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General Interest 2004 P
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10/27/2004 -- Irving Oil to build power plant near Canaport LNG terminal
Irving Oil Ltd., St. John, NB, reported that it will apply for a permit to build a 500-700-Mw natural-gas fired electric power plant near its Canaport LNG terminal at the entrance to St. John Harbor. -
10/27/2004 -- New incentives move Alaskan gas line toward negotiation
Alaskan government officials and the three major North Slope producers express optimism that they will reach an agreement to build a natural gas pipeline to the Lower 48 states now that several incentives have become federal law. -
10/27/2004 -- MARKET WATCH
Energy prices jump higher in surprise move
Energy futures prices jumped higher in a surprise turnaround Tuesday, with natural gas soaring to a 20-month high on the New York Mercantile Exchange. -
10/27/2004 -- Dragon Oil PLC appoints permanent CEO
Dragon Oil PLC, London, appointed Essa Almulla as CEO. He was an executive director and deputy CEO. -
10/27/2004 -- BP: Oil prices have support level of $30/bbl for Brent
Oil prices apparently have a support level of $30/bbl for North Sea Brent crude, based upon their recent record and the world supply-demand balance, BP PLC Chief Executive John Browne told reporters in London Tuesday. -
10/27/2004 -- New method proposed for figuring oil, gas reserves
A new framework for assessing oil and natural gas reserves should be implemented for better estimation, increased accuracy, and improved production and income potential, said analysts in two briefing papers recently issued through The Royal Institute of International Affairs. -
10/27/2004 -- Study urges early Iraqi welcome of foreign investment
Iraq can accelerate reconstruction and boost its economic growth if it promptly welcomes foreign direct investment (FDI) to its oil industry and establishes a stable fiscal regime. -
10/26/2004 -- Total becomes full-fledged player in new French gas market
Total SA has become a full-fledged player in France's deregulated natural gas market. -
10/26/2004 -- IEA World Energy Outlook released in 'extremely unsettling environment'
The International Energy Agency released the 2004 edition of its World Energy Outlook Tuesday in what Executive Director Claude Mandil described as "an extremely unsettling environment" in which "the energy world has lost its bearings." -
10/26/2004 -- Kerr-McGee, Stone Energy ink Gulf of Mexico exploration pacts
Stone Energy Corp., Lafayette, La., has entered into a series of exploration agreements with Kerr-McGee Oil & Gas Corp. covering interests in 30 Kerr-McGee leases in the Gulf of Mexico. Stone will commit $50 million to acquire 16.67- 50% working interests, while Kerr-McGee will remain operator, retaining 50-75% working interests. -
10/25/2004 -- MARKETWATCH
Energy prices soar in Friday trading on NYMEX
Natural gas prices on the New York Mercantile Exchange reached their highest level in more than 18 months Friday, and crude oil closed at another NYMEX record, settling above $55/bbl. -
10/25/2004 -- EastCoast Energy names president, CEO
Peter Clutterbuck has been named president and chief executive officer of EastCoast Energy Corp., Tortola, British Virgin Islands. -
10/22/2004 -- PetroQuest Energy acquires Arkoma basin gas reserves
PetroQuest Energy Inc., Lafayette, La., has acquired an interest in 6,000 net acres of Arkoma basin natural gas properties in Oklahoma from a private company for $13.5 million. -
10/22/2004 -- MARKET WATCH
Energy prices continue climbing, led by heating oil
Energy prices continued to climb Thursday, pulled up by growing demand and apparently short supplies of heating oil so near the Nov. 1 start of the winter heating season. -
10/21/2004 -- Gaz de France acquires Romanian gas distributor
Gaz de France on Monday agreed to buy a 51% stake in Romanian gas distributor SC Distrigaz Sud AG for $388 million, as previously negotiated with Romanian officials (OGJ Online, Aug. 25, 2004). -
10/21/2004 -- Strong energy demand creates challenges for industry
Strong worldwide energy demand is creating both opportunities and challenges for oil and gas producers and the oil service industry, said speakers at the 10th annual RMI Breakfast Forum Oct. 8 in Houston. -
10/21/2004 -- CGES: OPEC pushing limits of oil production capacity
Most members of the Organization of Petroleum Exporting Countries are pushing the limits of their oil production capability, and some probably are finding that their sustainable capacity is not as high as originally thought. -
10/21/2004 -- MARKET WATCH
Energy futures prices rebound to new highs
Energy futures prices rebounded to new highs Wednesday, ending 2 consecutive days of profit-taking from the previous run-up on the New York Mercantile Exchange. -
10/21/2004 -- US E&P firms lift drilling despite uncertain policies
Independent producers have increased activity amid rising oil and gas prices but still face limits on access to federal land and questions about comprehensive energy legislation. -
10/20/2004 -- Eni executive becomes 2005 SPE president
Giovanni Paccaloni became 2005 president of the Society of Petroleum Engineers (SPE) during the SPE Annual Technical Conference and Exhibition held in September.
