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General Interest 2005 P

  • 04/18/2005 -- Cheniere Energy appoints Stan Horton president and CEO
    Cheniere Energy Inc., Houston, appointed Stanley C. Horton president and chief operating officer.
  • 04/18/2005 -- Citgo names Rodríguez president and CEO
    Félix Rodríguez has been named president and CEO of Citgo Petroleum Corp., Houston, replacing Luis Marín.
  • 04/19/2005 -- Russia, Turkmenistan end gas-price stand-off
    Russian natural gas giant OAO Gazprom will resume receiving supplies of natural gas from Turkmenistan after the countries ended a 17-week stand-off over the price.
  • 04/19/2005 -- Oregon operator adds vice-president of operations
    Tom Kerestes has agreed to join the Methane Energy Corp. subsidiary of Torrent Energy Corp., Vancouver, BC, as vice-president operations, effective May 1. Kerestes, a 25-year veteran of the industry, has managed multiple drilling and completion programs for companies such as Gulf Oil, Pennzoil, Beau Canada, Husky Energy, Keywest Energy, Atlas Energy, and Compton Petroleum.
  • 04/19/2005 -- MARKET WATCH
    OPEC may not raise quota as prices keep falling

    Energy commodity prices continued to slip on Apr. 18, to the point where the Organization of Petroleum Exporting Countries may no longer be considering another hike in its production quota.
  • 04/20/2005 -- MARKET WATCH
    Energy prices rise with traders' fears of shortages

    Energy prices shot up again on Apr. 19, as recent refinery outages reminded traders that fuel shortages may still be possible.
  • 04/20/2005 -- Syntroleum, Dorset set stranded-gas venture
    Syntroleum Corp., Tulsa, has created a stranded-gas venture to strengthen its ability to participate in gas-to-liquids and other gas monetization technologies.
  • 04/21/2005 -- Energy competition seen raising tension in 'China Rim' region
    Escalating demand for crude in the China Rim region will outstrip supply over the next 5-50 years and precipitate a crisis of "economic imbalances, energy insecurities, ancient hatreds, and unsettled scores" that could threaten world peace, said researchers at Laguna Research Partners LLC, Irvine, Calif.
  • 04/21/2005 -- MARKET WATCH
    Oil future prices rise slightly on US inventory report

    Crude oil futures prices rose slightly Apr. 21 as energy traders concentrated on reported declines in US crude oil and gasoline inventories.
  • 04/21/2005 -- SOMO: Corruption, oil smuggling damaging Iraqi revenues
    Official corruption, sabotage, and oil smuggling are costing Iraq billions of dollars each year, according to officials from the Oil Ministry and the State Organization for Marketing Oil (SOMO).
  • 04/22/2005 -- House okays energy bill with MTBE measure
    The US House of Representatives on Apr. 21 passed an energy bill that aims to encourage domestic oil and gas exploration by authorizing leasing in the Arctic National Wildlife Refuge Coastal Plain and streamlining federal permitting.
  • 04/25/2005 -- MARKET WATCH
    Energy futures prices staged major rally last week

    From a low-point of $49.66/bbl on Apr. 18, near-month futures prices for benchmark US light, sweet crudes rebounded by more than 11% through Apr. 22 on the New York Mercantile Exchange, the biggest rally in 3 months, according to reports by Bloomberg LP.
  • 04/26/2005 -- Valero Energy agrees to buy Premcor for $8 billion
    Valero Energy Corp. announced plans to buy Premcor Refining Group Inc. and its four refineries for $8 billion. Upon closing, Valero would operate 19 refineries with crude capacity totaling 2.7 million b/cd, according to Oil & Gas Journal's latest Worldwide Refining Survey (OGJ, Dec. 20, 2004, p. 46).
  • 04/26/2005 -- MARKET WATCH
    Energy prices slip in expectation of higher crude stocks

    Energy prices dipped Apr. 25 in expectation that the next report by the Energy Information Administration, to be released Apr. 27, will show another rise in US crude inventories.
  • 04/26/2005 -- Saudi production growth detailed in Paris oil summit
    Large projects recently completed or under way in Saudi Arabia represent production capacity of 3 million b/d of crude oil, the kingdom's energy minister said at an Apr. 21 meeting in Paris.
  • 04/26/2005 -- US senators question ChevronTexaco-Unocal merger
    A group of 10 US senators, led by Charles Schumer, D-NY, asked the US Federal Trade Commission to examine how ChevronTexaco Corp.'s proposed $18 billion acquisition of Unocal Corp. might affect gasoline prices.
  • 04/27/2005 -- MARKET WATCH
    Commodity prices dip ahead of build in US crude stocks

    Energy futures prices continued to decline Apr. 26 in expectation of bigger builds in US crude inventories.
  • 04/27/2005 -- EIA allows daily gas storage revisions
    The US Energy Information Administration announced a policy that provides for daily revisions to the natural gas inventory data it publishes on Thursdays in its Weekly Natural Gas Storage Report.
  • 04/27/2005 -- Constraints noted on US gains in gas production
    US producers expect to continue aggressive natural gas drilling programs this year in response to growing demand and higher commodity prices.
  • 04/27/2005 -- Bush seeks refineries on old military bases
    US President George W. Bush suggested building refineries on closed military bases and called for government agencies to simplify the permitting process for such construction in an Apr. 27 speech to the National Small Business Conference in Washington, DC.

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