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General Interest 2002 P
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12/16/2002 -- Poland's PKN Orlen acquires German retail outlets from BP
Polski Koncern Naftowy Orlen SA (PKN Orlen) signed an agreement to acquire 494 retail outlets in northern and northeastern Germany from BP PLC for 140 million euros cash, which includes assumption of debt for the stations. PKN Orlen is Poland's largest fuel manufacturer and distributor -
12/16/2002 -- Noble Energy names business development vice-president
David L. Stover was named vice-president, business development, for Noble Energy Inc., Houston. -
12/16/2002 -- Magnum Hunter promotes two senior executives
Irving, Tex.-based Magnum Hunter Resources Inc. promoted two senior executives. -
12/16/2002 -- Market watch: Oil futures prices hit 8-week high on strong market fundamentals
Spurred by the Organization of Petroleum Exporting Countries' promise to rein in overproduction and by an increasingly bitter strike in Venezuela that has wrecked its crude production and exports, oil futures prices shot to an 8-week high Friday. -
12/16/2002 -- El Paso judgments
Judgment day is coming. But to beleaguered energy marketing companies struggling to repair investor confidence, the regulatory process is dragging on for an eternity. -
12/13/2002 -- AER forecasts colder than average winter despite NWS forecast for warm winter
The Atmospheric and Environmental Research Inc. has predicted colder than average weather for the eastern US from December through February. -
12/13/2002 -- EIA expects stable gasoline prices, higher heating costs this winter
In its latest monthly forecast, the US Energy Information Administration predicted gasoline prices will be stable this winter but heating fuels may be higher than last year. -
12/13/2002 -- Market watch: Oil, gas futures prices rise with indications of tighter supplies
Indications of reduced supplies triggered jumps in oil and natural gas futures prices Thursday on the New York Mercantile Exchange. -
12/13/2002 -- OPEC backing into a 'bear trap' again?
Did OPEC back into a market bear trap with its quota decision? It didn't if you look ahead to spring. -
12/12/2002 -- Market watch: Oil futures prices decline with profit taking
Energy futures prices declined Wednesday as traders took profits from the market rally earlier this week. -
12/12/2002 -- AGA calls on policy-makers to expand access to energy resources
The American Gas Association joined a growing chorus of trade groups warning US consumers they could see higher natural gas prices in the next decade unless policy makers boost access to energy-rich resources. -
12/12/2002 -- OPEC agrees to hike production quota and reduce cheating
In a move to improve their market credibility, ministers of the Organization of Petroleum Exporting Countries agreed Thursday to raise their collective production quotas by 6%, or 1.3 million b/d, while urging stricter compliance with production limits. -
12/12/2002 -- Algeria mulls level competition between Sonatrach, foreign investors
Algerian officials are debating a proposal to strip Sonatrach, the state oil firm, of its monopoly market powers and put it on a nearly equal competitive footing with foreign energy companies in that country, said a former Sonatrach director. -
12/11/2002 -- France outlines details of gas market liberalization
France's Regulatory Commission for Electricity says there is a need for more comparability between Gaz de France(GdF) and third parties on natural gas tariffs to establish better access for competition. -
12/11/2002 -- Market watch: Cold weather, Venezuelan strike push up energy futures prices
Energy futures prices continued to rise Tuesday, with colder-than-normal weather in much of the US and growing concern about Venezuela's general strike, now in its tenth day. -
12/10/2002 -- Enterprise elects new senior vice-president
James M. Collingsworth has been elected senior vice-president of Enterprise Products Partners LP of Houston. -
12/10/2002 -- Monthly US LNG imports expected to top 1 bcfd in 2003
Despite strengthening US natural gas prices and additional LNG supplies from Trinidad and Tobago, increasing US LNG imports this year likely will be offset by US natural gas exports-imports elsewhere. -
12/10/2002 -- France content with EU's residential gas, electric market liberalization schedule
France officials have said they are content with a compromise that European Union energy ministers reached last month calling for the opening of residential natural gas and electric markets by July 2007. -
12/10/2002 -- Samalayuca II power plant partner buys out El Paso Corp.'s interest
El Paso Merchant Energy reported Monday entering into an agreement to sell its 40% interest in the 700 Mw Samalayuca II power project to an affiliate of GE Structured Finance, another project partner. -
12/10/2002 -- Premcor names new president
Henry M. Kuchta has been named president of Premcor Inc. Most recently, Kuchta served as the company's executive vice-president, refining, and as chief operating officer.
