General Interest 2003 P

09/26/2003 -- IADC: Analysts expect increases in energy prices, US drilling
Oil and natural gas prices are likely to go up, and US drilling activity will increase in 2004 as producers spend a greater percentage of their cash flow, analysts said Friday at the annual meeting of the International Association of Drilling Contractors in Houston.
09/26/2003 -- Plains All American acquiring ArkLaTex from EOTT Energy
Plains All American Pipeline LP, Houston, has agreed to acquire the ArkLaTex pipeline system and related marketing business from EOTT Energy LLC, Houston, for $15 million.
09/26/2003 -- ConocoPhillips announces downstream organization changes
ConocoPhillips US refining will be placed under the leadership of a Central-West Coast president and an East-Gulf Coast president. The operational general manager roles in US refining will be eliminated, resulting in the removal of that layer of management, the company announced.
09/26/2003 -- Beyond HR 6
The energy bill isn't the only game in town. It is true Washington lobbyists are devoting many, if not most, of their billable hours this fall to the comprehensive energy bill. But the US Congress also is working on many other industry-related issues.
09/26/2003 -- MARKET WATCH
Energy futures prices end mixed Thursday
Energy futures prices ended mixed in trading on the New York Mercantile Exchange Thursday, and Organization of Petroleum Exporting Countries officials said non-OPEC producers will have to join in any future production cuts that might be needed to maintain existing price levels.
09/25/2003 -- Range appointing chief financial officer
Range Resources Corp., Fort Worth, Tex., announced that it is hiring Roger S. Manny as senior vice-president and chief financial officer, effective Oct. 1.
09/25/2003 -- BG Group appoints executive vice-president, managing director, North America
BG Group PLC appointed Martin Houston to the newly created position of executive vice-president and managing director, North America, Caribbean, and global LNG.
09/25/2003 -- Growth patterns studied in large oil companies
A study of 15 large oil companies examined historical growth patterns in the upstream segments of their operations.
09/25/2003 -- Assessing long-term fundamentals for natural gas supports higher-price outlook
An outlook for natural gas usage and prices in North America must start with analysis of demand and competing fuels.
09/25/2003 -- Future oil prices likely higher than historic $18-22/bbl consensus
Despite rising oil production from Russia and Caspian Sea area, the mean price of oil is likely to be higher than $18-22/bbl.
09/25/2003 -- Norsk Hydro selling its 25% stake in Scanraff refinery at Lysekil, Sweden
Norsk Hydro ASA, Oslo, has agreed to sell its 25% stake in the 200,000 b/d Scanraff refinery at Lysekil, Sweden, to the Sweden-based Preem Petroleum AB, which already owns 75% of that refinery.
09/25/2003 -- MARKET WATCH
OPEC's production cut triggers jump in oil prices
Futures prices for oil and petroleum products surged Wednesday in a buying frenzy on New York and London markets, following a surprise decision by the Organization of Petroleum Exporting Countries to cut production by 900,000 b/d as of Nov. 1.
09/25/2003 -- Assessing long-term fundamentals for natural gas supports higher-price outlook; Future oil prices likely higher
Two articles by Gregory J. Winneke examine the outlook for natural gas usage and prices in North America and how the mean price of oil is likely to be higher than the historic $18-22/bbl range of consensus.
09/24/2003 -- Forest Oil names new senior vice-president, Alaska
Forest Oil Corp., Denver, named Leonard C. Gurule as senior vice-president, Alaska, responsible for directing all the companies' activities in Alaska, including exploration, production, drilling, and engineering.
09/24/2003 -- Bow Valley Energy appointing new vice-president, exploration
Bow Valley Energy Ltd., Calgary, has appointed Tom Ruissen as vice-president, exploration, responsible for Bow Valley's exploration growth in western Canada.
09/24/2003 -- DRILLING MARKET FOCUS
Analysts predict increased drilling in 2004
Analysts and oil service companies predict an increase in drilling activity for 2004.
09/24/2003 -- NPC study: good policy choices mean $1 trillion in energy savings
A new National Petroleum Council natural gas report to be unveiled Thursday predicts energy consumers could save $1 trillion in gas costs over the next 2 decades if the White House's energy policy strategy is adopted, industry and government officials familiar with the document said Wednesday.
09/24/2003 -- MARKET WATCH
OPEC makes surprise cut of 900,000 b/d in oil quota
In a surprise move, members of the Organization of Petroleum Exporting Countries voted Wednesday morning to trim their production quota by 900,000 b/d to 24.5 million b/d, effective Nov. 1.
09/23/2003 -- MARKET WATCH
Energy futures prices advance in market correction
Energy futures prices generally advanced Monday as markets corrected from Friday's sharp declines in the wake of Hurricane Isabel, which inflicted virtually no damage to oil or gas facilities in the US.
09/23/2003 -- Two Portland Natural Gas Transmission stakeholders increasing their interest
TransCanada Corp., Calgary, exercised its right to increase its ownership interest in Portland Natural Gas Transmission System (PNGTS) to 43.42%, an increase of 10.13%.

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