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General Interest 2005 P

  • 11/08/2005 -- MARKET WATCH
    Warm weather undercuts crude futures prices
    Futures prices fell for crude and petroleum products Nov. 7, but natural gas futures prices rebounded, wiping out the previous day's loss, despite warm weather that has persisted through the first week of the winter heating season.
  • 11/08/2005 -- 'Flat out' industry faces enormous challenges, SEG told
    Operators and service companies face shortages of manpower, equipment, and services as they try to keep up with rising world oil and gas demand the next few decades, speakers told the Society of Exploration Geophysicists annual meeting in Houston Nov. 7.
  • 11/07/2005 -- Inpex, Teikoku to integrate operations
    Inpex Corp. and Teikoku Oil Co., both of Japan, will integrate their operations starting next year under a joint holding company with a full merger of all three companies slated for June 2008.
  • 11/07/2005 -- IEA: MENA region to play 'critical' role for world's future oil supply
    Industry will need to focus on the "critical" role that will be played by the producing regions in the Middle East and North Africa in order to meet global energy demand to 2030, according to IEA's World Energy Outlook 2005, released Nov. 7.
  • 11/04/2005 -- Quicksilver Resources reports promotions
    William S. Buckler III has been named vice-president, US operations, of Quicksilver Resources Inc. Separately, Quicksilver has promoted Kevin Duncan to operations manager, Fort Worth basin.
  • 11/04/2005 -- Turan Petroleum hires vice-president of exploration
    Turan Petroleum Inc., an independent oil and gas exploration company based in Santa Ana, Calif., has hired Coy Squires as the company's vice-president, exploration.
  • 11/04/2005 -- Vice promoted to president of ICE
    IntercontinentalExchange (ICE) reported that Charles A. Vice, currently chief operating officer of the Atlanta-based electronic global futures and commodity operator, has been promoted to president. Vice will retain his title of while adding expanded responsibilities.
  • 11/04/2005 -- MARKET WATCH
    Energy prices rebound with stronger economic prospects
    Energy prices surged Nov. 3 with crude again topping $61/bbl in New York as buyers took advantage of recent declines in that market.
  • 11/04/2005 -- Senate passes budget bill with ANWR leasing approval
    The US Senate approved budget legislation that includes language authorizing federal oil and gas leasing in the Arctic National Wildlife Refuge by a 52-47 vote Nov. 3.
  • 11/03/2005 -- Forest Oil makes executive changes
    Forest Oil Corp. has named Glen J. Mizenko vice-president of business development. Mizenko currently serves as business development director for the Denver-based independent.
  • 11/03/2005 -- EnCana names Eresman president
    Randall K. Eresman will succeed EnCana Corp.'s founding Pres. and Chief Executive Gwyn Morgan, effective Jan. 1, 2006.
  • 11/03/2005 -- MARKET WATCH
    Energy prices slide to lowest levels in months
    Crude, heating oil, and natural gas futures prices pulled back to the lowest levels in months following a Nov. 2 government report of increased commercial US crude and gasoline inventories.
  • 11/02/2005 -- BLM sees further surge in drilling permit applications
    The Bureau of Land Management has experienced a sharp increase in demand for Rocky Mountain natural gas drilling permits, and the Interior Department agency expects it to continue, its director told a US Senate subcommittee.
  • 11/02/2005 -- FACTS: Asia-Pacific products demand to keep growing
    Asia-Pacific regional demand for petroleum products will continue to grow while supply, despite plans for additional refining capacity, struggles to keep pace, said Fesharaki Associates Consulting & Technical Services Inc. (FACTS) in an October report.
  • 11/02/2005 -- Tax hikes seen likely for UK North Sea oil companies
    The North Sea oil industry should brace for tax hikes from the UK Treasury, given rising oil prices worldwide, said an Ernst & Young LLP tax analyst in Aberdeen.
  • 11/02/2005 -- MARKET WATCH
    Energy futures prices register little movement
    Futures prices for crude and petroleum products stabilized somewhat on Nov. 1 as traders looked for new market signals from weather predictions and supply reports.
  • 11/02/2005 -- Record-high oil, gas prices drive Gulf of Mexico E&P
    Record-high oil and natural gas prices, driven in part by a severe tropical storm cycle in the Gulf of Mexico as well as upcoming lease expirations, are pushing vigorous exploration and production in the gulf, said Jim Handschy, general manager of ConocoPhillips's Gulf Coast upstream business unit.
  • 11/01/2005 -- Kerr-McGee to sell more US properties
    Kerr-McGee Corp. has agreements with multiple parties for the sales of onshore oil and gas properties with gross proceeds expected to be $510 million.
  • 11/01/2005 -- MARKET WATCH
    Crude futures prices hit 3-month low on NYMEX
    For the first time in 3 months, front-month crude futures prices fell below $60/bbl Oct. 31 on the New York market.
  • 11/01/2005 -- Gas summit speakers note changing market patterns
    Soaring prices of natural gas are changing traditional market patterns by breaking up the gas-electricity link and increasing price volatility in LNG trade, speakers said at the 10th Annual International Gas Summit here.
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