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General Interest 2005 P17

  • 09/09/2005 -- Stratic Energy appoints new president and chief executive
    Calgary-based Stratic Energy Corp. has appointed Kevin Watts as president and chief executive officer. He succeeds Hugh Ross, who will become vice-chairman.
  • 09/09/2005 -- Byers appointed BP Energy president, chief executive
    Cameron Byers has been appointed president of BP PLC's North American gas and power merchant energy business.
  • 09/09/2005 -- Koch Pipeline Co. names new president
    Bob O'Hair has been promoted to president of Koch Pipeline Co. LP, Corpus Christi, Tex. O'Hair succeeds Pat McCann, who has accepted a position with Koch Industries Inc.'s operations excellence group.
  • 09/09/2005 -- MARKET WATCH
    Energy prices increase slightly

    Energy prices generally increased slightly Sept. 8, perhaps having bottomed out in their recent decline as more crude oil and petroleum products came available in the aftermath of Hurricane Katrina.
  • 09/08/2005 -- MARKET WATCH
    Energy prices spiral down as supplies increase

    Energy prices continued to spiral down with crude futures falling under $65/bbl Sept. 7 on the New York Mercantile exchange amid reports of continued recovery of Gulf of Mexico production and emergency oil supplies being released to markets.
  • 09/07/2005 -- Congress warned of limits to gasoline price relief
    US gasoline markets already were tight when Hurricane Katrina devastated the Gulf Coast, and recovery from the storm's damage will only moderately relieve the resulting price spike, government and industry leaders told two congressional committees.
  • 09/07/2005 -- Attorneys general target gasoline prices
    Michigan Atty. Gen. Mike Cox said he joined more than 30 attorneys general across the US—including Alabama's Troy King and Florida's Charlie Crist, whose states were hit by Hurricane Katrina—in a multistate comprehensive investigation of gasoline prices.
  • 09/07/2005 -- MARKET WATCH
    Energy prices fall as supplies increase

    Energy prices continued to fall Sept. 6 as oil and gas production ramped up in the Gulf of Mexico and Gulf Coast refineries resumed operation in the wake of Hurricane Katrina.
  • 09/07/2005 -- EIA: Gulf oil, gas flow nearly normal by December
    Oil and gas production and distribution from the hurricane-ravaged US Gulf Coast will return to nearly normal operation by December, predicts the US Energy Information Administration.
  • 09/02/2005 -- US waives Jones Act in Katrina aftermath
    The US Department of Homeland Security has waived the Jones Act, allowing foreign-flagged vessels to transport cargos between US ports.
  • 09/01/2005 -- Valero closes its Premcor acquisition
    Valero Energy Corp. closed its acquisition of Premcor Refining Group Inc. on Sept. 1, making Valero the largest refining company in North America with 18 refineries.
  • 09/01/2005 -- Woodside acquires gulf player Gryphon Exploration
    Woodside Petroleum Ltd. has acquired Gulf of Mexico independent Gryphon Exploration Co., Houston, for $283 million plus assumption of $14 million in debt.
  • 08/30/2005 -- Relief extension sought for 5-b/d wells
    Two associations representing California independent operators asked the US Bureau of Land Management to extend the Stripper Well Royalty Relief Program for wells producing less than 5 b/d of oil.
  • 08/26/2005 -- MARKET WATCH
    Crude futures market explores new highs

    Crude energy prices inched up to new highs Aug. 25, briefly touching $68/bbl in overnight electronic trading in the New York market even as it became evident that slow-moving Tropical Storm Katrina posed no immediate threat to oil and natural gas production in the Gulf of Mexico.
  • 08/25/2005 -- Venezula's Chavez using oil for influence in S. America
    Venezuelan President Hugo Chavez is increasingly using oil to gain influence in South America and to advance his effort to create a regional oil company called Petrosur.
  • 08/25/2005 -- MARKET WATCH
    Crude futures prices hit new highs

    Crude futures prices escalated to record highs Aug. 24 in the forefront of an approaching storm and worries about tight gasoline supplies.
  • 08/24/2005 -- Calvalley appoints Tkachuk to senior position
    Calvalley Petroleum Inc., Calgary, has named David Tkachuk to senior vice-president and managing director of Calvalley's Yemen operations.
  • 08/24/2005 -- MMS seeks comment on next 5-year OCS plan
    The US Minerals Management Service is seeking initial public comment on development of its next 5-year Outer Continental Shelf leasing plan for the Gulf of Mexico.
  • 08/24/2005 -- Indonesia plans 1,200 km natural gas line
    The Indonesian government plans to build a 1,200 km pipeline from natural gas fields in East Kalimantan to Java at a cost of $1.2 billion.
  • 08/24/2005 -- MARKET WATCH
    Crude futures prices inch up as storm strengthens

    Crude futures prices continued to inch up Aug. 23 as traders worried about storms in the Gulf of Mexico and tight supplies.
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