General Interest 2004 P

11/22/2004 -- MARKET WATCH
European market for petroleum products push up prices
Energy prices shot up Friday, triggered by a sudden wave of panic buying among European gasoline and gas-oil distributors that spilled over into the US futures market.
11/19/2004 -- MARKET WATCH
Heating oil price climbs as other commodities spiral down
Heating oil futures prices for all winter months continued to climb Thursday, with predictions of a colder-than-normal winter in the eastern US, but other energy commodities resumed their downward slide.
11/19/2004 -- Russian government to auction subsidiary of Yukos on Dec. 19
The Russian government announced bidding has opened for a Dec. 19 auction of a subsidiary of OAO Yukos in the company's prolonged, highly publicized battle over alleged delinquent taxes.
11/19/2004 -- Inergy to acquire Star Gas propane, create fifth largest US propane retailer
Inergy LP, Kansas City, Mo., agreed to acquire Star Gas Propane LP, the propane operating partnership of Star Gas Partners LP, Stamford, Conn., for $475 million.
11/18/2004 -- Mexico faces challenges in deepwater operations
Managers of Petroleos Mexicanos (Pemex) recognize the need to develop production in the deepwater Gulf of Mexico but must resolve some of the challenges facing their company to make projects attractive to international operators.
11/18/2004 -- Enbridge buying Shell's interest in Gulf of Mexico natural gas pipelines
Enbridge Inc., Calgary, has agreed to buy Shell Gas Transmission LLC from Shell US Gas & Power LLC in a $613 million transaction that includes most of Shell's Gulf of Mexico natural gas pipeline business.
11/18/2004 -- Houston Exploration announces executive appointments
Houston Exploration Co. announced that Steven L. Mueller has been named executive vice-president and chief operating officer.
11/18/2004 -- MARKET WATCH
Energy prices rebound with drop in heating oil stocks
Energy futures prices shot up Wednesday, led by heating oil, after the Energy Information Administration reported US distillate stocks fell by 1 million bbl to 114.6 million bbl during the week ended Nov. 12.
11/17/2004 -- Analyst: Oil, gas industry must take steps to recruit young professionals
In order to fill the growing shortage of engineers and other professionals, oil and gas companies must convince college students of the industry's highly technical nature and the job opportunities it offers, said officials at Ernst & Young LLP, Houston.
11/17/2004 -- MARKET WATCH
Energy prices continue downward tumble
Energy prices continued to tumble Tuesday in expectation of a build in US inventories, as most traders claimed energy markets are "finally coming in line with the demand-supply equation" after earlier being "way overboard."
11/17/2004 -- ODAC: World oil supplies likely to remain tight through 2010
Unless demand plummets, world oil supplies are nearly certain to remain tight through the rest of this decade, according to a study by the Oil Depletion Analysis Centre in London.
11/16/2004 -- Fitch Ratings assesses toll of high jet fuel prices on US aviation industry
The recent surge in oil prices has aggravated the already-difficult economics of the US aviation industry, said Fitch Ratings Ltd.
11/16/2004 -- IEA sees diminished seasonality in oil market
The traditional second-quarter slump in global oil consumption isn't what it used to be.
11/16/2004 -- Brazil accepts China as 'market economy; inks cooperation pacts
Brazil has recognized China as a "market economy," removing an obstacle to trade between countries already studying cooperation in energy projects.
11/16/2004 -- New head appointed at Nigeria LNG
Chris Haynes, Royal Dutch/Shell Exploration & Production director, Middle East, has been appointed managing director and CEO of Nigerian LNG Co.
11/15/2004 -- IOC, OIL to form venture for international projects
Two of India' largest public energy companies, Indian Oil Corp. and Oil India Ltd., have agreed to form a joint venture to bid for international exploration and production projects.
11/15/2004 -- Paladin Resources unit to buy BHP's remaining share in Timor Sea fields
BHP Billiton Ltd., Melbourne, has sold its last interests in the Timor Sea—25% of Corallina oil field and 36.6125% of Laminaria oil field—for $150 million to the wholly owned subsidiary of Paladin Resources PLC, London.
11/15/2004 -- Draft EIS favoring Nantucket Sound wind farm opposed by governor
The US Army Corps of Engineers' New England District has issued a draft environmental impact statement (DEIS) saying the first offshore wind farm proposed in the US would do little long-term environmental damage.
11/15/2004 -- US Sec. of Energy Spencer Abraham resigning
US Sec. of Energy Spencer Abraham Monday submitted his resignation to President George W. Bush, effective upon confirmation of a successor.
11/15/2004 -- MARKET WATCH
Energy futures prices slide amid swelling supplies
Energy prices generally slipped lower Friday as swelling supplies countered concerns about colder weather in the Northeast and other parts of the US.

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