General Interest 2005 P

08/12/2005 -- Ashland appoints Solomon to new chief growth officer position
Covington, Ky.-based Ashland Inc. has appointed Walter H. Solomon as chief growth officer, a newly created management position.
08/11/2005 -- Unocal shareholders okay takeover by Chevron
Unocal Corp. shareholders overwhelmingly accepted a cash-stock takeover bid from Chevron Corp. during a special meeting Aug. 10 near Los Angeles. The transaction's final value, excluding debt, was $17.9 billion.
08/11/2005 -- MARKET WATCH
Supply worries boost crude prices to new highs
Energy prices soared to new highs on Aug. 10 as traders ignored a build in US crude inventories and worried instead about possible supply disruptions, including international concern over Iran's nuclear program, tightness of US refining capacity, and threats from the Atlantic hurricane season.
08/10/2005 -- Japan protests Chinese plans for gas field
The Japanese government has issued a new protest to China over Chunxiao natural gas field in the East China Sea, saying Beijing has the means to start producing from the disputed area.
08/10/2005 -- Shell appoints Ollila as nonexecutive chairman
Royal Dutch Shell PLC has appointed Jorma Ollila, currently chairman and chief executive officer of Nokia, to succeed Aad Jacobs as the company's nonexecutive chairman.
08/10/2005 -- SEC upgrades Equatorial Guinea payments inquiry
The US Securities and Exchange Commission apparently has upgraded its 2004 probe of US oil and gas producers' payments to the government of Equatorial Guinea to a formal investigation from an informal inquiry.
08/10/2005 -- W&T Offshore reports executive promotions
W&T Offshore Inc. reported the promotions over several employees.
08/10/2005 -- Robinson named APPEA executive director
Belinda Robinson has succeeded Barry Jones as executive director of the Australian Petroleum Production & Exploration Association (APPEA).
08/10/2005 -- MARKET WATCH
Crude prices fall upon reassurance from OPEC
Crude futures prices fell from a record high Aug. 9 on the New York market after the head of the Organization of Petroleum Exporting Countries reiterated that members are committed to providing additional supplies.
08/09/2005 -- Crosstex to acquire gas processing assets
Crosstex Energy LP, Dallas, agreed to acquire El Paso Corp.'s gas processing and liquids business in southern Louisiana for $500 million.
08/09/2005 -- Six companies win MMS royalty-in-kind oil
Six companies bought 97,265 b/d of royalty-in-kind (RIK) oil from the Gulf of Mexico in an unrestricted sale, the US Minerals Management Service reported.
08/09/2005 -- MARKET WATCH
Middle East threats boost crude over $63/bbl
Crude futures prices jumped to a new high above $63/bbl on Aug. 8 after the US closed its embassy and consulates in Saudi Arabia amid warnings of possible terrorist attacks in that country.
08/09/2005 -- PDVSA signs agreements with oil companies
Petroleos de Venezuela SA has signed transitional agreements with eight oil companies to convert their operating service agreements into joint ventures with the government.
08/09/2005 -- Geocan to acquire Assure Energy
Geocan Energy Inc. and Assure Energy Inc., both of Calgary, have entered into an agreement whereby Geocan will acquire Assure's outstanding and issued stock for $48.3 million (Can.).
08/08/2005 -- International Sovereign's operations names vice-president, operations
International Sovereign Energy Corp., Vancouver, BC, appointed G. David Quinn as vice-president, operations.
08/08/2005 -- Chevron boosts stake in BLH to 100%
Chevron Corp. has increased its equity ownership to 100% in Bridgeline Holdings LP, which operates an intrastate gas system in southern Louisiana along the Mississippi River.
08/08/2005 -- Kerr-McGee selling its North Sea assets
Maersk Olie & Gas AS, Copenhagen, plans to buy most of Kerr-McGee Corp.'s North Sea assets for $2.95 billion. The UK's Centrica PLC agreed to buy four North Sea fields and exploration acreage from the Oklahoma City producer for $566 million.
08/08/2005 -- Vintage to cite treaty in Bolivian lawsuit
Vintage Petroleum Inc., Tulsa, has told Bolivia that it will cite a bilateral treaty protecting investment in a lawsuit challenging the country's Hydrocarbons Act passed last May by Congress and signed by interim President Eduardo Rodriguez.
08/08/2005 -- Plains to acquire Chevron's Rocky Point interest
Plains Exploration & Production Co., Houston, agreed to acquire Chevron Corp.'s 16.7% interest in the Rocky Point oil development in the Santa Barbara Channel.
08/08/2005 -- MARKET WATCH
Crude, gas futures prices at record levels
Crude oil and natural gas futures contracts closed at new highs on the New York market Aug. 5 amid trader's continued worries whether world supplies can meet fourth quarter demands.

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