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SENATE VOTES TO REPEAL OIL WINDFALL PROFITS TAX
From Wire and Staff Reports |
A Senate amendment repealing the oil industry's windfall profits tax is likely to be a bargaining ch
TEXACO CLAIMS AGREEMENT BREACHED
(Ap) |
A closed meeting between the attorneys for Texaco and Pennzoil and a federal bankruptcy judge sent a
SPOT PRODUCT PRICES
JOC Staff |
July 16, 1987 U.S. spot oil products price indications, sellers range, in cents per gallon,
NYMEX TO ADD PROPANE FUTURES
Journal of Commerce Staff |
The New York Mercantile Exchange intends to begin trading propane futures contracts on August 21, pe
JAPANESE COMPANIES TO EXPORT PETROLEUM PRODUCTS IN AUGUST
Journal of Commerce Staff |
Japan's Nippon Mining Co. and Mitsubishi Oil Co. said Wednesday they will export petroleum products
EXXON CONFIRMS PLAN TO HALT BARGE POSTINGS
Journal of Commerce Staff |
Exxon Co. U.S.A. confirmed Thursday that it will discontinue posting a barge reseller price in the N
REGULATORY AGENCY KEEPS IROQUOIS ON 'FAST TRACK'
(Ap) |
The Federal Energy Regulatory Commission has rejected a staff recommendation that the Iroquois pipel
SOLICITATION FOR FUEL BIDS
JOC Staff |
NOTICE TO BIDDERS WARREN COUNTY, N.J.Notice is given that sealed proposals will be received
LILCO APPLIES TO OPERATE SHOREHAM AT 25 PERCENT POWER
(Ap) |
The Long Island Lighting Co. refiled its application to begin operating the troubled Shoreham nuclea
EX-NUCLEAR WORKER SUES PHILADELPHIA ELECTRIC
Knight-Ridder Newspapers |
A former worker at the Peach Bottom nuclear power plant filed a $5.2 million lawsuit against Philade
ENERGY BRIEFS
Wire and Staff Reports |
Egypt Reportedly Plans Hike in Export PricesCAIRO, Egypt - Egypt has decided to increase exp
NUCLEAR PLANT'S RUPTURED TUBE WAS INSPECTED A MONTH AGO
JOC Staff |
A stainless-steel tube that ruptured at a nuclear power plant, allowing a trace of radioactivity to
US OIL WORKERS FACE STICKY SITUATION IN ANGOLA
Larry Olmstead |
Ron Kasperger, terminal supervisor for Cabinda Gulf Oil Co., says the firm's 240,000 barrel-a-day op
MARK I CONTAINMENT STRUCTURE INADEQUATE, NUCLEAR OFFICIAL SAYS
(Ap) |
The probability that a certain containment structure used in some U.S. nuclear power plants will fai
US REBUTS CHARGES BY JAPAN ON PRICING
Tim Sansbury |
Statements by Japanese officials, including Prime Minister Yasuhiro Nakasone, that U.S. coking coal
GROUP SAYS UTILITIES COLLECT EXCESS TAX
(Ap) |
Utilities have collected $2 billion in excess tax payments in California and close to $20 billion na
13,000 BRITISH MINERS STRIKE OVER SUSPENSIONS
(Ap) |
About 13,000 union miners walked off the job Thursday in a protest over disciplinary action against
COMPROMISE IS KEY AT JAPANESE UNITS
Tetsuo Jimbo |
Koji Kobayashi, president of Nippon Electric Corp., a leading Japanese electronic company, wasn't ha
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
Yugoslavian Miners Strike Over Low PayBELGRADE, Yugoslavia - About 200 miners from the Soko
JAPAN EASES RULES ON COMPUTER BUYING
(Ap) |
The Japanese government announced it has decided to implement more open methods for purchasing super
Maritime
EXPORT BRIEFS
Wire and Staff Reports |
Fiber Optics Exports Subject of MeetingA Commerce Department advisory subcommittee will meet
Maritime
MCDONNELL DOUGLAS LANDS LARGE UK SATELLITE DEAL
(Ap) |
A British consortium that plans to provide the United Kingdom's first direct TV broadcasts via satel
Maritime
TRADE MISSIONS
JOC Staff |
The following business missions are scheduled to arrive in the United States. The Journal of Commerc
Maritime
PAKISTAN DENIES ATTEMPT TO IMPORT NUCLEAR STEEL
(Ap) |
The Pakistan government Thursday denied it tried to import from a U.S. company a type of steel used
Maritime
INTERNATIONAL BRIEFS
Wire and Staff Reports |
Unemployment in UK Continues to DeclineThe number of people out of work in Britain continued
Maritime
GERMAN EXPORTS SHRANK IN 1986
Erich E. Toll |
West German exports shrank more than expected in 1986, but may start growing again by the end of the
Maritime
BIG CHALLENGE FACES JAPAN LOBBY CONGRESSIONAL ACTIONS TESTS TIES WITH US
JOC Staff |
An eruption of "Japan bashing" in Congress is posing a challenge for Japan's richly bankrolled lobby
Maritime
CHINA TRADE NEARLY BALANCED
(Ap) |
China almost balanced its foreign trade in June with $3.439 billion worth of exports and $3.462 bill
Maritime
NEW SOFTWARE A BOON TO PAPERLESS TRADE
Janet Porter |
The transmission of documentation such as purchase orders, freight bookings, invoices, credit notes
Maritime
CIGARETTE SCANDAL WIDENS IN CHINA
(Ap) |
Authorities in the southern province of Sichuan are investigating a widening scandal involving railw
Maritime
ENERGY BRIEFS
Wire and Staff Reports |
NY Authority Awards Contract to Fluor UnitIRVINE, Calif. - Fluor Constructors Inc., a unit o
ECUADOR SEES DROP IN OIL REVENUE
Knight-Ridder Financial |
Ecuador's 1987 oil revenue is likely to total US$530 million, a fall of $380 million from 1986, acco
GOVERNMENT TO BUY METHANOL VEHICLES
(Ap) |
A task force headed by Vice President George Bush said the government will buy 5,000 vehicles capabl
OIL PRICES BREAK $22 MARK ON RUMORS OF IRAQI ATTACK
(Ap) |
Oil prices vaulted over $22 a barrel Wednesday amid strong demand for gasoline and market nervousnes
BARGE CUSTOMERS FEEL THE STING OF EXXON POLICY
Sam Glasser |
Exxon Co. U.S.A.'s barge customers were still smarting Wednesday over reported changes in the compa
CHINA CALLS WELL A BREAKTHROUGH
P.T. Bangsberg |
China reported two new offshore oil wells have begun production at opposite ends of its long coastli
ENERGY BRIEFS
Wire and Staff Reports |
Refiners Raise Postings For West Texas CrudeA number of U.S. oil refiners have posted higher
STOPPAGE DISRUPTS OIL DOCK OPERATIONS
TOM McNIFF Jr. |
The refusal of the Korean crew of the tanker Gogo Regent to work is disrupting operations at a Chels
GASOLINE STOCKS SLIP AS DISTILLATES INCREASE
Journal of Commerce Staff |
Gasoline supplies declined slightly last week while distillate oil inventories edged upward, accordi
US GASOLINE CONSUMPTION SURPASSES EXPECTATIONS
(Ap) |
Americans have used much more gasoline than expected this year, according to industry statistics.
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