General Interest 2003 P

11/05/2003 -- US President George W. Bush slated to sign Iraq reconstruction package into law
US President George W. Bush Wednesday was expected to sign an $87.5 billion Iraq and Afghanistan spending bill that earmarks $18.6 billion in grants for Iraq reconstruction.
11/05/2003 -- Kuwait plans talks with Iran for development of Dorra gas field
Kuwait plans talks with Iran to negotiate an agreement for development of the offshore Dorra natural gas field that straddles the maritime boundary between the two countries.
11/04/2003 -- MARKET WATCH
Unseasonably warm weather deflates energy futures prices
Energy futures prices fell Monday, as most of the US basked in spring-like weather with forecasts for similar mild temperatures over the next few days.
11/04/2003 -- Yukos names Simon Kukes its new CEO
OAO Yukos Tuesday announced its decision to form a seven-member management board and named Simon Kukes as the new CEO.
11/04/2003 -- IEA projects $16 trillion energy investment needed by 2030
The world will have to invest $16 trillion—1% of global gross domestic product—over the next 3 decades just to maintain its present level of energy supplies, said Claude Mandil, executive director of the Paris-based International Energy Agency.
11/04/2003 -- BG Group appoints executive vice-president, Mediterranean basin and Africa
BG Group has appointed Stuart Fysh as executive vice-president and managing director, Mediterranean basin and Africa. His new responsibilities, effect Nov. 1, involve BG's interests in Italy, Spain, Egypt, and Tunisia.
11/04/2003 -- Ziff: world entering into new natural gas era, executive says
The world is entering a new era in which natural gas is becoming an energy driver, as crude oil has been for more that a century—but there are issues and obstacles to reaching that potential.
11/04/2003 -- ChevronTexaco acquiring bigger stake in Gulf of Mexico Blind Faith discovery from BP
ChevronTexaco has agreed to acquire additional working interest and assume operatorship of the Blind Faith discovery, 162 miles southeast of New Orleans, from BP Exploration & Production Inc.
11/03/2003 -- MARKET WATCH
Energy futures prices rally in volatile markets
Energy futures prices rose Friday as a result of the normal volatility associated with expiration of near-term contracts for petroleum products, as traders covered exposed sales positions prior to the weekend.
11/03/2003 -- Statoil names Jannik Lindbaek new chairman
Norway's Statoil ASA said the corporate assembly unanimously elected Jannik Lindbaek as its new chair and elected Kaci Kullmann Five deputy chair. She has served as acting chair for several weeks.
11/03/2003 -- Peru approves Pluspetrol's 10% transfer to Sonatrach
Peruvian President Alejandro Toledo approved the transfer by Pluspetrol Peru Corp. SA of 10% interest in the consortium for upstream development of the Camisea natural gas fields to Algerian firm Sonatrach.
11/03/2003 -- Kremlin squeeze of Yukos bullish for oil prices
There�s a possible new wild card in play that�s supportive of higher prices in the longer term. And it comes from a player hitherto thought to be one of the biggest longer-term threats to the Organization of Petroleum Exporting Countries� efforts to defend oil prices: Russia.
10/30/2003 -- Oneok buying $240 million in Texas oil and gas properties
Oneok Inc., Tulsa, said wholly owned subsidiary, Oneok Energy Resources Co., agreed to acquire $240 million of East Texas natural gas and oil properties and related gathering systems from Wagner & Brown Ltd. of Midland, Tex.
10/30/2003 -- MarkWest Hydrocarbon names Frank M. Semple new president
The Denver-based MarkWest Hydrocarbon Inc. and its general partner, MarkWest Energy Partners LP, said Frank M. Semple became president Nov. 1, succeeding the retiring John M. Fox.
10/30/2003 -- MARKET WATCH
Rising US oil stocks push down energy futures prices
Energy futures prices fell Wednesday with government and industry reports of increased US inventories of crude and heating oil.
10/30/2003 -- ConocoPhillips makes move to offload Trinidad and Tobago assets
ConocoPhillips has decided to pull out of Trinidad and Tobago and immediately sell its shares in Phoenix Park Gas Processors Ltd. (PPGPL) along with a number of other North American interests.
10/30/2003 -- US downplays, denies Iranian offer of oil swaps with Iraq
The US has downplayed an Iranian offer of oil swaps with Iraq, saying no such arrangements are in place or even envisaged as a means of assisting in the reconstruction of the war torn country.
10/30/2003 -- Kate Baker assumes SPE presidency
Kate H. Baker assumed the presidency of the Richardson, Tex.-based Society of Petroleum Engineers during the SPE annual technical conference and exhibition in Denver last month.
10/30/2003 -- Oil production capacity rebuilding experience has implications for Iraq
Other countries undergoing similar social and political disruptions as Iraq have taken about 3 years for their petroleum industries to return to normal.
10/30/2003 -- New Alberta reserve reporting guidelines could prompt more M&A activity
The Alberta Securities Commission's (ASC) new reserve reporting guidelines could boost mergers and acquisitions because firms might sell assets that will be written down, said Sayer Securities Ltd., Calgary.

Home

General Interest

Exploration & Development

Drilling & Production

Processing

Transportation

Home

2003

General Interest 2003 P