General Interest 2005 P

12/02/2005 -- MARKET WATCH
Cold weather drives up energy prices
Energy prices climbed for the second consecutive day with increased projections of colder weather in the northern US.
12/02/2005 -- Bodman urges African nations to adopt 'bedrock principles'
Billions of dollars in venture capital are pouring into energy projects worldwide, US Energy Sec. Samuel W. Bodman said. But it will require commitments to "the bedrock principles" of property rights, contracts, transparency, and the rule of law, and to letting markets run their course for the projects to succeed, he said in remarks to a Washington, DC, conference.
12/02/2005 -- Dominion hires Whiteley for new position
Dominion Exploration & Production Inc. has hired Alison B. Whiteley as managing director, planning and engineering, a new position.
12/01/2005 -- MARKET WATCH
Colder weather, lower inventories drive up energy prices
Energy prices rebounded Nov. 30, recouping most of the previous session's losses.
12/01/2005 -- Oil company chiefs describe roles on energy task force
Responding to a request from US Senate energy leaders, five multinational oil company executives who testified at a Nov. 9 hearing on oil profits said they were not members of Vice-President Dick Cheney's energy policy task force early in 2001.
12/01/2005 -- Increase in energy M&A activity predicted for 2006
Energy merger and acquisition activity likely will rise in 2006, PricewaterhouseCoopers LLP's transactions services group said, noting that energy M&A has retreated from heights reached in the 1990s.
11/29/2005 -- Kerr-McGee completes Tronox share offering
Kerr-McGee Corp., Oklahoma City, closed its initial public offering of Tronox Inc.'s Class A common stock in what the company described as "a significant step" in its transition to a pure-play oil and gas exploration and production company.
11/29/2005 -- Energen Resources to buy Permian basin assets
Energen Resources Corp. has signed an agreement to buy Permian basin oil properties from a private company for $168 million.
11/29/2005 -- Newfield promotes managers to vice-president
Newfield Exploration Co., Houston, has promoted several managers to the position of vice-president.
11/29/2005 -- Flint buys Mackenzie Valley Construction share
Flint Energy Services Ltd., Calgary, has taken a 49% share in Mackenzie Valley Construction Ltd., a subsidiary of Gwich'in Development Corp., Inuvik, NWT, an aboriginal-owned development corporation in the Mackenzie Valley.
11/29/2005 -- Aramco unit sells interest in Greek refiner
Aramco Overseas Co., Dhahran, has completed the sale of its interest in Motor Oil (Hellas) Corinth Refineries SA (MOH) to its partner, Vardinoyannis group member Motor Oil Holdings SA, Athens.
11/28/2005 -- Reef Exploration hires drilling operations manager
Reef Exploration Inc., an independent based in Richardson, Tex., has appointed G.D. Degan Jr. as manager, drilling operations.
11/28/2005 -- MARKET WATCH
Energy prices dipped at week's end
Energy prices declined late last week, ending a 2-day rally for crude futures in the New York market.
11/28/2005 -- ConocoPhillips to purchase German refinery
ConocoPhillips plans to buy a refinery in Wilhelmshaven, Germany, from Louis Dreyfus Energy Holdings Ltd. along with the UK's Louis Dreyfus Refining and Marketing Ltd. Terms were not disclosed.
11/23/2005 -- Calvalley Petroleum makes executive appointments
Calvalley Petroleum has named Donald W. Shepherd as vice-president, engineering and production and Scott Barron as manager, exploration.
11/23/2005 -- Lukoil acquires full ownership of Severtek
Neste Oil Corp. of Finland has sold its 50% stake in Russian oil producer Severtek to OAO Lukoil for $321.5 million.
11/23/2005 -- Stone Energy notes informal reserves inquiry
Stone Energy Corp. said it has been notified that the US Securities and Exchange Commission is conducting an informal inquiry into the Lafayette, La., producer's revised gas reserves.
11/23/2005 -- Boots & Coots acquiring well control unit
Boots & Coots International Well Control Inc., Houston, agreed to acquire hydraulic workover contractor Hydraulic Well Control of Houma, La., a unit of Oil States International Inc., Houston.
11/23/2005 -- Al-Dosari named director of Rabigh project
Saad F. Al-Dosari has been appointed executive director of the Rabigh Development Project, which is converting a 400,000 b/d topping refinery at Rabigh, Saudi Arabia, into an integrated refining and petrochemical complex, effective Nov. 1 (OGJ, Aug. 8, 2005, Newsletter).
11/23/2005 -- MARKET WATCH
Crude oil futures gain for second day
Crude oil futures on the New York market rose more than $1/bbl Nov. 22 as forecasts remained in place for colder weather in the nation's biggest heating oil and natural gas markets.

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