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General Interest 2005 P10

  • 12/07/2005 -- Deloitte analysts expect oil, gas prices to stay high
    Deloitte & Touche LLP analysts foresee continued strength in crude oil prices for more than a year and expect natural gas prices to remain high throughout the winter.
  • 12/07/2005 -- MARKET WATCH
    Crude prices little changed ahead of inventory report

    Crude futures prices changed little Dec. 6 as traders awaited an update on US oil inventories, but natural gas futures continued to fall.
  • 12/07/2005 -- TexStar buys midstream gas assets in Texas
    TexStar Field Services LP, a San Antonio-based natural gas midstream energy company created in 2004 by Hicks, Muse, Tate & Furst Inc., has acquired midstream natural gas assets in South and Northeast Texas from Enbridge Energy Partners LP.
  • 12/07/2005 -- First Calgary appoints O'Leary COO
    First Calgary Petroleums Ltd., Calgary, has appointed Shane O'Leary as chief operating officer, effective January 2006.
  • 12/07/2005 -- Military training pressed as eastern gulf leasing issue
    US Sec. of Defense Donald H. Rumsfeld's view of offshore exploration and development where military training occurs has become an issue in Washington, DC.
  • 12/06/2005 -- IEA: Hydrogen, fuel cells for transport face hurdles
    Hydrogen fuel and fuel cell technologies remain costly ways to mitigate emissions of carbon dioxide and bolster energy security, according to a new report the International Energy Agency.
  • 12/06/2005 -- UK raising oil and gas taxes again
    UK Chancellor Gordon Brown announced a tax increase for oil companies in a move that energy experts predicted could discourage North Sea investment.
  • 12/06/2005 -- Eni to buy shares of permits off Australia
    Eni Australia BV is buying Woodside Petroleum Ltd.'s interests in three permits off Australia for $30 million, subject to government approval and consent of other partners in one permit.
  • 12/06/2005 -- MARKET WATCH
    Winter weather pushes crude futures price above $60/bbl

    Crude futures prices briefly topped $60/bbl Dec. 5, but natural gas futures declined in profit-taking as a winter cold front moved into the main US gas and heating oil markets.
  • 12/05/2005 -- MARKET WATCH
    Lower temperatures, increased demand lift energy prices

    Predictions of colder weather after a warm November and indications of sustained US economic growth pushed up energy prices Dec. 2.
  • 12/05/2005 -- PDVSA signs agreements with BP, Shell
    Petroleos de Venezuela SA has signed transitional agreements with BP PLC and Royal Dutch Shell PLC to convert their operating service agreements into joint ventures with the government.
  • 12/05/2005 -- Woodside sells its Hardman Resources shares
    Woodside Petroleum Ltd. said its subsidiary, Woodside Mauritania Investments Pty. Ltd., sold its 67.4 million shares of Hardman Resources Ltd. for $118.3 million (Aus.) to Deutsche Securities Australia Ltd. for placement in the market. The shareholding represents a 10% interest in Hardman Resources.
  • 12/02/2005 -- MARKET WATCH
    Cold weather drives up energy prices

    Energy prices climbed for the second consecutive day with increased projections of colder weather in the northern US.
  • 12/02/2005 -- Bodman urges African nations to adopt 'bedrock principles'
    Billions of dollars in venture capital are pouring into energy projects worldwide, US Energy Sec. Samuel W. Bodman said. But it will require commitments to "the bedrock principles" of property rights, contracts, transparency, and the rule of law, and to letting markets run their course for the projects to succeed, he said in remarks to a Washington, DC, conference.
  • 12/01/2005 -- MARKET WATCH
    Colder weather, lower inventories drive up energy prices

    Energy prices rebounded Nov. 30, recouping most of the previous session's losses.
  • 12/01/2005 -- Increase in energy M&A activity predicted for 2006
    Energy merger and acquisition activity likely will rise in 2006, PricewaterhouseCoopers LLP's transactions services group said, noting that energy M&A has retreated from heights reached in the 1990s.
  • 11/29/2005 -- Kerr-McGee completes Tronox share offering
    Kerr-McGee Corp., Oklahoma City, closed its initial public offering of Tronox Inc.'s Class A common stock in what the company described as "a significant step" in its transition to a pure-play oil and gas exploration and production company.
  • 11/29/2005 -- Flint buys Mackenzie Valley Construction share
    Flint Energy Services Ltd., Calgary, has taken a 49% share in Mackenzie Valley Construction Ltd., a subsidiary of Gwich'in Development Corp., Inuvik, NWT, an aboriginal-owned development corporation in the Mackenzie Valley.
  • 11/29/2005 -- Aramco unit sells interest in Greek refiner
    Aramco Overseas Co., Dhahran, has completed the sale of its interest in Motor Oil (Hellas) Corinth Refineries SA (MOH) to its partner, Vardinoyannis group member Motor Oil Holdings SA, Athens.
  • 11/28/2005 -- Reef Exploration hires drilling operations manager
    Reef Exploration Inc., an independent based in Richardson, Tex., has appointed G.D. Degan Jr. as manager, drilling operations.
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