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General Interest 2005 P

  • Fri Dec 30 13:12:00 CST 2005 -- MARKET WATCH
    Energy prices climb as market tightens

    Futures prices for crude and petroleum products continued to climb Dec. 29 as reports of low US inventories spurred fears of even tighter markets in 2006.
  • Fri Dec 30 10:12:00 CST 2005 -- Wilson takes United Heritage Corp. helm
    C. Scott Wilson has joined United Heritage Corp., Cleburne, Tex., as chief executive officer and president.
  • Thu Dec 29 15:12:00 CST 2005 -- ConocoPhillips, partners to resume Libyan operations
    ConocoPhillips reported that after reaching an agreement with Libya's National Oil Corp., it will return to its former oil and gas production operations in Libya along with coventure partners Marathon Oil Co. and Amerada Hess Corp.
  • Thu Dec 29 14:12:00 CST 2005 -- Kern River names new president
    Kern River Gas Transmission Co. has named Kirk T. Morgan president to succeed Robert L. Sluder, who retires Jan. 1, 2006.
  • Thu Dec 29 13:12:00 CST 2005 -- MARKET WATCH
    Prices rebound with proposed cut of OPEC production

    Energy prices rebounded Dec. 28 as the Iranian oil minister's call for a production cut by members of the Organization of Petroleum Exporting Countries in January superseded recent forecasts of warmer weather in major US markets.
  • Wed Dec 28 14:12:00 CST 2005 -- Flint Hills names Razook president, chief executive
    Flint Hills Resources, a subsidiary of Koch Industries Inc., has named Executive Vice-Pres., supply and marketing, Brad Razook as president and chief executive officer.
  • Wed Dec 28 12:12:00 CST 2005 -- MARKET WATCH
    Warm weather undermines energy prices

    The US outlook for warm weather continued to push down energy prices Dec. 27, with light trading in New York contributing to the market's weakness.
  • Wed Dec 28 11:12:00 CST 2005 -- Devon sees unconventional gas plays gaining momentum
    Higher natural gas prices and advances in technology are making the economics of producing unconventional gas more attractive, said William A. Van Wie, Devon Energy Corp. vice-president and general manager.
  • Tue Dec 27 15:12:00 CST 2005 -- MARKET WATCH
    Natural gas futures price hits low for the month

    After climbing in previous sessions, the January natural gas contract price plummeted in the last 2 days of trading prior to the extended Christmas holiday amid expectations of warmer weather into the new year.
  • Tue Dec 27 12:12:00 CST 2005 -- Domenici to bring ANWR leasing legislation back
    Senate Energy and Natural Resources Committee Chairman Pete V. Domenici announced that he would try to bring back legislation authorizing federal oil and gas leasing on the Arctic National Wildlife Refuge Coastal Plain in the new year.
  • Tue Dec 27 12:12:00 CST 2005 -- House task force offers NEPA reform proposals
    A US House Resources Committee task force has proposed establishing a 180-day time limit for legal challenges to final federal agency decisions under the National Environmental Policy Act.
  • Thu Dec 22 11:12:00 CST 2005 -- Exploration Co. sets record capital budget
    The Exploration Co., San Antonio, set a record $40-50 million capital budget for 2006 and warned that rig availability might dictate revisions.
  • Thu Dec 22 11:12:00 CST 2005 -- MARKET WATCH
    Crude, natural gas futures prices continue to climb

    Energy futures prices continued to climb Dec. 21 in response to an unexpectedly large drawdown of US distillate fuel inventories.
  • Thu Dec 22 11:12:00 CST 2005 -- Hydrogen station to be built in Shanghai
    Shell Hydrogen BV and Shell (China) Ltd. signed an agreement with Tongji University in Shanghai to build Shanghai's first hydrogen filling station for fuel-cell vehicles.
  • Thu Dec 22 10:12:00 CST 2005 -- Husky sets $2.85 billion capital budget
    Husky Energy Inc. has allocated $2.85 billion (Can.) for capital expenditures in 2006.
  • Wed Dec 21 12:12:00 CST 2005 -- Senate blocks oil and gas leasing in ANWR
    The US Senate blocked a provision to authorize oil and gas leasing of the Arctic National Wildlife Refuge Coastal Plain that was included in a defense appropriations bill.
  • Wed Dec 21 11:12:00 CST 2005 -- Pride International lifts stake in Angolan JV
    Pride International Inc. acquired from Angola's state-owned Sonangol an additional 40% interest in a joint venture owning drillships and platform rigs. The purchase price was $175 million.
  • Wed Dec 21 11:12:00 CST 2005 -- Petro-Canada to sell Syrian production
    Petro-Canada agreed to sell its 38% stake in a joint venture involving production in Syria to India's Oil and Natural Gas Corp. and China National Petroleum Corp. for $676 million (Can.).
  • Wed Dec 21 11:12:00 CST 2005 -- Tag Oil names Webster exploration manager
    Tag Oil Ltd., Calgary, has appointed Mark Webster as exploration manager.
  • Wed Dec 21 11:12:00 CST 2005 -- MARKET WATCH
    Oil, natural gas futures prices rise

    Oil and natural gas futures rose slightly Dec. 20 in the New York market following the explosion of an oil pipeline in Nigeria and amid expectations that the US government would report the first drawdown of crude oil inventories in 3 weeks.
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