Bechtel announces vit plant layoffs
This story was published Saturday, April 2nd, 2005
By Annette Cary, Herald staff writer
Bechtel National has notified 92 union craft workers, mostly pipefitters, that they are being laid off at the $5.8 billion vitrification plant under construction at Hanford.
http://www.tri-cityherald.com/tch/local/story/6334574p-6211147c.html
Bechtel bags Sohar smelter EPCM contract
By Palazhi Ashok Kumar
Our Special Correspondent
MUSCAT — America’s Bechtel is understood to have bagged the prestigious Sohar smelter project’s engineering, procurement and construction management (EPCM) contract.
http://www.timesofoman.com/newsdetails.asp?newsid=13481&pn=business
Levy takes Pike bigs to task over leaks
By Casey Ross
Saturday, April 2, 2005
In a highly contentious meeting yesterday, a top Mass Pike official accused colleagues of improperly firing a Big Dig engineering expert and failing to police project managers responsible for fixing faulty work.
http://news.bostonherald.com/localRegional/view.bg?articleid=76185
China's illogical petroleum management system
Last Updated(Beijing Time):2005-04-04 12:59
By Bao Yujun
In recent years, the oil demand in China has been boosting quickly while the international oil price has been hiking successively, which requires that China's petroleum industry should be able to bear the heavy responsibility of assuring the supply of oil products, the effective allocation of oil resources as well as the prevention of oil crisis. However, China's petroleum industry management system, which was built up on the basis of administrative monopoly and cannot adapt to such a rigorous circumstance, has to be reformed.
http://en.ce.cn/Insight/200504/04/t20050404_3508928.shtml
States may be allowed to bring in petroleum products under VAT
New Delhi, April. 3 (PTI): States may be allowed to bring in petroleum products like petrol, diesel, CNG and cooking gas LPG under VAT from the existing Sales Tax.
"LPG, CNG, petrol, diesel and all other petroleum products can be taxed under VAT," an official source told PTI here today.
The Empowered Committee of State Finance Ministers had earlier decided to keep petroleum products out of VAT. The White Paper on VAT also put petroleum products out of its ambit while listing other inputs on the 4 per cent category.
http://www.hindu.com/thehindu/holnus/002200504041655.htm
Norway, UK sign petroleum pact
Web posted at: 4/5/2005 1:17:18
Source ::: Agencies
OSLO: Norway and Britain signed yesterday a long-awaited treaty on cross-border cooperation in the offshore oil and gas sector, intended to boost development of resources in the North Sea and secure the UK's energy supply. Norwegian Oil and Energy Minister Thorhild Widvey and British Energy Minister Mike O'Brien signed the treaty after several delays and over two years of negotiations between the two governments. Widvey told a news conference that the new treaty is expected to lead to approval of two new cross-border projects, Enoch and Blane, by the summer. Large cross-boundary North Sea developments such as the Statfjord, Frigg and Murchison fields, have been subject to individual treaties between the two governments. The treaty covers future construction and operation of pipelines carrying oil and gas from Norway to the UK, joint exploitation of reservoirs straddling the border and the joint use of infrastructure.
http://www.thepeninsulaqatar.com/Display_news.asp?section=Business_News&subsection=market+news&month=April2005&file=Business_News2005040511718.xml
Lawmakers Complain Over Halliburton Probe
By DIANA ELIAS
Associated Press Writer
April 4, 2005, 5:09 AM EDT
KUWAIT CITY -- Lawmakers investigating claims a Kuwaiti supplier to a Halliburton subsidiary charged too much for fuel deliveries to Iraq are complaining about the lack of support the U.S. military and the American company have provided.
Parliamentarian Ali al-Rashed, who heads the five-member investigative committee, said the lack of cooperation from the U.S. military and Halliburton subsidiary Kellogg Brown & Root "harmed the investigation."
http://www.newsday.com/news/nationworld/world/wire/sns-ap-kuwait-halliburton-investigation,0,6596487.story?coll=sns-ap-world-headlines
The Truth About Halliburton
No-bid contracts, cronyism, profiteering—scandal clings to this company like lint on a $100 bag of laundry. But the really ugly tale about Halliburton? Its business.
By Peter Elkind
In an age of ugly symbols, a handful of companies have come to serve as shorthand for what’s wrong with corporate America. In 2004, Halliburton moved to the top of the roster.
http://www.fortune.com/fortune/fortune500/articles/0,15114,1044619,00.html
U.S. oil giant acquiring Unocal to tap into Asia
http://www.iht.com/articles/2005/04/04/business/unocal.html
Halliburton Chief's Bonus Jumps on Asbestos Deal
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USA: April 4, 2005
HOUSTON - Halliburton Co. more than tripled Chief Executive Officer Dave Lesar's bonus to nearly $3.5 million in 2004 for helping steer the oil field services company through its asbestos problems, the company said Friday.
Lesar, who is also the company's chairman and president, had received a $1 million bonus in 2003.
The bonus was on top of his 2004 salary of $1.26 million salary and another $5.4 million in restricted stock awards that were part of his long-term compensation package.
http://www.planetark.com/dailynewsstory.cfm/newsid/30206/story.htm
Jadoon asks geo-scientists to find more oil in Pakistani basins
ISLAMABAD: Amanullah Khan Jadoon, minister for petroleum and natural resources, called upon geo-scientists to find more oil in Pakistani basins by using advanced technology for meeting the present and future energy needs of the country.
He made these remarks while addressing participants at the two-day workshop on “Oil and Gas Generation and Accumulation in Pakistan,” organized by Hydrocarbon Development Institute of Pakistan (HDIP) on Monday.
http://www.dailytimes.com.pk/default.asp?page=story_5-4-2005_pg5_10
Cheney Would Meet With Chalabi, Though He's Not Choosing Sides
BY IRA STOLL - Staff Reporter of the Sun
April 4, 2005
Vice President Cheney, in a wide-ranging meeting with the editorial board of The New York Sun, extended a friendly signal to Iraqi politician Ahmad Chalabi, whose relations with Washington had appeared frayed.
Mr. Cheney made his comments Friday during a meeting with the editors at the Plaza Hotel. During the 45-minute session, he also expressed optimism about winning Democrats over to support the administration's plans for personal accounts as part of Social Security.
http://www.nysun.com/article/11578
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