Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
PETRONAS - PHILLIPINES
BY MARK ROWE
MALAYSIA’S state oil company Petronas has signed a three-year deal with the Philippine National Oil Company to introduce its natural gas-powered Enviro 2000 cars to the Philippines. The first move involves a six-month field demonstration in Manila involving six units of the car.…
EAST TIMOR
BY MARK ROWE
NEWLY independent East Timor has signed a treaty with Australia dividing Timor Sea oil and gas revenues. The Timor Sea Treaty awards East Timor 90 per cent of the profits from oil and gas developments in a designated joint production area, guaranteeing the country US$5 billion in earnings over the next 17 years.…
DAEWOO
BY MARK ROWE
DAEWOO Shipbuilding Marine Engineering Co, the world’s second largest shipbuilder, has won a US$426 million order so supply an oil and gas rig to Angola. The South Korean firm said it would build the rig in the west African state for US oil giant ChevronTexaco Corp by the end of 2003.…
SHELL PLANT
BY MARK ROWE
THE ROYAL Dutch/Shell Group, Europe’s second largest oil company by sales, will decide next year on the location of what will be the world’s biggest natural gas-to-liquids plant. Malaysia, Argentina and Iran and are understood to be leading contenders for the US$1billion project, which will produce 75,000 barrels a day of kerosene, diesel and other fuels and is due to start operation in 2006.…
PORT ELIZABETH
BY RICHARD HURST
AN OIL spill response team and contingency plan has been drawn up for Port Elizabeth, South Africa, by the National Ports Authority of South Africa, under its recently launched Corporate Environmental Policy, focusing on pollution prevention.…
MALAWI EXPLORATION
BY RICHARD HURST
THE MALAWIAN government has announced that it has set up a Malawi Oil Exploration Company to explore for crude oil deposits in its territory. Charles Kaphwiyo director of the Malawian geological surveys said that exploration is expected to begin on Lake Malawi where earlier research had signalled potential hydrocarbon resources.…
AUDITING SYSTEM
BY MATTHEW BRACE
AUSTRALIAN scientists have developed computer programmes aimed at reducing uncertainty when making critical decisions in the oil industry. This software suite named iiris [SUBS THIS IS CORRECT – double (and small case) i], logs results from previous decisions and by factoring in a variety of other factors can more accurately assess risk.…
ICELAND CASE
BY KEITH NUTHALL
AN ICELANDIC drinks importer could win compensation from the Iceland government, after the European Free Trade Area Court found that Reykjavik had broken the rules of the European Economic Area, (of which Iceland is a part), by maintaining its alcohol importation monopoly until December 1995.…
GERMAN BRANDY
BY KEITH NUTHALL
THE EUROPEAN Commission has called on Germany to reform its spirits monopoly law regarding the production of grain brandy, Kornbranntwein. It wants to prevent small agricultural producers being unfairly favoured with state production subsidies denied to producers from other Member States, and, from 2006, to larger German commercial producers.…
TOON ARMY
BY KEITH NUTHALL
THE LEGALITY within the European Union of strict alcohol advertising laws such as France’s Loi Evin is in doubt because of an unlikely case at the European Court of Justice involving Newcastle United Football Club. The team is fighting legal action brought by Bacardi-Martini and Cellier des Dauphins, who claim they lost money when Newcastle programmed its revolving touchline hoardings to display their advertisements for swift 1-2 second intervals.…