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General Interest 2004 P5

  • Tue May 04 14:05:00 CDT 2004 -- BG Brazil to acquire exploration block off Sao Paulo
    BG Group PLC has agreed to acquire an exploration license in the Santos basin, 140 km off Sao Paulo, from El Paso Corp. for $23.5 million, subject to government approval.
  • Fri May 21 15:05:00 CDT 2004 -- NuCoastal buying Enron's pipelines
    NuCoastal LLC, a consortium led by Oscar Wyatt of Houston, agreed to buy CrossCountry Energy, Houston, from the bankrupt Enron Corp., Houston, for $2.2 billion, including the assumption of $430 million in debt.
  • Thu May 20 14:05:00 CDT 2004 -- KeySpan Facilities Income Fund buying EnerPro Midstream Co.
    The Alberta-based KeySpan Facilities Income Fund, a midstream trust, agreed to buy EnerPro Midstream Co. for $190 million, plus working capital adjustments, from Chevron Canada Resources, a ChevronTexaco Corp. subsidiary.
  • Tue May 11 14:05:00 CDT 2004 -- Chesapeake Energy to acquire Greystone Petroleum
    Chesapeake Energy Corp., Oklahoma City, agreed to acquire privately held Greystone Petroleum LLC of Houston in a $425 million transaction involving natural gas assets in northern Louisiana.
  • Thu May 06 13:05:00 CDT 2004 -- ConocoPhillips forms global gas organization
    ConocoPhillips formed a global natural gas organization as an exploration and production division.
  • Mon May 24 15:05:00 CDT 2004 -- BHP, Apache make third Exmouth oil discovery off Western Australia
    BHP Billiton and Houston-based independent Apache Corp. reported an oil discovery with their Stickle-1 well drilled within the WA-12-R retention lease in the Exmouth subbasin of the Carnarvon basin off Western Australia.
  • Tue May 18 15:05:00 CDT 2004 -- ExxonMobil inks upstream deal to start exploration off Colombia
    ExxonMobil de Colombia SA, together with Colombia's state oil company Ecopetrol and Brazil's Petroleo Brasileiro SA (Petrobras), signed a participation agreement to begin exploration activities off Colombia.
  • Mon May 17 14:05:00 CDT 2004 -- Murphy Oil confirms downdip limits of Kikeh field off Malaysia
    Murphy Oil Corp. reported that its Kikeh No. 7 appraisal well has confirmed the downdip limits of Kikeh field on deepwater Block K off Sabah, Malaysia.
  • Thu May 13 15:05:00 CDT 2004 -- Paladin confirms Montrose field extension in North Sea
    Paladin Expro Ltd., a unit of London-based Paladin Resources PLC and licensee of Montrose field in the North Sea since May 2003, has proved up a significant northwest extension of the field with its recently completed 22/17-2 well.
  • Mon May 10 09:05:00 CDT 2004 -- Noble Energy to explore Block O off Equatorial Guinea
    Noble Energy Inc. subsidiary Noble Energy EG Ltd. has signed a production sharing contract (PSC) with the Republic of Equatorial Guinea covering Block O off Bioko Island. Block O, in more than 500 m of water, covers 1,772 sq km adjacent to Alba field, which contains estimated gross resources of one billion boe.
  • Fri May 21 16:05:00 CDT 2004 -- Gas venting
    After a 3-year effort by the World Bank and Norway, 11 countries and 8 major oil companies met May 11 in Algiers to sign a voluntary global natural gas venting and flaring reduction standard.
  • Tue Jul 13 21:07:00 CDT 2004 -- Kinder Morgan puts two new gas pipelines online; announces expansion projects
    Kinder Morgan Energy Partners LP (KMP), Houston, has begun service on its $30 million, 130 mile converted crude oil-to-natural gas intrastate natural gas pipeline from Katy to Austin, Tex. and 5-mile lateral. KPM also placed into service a $20 million, 58-mile natural gas pipeline between Montrose and Ouray, Colo.
  • Tue Jul 06 20:07:00 CDT 2004 -- Rasgas II awards onshore EPC contract for Train 5 at Ras Laffan
    Ras Laffan LNG Co. Ltd. II (RasGas II) awarded a contract to a joint venture of Yokohama-based Chiyoda Corp. and Snamprogetti & Co. WLL, Milan, for the onshore engineering, procurement, and construction of its liquefaction Train 5 at Ras Laffan Industrial City in Qatar.
  • Mon Jul 26 16:07:00 CDT 2004 -- ConocoPhillips reportedly close to acquiring Kremlin's stake in Lukoil
    ConocoPhillips is thought to be close to signing a major agreement to acquire Russia's 7.59% stake in OAO Lukoil—that country's second largest oil and natural gas company—for $1.7 billion, according to several news reports.
  • Fri Jul 16 13:07:00 CDT 2004 -- California plans to sue for LNG permitting authority in dispute with FERC
    The California Public Utilities Commission (CPUC) has voted unanimously to file a petition for review with the US Court of Appeals for the District of Columbia regarding the siting of a proposed Long Beach, Calif., LNG terminal.
  • Thu Jul 08 10:07:00 CDT 2004 -- MARKET WATCH
    Energy futures prices fall with profit taking

    Although gasoline continued to climb on the New York market, most energy futures prices fell in renewed profit taking Wednesday, as Total SA announced a compromise among union leaders, government officials, and company representatives to avert a pending strike by Nigerian oil workers.
  • Thu Jul 29 15:07:00 CDT 2004 -- Occidental senior management changes
    Dr. Dale R. Laurance,, president, Occidental Petroleum Corp. and head of its oil and gas operations has announced his plan to retire Dec. 31.
  • Tue Jul 20 17:07:00 CDT 2004 -- Goodrich announces management promotions
    Houston-based Goodrich Petroleum Corp. announced several management promotions and the hiring of a new vice-president, geology.
  • Wed Jul 14 15:07:00 CDT 2004 -- Plains All American strengthens senior management with industry veterans
    John F. Russell has been appointed by the board of Houston-based Plains All American Pipeline LP to the position of vice-president, pipeline operations and James B. Fryfogle to the position of vice-president, lease operations.
  • Fri Jul 30 12:07:00 CDT 2004 -- Inter Pipeline Fund buying Canadian NGL straddle plants
    Inter Pipeline Fund of Calgary has agreed to buy three NGL straddle plants in southern Alberta from Williams Cos. Inc., Tulsa, for $540 million, subject to closing adjustments.
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