2
9/9/96
N° 499
P. 10
9/9/96
N° 499
P. 12
30/9/96 N° 502
P. 3
7/10/96 N° 503
P. 5
21/10/96 N° 505
P. 1
28/10/96 N° 506
P. 3
11/11/96 N° 508
25/11/96 N° 510
P. 5
P. 7
2/12/96 N° 511
2/12/96 N° 511
P. 3
P. 10
Australia: decision on two LNG projects
totaling 10 million tons/annum in 1996
Mobil sets sights on Australia's
Ampolex Ltd.
Australia: Phillips considering an LNG
plant option
Australia: second field found on North
West Shelf oil permit
Australian oil output shrinks in 1995
Shell presses Australians to speed up
launch of a unified LNG project
Mobil now formally controls Australia's
Ampolex
Australian electricity trading market in
Melbourne
Western Australia aims to triple LNG
supplies to Asia
Premiums of 29% to 61% for Australian
oil and gas companies
Australia: Shell backs joint
Gorgon-NWS LNG project
Shell sees room for development of
further LNG projects in Australia
Australia: Bouygues wins $64-million
contract for Stag field
Australian Oil output set to hit all-time
high in 1996-97
Promising outlook for Australian gas in
2010
Australia: Woodside rebuffs Shell in
NWS-Gorgon LNG rivalry
Australia: Timor Gap zone showing
potential as BHP makes new find
Australian petroleum statistics, 1995/96
Timor Sea: BHP and Shell consolidate
positions as major players in Zone of
Cooperation area
Timor Sea: BHP-Phillips move to launch
3-million-ton/annum LNG project by
2002
Australia's proposed Darwin LNG plant
could encourage further Timor Sea
projects
P. 10
11/3/96 N° 477
P. 10
18/3/96 N° 478
18/3/96 N° 478
P. 12
P. 12
25/3/96 N° 479
P. 5
22/4/96 N° 483
P. 9
6/5/96
N° 485
10/6/96 N° 490
P. 10
P. 3
17/6/96 N° 491
P. 9
29/7/96 N° 497
P. 10
16/9/96 N° 500
16/9/96 N° 500
P. 10
P. 10
14/10/96 N° 504
P. 7
14/10/96 N° 504
P. 12
11/11/96 N° 508
P. 7
11/11/96 N° 508
16/12/96 N° 513
P. 10
P. 12
23/12/96 N° 514
P. 6
Belgium
29/4/96 N° 484
P. 7
30/12/96 N° 515
P. 1
Distrigaz's domestic gas sales up 11%,
to 11.8 bcm, in 1995
Distrigaz inks transit contracts for over
half of the Interconnector capacity
Benin
1/7/96
N° 493
P. 7
Abacan and Addax agreement on West
African oil interests
16/12/96 N° 513
P. 9
Bolivia: "capitalization" draws foreign
investment to the oil industry
4/11/96 N° 507
P. 2
4/11/96 N° 507
P. 10
2/12/96 N° 511
P. 12
23/12/96 N° 514
P. 10
Petrobras "welcomes" foreign
competition as Brazil faces shortage of
refining capacity
Brazil: Texaco ready to resume
exploration
Brazil: offshore oil find has reserves of
1.3 billion barrels
Brazil to end fuel-alcohol subsidies by
May 1998
Bolivia
Brazil
Austria
25/3/96 N° 479
N° 476
Signature of Azerbaijan-Russia
agreement on crude transportation
Baku runs into yet another political
obstacle to exporting its oil
Azerbaijan: oil output down, gas output
up, in 1995
Statoil presents Bahar field study
results in Baku
Agreement on transporting Azerbaijani
crude to Novorossiysk inked
Turkey sets conditions for financing a
Georgian pipeline
AIOC rejects Turkish financing terms for
the Baku-Supsa oil pipeline
Azerbaijan: Agip operator on Karabakh
field
Azerbaijan: Itochu joins AIOC
Lukoil launches Azerbaijani refining and
marketing project
Elf confirms that it is to acquire a 10%
stake in Shah Deniz
Socar calls Turkish conditions for
Baku-Supsa pipeline financing
"unacceptable"
Statoil and Socar team up again
Baku uses Shah Deniz in part to
broaden and consolidate political
alliances
Exxon has year in which to finalize E&P
contract for two prospects in Azerbaijan
AIOC awards pipeline engineering
contract
Azerbaijan: AIOC to drill first Chirag well
Azerbaijan: CIPCO to begin work on
Karabakh permit
Baku awards Georgia pipeline contract
to Kvaerner, Tengiz oil exported by rail
Baku approves Shah Deniz
production-sharing contract
AIOC denies that Transneft is seeking to
delay Caspian early oil exports
Lukoil-Azeri joint ventures
Azerbaijan: AIOC prequalifies seven
pipeline bidders
Western consortium wins contract for
Azerbaijan's Ashrafi and Dan Ulduzu oil
prospects
OMV buys extra 500 million t/annum of
Russian gas
2
PETROSTRATEGIES
Index 1996
British Gas
22/1/96 N° 470
P. 3
22/1/96 N° 470
P. 9
12/2/96 N° 473
P. 1
9/12/96 N° 512
P. 1
30/12/96 N° 515
P. 5
Gazprom and Snam could come to the
aid of a desperate British Gas
Italy: British Gas acquires Fiat's
upstream oil and gas assets
British Gas shake-up grips European
observers
British Gas and BP set the tone for
resolving take-or-pay disputes
British Gas and Mobil settle take-or-pay
disputes covering 28 bcm of gas
19/2/96 N° 474
P. 12
27/5/96 N° 488
P. 9
30/12/96 N° 515
P. 6
Chile
12/2/96 N° 473
P. 6
Chile comes to terms with rising
electricity demand
China wins in contract in Kuwaiti
upstream, gaining toehold in the Gulf
Elf to set up "E&P representative office"
in Beijing to identify opportunities in
China
China supplies natural gas to Hong
Kong power plant
China: 1995 crude oil output at 149
million tons
Enron sells 50% interest in China power
project
Texaco and Agip win E&P contracts for
two more blocks in China's Tarim Basin
Agip, Chevron and Texaco to conduct
offshore China survey
Exxon awarded two more blocks in
China's Tarim Basin
GdF to open representative offices in
China, Sofregaz in LNG peakshaving
project
Feasibility study for giant
Russian-Chinese gas pipeline
China targets oil production of 150
million tons/annum by the year 2000
China to invest $2 billion in oil and gas
exploration
Chevron awarded exploration permit
offshore China
Sinopec enters China's Dalian refinery
project
China getting serious about importing
LNG
China signs letter of intent for a 2640
MW LNG-fired power plant in Shenzhen
Exxon and Duke sign MOU to develop
power projects in China
China: $2 billion LNG power plant in
Yangtze River delta?
Exxon to build a 1050 MW gas-fired
power plant in China
China to allow construction of power
plants financed entirely by foreign
investment
Amoco completes Chinese LNG project
feasibility study
China
8/1/96
N° 468
P. 1
8/1/96
N° 468
P. 7
8/1/96
N° 468
P. 12
15/1/96 N° 469
P. 12
12/2/96 N° 473
P. 12
19/2/96 N° 474
P. 10
18/3/96 N° 478
P. 9
25/3/96 N° 479
P. 7
15/4/96 N° 482
P. 7
15/4/96 N° 482
P. 7
6/5/96
P. 7
British Petroleum
1/1/96
N° 467
P. 5
1/1/96
N° 467
15/1/96 N° 469
P. 6
P. 1
5/2/96
N° 472
P. 7
4/3/96
N° 476
P. 1
18/3/96 N° 478
P. 1
30/12/96 N° 515
P. 5
30/12/96 N° 515
P. 6
Algeria would enable BP to increase its
worldwide gas production by 30%
BP-Sonatrach gas contract
BP trims refining capacity again with
the aim of reducing "exposure"
Flat short-term gas supply sale terms
and conditions
Downstream: BP and Mobil create a
colossus with sales of $20
billion/annum
Browne sets new targets for BP to meet
by the year 2000
BP and Mobil move ahead with
European ventures
BP and Mobil progress in France
Caltex
30/9/96 N° 502
P. 8
Caltex to spend $5 billion in Asia by the
year 2000
Cameroon
4/3/96
N° 476
P. 10
8/4/96
N° 481
P. 12
Chad signs oil pipeline agreement with
Cameroon
Cameroon: Kelt and partners report
success in Kribi region
Caspian Sea
13/5/96 N° 486
P. 4
20/5/96 N° 487
P. 6
3/6/96
P. 12
N° 489
17/6/96 N° 491
P. 8
23/9/96 N° 501
P. 6
23/9/96 N° 501
P. 10
18/11/96 N° 509
P. 6
Caucasus
29/1/96 N° 471
P. 1
19/2/96 N° 474
P. 1
Caspian oil pipelines: worried Ankara
brandishing sticks and carrots
Russia and Turkey face off over
Bosphorus and Dardanelles
AIOC looking for alternate route for
Caspian oil
Arco and Shell enter the Caspian
Pipeline Consortium
Status of the Caspian: Azerbaijan and
Kazakhstan reach agreement, Russia
loses patience
Azerbaijan: Socar-Sante Fe Caspian
drilling joint venture
Absence of agreement in the Caspian
worries oil companies
N° 472
P. 12
Spain: Cepsa's net profit up 22% in 1995
N° 476
P. 10
Chad signs oil pipeline agreement with
Cameroon
Exxon anticipates peak crude
production of 200,000 b/d in southern
Chad
Chad
4/3/96
2/12/96 N° 511
P. 9
P. 8
12/2/96 N° 473
P. 3
20/5/96 N° 487
P. 10
27/5/96 N° 488
P. 12
24/6/96 N° 492
P. 12
22/7/96 N° 496
P. 1
23/9/96 N° 501
P. 7
30/9/96 N° 502
P. 9
30/9/96 N° 502
P. 12
11/11/96 N° 508
P. 8
18/11/96 N° 509
P. 8
30/9/96 N° 502
P. 12
P. 12
P. 9
CIS: Chernomyrdin lets off steam over
energy debt
CIS: further slowdown in the decline of
oil output in first-half 1996
Colombia
8/1/96
Chevron
22/1/96 N° 470
N° 485
2/12/96 N° 511
Baku runs into yet another political
obstacle to exporting its oil
CIS
Turkey intends to import Turkmen gas
N° 468
through the Caucasus beginning in 1998 8/1/96
Cepsa
5/2/96
Chevron replaced 138% of reserves in
1995
Chevron and NGC give birth to a gas
giant in the US
Chevron sets out its 1998-99 targets for
Europe and the world
Chevron announces most successful
year in terms of oil discoveries in the
past 15 years
Wave of concentration sweeps through
the gas industry in the United States
3
N° 468
P. 8
29/1/96 N° 471
P. 8
25/3/96 N° 479
P. 8
8/4/96
N° 481
29/7/96 N° 497
P. 12
P. 7
Colombia: Triton plans to bring La
Liebre on stream in 1996
Enron sells 25% interest in Colombia's
Centragas to Japan's Tomen Corp.
Cusiana lifts Colombian crude oil
production by 28.5% in 1995
Colombia: big new find for Chevron
BP seeks changes to the terms of its
contract in Colombia
PETROSTRATEGIES
30/9/96 N° 502
P. 9
7/10/96 N° 503
P. 7
7/10/96 N° 503
P. 7
7/10/96 N° 503
P. 9
7/10/96 N° 503
P. 12
16/12/96 N° 513
P. 9
23/12/96 N° 514
P. 8
Index 1996
Colombia aims to double power
generation to nearly 20,000 MW by
2010
Venezuela and Colombia discard
"informal pact" not to drill along border
Colombia reviewing sliding-scale
contract terms
Colombia to privatize seven power
plants
Colombia announces "giant" oil and gas
find
Colombia's Ecopetrol to spend $1.1
billion on exploration and development
in 1997
Colombia moves on the terms of BP's
Piedemonte sliding-scale contract
Companies
29/7/96 N° 497
Dabhol
15/1/96 N° 469
P. 6
29/1/96 N° 471
P. 10
9/12/96 N° 512
P. 12
16/12/96 N° 513
P. 12
Enron salvages Dabhol in extremis, but
is bruised in the process
India: Enron reaches agreement on
Dabhol
India: Dabhol construction to resume
with court's blessing
India: Enron wraps up Dabhol financing
P. 12
Germany's Deminex reports higher profit
29/4/96 N° 484
P. 7
2/12/96 N° 511
P. 12
Distrigaz's domestic gas sales up 11%,
to 11.8 bcm, in 1995
Wingas and Distrigaz in gas transit
agreement
Deminex
17/6/96 N° 491
Distrigaz
Djibouti
P. 6
30/9/96 N° 502
P. 7
30/9/96 N° 502
P. 12
14/10/96 N° 504
P. 9
9/12/96 N° 512
P. 12
23/12/96 N° 514
P. 10
30/12/96 N° 515
P. 10
Seagull to purchase Global Natural
Resources for $600 million in shares
Ultramar and Diamond Shamrock
announce plans to merge
Niigata and Technip set up joint venture
engineering firm
Bouygues to float stake of 40% to 46%
in Bouygues Offshore
Australia: Premier Oil set to take over
Discovery Petroleum
Marathon sells Alaskan crude interests
to invest in gas
Enron and SCF Partners form EnSerCo
for financing
22/4/96 N° 483
P. 12
24/6/96 N° 492
P. 12
EPP enters Dominican Republic power
plant
P. 8
Elf discovers medium-heavy crude in
Ecuador
1/1/96
N° 467
15/1/96 N° 469
P. 10
P. 9
12/2/96 N° 473
P. 9
Congo: privatization of Hydro-Congo and
Coraf begins
Congo to privatize hydrocarbon sector
in 1996
Congo: Moho the nearest thing to a
giant, N'Kossa comes on stream
Congo: hydrocarbon sector privatization
gets green light
Congo: Exxon and Shell farm-in Elf
deepwater block
Congo: Moho could contain more than
400 million barrels
4/3/96
N° 476
P. 10
4/3/96
N° 476
P. 10
17/6/96 N° 491
8/7/96
N° 494
P. 12
P. 12
29/7/96 N° 497
P. 10
21/10/96 N° 505
P. 6
25/11/96 N° 510
P. 3
and conditions
Conoco and Wingas conclude first
Interconnector contract
Conoco holds spending steady at
around $2.25 billion in 1997
25/11/96 N° 510
25/11/96 N° 510
P. 5
P. 10
2/12/96 N° 511
P. 9
Egypt: Technip to build Midor refinery
Repsol makes new discoveries in
Algeria and Egypt
Egypt puts nine E&P blocks on offer,
assesses two decades of
production-sharing contracts
Israel calls Egyptian gas price
demands "exaggerated"
Egypt: Agip and Amoco discover a new
gas field
Agip reports new oil find in Egypt
British Gas wins huge Red Sea
exploration block
Egypt-Israel: contracts worth $1.2
billion for refinery project
Egypt: Midor turns to Repsol for its
Alexandria refinery project
Foreign investment in the Egyptian
upstream rises
Hydrocarbons in Egypt
Phillips and EGPC ink letter of intent for
plastics plant
ENI announces three new offshore gas
finds in Egypt
Ecuador
22/7/96 N° 496
Egypt
Congo
1/1/96
N° 467
P. 10
1/4/96
N° 480
P. 12
17/6/96 N° 491
P. 2
17/6/96 N° 491
P. 12
22/7/96 N° 496
P. 10
14/10/96 N° 504
P. 12
Conoco
5/2/96
N° 472
P. 7
26/2/96 N° 475
P. 1
30/12/96 N° 515
P. 7
El Paso Natural Gas
Côte d’Ivoire
1/7/96
N° 493
1/7/96
P. 7
30/9/96 N° 502
P. 12
21/10/96 N° 505
P. 10
Abacan and Addax agreement on West
African oil interests
Côte d'Ivoire: UMIC/Shell
production-sharing contract
Côte d'Ivoire: Lion field produces
another find
N° 493
P. 6
Tenneco sells energy business to El
Paso Natural Gas
Electricité de France
Croatia
4/3/96
Djibouti refinery to be built by Saudis
Dominican Republic
1/4/96
N° 480
P. 3
8/4/96
N° 481
P. 9
French oil companies lash out at GdF
and EdF
Electricité de France raises net exports
by 10.3% in 1995
Electricity
N° 476
22/7/96 N° 496
P. 7
P. 10
Italy-Croatia: joint development of
Adriatic gas fields
Enron in gas-fired power project in
Croatia
8/1/96
Cusiana-Cupiagua
1/1/96
N° 467
P. 5
1/4/96
N° 480
P. 12
8/4/96
N° 481
P. 9
Cusiana's petroleum performance
exceeds expectations
Colombia: Cupiagua-5 could produce
22,000 b/d of oil
Final breakdown of Cusiana-Cupiagua
oil among partners will not be known
before 2005
4
N° 468
P. 9
15/1/96 N° 469
P. 6
22/1/96 N° 470
P. 7
29/1/96 N° 471
P. 8
12/2/96 N° 473
P. 6
4/3/96
P. 5
N° 476
EdF joins forces with a Gazprom ally in
Italy
Electricity: California pioneers as world
looks on
Introducing gas-fueled Seabank Power
Ltd.
Chile comes to terms with rising
electricity demand
EU: marked disparity in electricity
prices paid by industry
PETROSTRATEGIES
18/3/96 N° 478
P. 5
8/4/96
N° 481
P. 1
20/5/96 N° 487
P. 2
20/5/96 N° 487
P. 3
3/6/96
N° 489
P. 1
3/6/96
N° 489
P. 6
24/6/96 N° 492
P. 2
24/6/96 N° 492
P. 8
15/7/96 N° 495
P. 6
29/7/96 N° 497
P. 1
2/9/96
N° 498
P. 6
23/9/96 N° 501
P. 7
30/9/96 N° 502
P. 9
30/9/96 N° 502
P. 9
7/10/96 N° 503
P. 9
14/10/96 N° 504
P. 6
4/11/96 N° 507
P. 7
11/11/96 N° 508
P. 3
18/11/96 N° 509
P. 8
18/11/96 N° 509
P. 8
18/11/96 N° 509
P. 8
9/12/96 N° 512
P. 10
23/12/96 N° 514
P. 8
30/12/96 N° 515
P. 6
Index 1996
Gas-electricity: stable domestic
consumer prices in Europe
Electricity set for strong growth
worldwide to 2020
Japan sharply reduces its power
demand growth projections to 2005
Japan seeks to carve out a share of the
Asian electricity market
UK gas bubble whets appetite of power
generators
European Union: compromise on
internal electricity market in sight
Surprising convergence of supply
interests for European electricity and
gas companies
Europe to liberalize a third of its
electricity market by 2003
The shape of the new European
electricity market
Enron and PGC join forces in a
$2.1-billion gas and electricity merger
South Korea has no choice but to
encourage independent power
production
China signs letter of intent for a 2640
MW LNG-fired power plant in Shenzhen
Exxon and Duke sign MOU to develop
power projects in China
Colombia aims to double power
generation to nearly 20,000 MW by
2010
Colombia to privatize seven power
plants
European Union: upward revision of gas
demand for power generators in 2010
Turkey: Enron begins construction of a
478 MW gas-fired power plant at
Marmara
The countdown has begun to an
electricity futures contract in London
China to allow construction of power
plants financed entirely by foreign
investment
UK industry said to be generally
positive about exchange-traded
electricity futures
French incentives to encourage
independent cogeneration ... but with
strings attached
Morocco to build a 300 MW power plant
fueled with Algerian gas
British Gas and Siemens move ahead
with 990 MW Philippines gas-fired
project
Hydro-Québec, CNG and Noverco allow
North American joint venture to expire
P. 5
18/11/96 N° 509
P. 4
18/11/96 N° 509
P. 12
Elf Aquitaine Gaz creates gas trading
and storage subsidiaries
Elf Aquitaine Gaz outlines its strategy
and priorities
France sells 9.1% of its stake in Elf,
keeps “golden share”
Enagas
22/1/96 N° 470
P. 5
11/3/96 N° 477
P. 6
11/3/96 N° 477
P. 7
14/10/96 N° 504
P. 10
Spain boosted gas imports by 16% in
1995
Enagas-Transgas partnerships for
Maghreb-Europe Gas Pipeline (GME)
extension
Enagas to purchase an additional 600
million cu.m. of Nigerian gas
Enagas acquires sole control of Sagane
(GME)
Enel
11/11/96 N° 508
P. 1
23/12/96 N° 514
P. 1
23/12/96 N° 514
P. 7
NLNG lays down the law: Enel must
build a terminal
Enel and NLNG state their positions and
head for the courts
Enel and NLNG press releases
Energy Development Corp.
8/7/96
N° 494
P. 12
Noble to acquire Energy Development
Corp.
P. 1
New Horizons open up for Petronas with
acquisition of a 30% stake in Engen
8/4/96
N° 481
15/4/96 N° 482
27/5/96 N° 488
P. 6
P. 1
P. 10
14/10/96 N° 504
P. 9
4/11/96 N° 507
P. 10
ENI internationalizes its downstream
ENI reports "record results" in 1995
Senior management appointments
within Italy's ENI group
Italian government to privatize a further
8.75% of ENI
Italy: ENI share offering oversubscribed
Engen
24/6/96 N° 492
ENI
Enron
15/1/96 N° 469
P. 6
29/1/96 N° 471
P. 8
5/2/96
N° 472
P. 10
8/4/96
N° 481
P. 1
22/4/96 N° 483
P. 12
6/5/96
P. 4
N° 485
10/6/96 N° 490
P. 12
29/7/96 N° 497
P. 1
Enron sells 25% interest in Colombia's
Centragas to Japan's Tomen Corp.
Enron Corp. expects net income of over
$1 billion in the year 2000
Enron tries to wriggle out of two UK gas
contracts
Enron subsidiary takes over Hardy Oil
& Gas of the US
Enron: ten years old and unbridled
worldwide ambitions
Enron opens Oslo product and service
office
Enron and PGC join forces in a
$2.1-billion gas and electricity merger
Enterprise
Elf
8/1/96
14/10/96 N° 504
N° 468
P. 7
26/2/96 N° 475
P. 2
15/4/96 N° 482
P. 8
22/4/96 N° 483
P. 3
17/6/96 N° 491
2/9/96
N° 498
P. 10
P. 5
16/9/96 N° 500
P. 6
23/9/96 N° 501
Elf to set up "E&P representative office"
in Beijing to identify opportunities in
China
Elf lays the groundwork for resurgence
in the year 2000
Elf claims third deep offshore discovery
in the Gulf of Guinea, this time off
Angola
Elf realizes significant savings in
Nigerian offshore oil development
Kazakhstan: Elf's Temir contract
USA: Elf shifts E&P focus to deepwater
Gulf of Mexico
Higher production gives Elf a 24%
increase in operating income in
first-half 1996
P. 7
Enterprise and Pennzoil join forces in
Gulf of Mexico
22/7/96 N° 496
P. 2
22/7/96 N° 496
P. 6
29/7/96 N° 497
P. 3
29/7/96 N° 497
21/10/96 N° 505
P. 5
P. 5
New threat to oil looms on the horizon:
biofuels
Shift in US position on greenhouse gas
emission targets
132 countries call for "legally-binding
objectives" for carbon dioxide
emissions
Greenhouse gas declaration
Will technology prove more effective
than taxes in combating the greenhouse
effect?
Environment
5
PETROSTRATEGIES
Index 1996
26/2/96 N° 475
Equatorial Guinea
1/4/96
N° 480
P. 12
2/9/96
N° 498
P. 10
11/11/96 N° 508
P. 10
30/12/96 N° 515
P. 10
Equatorial Guinea: Topacio-1 well
strikes oil again on Zafiro
Mobil brings Equatorial Guinea's Zafiro
on stream
Mobil strikes oil again in Equatorial
Guinea
Equatorial Guinea: Mobil and UMC
discover Jade oil field
P. 8
Exxon replaces 110% of oil and gas
reserves in 1995 despite highest
production levels since 1988
P. 7
Finland's Gasum Oy expects to boost
natural gas sales by 36%, to 4.5 billion
cu.m., by 1998
Finland
25/3/96 N° 479
Former Soviet Union
15/7/96 N° 495
P. 8
Iran and Turkmenistan in trilateral gas
agreements with Ukraine and Armenia
29/1/96 N° 471
P. 5
18/3/96 N° 478
P. 7
18/3/96 N° 478
P. 8
22/4/96 N° 483
P. 9
17/6/96 N° 491
1/7/96
N° 493
P. 6
P. 3
8/7/96
N° 494
P. 1
8/7/96
8/7/96
N° 494
N° 494
P. 5
P. 8
21/10/96 N° 505
P. 7
18/11/96 N° 509
P. 8
France: gas imports total a record 32
billion cu.m. in 1995
Further spending cuts by French
refiners on the horizon
French crude oil imports post marginal
growth of 0.9%, to 75.8 million tons, in
1995
France: gas supplies stable in
first-quarter 1996 after soaring 30% in
fourth-quarter 1995
France: energy in 1995
France provides clear evidence of the
shift in petrodollars
Harsh words for the French energy
system from the IEA
IEA recommendations for France
France's service station networks hit
hard by competition from superstore
chains
French imports of Algerian LNG down
33% in third-quarter 1996
French incentives to encourage
independent cogeneration ... but with
strings attached
Europe
26/2/96 N° 475
P. 6
26/2/96 N° 475
P. 7
18/3/96 N° 478
P. 5
France
Small European industrial customers
pay less for gas
Western European natural gas
consumption up 8% in 1995
European Union
12/2/96 N° 473
P. 8
4/3/96
N° 476
P. 5
1/4/96
N° 480
P. 6
13/5/96 N° 486
P. 6
13/5/96 N° 486
20/5/96 N° 487
P. 12
P. 3
20/5/96 N° 487
3/6/96
N° 489
P. 5
P. 6
10/6/96 N° 490
P. 5
17/6/96 N° 491
P. 5
24/6/96 N° 492
P. 1
24/6/96 N° 492
P. 2
24/6/96 N° 492
P. 8
15/7/96 N° 495
P. 5
15/7/96 N° 495
P. 6
22/7/96 N° 496
P. 4
29/7/96 N° 497
P. 1
9/9/96
N° 499
P. 6
30/9/96 N° 502
30/9/96 N° 502
P. 5
P. 6
14/10/96 N° 504
P. 6
4/11/96 N° 507
P. 6
11/11/96 N° 508
P. 2
9/12/96 N° 512
P. 6
9/12/96 N° 512
P. 9
Ten European countries hike petroleum
taxes again
EU: marked disparity in electricity
prices paid by industry
White Paper on a European energy
policy
When will Europe adapt its refining
industry and how?
Monopolies assailed in European court
The European Union's dependence on
gas imports reached 40% in 1995
European Union: natural gas in 1995
European Union: compromise on
internal electricity market in sight
European Union: fuel taxation and
competition in the domestic sector
European Union: gas taxation and
competitiveness in the industrial sector
Third party access to gas grids sweeps
through Europe
gas companies
Europe to liberalize a third of its
electricity market by 2003
Europe and Latin America aim to
cooperate
The shape of the new European
electricity market
Large European industrial customers
pay less for gas
Europe intends to hit back in response
to US "secondary sanctions"
Now European gas producers take the
stage
Petroleum in the EU in 1995
European Union: petroleum tax
harmonization stalled
European Union: upward revision of gas
demand for power generators in 2010
Irish proposal for a European gas
directive
Eurogas forecasts
higher-than-anticipated EU gas
dependency
European Union plans to tax nearly all
energy products from 1998
EU's Advocate-General concludes three
gas import monopolies "compatible"
with Treaty
Gabon
16/12/96 N° 513
P. 3
Ocelot Energy inks two
production-sharing contracts in Gabon
P. 9
Gas Natural's domestic sales jump to
8.2 billion cu.m. in 1995
Spain's Gas Natural to be fully privatized
Gas Natural
3/6/96
N° 489
18/11/96 N° 509
P. 12
Gasunie
8/1/96
N° 468
P. 9
8/4/96
N° 481
P. 2
27/5/96 N° 488
P. 1
Gasunie's turnover up 8.4% despite
stagnant sales
Gasunie ponders new role on the
European gas market
Gasunie's gas imports will total close to
half the amount of its exports by 2020
Gaz de France
Exxon
29/1/96 N° 471
P. 10
Exxon focuses on international
upstream and chemicals
6
1/1/96
N° 467
P. 5
1/1/96
N° 467
P. 8
19/2/96 N° 474
P. 8
1/4/96
N° 480
P. 3
8/4/96
N° 481
P. 12
27/5/96 N° 488
P. 10
24/6/96 N° 492
P. 8
23/9/96 N° 501
21/10/96 N° 505
P. 5
P. 3
4/11/96 N° 507
P. 10
Pierre Gadonneix to be appointed
Chairman of Gaz de France on January
3
Pierre Gadonneix, Chairman, Gaz de
France
GdF posts record results, breaks
through into cogeneration
French oil companies lash out at GdF
and EdF
Kazakhstan: GdF partner in production
of 20,000 b/d
Management reorganization at Gaz de
France
Gadonneix signals that Gaz de France
not entirely hostile to gas TPA
GdF and a watershed for gas in Europe
Slovakia experiments with marketing
gas storage in partnership with Gaz de
France
GdF to acquire stake in local
gas-electricity concern
PETROSTRATEGIES
Index 1996
8/7/96
Gaz de Strasbourg
8/7/96
N° 494
P. 7
Total becomes a player on the French
gas distribution market
N° 469
N° 479
N° 483
N° 491
N° 494
P. 7
P. 10
P. 12
P. 12
P. 1
8/7/96
N° 494
22/7/96 N° 496
P. 10
P. 7
14/10/96 N° 504
P. 1
25/11/96 N° 510
P. 10
Text of Russian-Turkmen gas agreement
Gazprom shares auctioned
Russian gasline to bypass Chechnya
Gazprom diversifies into television
Gazprom comes to grips with new
relations at the political level
Gazprom's new management
Gazprom and Yugoslavia in gas
pipeline joint venture
Gazprom under attack at home and
abroad
Gazprom forecasts higher Western
exports for 1996
Gazprom
15/1/96
25/3/96
22/4/96
17/6/96
8/7/96
N° 494
P. 12
8/7/96
N° 494
22/7/96 N° 496
P. 12
P. 5
29/7/96 N° 497
P. 10
29/7/96 N° 497
P. 10
16/9/96 N° 500
P. 3
23/9/96 N° 501
P. 10
28/10/96 N° 506
P. 6
28/10/96 N° 506
30/12/96 N° 515
P. 7
P. 5
Germany
26/2/96 N° 475
P. 12
8/7/96
P. 7
N° 494
15/7/96 N° 495
P. 12
30/9/96 N° 502
P. 12
7/10/96 N° 503
P. 4
28/10/96 N° 506
P. 10
Indonesia
Germany: BP to close 17% of its
service stations
Ruhrgas to purchase additional 60
billion cu.m. of Norwegian gas
Total tightens western German
marketing network
Germany: record for Russian gas
deliveries
Coal causes Germany's energy
independence to plummet to 40%
Statoil, Ruhrgas to cooperate on
pipelines
19/2/96 N° 474
P. 12
4/3/96
N° 476
P. 8
8/4/96
N° 481
P. 12
15/4/96 N° 482
P. 12
29/4/96 N° 484
P. 12
13/5/96 N° 486
P. 7
24/6/96 N° 492
P. 12
29/7/96 N° 497
P. 6
7/10/96 N° 503
P. 12
25/11/96 N° 510
P. 6
25/11/96 N° 510
P. 10
16/12/96 N° 513
P. 12
Greece
22/1/96 N° 470
29/1/96 N° 471
P. 12
P. 6
26/2/96 N° 475
P. 5
4/3/96
N° 476
P. 8
18/3/96 N° 478
P. 7
16/9/96 N° 500
P. 7
14/10/96 N° 504
P. 12
Greece: LNG terminal at Revithoussa
Greece proposes a new standard E&P
contract
Gazprom and Tenneco express interest
in Greek-Albanian gas pipeline
Now even micro-fields are suitable for
commercial development
Saudi Aramco acquires 50% stake in
Motor Oil (Hellas) and Avin Oil
Greece reportedly to begin receiving
Russian gas this week
Greece gets natural gas via Bulgaria
Gulf
11/3/96 N° 477
P. 1
9/9/96
N° 499
P. 1
30/12/96 N° 515
P. 4
Hungary
17/6/96 N° 491
P. 9
14/10/96 N° 504
P. 7
18/11/96 N° 509
P. 10
23/12/96 N° 514
P. 6
EIA says Gulf nations will have to
Interconnector
invest heavily in the upstream to 2010
26/2/96 N° 475
Surplus gas supply triggers price war in
the Gulf
1/4/96
N° 480
Ties between the United States and
Saudi Arabia apparently slackening
20/5/96 N° 487
3/6/96
N° 489
Gazprom expands Hungarian holdings
29/7/96 N° 497
with acquisition of AEB bank
Ruhrgas begins delivering gas from
21/10/96 N° 505
"diversified sources" to Hungary
Hungary's MOL to purchase 225 billion
4/11/96 N° 507
cu.m. of Russian natural gas
MOL and GdF ink Hungary's second
contract to diversify gas supply
30/12/96 N° 515
P. 1
P. 9
P. 1
P. 12
P. 2
P. 10
P. 1
P. 1
India
15/1/96 N° 469
P. 6
15/1/96 N° 469
P. 12
11/3/96 N° 477
P. 5
18/3/96 N° 478
P. 12
6/5/96
P. 6
N° 485
Conoco in talks on new Indian oil
refineries
India hikes petroleum product prices
India approves Aramco and Shell
refinery projects
Wood Mackenzie study says India to
boost LNG imports
India's Reliance gets higher foreign
investment
India and LNG: a foreordained match or
marriage of convenience?
Adnoc subsidiary wins pipeline contract
in India
India's ONGC plans move into power
generation and refining
Indian Oil Corp. eyes Gulf LNG projects
India backs its call for LNG supplies
with plans to build two regasification
plants
Indonesia: crude exports down, oil
imports up
Indonesia's LNG exports down 8% to 32
billion cu.m. in 1995
Indonesia: Total to produce 450,000
boe/d in the year 2000
Indonesia: Suharto oil company to boost
production
Indonesia and Australia in gas power
deal
Arco hopes to confirm sufficient
reserves to justify building a new LNG
plant in Indonesia
Fourth gas discovery for Arco in
Indonesia
Indonesia and South Korea conclude
third short-term LNG contract (5.2 billion
cu.m.)
Indonesia moves ahead with Natuna
tender
Indonesia's Wiriagar could be world's
largest gas find
Indonesia: Enron concludes power deal
for 500 MW plant
Indonesia to develop both Natuna and
Irian Jaya gas
Interconnector awards first construction
contracts
UK gas bubble reaches record levels
Interconnector financing complete
Interconnector: Wingas boosts
purchases to 3 billion cu.m./annum
Interconnector construction gets
underway
Elf and Shell to contribute a potential 9
to 10 billion cu.m. of gas to the
Interconnector
Distrigaz inks transit contracts for over
half of the Interconnector capacity
Iran
India: panel sees need for more heavy
crude processing
India speeds up approval of refinery
projects; Aramco tops the list
Bahrain considers oil storage facility in
India
Indian demand for hydrocarbons should
double by 2006 - 2007
8/1/96
7
N° 468
P. 12
29/1/96 N° 471
26/2/96 N° 475
P. 8
P. 12
11/3/96 N° 477
P. 10
18/3/96 N° 478
P. 8
Lukoil reportedly withdraws from Iran
oil project bids
Iran passes austerity budget
Iran revises oil reserves upward by 50
billion barrels!
Iran's first Caspian oil platform comes
on stream
US extends Iran emergency in view of
threat to its security
PETROSTRATEGIES
1/4/96
N° 480
15/4/96 N° 482
P. 12
P. 12
17/6/96 N° 491
P. 8
2/9/96
N° 498
16/9/96 N° 500
P. 10
P. 8
23/9/96 N° 501
P. 7
16/12/96 N° 513
P. 12
Index 1996
Iran inaugurates Sarkhoun gas complex
Iran hikes domestic petroleum product
prices
Iran: new offshore oil capacity of
400,000 b/d by 1997
Iran to pay off bulk of debt by 2002
Iran and South Africa call off oil storage
deal
Proven gas reserves of 741 TCF will
see Iran through at least another
century
Iran to boost production capacity to 4.5
million b/d
16/9/96 N° 500
P. 1
25/11/96 N° 510
P. 10
25/11/96 N° 510
9/12/96 N° 512
P. 10
P. 4
16/12/96 N° 513
P. 6
Paris and New York await Baghdad's
response on oil sale
Iraq and the UN seek compromise of
form on oil sale
Signs that Iraq might be ready to turn
the page
The oil market begins to believe that
Iraq really may return
Apparent Iraqi mood of optimism on
outcome of talks with the United Nations
US and Iraq apparently united in desire
for dialogue on oil sales to succeed
Iraq and the UN have apparently
reached agreement on distribution of
food and medicines
Washington and Baghdad hasten to
gainsay Israeli statement
Embargo: Baghdad wants crude
production costs to be considered
separately
12 steps to Iraq oil sales
Iraq-UN talks to resume on March 11,
Iraqi-Turkish contacts begin this week
Iraq says that it will be "flexible" in
search for agreement with the UN
Iraq-UN dialogue: Washington gets
tougher, OPEC in disarray
Washington hardens stance vis-à-vis
Iraq
Iraqi return to New York on April 8
would mean signature of a deal - Anbari
Boutros Boutros Ghali refuses to bend
on Resolution 986; Aziz says "major
hurdles" remain
Renewed optimism surrounds Iraqi-UN
talks
Washington sticks its oar in and
humiliates Baghdad again
New Iraqi tanker stopped while trying to
evade embargo
Iraq: political climate goes from bad to
worse in New York
Iraq and UN reportedly close to
compromise
Iraq: UN supervision of oil sales here to
stay
Iraq returns to the world oil stage
Iraqi opposition would not honor
Elf/Total deals
Sanctions: Washington climbdown in
face of stiff European opposition ...
UN approves food and medicine
distribution plan, bringing Iraq one step
closer to resuming crude sales
UN approval for Iraqi aid distribution
plan
Iraq scores points, oil exporters rake in
the profits
Italy
Israel
6/5/96
N° 485
P. 10
15/7/96 N° 495
P. 10
Iraq
1/1/96
N° 467
P. 4
22/1/96 N° 470
P. 1
22/1/96 N° 470
P. 8
29/1/96 N° 471
P. 1
5/2/96
N° 472
P. 1
12/2/96 N° 473
P. 1
19/2/96 N° 474
P. 7
19/2/96 N° 474
P. 7
26/2/96 N° 475
P. 1
26/2/96 N° 475
4/3/96
N° 476
P. 10
P. 6
11/3/96 N° 477
P. 1
18/3/96 N° 478
P. 1
18/3/96 N° 478
P. 6
25/3/96 N° 479
P. 4
8/4/96
P. 7
N° 481
15/4/96 N° 482
P. 6
29/4/96 N° 484
P. 5
6/5/96
P. 10
N° 485
13/5/96 N° 486
P. 5
20/5/96 N° 487
P. 10
27/5/96 N° 488
P. 1
27/5/96 N° 488
27/5/96 N° 488
P. 5
P. 12
22/7/96 N° 496
P. 1
22/7/96 N° 496
P. 5
22/7/96 N° 496
P. 7
9/9/96
P. 1
N° 499
US redefines strategy in Iraq and settles
for the south
Iraq could return within five weeks if it
meets UN terms
China to develop Iraq's Al-Ahdab oil field
Beware remaining uncertainties
concerning Iraqi oil
Iraq: five crude export contracts already
approved
22/1/96 N° 470
P. 9
26/2/96 N° 475
P. 8
4/3/96
N° 476
P. 7
29/4/96 N° 484
P. 1
29/4/96 N° 484
P. 8
20/5/96 N° 487
P. 6
20/5/96 N° 487
P. 8
24/6/96 N° 492
P. 9
15/7/96 N° 495
P. 8
16/9/96 N° 500
P. 8
23/9/96 N° 501
P. 2
30/9/96 N° 502
P. 1
7/10/96 N° 503
P. 1
7/10/96 N° 503
7/10/96 N° 503
P. 6
P. 8
7/10/96 N° 503
P. 9
28/10/96 N° 506
P. 6
11/11/96 N° 508
P. 1
16/12/96 N° 513
P. 6
16/12/96 N° 513
P. 7
23/12/96 N° 514
P. 1
Bids received for Israel's planned
natural gas pipeline
Gasunie negotiates feasibility study for
Israeli gas project
Italy: British Gas acquires Fiat's
upstream oil and gas assets
Sagging Italian domestic gas production
in 1995 prompts 18% increase in
imports
Italy-Croatia: joint development of
Adriatic gas fields
Only a few more weeks until fate of
Snam's Monfalcone LNG terminal
project is known
Main specifications of the planned LNG
regasification terminal at Monfalcone
Montalto di Castro or Monfalcone? Italy
puts off decision for another month
Italy's oil production posts further
increase (7%), gas output holds steady
Italy: deadline for choice of Nigerian
LNG import terminal extended yet again
Enel "prefers to build" regasification
terminal with Snam at Monfalcone
Italian gas companies protest tripling of
consumer taxes
Italy: Snam on the verge of locking up
the gas market to 2008-10
Gas in Italy: Volta picks up the gauntlet
thrown down by Snam
LNG: Monfalcone "no" vote throws
Rome and Lagos into disarray
Italy: natural gas in 1995
KPI and Agip sign "strategic"
partnership agreement in Italy
Snam begins transporting Algerian gas
for Enel
Italy: Sardinia willing to provide home
for an LNG receiving terminal
NLNG lays down the law: Enel must
build a terminal
NLNG takes Enel to arbitration,
accusing it of breach of contract
Italy: Snam to start taking delivery of
Algerian LNG at its Panigaglia terminal
head for the courts
Japan
8
4/3/96
N° 476
P. 4
8/4/96
N° 481
P. 10
13/5/96 N° 486
P. 9
20/5/96 N° 487
P. 2
20/5/96 N° 487
P. 3
29/7/96 N° 497
P. 10
Japan: LNG imports post moderate
growth in 1995, prices bounce back
Caltex completes withdrawal from
Japan's Nippon Petroleum Refining
Japanese LNG imports leap 7% in
first-quarter 1996
Japan sharply reduces its power
demand growth projections to 2005
Japan seeks to carve out a share of the
Asian electricity market
British Gas ventures onto Japanese
market
PETROSTRATEGIES
16/9/96 N° 500
P. 4
14/10/96 N° 504
P. 8
28/10/96 N° 506
18/11/96 N° 509
P. 10
P. 9
Japan in 2030: oil will have to come to
terms with nuclear and gas
Japan: price of imported LNG at highest
since December 1992
Exxon in Japanese power supply talks
Japan: 1996 sees accentuation of trend
toward higher gas imports
11/3/96 N° 477
P. 10
18/3/96 N° 478
P. 3
22/4/96 N° 483
P. 6
27/5/96 N° 488
P. 2
Jordan: Enron applies to build a
regasification terminal at Aqaba
Mideast gas venture for Enron
Jordan to build a 250,000-b/d export
refinery at Aqaba
3/6/96
N° 489
P. 3
10/6/96 N° 490
P. 1
2/9/96
N° 498
P. 1
Kazakhstan: Veba enters Elf permit
Kazakhstan: GdF partner in production
of 20,000 b/d
Kazakhstan finally on the verge of
breaking oil export stalemate
Kazakhstan: the CPC could start
transporting crude 1998
Kazakhstan: Elf's Temir contract
Gazprom reportedly to quit
Karachaganak consortium; Lukoil may
step in
Lukoil thwarted in bid for
KazakhstanCaspishelf stake
Kazakhstan could issue tender for
Caspian Sea blocks in 1997
Baku awards Georgia pipeline contract
to Kvaerner, Tengiz oil exported by rail
Tengizchevroil completes swap
delivery of crude oil to Azerbaijan and
Georgia
Chevron finally gets its way over
restructuring of the Caspian Pipeline
Consortium
2/9/96
N° 498
P. 2
2/9/96
N° 498
P. 3
2/9/96
N° 498
P. 5
2/9/96
N° 498
P. 5
9/9/96
N° 499
P. 4
9/9/96
N° 499
P. 10
Jordan
1/4/96
N° 480
P. 10
10/6/96 N° 490
24/6/96 N° 492
P. 12
P. 9
Index 1996
Kazakhstan
26/2/96 N° 475
8/4/96
N° 481
P. 12
P. 12
22/4/96 N° 483
P. 1
6/5/96
P. 3
N° 485
17/6/96 N° 491
8/7/96
N° 494
9/9/96
N° 499
P. 10
P. 8
P. 12
7/10/96 N° 503
P. 8
14/10/96 N° 504
P. 7
28/10/96 N° 506
P. 6
16/12/96 N° 513
P. 4
Kuwait
8/1/96
N° 468
P. 1
29/1/96 N° 471
P. 10
15/4/96 N° 482
P. 12
3/6/96
P. 7
N° 489
10/6/96 N° 490
9/9/96
N° 499
P. 6
P. 12
21/10/96 N° 505
28/10/96 N° 506
P. 1
P. 7
China wins in contract in Kuwaiti
upstream, gaining toehold in the Gulf
Kuwait: foreign currency reserves of
only $20 billion
US sees trade with Kuwait as "growth
area"
Kuwait forecasts oil production of 2.85
million b/d from 2005 to 2010
Kuwait Oil Co.
Kuwaiti Oil Minister resigns to stand for
election
Kuwait appoints third Shiite oil minister
Kuwait posts 8.2% growth in GDP in
1995, sees expatriate population shrink
by 20%
Kyrgyzstan
7/10/96 N° 503
P. 12
Kyrgyzstan opens first oil refinery
18/3/96 N° 478
1/4/96
N° 480
P. 12
P. 7
17/6/96 N° 491
P. 9
2/12/96 N° 511
P. 12
Libya lashes out at French firms
Libya: tripartite French-UK-US
declaration
PanCanadian Petroleum wins
exploration contract in Libya
Libya: Wintershall produces 80,000 b/d
of oil
16/9/96 N° 500
P. 3
7/10/96 N° 503
P. 1
7/10/96 N° 503
P. 12
14/10/96 N° 504
P. 8
21/10/96 N° 505
P. 1
18/11/96 N° 509
P. 1
25/11/96 N° 510
P. 1
2/12/96 N° 511
P. 3
9/12/96 N° 512
P. 4
16/12/96 N° 513
P. 1
23/12/96 N° 514
P. 3
23/12/96 N° 514
P. 10
Lukoil
1/4/96
N° 480
P. 1
8/4/96
N° 481
P. 7
Libya
14/10/96 N° 504
P. 10
9/12/96 N° 512
P. 12
P. 8
LNG
22/1/96 N° 470
P. 1
29/1/96 N° 471
P. 2
Lukoil loses its capitals ... but gains
capital
Lukoil: Arco boosts stake to 7.99%,
Swedish broker handles 3.3% package
Introducing Lukarco: Arco and Lukoil
move forward in their joint venture
Lukoil acquires 20% stake in Izvestia
Maghreb-Europe Gasline
11/3/96 N° 477
P. 6
Statoil and Linde team up to reduce LNG
costs
14/10/96 N° 504
P. 9
Linde
24/6/96 N° 492
Sofregaz and South Korea's Halla ink
deal on LNG plants
LNG: spot and short-term trade soared
49% in 1995 to 5.3 billion cu.m.
LNG revenues reach $9.4 billion
worldwide in 1995
Trinidad and Tobago almost certain to
build a second LNG train
Asian LNG demand forecast to double to
124 million tons/annum by 2010
LNG: Total moves into downstream
integration
Shell, Mitsubishi, Mobil, Total and
Amoco all looking to import LNG to
Turkey
Australia: Shell backs joint
Gorgon-NWS LNG project
Spot LNG: Adgas-Cabot contract for 3 +
2 cargoes
Gotaas-Larsen anticipates declining
short-term and rising long-term LNG
trade
South Korea orders six LNG carriers
from its own shipyards
Shell sees room for development of
further LNG projects in Australia
India and LNG: a foreordained match or
marriage of convenience?
LNG: Monfalcone "no" vote throws
Rome and Lagos into disarray
Mitsubishi and Fluor Daniel expand LNG
cooperation
Japan: price of imported LNG at highest
since December 1992
Australia: Woodside rebuffs Shell in
NWS-Gorgon LNG rivalry
Mobil about to be dethroned on the LNG
market by Shell and Total
Trinidad's LNG project to make Europe
"major target market" in subsequent
phases
Timor Sea: BHP-Phillips move to launch
3-million-ton/annum LNG project by
2002
Phillips and Bechtel form alliance to
expand LNG business worldwide
Turkey and Yemen break down regional
boundaries on the international LNG
market
North America: LNG storage hoping for
better days despite competition
Pertamina and Coastal join forces in
LNG in India
Spot LNG trade soars 53%, reaching 3.1 11/11/96 N° 508
billion cu.m., in 1995
LNG carriers: newbuilding slowdown
looming on the horizon
9
P. 8
Enagas-Transgas partnerships for
Maghreb-Europe Gas Pipeline (GME)
extension
Maghreb-Europe Gas Pipeline to begin
commercial operation shortly
Maghreb-Europe Gasline comes on
stream
PETROSTRATEGIES
Index 1996
9/9/96
N° 499
P. 6
16/9/96 N° 500
P. 6
4/11/96 N° 507
P. 6
18/11/96 N° 509
P. 7
2/12/96 N° 511
P. 5
9/12/96 N° 512
Mexico's gas sector on the threshold of
a "big bang"
9/12/96 N° 512
Mexico awards first private gas pipeline
Neste Oy
permit
1/1/96
N° 467
Mexico: natural gas distribution
concessions
P. 5
Malaysia
8/1/96
N° 468
P. 7
29/4/96 N° 484
P. 12
18/11/96 N° 509
P. 12
25/11/96 N° 510
P. 10
Mexico
15/7/96 N° 495
P. 1
14/10/96 N° 504
P. 12
11/11/96 N° 508
P. 10
MLNG2 completed, consortium signs
joint venture agreement for third LNG
plant in Malaysia
MLNG2 inks deal with Japan's Shizuoka
Gas
Malaysia: MLNG3 to supply gas to
Taiwan's CPC
Malaysia: Petronas to spend $6 billion
on downstream
Mobil
5/2/96
N° 472
P. 12
12/2/96 N° 473
P. 3
19/2/96 N° 474
P. 8
4/3/96
N° 476
P. 1
1/4/96
N° 480
P. 1
29/4/96 N° 484
P. 7
10/6/96 N° 490
P. 1
10/6/96 N° 490
P. 12
30/9/96 N° 502
P. 1
30/12/96 N° 515
P. 5
30/12/96 N° 515
P. 5
30/12/96 N° 515
P. 6
Mobil: 106% oil and gas reserve
replacement in 1995
Mobil sets sights on Australia's
Ampolex Ltd.
Downstream: BP and Mobil create a
colossus with sales of $20
billion/annum
Mobil: although happy with results, Noto
does not intend to ease up yet
Mobil increases its Nigerian oil
production by 44%
Organizational shake-up at Mobil felt
around the world
PanEnergy and Mobil finalize joint
marketing operation
Mobil aims to boost production by 50%
in ten years, taking it to 2.4 million
boe/d
British Gas and Mobil settle take-or-pay
disputes covering 28 bcm of gas
BP and Mobil move ahead with
European ventures
BP and Mobil progress in France
18/3/96 N° 478
P. 9
P. 3
P. 12
P. 10
9/12/96 N° 512
P. 10
Fuel and electricity pay the price for
higher Moroccan coal imports
Morocco to build a 300 MW power plant
fueled with Algerian gas
Mozambique
14/10/96 N° 504
8/4/96
N° 481
P. 2
27/5/96 N° 488
P. 1
24/6/96 N° 492
29/7/96 N° 497
P. 5
P. 6
28/10/96 N° 506
P. 10
4/11/96 N° 507
12/2/96 N° 473
P. 12
11/3/96 N° 477
P. 7
18/3/96 N° 478
P. 4
25/3/96 N° 479
P. 10
22/4/96 N° 483
P. 3
22/4/96 N° 483
P. 9
29/4/96 N° 484
P. 7
29/4/96 N° 484
P. 7
1/7/96
N° 493
P. 10
2/9/96
N° 498
P. 10
Mozambique: Pande to produce first gas
23/12/96 N° 514
in 2000
P. 1
P. 9
Thailand and Myanmar's Yadana gas
project
23/12/96 N° 514
P. 7
P. 3
19/2/96 N° 474
P. 2
18/3/96 N° 478
P. 5
1/4/96
N° 480
P. 4
1/4/96
N° 480
24/6/96 N° 492
P. 5
P. 1
24/6/96 N° 492
P. 2
9/9/96
P. 1
N° 499
Nigeria: Shell in talks on gas
transmission project
Enagas to purchase an additional 600
million cu.m. of Nigerian gas
Nigeria's LNG project wraps up sales
and options at 7.15 billion cu.m./annum
Nigeria: Shell deepwater find rumored to
be big
Elf realizes significant savings in
Nigerian offshore oil development
Main parameters of Nigeria's LNG
project
Mobil lifts its stake in the Oso 2 NGL
project to 51%
Mobil increases its Nigerian oil
production by 44%
PanEnergy and NLNG in long-term LNG
carrier charters
Nigeria accuses oil companies of
"cheating"
head for the courts
Enel and NLNG press releases
NITC
Natural Gas
22/1/96 N° 470
Gasunie ponders new role on the
European gas market
Gasunie's gas imports will total close to
half the amount of its exports by 2020
Gas: liberalization the Dutch way
Elf takes just six weeks to bring Dutch
offshore gas field on stream
BP-Sonatrach gas marketing office in
the Netherlands
Nigeria
P. 12
Myanmar
Neste refocuses E&P activities, moves
to Middle East and joins forces with Elf
in Russia
Neste announces 1995 results
Netherlands
Morocco
24/6/96 N° 492
Now European gas producers take the
stage
GdF and Distrigaz want to see market
changes taken into account in pricing
formulas for imported gas
Irish proposal for a European gas
directive
Natural gas in 2020: availability,
constraints and dependence
First Gas Executives’ Summit
Conference
IPE to introduce Europe's first gas
futures contract on January 31, 1997
Specifications for the IPE's NBP contract
$40 billion needs to be spent on new
gas storage capacity worldwide
Gas trade growth outstrips rise in
consumption in 1995
World gas in 1995
Third party access to gas grids sweeps
through Europe
gas companies
Surplus gas supply triggers price war in
the Gulf
10
15/1/96 N° 469
P. 8
19/2/96 N° 474
P. 8
8/4/96
N° 481
P. 8
17/6/96 N° 491
P. 7
NITC moves up to third place for U/VLCC
spot charters departing the Gulf, behind
Exxon and Vela
Vela cuts, NITC boosts, spot crude
liftings in January
Iran withdraws completely from the spot
tanker charter market
NITC and KPC very active on the spot
charter market, Vela holds the line
NOPEC
12/2/96 N° 473
P. 9
29/4/96 N° 484
P. 1
Non-OPEC crude oil supply slightly
lower than IEA forecasts
Non-OPEC countries cause drastic
revision to IEA price forecasts for the
year 2000
P. 12
French-Norwegian gasline approved
NorFra gasline
3/6/96
N° 489
PETROSTRATEGIES
Index 1996
2/12/96 N° 511
North Sea
15/4/96 N° 482
P. 12
29/4/96 N° 484
P. 12
6/5/96
N° 485
P. 10
15/7/96 N° 495
4/11/96 N° 507
P. 12
P. 7
9/12/96 N° 512
P. 12
Work begins on Schiehallion project in
the North Sea
North Sea: BP's Harding field to come
on stream
Phillips: successful J-Block well test in
North Sea
First oil from the North Sea Andrew field
Reserve recovery rate of 75% for
Britannia for an opex of under $2/boe
Record North Sea oil output of 6.47 mbd
forecast in 1997
Norway
1/1/96
N° 467
P. 2
12/2/96 N° 473
P. 12
8/4/96
N° 481
P. 9
13/5/96 N° 486
P. 1
13/5/96 N° 486
P. 12
27/5/96 N° 488
P. 3
3/6/96
P. 12
N° 489
24/6/96 N° 492
P. 8
8/7/96
N° 494
P. 2
8/7/96
N° 494
P. 7
21/10/96 N° 505
P. 10
28/10/96 N° 506
P. 10
23/12/96 N° 514
P. 10
23/12/96 N° 514
P. 10
Norway to invest some of its surplus
petrodollars in state petroleum fund
Exxon: 75,000 b/d of oil from Norwegian
Balder field
Statoil building Norway's first LNG
facility
In a new departure, Norway intends to
export gas-generated electricity
Czechs look to buy 3 bcm/annum of
Norwegian gas
Norwegian hydrocarbon resources and
output just keep climbing
Statoil holds 12.3% of power producer
Hafslund
Norway's Troll field reaches major
milestone as production phase starts
Halten Bank comes into its own as
Norway's new gas export province
Ruhrgas to purchase additional 60
billion cu.m. of Norwegian gas
Norway: 1997 budget surplus of NOK 41
billion
Norway's Europipe II could be laid via
Denmark
Norway: Aasgard to be tied into Statpipe
gasline
Norway: record oil output
Nuclear
24/6/96 N° 492
P. 6
8/7/96
N° 494
P. 7
18/11/96 N° 509
P. 5
Slight recovery forecast for nuclear
power worldwide by 2010
The United Kingdom's two oldest power
plants could operate to 50
Extended lifetime and standardization:
nuclear power battles gas and coal
Occidental Petroleum
19/2/96 N° 474
P. 9
1/4/96
N° 480
P. 10
2/12/96 N° 511
P. 10
Occidental Petroleum Corp. announces
net income of $511 million in 1995
Oxy replaces 143% of hydrocarbon
production in 1995
Oxy doubles oil and gas revenues,
slashes debt, pursues “aggressive”
growth in turnaround
P. 2
Offshore production would result in
stagnant demand for OPEC oil to the
year 2000
15/1/96 N° 469
P. 3
15/1/96 N° 469
P. 10
4/3/96
N° 476
P. 7
8/4/96
N° 481
P. 5
8/4/96
N° 481
P. 7
20/5/96 N° 487
P. 6
9/9/96
N° 499
P. 9
30/9/96 N° 502
14/10/96 N° 504
P. 5
P. 3
2/12/96 N° 511
P. 1
16/12/96 N° 513
P. 1
IEA optimistic that the Gulf will be able
to meet increased oil demand in 2010
Sustained demand produces firm oil
prices
EIA says non-OPEC producers will
account for 70% of growth in supply in
1996
API promises a century of abundant oil
if ...
Western oil companies ask Russia to
provide further legal and fiscal
guarantees on production-sharing
agreements
Offshore accounts for growing share of
world oil production
Oil demand will not weaken before
second-quarter 1997
Petroleum in the EU in 1995
Oil prices: fundamentals back in play
as the Iraqi factor fades
Market unfazed by prospect of an
eventual return of Iraqi oil
1997 crude prices: conservatism and
caution are the watchwords
Oil
OK Petroleum
5/2/96
5/2/96
3/6/96
N° 472
N° 472
N° 489
P. 10
P. 10
P. 10
OK Petroleum changes name to Preem
OK Petroleum changes name to Preem
Saudi Arabia's Corral demerges former
OK Petroleum
22/1/96 N° 470
P. 10
4/3/96
N° 476
P. 1
18/3/96 N° 478
P. 7
20/5/96 N° 487
27/5/96 N° 488
P. 10
P. 9
17/6/96 N° 491
P. 3
8/7/96
N° 494
P. 3
22/7/96 N° 496
P. 8
7/10/96 N° 503
P. 3
14/10/96 N° 504
28/10/96 N° 506
P. 12
P. 4
18/11/96 N° 509
P. 10
18/11/96 N° 509
P. 12
Oman: closing date for E&P bids
extended to March 2
Oman on the verge of wrapping up the
sale of its future LNG output
South Koreans to enter Oman's LNG
project with a 5% stake
Oman's gas reserves increased
Oman awards main EPC contract for its
LNG plant to Chiyoda and Foster
Wheeler consortium
Thailand enables Oman to wrap up its
LNG scheme
Oman lifts production to 900,000 b/d,
aims even higher
PDO expects gas lift oil production
gains of 5% to 10%
Oman LNG trims costs, finalizes
partnership with Kogas
Oman nixes Indian gasline project
Will Oman LNG opt for a third
liquefaction train?
Oman: Foster Wheeler and Chiyoda win
$1.2 billion contract to build the Al
Ghalilah LNG plant
Oman: BP in $900 million petrochemical
venture
Oman
OECD
8/1/96
N° 468
P. 8
28/10/96 N° 506
P. 5
30/12/96 N° 515
P. 3
OECD notes that "signs of weakness in
activity appeared" in its area
Developed countries: upward revision
of energy demand covered by gas and
nuclear power
OECD forecasts decline in crude prices
in 1997 and 1998
OMV
2/9/96
N° 494
P. 4
15/7/96 N° 495
P. 3
30/9/96 N° 502
P. 4
P. 7
Austria's OMV to boost spending by
nearly 40%
N° 468
P. 3
15/1/96 N° 469
P. 1
15/1/96 N° 469
P. 8
12/2/96 N° 473
P. 9
OPEC producers publish prudent 1996
budgets
Higher prices push OPEC oil revenues
over the $140 billion mark in 1995
OPEC crude production hits 25.56
million b/d in December 1995
OPEC crude production significantly
higher at 25.75 million b/d
OPEC
Offshore
8/7/96
N° 498
8/1/96
Shell gets itself into deep water...
willingly
The lure of the deep offshore: Gulf of
Mexico production to double
Scarcity of rigs slows down deepwater
development worldwide
11
PETROSTRATEGIES
11/3/96 N° 477
P. 7
11/3/96 N° 477
P. 8
25/3/96 N° 479
P. 3
15/4/96 N° 482
P. 6
15/4/96 N° 482
P. 6
22/4/96 N° 483
P. 4
29/4/96 N° 484
P. 1
6/5/96
N° 485
P. 6
13/5/96 N° 486
P. 8
13/5/96 N° 486
P. 8
10/6/96 N° 490
P. 4
10/6/96 N° 490
10/6/96 N° 490
17/6/96 N° 491
P. 9
P. 10
P. 7
15/7/96 N° 495
P. 4
15/7/96 N° 495
P. 8
15/7/96 N° 495
P. 9
16/9/96 N° 500
P. 6
16/9/96 N° 500
P. 10
14/10/96 N° 504
P. 2
14/10/96 N° 504
P. 8
11/11/96 N° 508
P. 6
9/12/96 N° 512
9/12/96 N° 512
16/12/96 N° 513
P. 7
P. 8
P. 6
Index 1996
OPEC crude production holds steady at
25.7 million b/d in February
IEA issues sharply higher forecast for
call on OPEC crude in first-quarter 1996
OPEC's Arab members lose ground in
the US
OPEC crude oil production jumps
300,000 b/d in March
Call on OPEC crude forecast to be just
23.8 million b/d in second-quarter 1996
OPEC revenues up 7%, to $38 billion, in
first-quarter 1996
year 2000
Venezuela proposes a "redefinition" of
OPEC's crude oil supply quotas
OPEC crude production up yet again, to
26.1 million b/d, in April 1996
Call on OPEC crude revised upward to
24 million b/d for second-quarter 1996
Iraq returns, Gabon departs, OPEC
maintains status quo
IEA gives OPEC good news
100th Meeting of the OPEC Conference
OPEC posts further increase in output,
to 26.2 million b/d, in May
OPEC revenues soar to $78 billion in
first-half 1996
OPEC oil output climbs to 25.7 million
b/d in June
IEA revises forecast call on OPEC
crude upward for second-half 1996
OPEC production on course to surpass
26 million b/d in September
Saudi Arabia claims credit for market
"stability"
OPEC revenues could be close to $160
billion in 1996
OPEC crude output up 45,000 b/d to 26
million b/d in September
OPEC crude oil output exceeds 26
million b/d in October
101st Meeting of the OPEC Conference
OPEC: 1995 key indicators
OPEC crude output nears 26.2 million
b/d
Orimulsion
1/1/96
N° 467
P. 10
6/5/96
N° 485
P. 10
13/5/96 N° 486
15/7/96 N° 495
P. 12
P. 12
21/10/96 N° 505
P. 7
Papua New Guinea: $1-billion gasline
from Kutubu and Pandora to
northeastern Australia
15/1/96 N° 469
P. 9
5/2/96
N° 472
P. 12
11/3/96 N° 477
P. 10
PDVSA auctions ten exploration areas
with production potential of 1.5 million
b/d of oil
Venezuela: PDVSA may hedge against
price fluctuations
PDVSA moves into Ecuador's
downstream, eyes that of Peru
PDVSA
Pennzoil
23/9/96 N° 501
P. 7
Enterprise and Pennzoil join forces in
Gulf of Mexico
29/4/96 N° 484
P. 9
29/4/96 N° 484
P. 9
3/6/96
P. 4
Peru on verge of signing E&P deals
worth $121.7 million with foreign oil
companies
Mobil and partners ink deal to explore
two blocks in southern Peru
Peru on threshold of implementing giant
gas and NGLs project
Shell invites proposals for Peruvian gas
pipeline
Repsol to invest over $200 million in
Peru in the next five years
Repsol acquires Peru's Solgas
Peru
N° 489
11/11/96 N° 508
P. 10
18/11/96 N° 509
P. 10
30/12/96 N° 515
P. 10
Petrobras
5/2/96
N° 472
P. 9
4/11/96 N° 507
P. 2
8/4/96
N° 481
P. 12
PetroFina sells stake in polystyrene
plant to Enichem
P. 1
New Horizons open up for Petronas with
acquisition of a 30% stake in Engen
15/4/96 N° 482
P. 12
13/5/96 N° 486
P. 12
2/12/96 N° 511
P. 12
Philippines: Petron launches expansion
project
Thailand's PTT to invest in Philippine
downstream
Philippines: Enron, First Gas to supply
990 MW power plant
Shell and Oxy ink MOU to convert
nuclear power plant in the Philippines to
a gas-fired facility
British Gas and Siemens move ahead
with 990 MW Philippines gas-fired
project
Petronas
24/6/96 N° 492
Philippines
P. 9
P. 8
Phillips
8/1/96
P. 8
Lasmo and National Power looking at
importing LNG to Pakistan
N° 468
P. 10
26/2/96 N° 475
P. 8
6/5/96
N° 485
P. 7
9/12/96 N° 512
P. 4
16/12/96 N° 513
P. 8
PanEnergy Corp.
8/1/96
N° 468
P. 9
12/2/96 N° 473
P. 3
19/2/96 N° 474
P. 9
6/5/96
P. 8
N° 485
Petrobras and YPF team up to develop
regional downstream opportunities
Petrobras "welcomes" foreign
competition as Brazil faces shortage of
refining capacity
Petrochemicals
Venezuela: Conoco and Statoil in
9/12/96 N° 512
Orimulsion project
Florida Power & Light bows out of
Orimulsion contract
23/12/96 N° 514
Venezuela and China in Orimulsion deal
Venezuela: Statoil/Conoco Orimulsion
deal approved
Pakistan
7/10/96 N° 503
Papua New Guinea
10/6/96 N° 490
P. 12
2/12/96 N° 511
P. 1
Panhandle Eastern Corp. becomes
PanEnergy Corp.
PanEnergy Corp. earnings up 35% to
record level in 1995
Sonatrach now holds a 4.99% stake in
PanEnergy
PanEnergy and Mobil finalize joint
marketing operation
PanEnergy and Duke swap stock in the
world's biggest ever electricity-gas
merger
Phillips' 1996 capital budget unchanged
at $1.4 billion
Phillips replaces 139% of production,
sees average F&D cost rise by 22%
Phillips further increases its 1996 E&P
budget by 20%
Phillips and Bechtel form alliance to
expand LNG business worldwide
Phillips' E&P spending to shrink 12% in
1997, plastics and downstream benefit
Poland
13/5/96 N° 486
P. 12
Poland sets up oil holding company
P. 7
Saudi Aramco eyes Portuguese
downstream
Portugal
3/6/96
12
N° 489
PETROSTRATEGIES
3/6/96
N° 489
P. 8
3/6/96
N° 489
P. 8
3/6/96
N° 489
P. 12
Index 1996
Portugal issues new gas consumption
forecasts for 2010-12
Portugal's Petrogal interested in
Transgas privatization
Portugal-Angola oil venture
Ruhrgas
year 2000
European report demystifies Middle
Eastern oil domination
World oil and gas equipment and
services market estimated at $315
billion/annum
World energy in 1995
Oil reserve additions from wildcats
plummet 45% in 1995
World coal trade posts strong growth in
1995, despite modest production
increase
Shell offers a rare glimpse of its view of
world oil and gas demand to 2020
EIA offers an instructive look at US
energy forecasts
Developed countries: upward revision
of energy demand covered by gas and
nuclear power
Hydrocarbons: Colitti stresses
interdependence with abundant
resources
Will the world be facing a fossil fuel
shortage in 2050?
1/7/96
P. 1
3/6/96
N° 489
P. 1
3/6/96
N° 489
P. 9
8/7/96
2/9/96
N° 494
N° 498
P. 6
P. 6
2/9/96
N° 498
P. 7
16/9/96 N° 500
P. 5
23/9/96 N° 501
P. 1
28/10/96 N° 506
P. 5
4/11/96 N° 507
P. 3
11/11/96 N° 508
P. 4
P. 12
P. 12
P. 5
25/3/96 N° 479
P. 6
15/4/96 N° 482
P. 12
22/4/96 N° 483
P. 8
17/6/96 N° 491
P. 8
1/7/96
P. 7
N° 493
4/11/96 N° 507
P. 10
9/12/96 N° 512
P. 3
Attempted coup fails in Qatar
Qatar pulls out of Gulf military alliance
Ras Laffan LNG kicks off construction of
the first train for its Qatari plant
Qatar: Gulfstream says Arab B could
produce oil in 1996
Qatar: contracts awarded for Ras Laffan
offshore facilities
Chevron returns to the Gulf upstream
with an E&P permit in Qatar
Iraq offers to let Qatar use its gas
pipeline network
Arco and Qatar reach agreement on
developing the Al Rayyan oil field
India could take Enron's entire Qatari
LNG output
Break-even point for Qatar's Ras Laffan
LNG scheme put at approximately $16/b
Repsol
22/1/96 N° 470
P. 5
22/1/96 N° 470
P. 9
5/2/96
N° 472
20/5/96 N° 487
P. 12
P. 10
10/6/96 N° 490
P. 9
24/6/96 N° 492
P. 3
29/7/96 N° 497
P. 3
23/9/96 N° 501
P. 10
21/10/96 N° 505
P. 6
Liesen's parting advice to Ruhrgas ...
and anyone else listening
N° 468
P. 4
15/1/96 N° 469
22/1/96 N° 470
P. 7
P. 8
22/1/96 N° 470
P. 10
22/1/96 N° 470
26/2/96 N° 475
P. 12
P. 7
26/2/96 N° 475
P. 12
11/3/96 N° 477
P. 4
25/3/96 N° 479
P. 1
1/4/96
N° 480
P. 9
15/4/96 N° 482
P. 7
10/6/96 N° 490
10/6/96 N° 490
P. 7
P. 12
17/6/96 N° 491
P. 8
24/6/96 N° 492
P. 12
1/7/96
N° 493
P. 10
8/7/96
N° 494
P. 1
15/7/96 N° 495
P. 9
15/7/96 N° 495
22/7/96 N° 496
P. 12
P. 6
22/7/96 N° 496
P. 6
9/9/96
N° 499
P. 7
16/9/96 N° 500
P. 7
7/10/96 N° 503
P. 12
14/10/96 N° 504
P. 12
28/10/96 N° 506
P. 1
4/11/96 N° 507
P. 10
11/11/96 N° 508
P. 6
18/11/96 N° 509
P. 10
9/12/96 N° 512
P. 12
23/12/96 N° 514
P. 6
30/12/96 N° 515
P. 8
30/12/96 N° 515
P. 10
Russian Federal Law on
production-sharing agreements
Signature of Azerbaijan-Russia
agreement on crude transportation
Russia: oil exports decline, gas exports
rise in 1995
Russia: oil, gas and political donations
Agreement on transporting Azerbaijani
crude to Novorossiysk inked
Russia: Yeltsin criticizes Gazprom
officials over wages
Russian gas: higher consumption would
erode exports
Russia seeks to stabilize hydrocarbon
production in 1996
Shell hopes to produce 120,000 b/d
from Russia's Salym fields
Feasibility study for giant
Russian-Chinese gas pipeline
Oil in Russia
Russia to expand municipal gas
supplies
Elf and Neste link up to develop
Russian oil fields
Russia and Serbia plan oil pipeline to
the Adriatic
Belarussian section of Yamal gas
pipeline postponed
Gazprom comes to grips with new
relations at the political level
Germany's VNG to receive first "Yamal"
gas
Yeltsin reins in Lebed
Russia bows to US on foreign joint
venture taxes
South Koreans enter giant Irkutsk fields
and moot export pipeline project
Russia: breakdown of oil and gas
reserves
Greece reportedly to begin receiving
Russian gas this week
BP inaugurates first Russian service
station
Russia still favors Chechen route for oil
exports
Yeltsin decree introduces differentiated
wholesale gas prices in Russia
Russia awards new Timan Pechora
development permit
Romania reportedly to receive 42 billion
cu.m./annum of Russian gas for local
consumption and transit
Hungary's MOL to purchase 225 billion
cu.m. of Russian natural gas
Russia: Rosneft opposes Exxon Timan
Pechora permit
Ukraine-Gazprom agreement on gas
sales and transit in 1997
Timan Pechora consortium signs
production-sharing agreement
Russia to supply 6 bcm of gas to
Slovakia in 1997
8/1/96
Qatar
26/2/96 N° 475
18/3/96 N° 478
25/3/96 N° 479
P. 1
Russia
Primary Energy
29/4/96 N° 484
N° 493
1995
Repsol's net earnings up 21.6% in 1995;
government sells off further 11%
holding
Spain: strong demand for Repsol shares
Spain to sell off remaining 10% stake in
Repsol
Alfonso Cortina replaces Oscar Fanjul
at helm of Spain's Repsol
Fanjul's parting gift to Repsol: two major
downstream acquisitions in Latin
America
Repsol: management reshuffle and
upstream, gas and electricity expansion
Repsol restructures marketing
operations
Egypt: Midor turns to Repsol for its
Alexandria refinery project
13
Saga
9/12/96 N° 512
P. 1
Acquisition of Santa Fe opens new
horizons for Saga Petroleum
PETROSTRATEGIES
Index 1996
Sakhalin
South America
27/5/96 N° 488
P. 10
27/5/96 N° 488
P. 10
17/6/96 N° 491
P. 1
9/9/96
N° 499
P. 12
2/12/96 N° 511
P. 12
Completion of Exxon contracts for
Sakhalin III
Sakhalin II "commencement date"
officially announced
Sakhalin I reaps benefits of Russian
election before the rest of the
Federation
Russia: Sakhalin I appraisal well being
drilled
Sakhalin Energy awards $35-million
offshore contract
8/1/96
N° 468
P. 1
26/2/96 N° 475
P. 12
18/3/96 N° 478
17/6/96 N° 491
P. 10
P. 12
1/7/96
P. 1
N° 493
29/7/96 N° 497
30/9/96 N° 502
P. 8
P. 12
Riyadh reassurances: stability and
continuity are the order of the day
Saudi Arabia: King Fahd resumes
official duties
Saudi Arabia's Rabigh refinery
Neste and Alujain launch MTBE project
in Saudi Arabia
Saudi Arabia in throes of new era of
political turbulence
Saudi Arabia announces new oil find
Chevron to build $650-million Saudi
petrochemical complex
P. 1
1/4/96
N° 480
P. 9
16/9/96 N° 500
P. 5
16/12/96 N° 513
P. 3
16/12/96 N° 513
P. 4
Shell to invest $12.6 billion in 1996,
aims for 15% return on mature
operations
Shell hopes to produce 120,000 b/d
from Russia's Salym fields
Shell offers a rare glimpse of its view of
world oil and gas demand to 2020
Shell takes steps to improve European
refining operations
Shell plans to spend $10 billion in the
Gulf of Mexico
Slovakia
21/10/96 N° 505
P. 3
15/7/96 N° 495
P. 5
19/2/96 N° 474
P. 3
20/5/96 N° 487
P. 6
22/7/96 N° 496
P. 6
29/7/96 N° 497
P. 6
2/9/96
N° 498
P. 5
2/9/96
N° 498
P. 6
22/1/96 N° 470
P. 5
17/6/96 N° 491
P. 1
1/7/96
1/7/96
9/9/96
N° 493
N° 493
N° 499
P. 5
P. 6
P. 4
1/1/96
N° 467
P. 6
1/1/96
N° 467
P. 6
13/5/96 N° 486
P. 9
24/6/96 N° 492
P. 8
21/10/96 N° 505
16/12/96 N° 513
P. 10
P. 8
P. 8
16/9/96 N° 500
P. 1
23/9/96 N° 501
P. 2
Slovakia experiments with marketing
gas storage in partnership with Gaz de
France
Main specifications of the planned LNG
regasification terminal at Monfalcone
Snam: another 8 bcm/annum of Russian
gas
Italy: Snam on the verge of locking up
the gas market to 2008-10
Sonatrach
1/1/96
N° 467
P. 1
1/1/96
N° 467
P. 5
1/1/96
5/2/96
N° 467
N° 472
P. 6
P. 1
19/2/96 N° 474
P. 1
22/4/96 N° 483
P. 1
10/6/96 N° 490
P. 8
1/7/96
P. 8
N° 493
Strong resurgence of interest in
Algeria's E&P potential
Algeria would enable BP to increase its
worldwide gas production by 30%
BP-Sonatrach gas contract
Sonatrach encore: E&P contract with
Total and Repsol for giant TFT field
Algeria: liquids output of 1.7 to 1.9
million b/d by the year 2000
Sonatrach plans to expand cooperation
with ENI to include petrochemicals
Sonatrach creates specialized
subsidiaries
N° 480
16/9/96 N° 500
P. 12
P. 8
1995
Spain beats EU to the punch, introduces
limited third party access for gas
Gas third party access in Spain
Spain introduces oil TPA as well
Statoil reduces operating expenses
further
Oil discoveries only replaced 22% of
Statoil's 1995 production
Statoil to build import terminal in Latvia
as part of stepped-up investment in the
Baltic
Statoil and Linde team up to reduce LNG
costs
Statoil's German units merged
Statoil to reorganize offshore interests
on Norwegian continental shelf
Sudan
29/7/96 N° 497
P. 10
16/12/96 N° 513
P. 9
Sudan inaugurates 10,000-b/d refinery
to process local crude
Petronas and CNPC come to the aid of
Arakis in Sudan
Suez Canal
22/4/96 N° 483
P. 5
2/12/96 N° 511
P. 12
Suez Canal fights rearguard action
against tough Sumed competition
Egypt: Suez Canal announces tanker
discounts
Sumed
22/4/96 N° 483
P. 5
Suez Canal fights rearguard action
against tough Sumed competition
P. 10
Independent tanker owners overtake oil
companies
Finally, things may be looking up for
VLCC owners
Tankers
2/9/96
N° 498
25/11/96 N° 510
P. 4
Taxes
South Africa
1/4/96
South Korea: sharp readjustment of LNG
demand outlook for 2000- 2006
South Korea: call for tenders for six
LNG newbuildings over 135,000 cu.m.
South Koreans enter giant Irkutsk fields
and moot export pipeline project
Indonesia and South Korea conclude
third short-term LNG contract (5.2 billion
cu.m.)
South Korea orders six LNG carriers
from its own shipyards
South Korea has no choice but to
encourage independent power
production
Statoil
Snam
29/4/96 N° 484
Outlook for Argentinean gas in the
"Southern Cone"
Europe and Latin America aim to
cooperate
Spain
Shell
25/3/96 N° 479
P. 6
South Korea
Saudi Arabia
8/1/96
N° 468
South African cooperation agreement
for Phillips
Iran and South Africa call off oil storage
deal
14
12/2/96 N° 473
P. 8
18/3/96 N° 478
P. 12
22/4/96 N° 483
P. 7
30/9/96 N° 502
P. 6
Ten European countries hike petroleum
taxes again
France: tax exemption for electric and
gas vehicles
Companies undeterred by tough E&P
fiscal terms...
European Union: petroleum tax
harmonization stalled
PETROSTRATEGIES
9/12/96 N° 512
P. 6
Index 1996
European Union plans to tax nearly all
energy products from 1998
Turkey
Technip posts 18.5% increase in net
income 1995
Technip reports higher income in 1995
19/2/96 N° 474
P. 1
26/2/96 N° 475
P. 7
Kazakhstan finally on the verge of
breaking oil export stalemate
Output from Kazakhstan's Tengiz field
hit 100,000 b/d in March
Kazakhstan: the CPC could start
transporting crude 1998
22/4/96 N° 483
P. 10
1/7/96
N° 493
P. 10
2/9/96
N° 498
P. 1
16/9/96 N° 500
P. 1
23/9/96 N° 501
P. 6
4/11/96 N° 507
P. 7
18/11/96 N° 509
P. 1
16/12/96 N° 513
P. 7
8/1/96
N° 468
P. 12
Technip
19/2/96 N° 474
P. 12
25/3/96 N° 479
P. 10
Tengiz
22/4/96 N° 483
P. 1
29/4/96 N° 484
P. 7
6/5/96
N° 485
P. 3
1/1/96
N° 467
18/3/96 N° 478
P. 7
P. 8
6/5/96
N° 485
P. 1
25/11/96 N° 510
P. 2
Texaco
Texaco technologies break through
Texaco's net income down 33% to $607
million in 1995, $3.6 billion capex
program in 1996
Texaco aims to boost production by
one-third by the year 2000
Building a better Texaco: "realignment"
to boost efficiency and performance
Thailand
1/7/96
1/7/96
N° 493
N° 493
P. 10
P. 10
Thailand inaugurates Rayong refinery
Thailand's EGAT approves privatization
plans
Turkmenistan
15/1/96 N° 469
22/1/96 N° 470
P. 7
P. 12
Tosco buys Unocal's downstream
assets to become No. 1 US independent
refiner
19/2/96 N° 474
P. 1
15/7/96 N° 495
P. 12
21/10/96 N° 505
P. 8
21/10/96 N° 505
P. 10
Tosco
25/11/96 N° 510
P. 1
Total
5/2/96
4/3/96
N° 472
N° 476
P. 3
P. 10
13/5/96 N° 486
P. 2
10/6/96 N° 490
P. 1
8/7/96
N° 494
P. 7
9/9/96
N° 499
P. 4
23/12/96 N° 514
P. 1
Total now states its ambitions for 2005
French government cuts stake in Total
to 1%
South America gives France's Total a
fourth upstream focus
LNG: Total moves into downstream
integration
Total becomes a player on the French
gas distribution market
Total now expects to double production
outside the Middle East in eight, not ten,
years
Total allows itself new ambitions and
diversifies around the Gulf
Trinidad and Tobago
15/1/96 N° 469
P. 12
25/3/96 N° 479
P. 10
22/4/96 N° 483
P. 10
29/4/96 N° 484
27/5/96 N° 488
P. 12
P. 2
24/6/96 N° 492
P. 12
18/11/96 N° 509
P. 12
25/11/96 N° 510
P. 1
Trinidad: Amoco announces new gas
find
Trinidad: BG produces first gas from
Dolphin field
Amoco announces yet another
hydrocarbon find in Trinidad
BHP and Elf sign Trinidad & Tobago PSA
Trinidad and Tobago almost certain to
build a second LNG train
Bechtel to build Trinidad and Tobago's
LNG plant
Trinidad: E&P contract for Elf, Amoco
and Repsol
Trinidad's LNG project to make Europe
"major target market" in subsequent
phases
Triton Energy
8/1/96
N° 468
P. 8
Colombia: Triton plans to bring La
Liebre on stream in 1996
P. 12
5/2/96
P. 12
N° 472
Tunisia issues warning to Malta and oil
companies
Tunisia: Ashtart output to be maintained
and extended
15
Turkmenistan sets 1996 hydrocarbon
targets
through the Caucasus beginning in 1998
Oil and gas sector shake-up in
Turkmenistan
Afghan situation forces Turkmenistan to
rethink position on Caspian
Iran and Turkmenistan in oil refinery
project
Uganda
25/3/96 N° 479
P. 10
Uganda: Total to control 100% of
marketing subsidiary
22/1/96 N° 470
P. 12
29/1/96 N° 471
P. 10
14/10/96 N° 504
23/12/96 N° 514
P. 12
P. 6
Ukraine: stable oil and gas production
in 1995
Ukraine owes Russia $266 million for
gas supplies
Ukraine to create state gas reserve
Ukraine-Gazprom agreement on gas
sales and transit in 1997
Ukraine
United Arab Emirates
15/7/96 N° 495
P. 10
30/12/96 N° 515
P. 7
Enterprise Oil embarks on first Mideast
venture
UAE to invite bids to build Dubai gas
pipeline
United Kingdom
22/1/96 N° 470
P. 3
22/1/96 N° 470
P. 9
29/1/96 N° 471
P. 8
5/2/96
N° 472
P. 4
5/2/96
N° 472
P. 7
12/2/96 N° 473
P. 1
1/4/96
N° 480
P. 12
8/4/96
N° 481
P. 1
Tunisia
15/1/96 N° 469
Turkey: Mobil sells E&P assets to
Petrom
through the Caucasus beginning in 1998
Turkey sets conditions for financing a
Georgian pipeline
Turkish gas imports leap 30%, to 6.9
billion cu.m., in 1995
Turkey's Botas sets up trading
subsidiary in Jersey
Shell, Mitsubishi, Mobil, Total and
Amoco all looking to import LNG to
Turkey
Gas-electricity: Turkey changes the
rules as time runs out
Turkey to receive another 1 billion
cu.m./annum of Algerian LNG
Turkey: Enron begins construction of a
478 MW gas-fired power plant at
Marmara
Egypt taps Amoco and ENI to close the
Turkish "window of opportunity"
Algeria boosts LNG deliveries to Turkey
to 3 bcm/annum
UK: ETAP expected to produce 210,000
b/d of oil and 360 million cu.ft./d of gas
in 1998
Introducing gas-fueled Seabank Power
Ltd.
BP and Conoco propose British
short-term natural gas market
and conditions
British Gas shake-up grips European
observers
UK: Ofgas issues first domestic supply
licenses
Enron tries to wriggle out of two UK gas
contracts
PETROSTRATEGIES
20/5/96 N° 487
3/6/96
N° 489
P. 1
P. 1
1/7/96
N° 493
P. 7
8/7/96
N° 494
P. 7
9/9/96
N° 499
P. 12
23/9/96 N° 501
P. 1
14/10/96 N° 504
P. 1
21/10/96 N° 505
P. 7
4/11/96 N° 507
P. 1
4/11/96 N° 507
11/11/96 N° 508
P. 8
P. 1
11/11/96 N° 508
P. 3
18/11/96 N° 509
P. 8
9/12/96 N° 512
P. 1
16/12/96 N° 513
P. 6
30/12/96 N° 515
P. 1
30/12/96 N° 515
P. 10
Index 1996
UK gas bubble reaches record levels
UK gas bubble whets appetite of power
generators
Elf says Elgin-Franklin capital
expenditure will be "$3/boe maximum"
The United Kingdom's two oldest power
plants could operate to 50
Wood Mackenzie lowers 1996 UK oil
output forecast
UK gas futures market: IPE to introduce
cif contract before fob contract
London makes Norwegian gas a focal
point in liberalization talks
Ofgas makes good on threat to refer
British Gas TransCo to UK MMC
Elf and Shell to contribute a potential 9
to 10 billion cu.m. of gas to the
Interconnector
Falkland Islands oil licenses awarded
Elf-Gulf-Murco merger creates major
new player in the UK downstream
The countdown has begun to an
electricity futures contract in London
UK industry said to be generally
positive about exchange-traded
electricity futures
British Gas and BP set the tone for
resolving take-or-pay disputes
UK Labour Party gets specific on gas
deregulation
UK proposes reforms to stimulate North
Sea E&P activities
Repsol sells 5% stake in UK Magnus
field to Nippon Oil
P. 4
12/2/96 N° 473
P. 3
19/2/96 N° 474
P. 5
26/2/96 N° 475
P. 3
25/3/96 N° 479
P. 3
15/4/96 N° 482
P. 4
22/4/96 N° 483
P. 12
6/5/96
N° 485
P. 1
27/5/96 N° 488
P. 9
27/5/96 N° 488
P. 12
8/7/96
N° 494
P. 4
29/7/96 N° 497
P. 1
29/7/96 N° 497
P. 4
2/9/96
N° 498
P. 5
9/9/96
N° 499
P. 3
30/9/96 N° 502
P. 8
7/10/96 N° 503
P. 7
7/10/96 N° 503
P. 7
P. 10
14/10/96 N° 504
P. 3
4/11/96 N° 507
P. 1
4/11/96 N° 507
P. 8
18/11/96 N° 509
P. 12
30/12/96 N° 515
P. 4
30/12/96 N° 515
P. 6
Arco, Anadarko and Union Texas to
develop Alaska's Alpine oil field
Shell Oil/Texaco/Star Enterprise merger
talks shake (and shape?) US
downstream
Europe retaliates against US
"secondary sanctions"
Venezuela consolidates its ranking as
leading US petroleum supplier, Gulf's
share falls below 17%
US: General Motors calls for higher
gasoline taxes!
Ties between the United States and
Saudi Arabia apparently slackening
Oneok-Western Resources gas merger
creates US' ninth-largest gas distributor
United States / API Reports
1/1/96
United States
29/1/96 N° 471
7/10/96 N° 503
United States: oil's share of the energy
balance falls below 40%
Why majors are increasingly leaving
the US downstream to "specialists"
United States publishes first energy
forecasts for 2015
OPEC's Arab members lose ground in
the US
USA: assessment of the first five years
of the National Energy Strategy
26.5% decline in employment in the US
oil industry
Gasoline mini-crisis becomes an issue
in the US presidential campaign
Chevron and NGC give birth to a gas
giant in the US
Exxon sets depth record on Diana
discovery
Shell gets itself into deep water...
willingly
Europe intends to hit back in response
to US "secondary sanctions"
US drilling: 40% more gas than oil wells
in first half of 1996
USA: Elf shifts E&P focus to deepwater
Gulf of Mexico
Price and technology will determine the
position of gas on the US market to
2015
US: API says taxes made up 47% of the
retail price of gasoline in 1995
EU takes sanctions dispute to the World
Trade Organization
Western Gulf of Mexico lease sale sets
record
16
N° 467
P. 6
26/2/96 N° 475
P. 9
25/3/96 N° 479
P. 6
29/4/96 N° 484
P. 9
3/6/96
N° 489
P. 11
1/7/96
N° 493
P. 6
29/7/96 N° 497
P. 7
2/9/96
P. 8
N° 498
30/9/96 N° 502
P. 10
28/10/96 N° 506
P. 8
25/11/96 N° 510
P. 8
USA: high demand in November triggers
8.3% leap in petroleum imports
January sees 13.7% leap in US
petroleum imports, 4% drop in domestic
production
US domestic crude oil output down 2.8%
in February, stocks decline 10.1%
US inland petroleum deliveries up 4%,
while crude production shrinks 2.5% on
year-to-year basis
April sees strong increase in US
petroleum imports and continued
decline in domestic crude output
US total imports brush the 10-million-b/d
mark in May
First six months of 1996 see US
petroleum demand and imports rise
US inland petroleum deliveries up 5.5%,
imports climb 7.9% in July
US petroleum imports up 8% in August
on a year-to-year basis
US inland deliveries up nearly 2%,
drilling completions decline 10% in
third-quarter 1996
US: petroleum product imports leap 36%
on a year-to-year basis in October
Unocal
25/11/96 N° 510
P. 1
16/12/96 N° 513
P. 8
Tosco buys Unocal's downstream
assets to become No. 1 US independent
refiner
In major turnaround, foreign upstream
investment to account for 67% of
Unocal's capital spending in 1997
Upstream
15/4/96 N° 482
P. 3
15/7/96 N° 495
P. 1
Lower costs, new challenges in the oil
upstream
Air flooding: innovating in enhanced oil
recovery
Uruguay
11/11/96 N° 508
P. 10
GdF accord on gas cooperation in
Uruguay
P. 12
Enron and Uzbekneftegaz expand joint
venture
15/1/96 N° 469
P. 8
19/2/96 N° 474
P. 8
4/3/96
N° 476
P. 6
1/4/96
N° 480
P. 8
6/5/96
N° 485
P. 7
Vela's spot charters back up to 525,000
b/d in December 1995
Vela cuts, NITC boosts, spot crude
liftings in January
Vela liftings aboard spot chartered
VLCCs leap 65%
Vela boosts spot charters to offset
(temporary?) reduction in tanker fleet
Vela's spot liftings still high, despite
April decline
Uzbekistan
8/7/96
N° 494
Vela
PETROSTRATEGIES
17/6/96 N° 491
P. 7
8/7/96
N° 494
P. 9
16/9/96 N° 500
P. 6
7/10/96 N° 503
P. 8
25/11/96 N° 510
P. 6
16/12/96 N° 513
P. 7
Index 1996
NITC and KPC very active on the spot
charter market, Vela holds the line
Saudi Vela's spot liftings of crude dip
slightly in June
Saudi Vela's VLCC spot charters pick
up in August
Saudi Vela's spot liftings fall to 550,000
b/d
Saudi Vela's spot crude liftings slip
further in October
Vela's spot liftings rebound to some
685,000 b/d in November
3/6/96
N° 489
P. 12
17/6/96 N° 491
24/6/96 N° 492
P. 12
P. 12
8/7/96
P. 7
PDVSA auctions ten exploration areas
with production potential of 1.5 million
b/d of oil
Venezuela: OPEC rules would apply to
future output
Venezuela's first-ever E&P bidding
round is a runaway success
Star Enterprise to import 70,000 b/d of
Venezuelan oil
Total discovers "significant quantities"
of light crude beneath existing field in
Venezuela
Venezuela raises crude oil production
capacity to 3.1 million b/d
Venezuela hikes domestic gasoline
prices
Chevron moves its South American
operations to Venezuela
Venezuela's Orinoco can now be
developed at a cost of just $6.5/b
Chevron to boost output from
Venezuela's Boscan field by 50%
Nothing stopping Venezuela from
producing even more oil if it wanted to
PDVSA selecting new fields for second
auction
Venezuela estimates its remaining
hydrocarbon resources at 425 billion
boe
Trinidad: Venezuelan gas for
liquefaction plant?
Venezuela: second Jusepin oil find for
Total
Venezuela: Lagoven, Mobil sign
Orinoco-refinery deal
Venezuela's LNG project "not profitable
enough"
Venezuela kicks off Third Operating
Agreement Round for marginal fields
Venezuela to double oil production
capacity to 7 million b/d in 2006
Venezuela: Maraven-Conoco Orinoco
venture expects return of 14% to 17%
Venezuela turns to universities to
develop marginal oil fields
Texaco and Phillips enter
Corpoven/Arco joint venture to produce
Orinoco syncrude
N° 494
15/7/96 N° 495
P. 12
4/11/96 N° 507
P. 10
11/11/96 N° 508
P. 10
30/12/96 N° 515
P. 10
Venezuela
15/1/96 N° 469
P. 9
22/1/96 N° 470
P. 12
12/2/96 N° 473
P. 4
19/2/96 N° 474
P. 12
25/3/96 N° 479
P. 5
1/4/96
P. 8
N° 480
22/4/96 N° 483
P. 12
6/5/96
P. 10
N° 485
13/5/96 N° 486
P. 1
8/7/96
N° 494
P. 9
2/9/96
N° 498
P. 1
2/9/96
N° 498
P. 10
9/9/96
N° 499
P. 9
16/9/96 N° 500
P. 10
30/9/96 N° 502
P. 12
7/10/96 N° 503
P. 12
28/10/96 N° 506
P. 10
11/11/96 N° 508
P. 6
18/11/96 N° 509
P. 3
18/11/96 N° 509
P. 8
25/11/96 N° 510
P. 6
9/12/96 N° 512
P. 9
Volta
30/9/96 N° 502
N° 468
P. 12
29/1/96 N° 471
11/3/96 N° 477
P. 10
P. 10
22/4/96 N° 483
P. 8
22/4/96 N° 483
P. 8
29/4/96 N° 484
P. 12
P. 1
Gas in Italy: Volta picks up the gauntlet
thrown down by Snam
26/2/96 N° 475
P. 1
25/3/96 N° 479
P. 6
29/7/96 N° 497
P. 2
Wingas to import Russian gas via
Austria as well
Interconnector: Wingas boosts
purchases to 3 billion cu.m./annum
Wingas
Yamal
9/12/96 N° 512
P. 12
Russia and Poland inaugurate first
section of Yamal gasline
15/1/96 N° 469
P. 12
5/2/96
N° 472
P. 9
5/2/96
N° 472
P. 12
7/10/96 N° 503
P. 10
21/10/96 N° 505
P. 10
16/12/96 N° 513
P. 1
Yemen ratifies Total's LNG project
agreement
Yemen: Hunt, Exxon and Yukong agree
to take stakes in LNG scheme
Yemen: East Shabwa crude transport
agreements signed
Private investors to build a 100,000-b/d
refinery in Yemen
Yemen's Jannah field to produce 70,000
b/d of oil
Turkey and Yemen break down regional
boundaries on the international LNG
market
Yemen
YPF
5/2/96
N° 472
23/9/96 N° 501
P. 9
P. 10
Petrobras and YPF team up to develop
regional downstream opportunities
Repsol may bid for 10% stake in
Argentina's YPF
Yugoslavia
22/7/96 N° 496
P. 7
Gazprom and Yugoslavia in gas
pipeline joint venture
P. 10
Russia's Yukos to increase share
capital by 35%
Yukos
23/9/96 N° 501
Vietnam
8/1/96
Vietnam: Unocal, Repsol and Moeco in
E&P joint venture
Australia's Anzoil finds gas in Vietnam
Enron to build Bach Ho gas treatment
facility in Vietnam
BHP writes off its interest in Vietnam's
Dai Hung oil field
Fina oil and gas find in Vietnam's
offshore Block 46
Vietnam: oil demand to grow 14% to
16%/annum to 2010
Vietnam inaugurates LPG storage
facility
Exxon, EIC form Vietnamese joint
venture
Vietnam: Petronas expresses interest in
refinery project
Vietnam: gas scheme presentations
Vietnam: refinery feasibility study
contract inked
BHP to stick with Vietnam's
disappointing Dai Hung field
Mobil announces oil and gas find in
Vietnam
Vietnam shortlists BP and Enron for
LPG scheme
17

1996 - Petrostrategies

Transcription

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