John M. Biers

US: Natural gas reserves slashed

Citing disappointing drilling results in two locales, ChevronTexaco Corp. slashed its U.S. natural gas reserves by 13 percent in 2004, the third year in a row in which it suffered a substantial reserves hit in the region.

March 6, 2005

Big Oil Likely To See Host Countries Take A Bigger Bite

Energy companies are facing tougher negotiations over fiscal terms, as oil-producing countries capitalize on the tight market to push for a better returns.

November 1, 2004

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