Sources include: Dow Jones (DJ), New York Times (NYT), Wall Street Journal (WSJ), and the Washington Post (WP).
(DJ) January 17 OPEC agrees at a meeting of ministers in Vienna, to reduce members' production quotas by 1.5 million barrels (240,000 m3) per day.
(DJ, WSJ) February 28 The Environmental Protection Agency (EPA) announces that it intends to proceed with implementation of tighter restrictions on sulfur content in diesel fuel, which were proposed by the Clinton administration.
(DJ) March 4 Tests in recent days confirm the world's largest oil find in three decades in the Kashagan field in the Caspian Sea.
(NYT) March 26 Kazakhstan's Prime Minister opens an oil pipeline from the giant Tengiz Field to the Russian port of Novorossiysk on Monday, giving the Central Asian producer its first direct link to international markets.
The plan also calls for increasing energy assistance to low-income households and for making the electricity grid more interconnected, both domestically and with Mexico and Canada.
(WSJ) May 29 Natural gas futures plunge 6% to a 10-month low on speculation that growing U.S. inventories will help power plants meet summer demand for air-conditioning.
The price for June delivery fell 23.5 cents, to $3.738 per million British thermal units on the New York Mercantile Exchange (NYMEX).
(LAT) June 3 Iraq announces that it will halt crude oil exports in response to a United Nations Security Council resolution, approved May 31, that extends the oil-for-food program by only one month, instead of the normal six-month period.
(NYT) June 5 OPEC ministers agree to leave the cartel's oil production quotas unchanged for at least a month, until a scheduled emergency meeting July 3.
(LAT) June 7 BP announces that it will build a new $600-million platform offshore Trinidad that is expected to double the company's production of natural gas there by 2004.
(DJ) June 15 ExxonMobil and QatarEnergy sign a letter of intent for a natural gas to liquids (GTL) project that would be the largest in the world.
(OD) June 30 ENI of Italy signs a $550 million contract to develop Iran's Darquain (Darkhovin) field, with expected production of 160,000 barrels (25,000 m3) per day.
(LAT) July 2 U.S. Secretary of the Interior Gale A. Norton states that the Bush Administration will seek to let oil companies drill on about 1,500,000 acres (6,100 km2) of the Gulf of Mexico out of the 6 million originally under consideration.
Triton Energy is an international exploration and production company with major oil and natural gas assets in West Africa and Latin America.
(NYT) July 24 An Iranian warship in the Caspian Sea threatens a BP oil exploration ship off the coast of Azerbaijan.
The U.S. government blames the attack on Osama bin Laden's terrorist network (NYT) September 13 Relative calm returns to world oil markets as U.S. retail gasoline prices return to normal levels and Brent crude oil futures fall back to $28.02 per barrel for October delivery after spiking to $31.05 in the aftermath of the September 11 attacks.
(NYT) September 24 Crude oil and petroleum products futures fall to their lowest levels in nearly two years amid fears that a recession will reduce energy demand.
(NYT, DJ) September 27 At its two-day meeting in Vienna, OPEC decides to keep its production quotas unchanged at 23.2 million barrels (3,690,000 m3) per day, despite crude oil being at its lowest price levels since 1999.
The pipeline, which carries about 17% of the United States' oil production, had been shut down on October 4 after being pierced with a bullet in an apparent act of criminal mischief.
LNG regasified at the Everett terminal normally provides 15%-20% of the natural gas that heats homes and businesses in New England, with the percentage rising to 35% on the coldest days.
On October 26, the Mayor of Boston asks a federal court to prevent tankers from entering because he claims there are inadequate disaster response plans.
(Reuters) October 18 Crude Oil for November delivery falls to its lowest level since August 1999 on the New York Mercantile Exchange (NYMEX).
(OD) October 29 ExxonMobil announces that a consortium it leads will spend $4 billion over 5 years to develop large offshore oil and natural gas fields in Russia's far eastern Sakhalin region.
(NYT) November 10 An agreement is reached at talks in Marrakech, Morocco, on rules for implementation of the Kyoto climate change treaty.
The Strategic Petroleum Reserve is intended, in the short run, to smooth out price spikes and shortages caused by a supply disruption.
(NYT) November 29 The United Nations Security Council unanimously approves a resolution extending the Oil-for-Food program in Iraq for another six-month period.
This resolution allows Iraq to sell unlimited quantities of oil on the condition that the proceeds are used to buy food, medicine, and other humanitarian goods, and to pay war reparations.
This resolution also calls on members of the Security Council to agree by May 31, 2002, on a list of "dual use" items that would require United Nations approval before Iraq could import them through the program.
(DJ) December 26 Crude oil prices on the New York Mercantile Exchange (NYMEX) record one of their largest one-day jumps of the year as traders become convinced that OPEC will follow through on production cuts.