09/17/2004
-- CMS Energy elects CEO The CMS Energy board has elected David W. Joos, currently president and chief operating officer, to the position of president and CEO for CMS Energy Corp, Jackson, Mich.
09/17/2004
-- MARKET WATCH Crude futures prices climb despite minimal GOM storm damage Crude futures prices climbed Friday amid initial reports of minimal damage by Hurricane Ivan to oil and natural gas facilities in the Gulf of Mexico, while traders worried that flooding and power outages would delay restart of Gulf Coast refineries idled by the storm.
09/16/2004
-- MARKET WATCH Energy prices fall as traders take profits Energy futures prices fell Wednesday as investment funds took profits from the earlier rally after deciding Hurricane Ivan might not have damaged offshore oil and gas facilities as was first feared.
09/15/2004
-- Investment opportunities in Iraq await permanent government, legal structure Definitive laws and regulations that would outline terms for investment by international companies in Iraq await the establishment of a permanent government, an energy attorney said. Iraqi elections are slated for 2005.
09/15/2004
-- MARKET WATCH Energy prices climb as Ivan disrupts GOM production Energy futures prices jumped again Tuesday as oil and gas producers evacuated half of the manned production platforms and most of the mobile offshore rigs in the Gulf of Mexico in advance of Hurricane Ivan.
09/14/2004
-- Executive vice-president and director of ExxonMobil retires Harry J. Longwell, executive vice-president and director of ExxonMobil Corp., has announced his intention to retire at year-end 2004 after more than 41 years of service.
09/14/2004
-- Tesco appoints chief operating officer Tesco Corp. appointed Julio Quintana as chief operating officer and it is proposed that Quintana also become a member of the board.
09/14/2004
-- Kinder Morgan names executive vice-president Park Shaper has been elected executive vice-president, Kinder Morgan, Inc., Kinder Morgan Energy Partners, L.P. and Kinder Morgan Management, LLC by their respective boards.
09/14/2004
-- AltaCanada announces CEO AltaCanada Energy Corp., Calgary, announced Don Foulkes, currently president, AltaCanada, has also been appointed CEO replacing Josef Hodel.
09/14/2004
-- Most GOM oil production shut in as Ivan advances Most oil production has been shut in and half of the manned platforms and mobile rigs in the Gulf of Mexico have been evacuated as Hurricane Ivan threatens oil and gas operations in those waters.
09/14/2004
-- ONGC to invest $536 million in Mumbai High India's state-owned Oil & Natural Gas Corp. plans to invest $536 million in its largest oilfield Mumbai High during the current fiscal year, which ends March 31, 2005. Part of the investment will be for production increase redevelopment and at least half for new projects.
09/14/2004
-- MARKET WATCH Energy futures prices soar as Ivan approaches GOM After weeks of spiraling downward, energy futures prices soared Monday as oil and gas companies shut down some offshore operations in the Gulf of Mexico in advance of Hurricane Ivan, one of the most powerful storms ever to threaten that region.
09/13/2004
-- Total denies rumors of courtship with Shell, ConocoPhillips Total AS Chairman and CEO Thierry Desmarest at the company's midyear press conference Thursday, scotched rumors circulating that he intended to acquire either Royal Dutch/Shell Group or ConocoPhillips or a medium-size company in the US or Russia.