-- MARKET WATCH Energy prices are mixed Energy commodities prices were mixed Dec. 21, with natural gas futures falling for the second consecutive session because of revised forecasts for milder winter weather.
-- Ivanhoe to buy Ensyn, heavy oil technology Ivanhoe Energy Inc., Vancouver, plans to acquire Ensyn Group Inc., Boston, and its subsidiary, Ensyn Petroleum International Ltd., which has a technology to upgrade heavy oil.
-- IEA sees potential in hydrogen and fuel cells Although commercial maturity and significant market penetration remain decades away, hydrogen and fuel-cell technologies represent high-potential options for a secure energy future with diminished emissions of carbon dioxide.
-- Baikal Finance Group buys Yukos unit A surprise bidder calling itself Baikal Finance Group bought 77% of the Yuganskneftegas unit of OAO Yukos for $9.37 billion at an auction Dec. 19, prompting some analysts to suggest Baikal is linked to state-owned Gazprom.
-- US court grants Yukos a temporary injunction A US bankruptcy judge in Houston granted OAO Yukos's request for a temporary injunction against the Dec. 19 auction of 77% of Yukos's largest unit, Yuganskneftegas (OGJ Online, Dec. 15, 2004).
-- MARKET WATCH Energy prices dip in market adjustment Energy prices fell slightly Thursday in a general adjustment of the market but held on to most of the large gains from the previous session when prices spiked on a bullish report of US inventories.
-- Yukos files for bankruptcy in US court OAO Yukos has fulfilled its warning that the Russian government's plan to auction a seized oil producing subsidiary would force it into bankruptcy.
-- MARKET WATCH Colder weather drives up energy prices The first cold weather of this winter blew into the Northeast US, pushing up prices for heating oil Tuesday in the world's biggest market for that commodity and pulling up other energy prices along with it.
-- US lawmaker backs effort to limit FERC's LNG authority US Rep. Barney Frank, D-Mass., is coordinating an effort with congressional delegates from coastal areas to support state governments arguing that the Federal Energy Regulatory Commission lacks final jurisdiction on LNG terminal siting permits.
-- CO2, test equipment clog apparent Uganda gas discovery Heritage Oil Corp., Calgary, is planning its next exploration well on Uganda's remote Albert graben after encountering imprecisely gauged volumes of carbon dioxide and hydrocarbon gas at its latest penetration.
-- MARKET WATCH Energy futures prices lose ground in trading on NYMEX Energy futures prices lost ground in trading Dec. 10 on the New York Mercantile Exchange. Prices fell despite a Dec. 10 announcement that members of the Organization of Petroleum Exporting Countries would try to lower oil production by 1 million b/d.
-- Repsol YPF buying Shell's LPG business in Portugal Repsol YPF SA agreed to buy Royal Dutch/Shell Group's LPG business in Portugal. Shell will continue to operate in Portugal through Madeira Praia Formosa SA, a lubricants business and distribution terminal.
-- Samuel Bodman nominated as US energy secretary President George W. Bush nominated Samuel W. Bodman, US Treasury deputy secretary, to succeed Sec. of Energy Spencer Abraham, who announced his resignation (OGJ Online, Nov. 15, 2004).