Advertisement
HomeCollectionsOil And Gas
IN THE NEWS

Oil And Gas

FIND MORE STORIES ABOUT:
NEWS
By NEW YORK TIMES NEWS SERVICE | December 21, 1995
PARIS -- Algeria is on the verge of concluding several major energy deals for the development of some of its enormous oil and gas reserves. The agreements will bring a huge injection of capital to the country and are being characterized as a turning point in the West's confidence in Algeria's government.British Petroleum has made a commitment to spend $3.5 billion in Algeria over the next quarter-century, the largest investment by a foreign concern since Algerian independence from France 33 years ago and one of BP's biggest foreign ventures.
Advertisement
BUSINESS
By Jack Z. Smith and Jack Z. Smith,Fort Worth Star-Telegram | July 3, 1991
Houston-based Shell Oil Co. plans to reduce its U.S. work force by as many as 4,650 employees in response to disappointing financial results.ARCO Oil and Gas, a large employer in Dallas and Plano, Texas, also said yesterday that it is analyzing company operations in a bid to boost its financial performance. But the company declined to speculate on the possibility of employee layoffs.A growing number of U.S. oil companies may be forced to consider layoffs or other cost-cutting measures if natural gas prices remain deeply depressed and oil prices continue at moderate levels, said Steve Smith, an energy analyst for Bear Stearns in New York.
NEWS
May 21, 2006
Perhaps it's understandable that a Republican lawmaker from rural northern Pennsylvania would be frustrated at the nation's refusal to allow oil and gas drilling along most of its scenic coast. High energy costs are making it impossible for American industry to match foreign competition, Rep. John E. Peterson complained last week to his House colleagues. "This is the only country in the world that's locked up its outer continental shelf," he said. Mr. Peterson's effort to amend a 25-year ban on offshore exploration to permit the search for natural gas was narrowly rejected by the House a few hours later.
NEWS
August 13, 2007
On June 29, the Bush administration quietly approved a keystone of Vice President Dick Cheney's energy policy: furthering our addiction to oil through the 5-Year Outer Continental Shelf Oil and Gas Leasing Program. The program governs the sale of all offshore oil and gas leases in federal waters over the next five years and anticipates the drilling of more than 10 billion barrels of oil and more than 45 trillion cubic feet of natural gas in some of our most pristine and sensitive marine habitats.
NEWS
December 13, 2006
Folks who have to pinch local government pennies down in the states along the Gulf of Mexico can barely control their glee at the windfall Congress provided them shortly before adjourning last weekend. Lawmakers voted to lift a ban on far-offshore oil and gas drilling in the gulf, and to share royalties on the leases with Louisiana, Mississippi, Alabama and Texas. The states should take care to ensure, though, that those royalties actually get collected. It seems the federal agency in charge of monitoring the leases is so lax there are no guarantees.
NEWS
December 8, 1991
From: Joseph J. Bish Jr.D-2 RepresentativeAs the holidays approach, I see so much good will, caring and giving by the people of the United States. This is fantastic. They donate food and clothing for those who are less fortunate than they are. They gather toys for children who wouldn't have a Christmas if it werenot their good will. Again this is great, but I see the U.S. government is actually using these people.They are saying that we know our good U.S. citizens will always help a fellow American out of theirown pockets, which is the American way and is great, but these unscrupulous so-called government leaders stick it to the caring taxpayer.
NEWS
May 19, 2002
AT THE STROKE of midnight tonight, East Timor will become the world's newest nation, and one of its poorest -- that is, until its off-shore oil and gas reserves are tapped and flowing. After Portuguese rule for 400 years, Japanese occupation for three, Indonesian domination for 24 and interim U.N. administration for another three, the importance of this moment cannot be overstated for this half-island nation at the eastern end of the Indonesian archipelago. East Timor lost a third of its population under Indonesia's brutal rule.
NEWS
November 23, 2005
A. Alexander-Ozinskas, Garrison Forest SPORT FIELD HOCKEY GIRLS STATS -- The senior moved from midfield to defense this season and continued to stand out for the No. 10 Garrison Forest field hockey team. She is also an avid rock climber. SIDELINES -- A straight-A student and Cum Laude Society member, Alexander-Ozinskas wants to become an environmental engineer and help save the planet. In the spring, she'll take part in the Women in Science and Engineering Program, a partnership with Johns Hopkins University.
NEWS
By Jonesboro (Ark.) Sun | June 14, 1991
THERE ARE three basic ways of improving the nation's energy situation. We can produce more oil to cut dependence on imports; we can increase fuel efficiency to conserve oil; we can develop alternative energy sources. Only the first of the three seems to interest a Senate Energy Committee evidently afflicted with tunnel vision.The national energy bill approved by the committee calls for opening the Arctic National Wildlife Refuge to oil and gas drilling (at heavy environmental cost).But the proposed requirement to raise automotive fuel-efficiency standards was dropped from the bill.
NEWS
November 28, 2012
Rep. Eric Cantor, the number two Republican in the Congress, has now joined his leader, House Speaker John Boehner, in calling for President Barack Obama's health reform law to be put on the table in the debate over how to avoid the fiscal cliff. Until now , the two issues were pretty clear: Increased tax revenue from the wealthiest 2 percent of Americans in return for cutting entitlement programs. Adding Obamacare to the mix is a classic negotiating tactic. When you are losing the negotiation, put another chip on the table.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.