General Interest 2005 P

10/11/2005 -- New US energy attention noted in wake of hurricanes
Hurricanes Katrina and Rita brought US energy supply concerns to the forefront of public attention, speakers said Oct. 11 during an Ernst & Young LLP energy conference in Houston.
10/11/2005 -- CORRECTION: NOIA appoints new president, chief executive
The Newfoundland Ocean Industries Association has appointed Michele English as its president and chief executive officer.
10/11/2005 -- MARKET WATCH
Crude futures prices slip in volatile session
Crude futures prices fell during earlier trading Oct. 10 in the New York market but rallied to finish at a small loss.
10/11/2005 -- Petroceltic appoints exploration staff
Petroceltic International PLC, Dublin, appointed technical and operating management in preparation for late 2005 drilling on the 10,871 sq km Isarene Permit in Algeria's Illizi basin 100 km south of giant Tin Fouye Tabankort oil and gas field.
10/11/2005 -- Iran's nuclear work seen rooted in politics
The nuclear ambitions pushing Iran toward confrontation with the European Union and US have roots in domestic energy politics, says energy analyst Fereidun Fesharaki, senior fellow of the East-West Center in Honolulu.
10/10/2005 -- BP to pay $21 million in Texas City refinery settlement
BP Products North America Inc. has agreed to pay $21,361,500 in penalties under a settlement agreement with the US Occupational Safety and Health Administration for violations connected with the Mar. 23 explosion at BP's 446,500 b/cd Texas City, Tex., refinery.
10/10/2005 -- OMV backs away from Tupras acquisition bid
Austrian oil and gas company OMV AG reported last month that it had backed away from a binding offer to acquire a 51% stake in the Turkish refining company Turkiye Petrol Rafinerileri Anonim Sirke (Tupras).
10/10/2005 -- US House narrowly passes bill on refining, pipelines
The US House of Representatives passed the Energy and Commerce Committee's refining and pipeline bill Oct. 7 by a two-vote margin (OGJ Online, Oct. 4, 2005). But as members headed to their home districts for a week-long Columbus Day recess, it was still not clear how much effect the measure will have.
10/10/2005 -- MARKET WATCH
Crude futures price gain ends 5-day fall on NYMEX
Crude futures prices increased slightly Oct. 7 after a 5-day losing streak as oil and gas production in the Gulf of Mexico remained slow to recover from hurricane damage.
10/10/2005 -- Whiting completes North Ward Estes acquisition
Whiting Petroleum Corp., Denver, completed the acquisition of North Ward Estes field in West Texas, where it has 6 rotaries and 15 workover rigs at work on expansion projects.
10/07/2005 -- Ineos agrees to buy Innovene from BP
Ineos Group Holdings Inc. has agreed to buy Innovene, a wholly owned BP PLC petrochemical and refining subsidiary formed earlier this year (OGJ Online, Mar. 22, 2005).
10/07/2005 -- MARKET WATCH
Energy futures prices continue to fall
Energy prices continued to fall Oct. 6 as markets focused on a possible drop in demand because of recent high prices.
10/06/2005 -- WPC: Saudi oil office says oil resources plentiful
Availability of crude oil is not a problem, but deliverability is, Saudi Arabian Minister of Petroleum and Mineral Resources Ali I. Al-Naimi told the World Petroleum Congress (WPC), held at the end of September in Johannesburg.
10/06/2005 -- MARKET WATCH
Energy prices continue to tumble
Energy prices continued to tumble Oct. 5 because of market perceptions of decreased demand in the face of recently high costs.
10/05/2005 -- Partial easing of OCS moratoriums worries Floridians
Governor, lawmakers alarmed over House bill provision that would terminate leasing moratoriums and acreage withdrawals for gas activity on the Outer Continental Shelf.
10/05/2005 -- MARKET WATCH
Natural gas price climbs; crude falls
Natural gas futures prices continued to climb, and crude futures continued to fall Oct. 4 in reaction to statements by two members of US President George W. Bush's cabinet.
10/05/2005 -- Interior secretary assesses gulf hurricane damage
Offshore oil and gas operations in the Gulf of Mexico survived the one-two punch of Hurricanes Katrina and Rita reasonably well, with no loss of life or significant spills, Sec. of the Interior Gale Norton said Oct. 4.
10/04/2005 -- Chesapeake to buy CNR from Triana Energy
Chesapeake Energy Corp. announced an agreement to acquire Columbia Natural Resources LLC from Triana Energy Holdings LLC for $2.95 billion, including the assumption of $75 million in debt and liabilities related to CNR's prepaid sales agreement and hedging positions.
10/04/2005 -- NPRA president urges reasoned look at refining issues
Bob Slaughter is pleased that limited US refining capacity finally is getting wide attention in the days and weeks following Hurricanes Katrina and Rita. But the National Petrochemical & Refiners Association president doesn't like many of the responses that have been proposed.
10/04/2005 -- MARKET WATCH
Crude futures prices continue to slip
Futures prices for crude and petroleum products continued to slip Oct. 3 as more refining capacity came back on stream.

Home

General Interest

Exploration & Development

Drilling & Production

Processing

Transportation

Home

2005

General Interest 2005 P