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General Interest 2005 P18

  • 08/23/2005 -- Venezuela offers relief oil to Ecuador
    Venezuelan President Hugo Chávez offered to provide Ecuador oil after protestors disrupted operations by state-owned Petroecuador in the provinces of Orellana and Sucumbios.
  • 08/23/2005 -- China responds to Guangdong price jump
    The Chinese government has taken "urgent measures" to correct problems of oil product supply in Guangdong Province, an official of the National Development and Reform Commission told state media.
  • 08/23/2005 -- Center to study subsurface CO2 storage
    The Scottish Center for Carbon Storage Research has been established in Edinburgh to conduct a 4-year investigation into the storage of carbon dioxide in underground reservoirs.
  • 08/22/2005 -- Plains All American to buy Sempra unit's gas storage
    Plains All American Pipeline LP and Vulcan Capital agreed to pay $250 million to acquire a Sempra Energy subsidiary having two natural gas storage utilities.
  • 08/22/2005 -- MARKET WATCH
    Global turmoil triggers rebound in energy prices

    Energy prices spiked higher on Aug. 19, regaining most of oil futures losses earlier last week on the New York market, as protestors disrupted crude production in Ecuador and Nigeria, and a terrorist rocket attack narrowly missed two US Navy vessels in the port of Aqaba, Jordan, near the borders of both Israel and Saudi Arabia.
  • 08/19/2005 -- SK Corp. consortium named preferred bidder for Incheon refinery
    A South Korean court has chosen a consortium led by SK Corp. as the preferred bidder for the sale of Incheon Oil Refinery Co.
  • 08/19/2005 -- CanWest Petroleum names exploration vice-president
    CanWest Petroleum Corp. has named Errin Kimball vice-president, exploration, for Oilsands Quest Inc. an operating subsidiary of CanWest.
  • 08/19/2005 -- MARKET WATCH
    Energy futures prices are mixed

    Energy prices were mixed but little changed Aug. 18, after plummeting in the previous session as speculators took profits amid signals that high prices are decreasing demand.
  • 08/18/2005 -- MARKET WATCH
    Energy prices plummet as demand falls

    Energy prices plummeted Aug. 18, but not to any bargain levels, as the American Petroleum Institute reported a big drop in US demand during July because of high fuel prices.
  • 08/17/2005 -- MARKET WATCH
    Crude futures prices slip

    Crude futures prices slipped slightly on Aug. 16 as traders anticipated another report this week of a build in commercial US inventories.
  • 08/17/2005 -- Western Australia power station to use gas
    Western Australia has chosen natural gas rather than coal for the state's next baseload electric power station.
  • 08/17/2005 -- ICF: Refining limits crimping fuel supply
    Lack of refinery capacity may become a greater fuel supply problem than availability of crude oil over the next 5-10 years, said ICF Consulting Group Inc., Fairfax, Va.
  • 08/16/2005 -- IEA: Russian oil output rising despite slower growth
    Although the rate of increase has slowed, Russian oil production will rise by 2-3% during 2005-06, the International Energy Agency reported after a visit of its secretariat to Moscow.
  • 08/16/2005 -- MARKET WATCH
    Energy prices slip from record highs

    Energy futures prices dipped from record highs in profit taking Aug. 15 as some of the 14 refineries that had suffered various outages since late July brought some units back online.
  • 08/15/2005 -- MARKET WATCH
    Crude futures top $66/bbl in New York, London markets

    Crude futures prices pushed past $66/bbl to new highs Aug. 12 in both the New York and London markets as international tensions and refinery outages continued to fan trader's fears of supply shortages.
  • 08/12/2005 -- MARKET WATCH
    Energy prices continue climbing

    Energy futures prices continued to escalate to new heights Aug. 11, with increased concerns about Middle East crude supplies and the tightening US gasoline market.
  • 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 -- 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.
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