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General Interest 2003 P
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10/23/2003 -- US independents maintain bullish outlook despite legislative uncertainty
US independent oil and natural gas exploration and production companies are maintaining a positive outlook for the near and medium-term future. -
10/23/2003 -- MARKET WATCH
Growing US stocks of petroleum products depress oil prices
Futures prices for crude and petroleum products continued to fall Wednesday, following government and industry reports of builds in US inventories of gasoline and distillates. -
10/22/2003 -- Far East Energy announces CEO and president
Far East Energy Corp., Houston, announced the appointment of Michael R. McElwrath as CEO, president, and board member. -
10/22/2003 -- Wiser Oil names Matt A. Eagleston as its president
The Wiser Oil Co, has appointed Matt A. Eagleston as president of company, effective immediately. -
10/22/2003 -- Kinder Morgan Energy Partners acquiring five products terminals
Kinder Morgan Energy Partners LP signed an agreement with Shell Oil Products US to purchase five refined petroleum products terminals in the western US for $20 million. -
10/22/2003 -- MARKET WATCH
Futures markets mixed as gasoline gives up gain
Energy futures markets were mixed Tuesday, with unleaded gasoline falling on the New York Mercantile Exchange, wiping out its gain from the previous session. -
10/22/2003 -- Transparency group wants US to provide better accounting of Iraq petrodollars
Days before an international donors' conference for Iraq is to be held in Madrid, a prominent human rights group said the US needs to do a better job informing the public about how oil revenue money is being spent. -
10/22/2003 -- House Republican leader seeks to tighten Iran-Libya sanctions
House Republican leader Tuesday introduced a bill that would limit exemptions and waivers to a law designed to punish foreign oil companies that invest in either Libya or Iran's petroleum sector. -
10/22/2003 -- White House-Congress squabble over Iraqi reconstruction work heats up
The White House Oct. 21 took its strongest action yet to retain control over proposed Iraq reconstruction funds when it told the US Congress that President George W. Bush would veto a bill that required Iraq to pay back part of the money. -
10/21/2003 -- ChevronTexaco sells North Buzachi Inc. in Kazakhstan
ChevronTexaco Corp. announced the sale of Texaco North Buzachi Inc., which holds a 65% interest in the North Buzachi oil and natural gas field in northwest Kazakhstan, to the China National Petroleum Co. International Ltd. -
10/21/2003 -- AmeriGas acquires assets of Horizon Propane
AmeriGas Partners LP, Valley Forge, Pa., has acquired substantially all of the retail propane distribution assets of Horizon Propane LLC, based near Cleveland, Ohio. -
10/21/2003 -- American Gas Association elects Robert Best as its 2004 chairman
The American Gas Association has elected Robert W. Best, chairman, president and CEO of Dallas-based Atmos Energy Corp., Dallas, as its 2004 chair. -
10/21/2003 -- MARKET WATCH
PDVSA refinery mishap triggers jump in gasoline prices
Unleaded gasoline for November delivery jumped by 0.93¢ to 85.87¢/gal Monday on the New York Mercantile Exchange, following reports of an explosion Sunday in the Amuay refinery at Petróleos de Venezuela SA's 950,000 b/d Paraguana refining complex (CRP) in Venezuela. -
10/21/2003 -- Petrosearch Corp. names new chief financial officer
Petrosearch Corp. has named David Collins as its vice-president and chief financial officer. Petrosearch is a new holding company, and its predecessor was Texas Commercial Resources Inc., Houston. -
10/21/2003 -- Formal US energy bill negotiations to resume next week
Lingering disputes over energy tax incentives led US congressional leaders late Monday to push back a meeting to consolidate a pending comprehensive energy bill until early next week. -
10/21/2003 -- API: Iraqi reconstruction progressing despite security problems
Reconstruction of the Iraqi oil industry has progressed recently despite continuing security problems, government and industry officials reported at American Petroleum Institute's annual meeting here. -
10/20/2003 -- MARKET WATCH
Energy futures prices fall as speculators pull out of the market
Energy futures prices plunged Friday as large speculative funds sold off supply obligations contracted at previously lower prices and moved investments into gold and other commodities in the wake of larger-than-expected increases in US oil inventories. -
10/20/2003 -- Fu Chengyu appointed chairman, CEO of CNOOC Ltd.
Fu Chengyu has been appointed chairman and CEO of CNOOC Ltd., Hong Kong, replacing Wei Liucheng, who resigned to accept a position with the Hainan Province provincial government in southern China. -
10/20/2003 -- Saudis face swing-supply strains in 2004
Several signs point to the likelihood that oil prices have topped out this year and face growing downward pressure in 2004. And barring any wild cards—such as Venezuela or Nigeria—the herculean task of balancing oil markets next year falls largely to Saudi Arabia. -
10/17/2003 -- MARKET WATCH
Rising oil inventory pushes down US energy prices
Energy futures prices fell Thursday on the New York Mercantile Exchange as traders focused on reports of larger-than-expected builds in US oil inventories.
