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General Interest 2004 P17

  • Tue Oct 19 18:10:00 CDT 2004 -- Western Democrats say FERC should refund billions of dollars to energy consumers
    A group of 35 Democrats from the US House of Representatives signed letters to President George W. Bush saying the Federal Energy Regulatory Commission should refund billions of dollars to energy consumers in California and other Western states.
  • Tue Oct 19 15:10:00 CDT 2004 -- Canada government reaffirms its support of wind power
    A Canadian wind-power producer received $24.7 million (Can.) in financing from the Ministry of Natural Resources Canada (NRCan) as the government reaffirmed its commitment to the wind-power industry.
  • Tue Oct 19 14:10:00 CDT 2004 -- MARKET WATCH
    Energy prices plummet in profit taking

    Energy prices plummeted Monday in what analysts described as profit-taking among major speculators after the recent run-up in record crude prices.
  • Mon Oct 18 15:10:00 CDT 2004 -- Lawmakers call for investigation of hydraulic fracturing
    Five members of Congress have written the US Environmental Protection Agency seeking investigation of the regulation of hydraulic fracturing, a request that an industry spokesman said was politically motivated.
  • Mon Oct 18 12:10:00 CDT 2004 -- Incoming SEG Pres. Beasley links energy demand, need for research
    Society of Exploration Geophysicists Pres. Craig Beasley "I think we've only scratched the surface with tying seismic data with the reservoir."
  • Mon Oct 18 12:10:00 CDT 2004 -- MARKET WATCH
    November crude price hits new highs

    The November contract for benchmark US light, sweet crudes hit new highs Friday on the New York Mercantile Exchange after statements by Federal Reserve Chairman Alan Greenspan, aimed at reassuring the US economy, apparently backfired.
  • Fri Oct 15 14:10:00 CDT 2004 -- MARKET WATCH
    Crude prices hit new highs, with further increases predicted

    Energy futures prices soared to new heights Thursday after Purnomo Yusgiantoro, conference president of the Organization of Petroleum Exporting Countries, surprised traders with a prediction of additional price jumps.
  • Thu Oct 14 12:10:00 CDT 2004 -- MARKET WATCH
    Energy prices rebound with renewed supply worries

    Energy prices rebounded Wednesday, wiping out most losses to profit-taking in the previous session as already jittery markets were shaken by reports that a 30-in. oil pipeline exploded in eastern Mexico. Workers from Petroleos Mexicanos closed off the line and were working to contain the spilled oil.
  • Wed Oct 13 14:10:00 CDT 2004 -- PDVSA president promotes oil, gas integration in Latin America
    Alí Rodríguez Araque, president and CEO of Venezuela's state-owned oil firm Petroleos de Venezuela (PDVSA), reaffirmed the company's commitment to integrate Latin America in terms of energy, with Venezuela as the link for the successful completion of this movement on the continent.
  • Wed Oct 13 14:10:00 CDT 2004 -- US Sec. of State Powell calls Venezuela 'reliable oil supplier'
    US Sec. of State Colin Powell said during a visit to Brazil earlier this month "that despite the rhetoric of Venezuela's President Hugo Chávez, Venezuela is a reliable oil supplier and the [US President George W.] Bush administration has not ruled out the possibility of improving bilateral relations."
  • Wed Oct 13 12:10:00 CDT 2004 -- Endeavour International buys Lundin's stake in OER Oil
    A unit of Endeavour International Corp., Houston, agreed to acquire Lundin Petroleum AB's majority interest in OER Oil AS, private Oslo independent, for $26 million. Closing is expected by yearend and is subject to government approvals.
  • Wed Oct 13 12:10:00 CDT 2004 -- Wärtsilä to generate more electricity in Mexico
    Wärtsilä Corp., Helsinki, received contracts from two separate manufacturing companies in Mexico to build combined steam and power projects to generate electricity for those companies' operations.
  • Tue Oct 12 15:10:00 CDT 2004 -- MARKET WATCH
    Crude futures prices continue string of record highs

    Crude futures Monday registered a fifth consecutive record-popping closing price, with the November contract for benchmark US crudes finishing at $53.64/bbl, up 33¢ for the day on the New York Mercantile Exchange after trading at a new peak of $53.80/bbl during that session.
  • Tue Oct 12 15:10:00 CDT 2004 -- Rice Forum: best practices needed in oil, gas contracting
    Oil and gas companies could improve the efficiency of their dealings with engineering and construction contractors, which would create cost savings for both project owners and contractors, said speakers at a Global Engineering & Construction Forum Tuesday at Rice University in Houston.
  • Fri Oct 08 12:10:00 CDT 2004 -- MARKET WATCH
    NYMEX crude oil reaches $53/bbl before retreating

    Crude futures prices for the November contract climbed to $53/bbl during trading Thursday on the New York Mercantile Exchange before retreating to settle at a new high of $52.67/bbl, up 65¢ from Wednesday's close.
  • Thu Oct 07 15:10:00 CDT 2004 -- Norwegian energy ministry proposes increased petroleum research funding
    Norway's Ministry of Petroleum and Energy has recommended that the government's 2005 budget include an allocation for petroleum research and development of 222.3 million kroner, compared with the 2004 allocation of 137.5 kroner.
  • Thu Oct 07 12:10:00 CDT 2004 -- MARKET WATCH
    Crude futures price continues record climb

    Crude futures prices continued to explore new heights Wednesday, with the November contract for benchmark US crudes jumping to an all-time peak of $52.15/bbl before retreating to a new record closing price of $52.02/bbl, up 93¢ for the day.
  • Thu Oct 07 12:10:00 CDT 2004 -- APPLIED GEOPHYSICS REPORT. Incoming SEG Pres. Beasley links energy demand, need for research
    The incoming president of the Society of Exploration Geophysicists sees "a strange set of circumstances" emerging in the oil and gas industry.
  • Wed Oct 06 18:10:00 CDT 2004 -- Suncor, EHN, Enbridge propose wind power project for Ontario
    A joint venture of Suncor Energy Inc., Enbridge Inc., and EHN Wind Power Canada Inc.—a unit of Corporacion Energia Hidroeléctrica de Navarra SA of Spain—has submitted to the Ontario government a proposal to build a 75 Mw wind-power project near Ripley, Ont.
  • Wed Oct 06 14:10:00 CDT 2004 -- ICF Consulting forecasts volatile US heating oil season
    ICF Consulting Inc., Washington, DC, warns industry and consumers to prepare for a winter with above-average volatility for US heating oil supplies.
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