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General Interest 2005 P

  • 03/28/2005 -- MARKET WATCH
    Refinery fire sparks rebound in energy prices

    Energy prices rebounded Mar. 24, following an explosion and fire on Mar. 23 that damaged an isomerization unit at BP PLC's refinery at Texas City, Tex., killing 14 people and injuring more than 100.
  • 03/28/2005 -- UK group reviews climate-change policies
    Energy efficiency is the fastest way of cutting carbon emissions and mitigating climate change but is not on the agenda of many policy-makers worldwide, a meeting of UK energy professionals concluded.
  • 03/28/2005 -- PetroIndex economist notes data leveling
    An economist who prepares the Texas PetroIndex for the Texas Alliance of Energy Producers, Wichita Falls, expects a leveling of index statistics from previous roller-coaster patterns.
  • 03/28/2005 -- Singapore takes maritime security steps
    Singapore has taken measures to protect key oil and chemical port facilities from terrorist attack following several recent attacks on tankers in and near the Malacca Straits (OGJ, Mar. 21, 2005, p. 31).
  • 03/29/2005 -- MARKET WATCH
    Energy prices slip in profit taking

    Energy prices generally fell again in profit taking Mar. 28 as trading resumed after the long Easter weekend.
  • 03/29/2005 -- Total and Sinochem form retail-fuel JV
    Total SA said Chinese authorities approved its formation of a retail-fuel joint venture with China National Chemical Import & Export Co. (Sinochem) called Total Sinochem Fuels Co.
  • 03/29/2005 -- Russia raises oil export tax
    The Russian government plans to increase its oil export duty to a record $102.60/tonne starting Apr. 1. The duty has been $83/tonne since Feb. 1.
  • 03/30/2005 -- High oil prices boost interest in French E&P
    Higher world oil prices and modest costs of acquiring acreage have boosted the interest of small and midsize oil companies in Frances's mature exploration and production business. The country's oil production last year fell 6.5% to about 22,800 b/d.
  • 03/30/2005 -- MARKET WATCH
    NYMEX oil prices rebound

    Energy prices climbed slightly in New York Mar. 29 upon comments from the Organization of Petroleum Exporting Countries' president.
  • 03/30/2005 -- FACTS: Middle East production capacity to continue to climb
    The Middle East's crude oil production capacity will continue to rise by 4.35 million b/d from 2003's estimate of 23.9 million b/d, reaching 28.3 million b/d of oil by 2010.
  • 03/30/2005 -- NGSA advocates pipeline tariffs for gas quality, interchangeability
    The Natural Gas Supply Association urged the US Federal Energy Regulatory Commission to adopt the use of pipeline tariffs as a way to address natural gas quality and interchangeability issues.
  • 03/30/2005 -- ESAI: US in for gasoline demand run
    January gasoline demand in the US has increased from its year-earlier level in each of the last 9 years but 1, and 2005 appears likely to follow the trend, said Energy Security Analysis Inc., Wakefield, Mass.
  • 03/31/2005 -- MARKET WATCH
    Energy prices mixed in active markets

    Crude futures prices for May plunged as low as $52.50/bbl in intraday trading Mar. 30 in New York before buyers reentered the market late in the session to bid prices back up.
  • 04/01/2005 -- MARKET WATCH
    Prices rise as Goldman Sachs predicts $105/bbl crude

    March trade in the energy futures market went out like a lion with a strong price increase after equity analysts at Goldman Sachs Group Inc., New York, predicted that crude could spike to $105/bbl.
  • 04/01/2005 -- Gastech hears warnings against complacency about gas
    A warning against complacency greeted attendees of Gastech 2005 here Mar. 14.
  • 04/01/2005 -- Vanco Energy names new president
    Houston-based independent Vanco Energy Co. has named John F. Imle Jr. president of the company.
  • 04/01/2005 -- Motiva to sell terminal to Marathon Ashland
    Motiva Enterprises LLC, Houston, agreed to sell its North Petroleum Distribution Terminal in Port Everglades, Fla., one of three terminals owned and operated by Motiva in that area, to Marathon Ashland Petroleum LLC.
  • 04/04/2005 -- MARKET WATCH
    Crude, gasoline futures prices hit new highs

    Crude and gasoline futures prices hit new highs Apr. 1 in the wake of a report by Goldman Sachs Group Inc., New York, that crude could jump to $75/bbl in 2006 and spike at $105/bbl in 2007 before plunging back to $30/bbl by 2010.
  • 04/05/2005 -- Prior Kyrgyzstan regime saw flat oil flow
    Prior to the outbreak of domestic political troubles in March, Kyrgyzstan planned first quarter oil production of 17,300 tonnes, unchanged from 2004, and natural gas production of 7.5 million cu m, down 6.2%.
  • 04/05/2005 -- AGA: Gas reserves additions exceed output
    Estimates of US reserves of natural gas for yearend 2004 are expected to exceed 190 tcf for the first time since 1986, yet producers still are "running in place" to keep up with demand, the American Gas Association (AGA) said.

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