1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

General Interest 2005 P9

  • 12/15/2005 -- Wentworth Energy buys Utah oil sands leases
    Wentworth Energy Inc., Forth Worth, acquired 1,900 acres of oil sand leases in Utah's Asphalt Ridge oil sands region. The properties are 3.5 miles southwest of Vernal.
  • 12/15/2005 -- Shell's capital budget for 2006 up 27%
    Royal Dutch Shell PLC reported a 2006 capital expenditure budget of $19 billion, a 27% increase over its 2005 budget.
  • 12/14/2005 -- Edge Petroleum increases capital budget 15%
    Edge Petroleum Corp. approved an initial 2006 capital expenditure program of $110 million, a 15% increase over 2005, excluding acquisitions.
  • 12/14/2005 -- Industry, government address MODU reliability issues
    Offshore oil and gas producers and drilling contractors are advancing their work with the federal government to address mooring reliability issues raised by recent Gulf of Mexico hurricanes.
  • 12/14/2005 -- MARKET WATCH
    Natural gas futures price soars to new high

    Natural gas prices leaped to new heights as the front-month contract closed above $15/MMbtu Dec. 13 on the New York Mercantile Exchange.
  • 12/13/2005 -- MARKET WATCH
    Energy prices rebound with cold weather, supply worries

    Crude futures prices jumped Dec. 12 to the highest level in more than a month in the New York market as another winter storm moved toward the Northeast US.
  • 12/13/2005 -- Suez executives swap positions
    Suez LNG NA Pres. and Chief Executive Rick Grant will swap positions with Regional Manager and Chief Executive of Suez Global LNG Clay Harris, who will in turn become president and chief executive of Suez LNG. Both changes are effective in January.
  • 12/13/2005 -- Nexen plans record capital spending in 2006
    Nexen Inc. plans a record $2.9 billion (Can.) in capital projects in 2006 with 45% of it allocated for major development projects. The 2006 plan is $100 million more than the 2005 budget.
  • 12/13/2005 -- World Bank funding up for small investors, renewables, gas
    New figures in the World Bank's extractive industries portfolio show increased financing for small and local investors, renewable and natural gas industry lending, and transparency initiatives to reduce corruption, according to leaders of the multilateral lending institution's oil, gas, mining, and chemicals department.
  • 12/12/2005 -- CERA: Crude production capacity to grow 25% in 10 years
    Not only is the world not running out of oil soon, but widespread development of unconventional resources will boost global crude production capacity by 25% in the next 10 years, a representative of Cambridge Energy Research Associates, an IHS company, told a US House of Representatives subcommittee hearing.
  • 12/12/2005 -- MARKET WATCH
    Energy prices fall in profit-taking before weekend

    Energy prices fell Dec. 9 in profit-taking ahead of the weekend as traders seemed confident about supply in a current US cold snap.
  • 12/09/2005 -- Geocan Energy hires vice-president, exploration
    Geocan Energy Inc., Houston, has named Rick Musial as vice-president, exploration.
  • 12/09/2005 -- Canada independent names Armenia country manager
    Transeuro Energy Corp., Vancouver, BC, has appointed Mike Smith as country asset manager for Armenia.
  • 12/09/2005 -- MARKET WATCH
    Gas futures prices hit record highs

    Natural gas futures prices hit record highs Dec. 8 in the New York market as a storm that dumped as much as 10 in. of snow on Midwest plains roared eastward.
  • 12/09/2005 -- Survey: Global E&P outlays to rise 'materially' in '06
    Worldwide exploration and production expenditures are likely to rise "materially" in 2006, Lehman Bros. said in its annual E&P Spending Survey.
  • 12/09/2005 -- Magor, Manggal join Transeuro in Papua New Guinea
    Transeuro Energy Corp., Vancouver, BC, signed an integrated project management contract with High Arctic Energy Services LLC that retains Phil Magor as country asset manager for Transeuro's exploration of four blocks in Papua New Guinea.
  • 12/08/2005 -- Cohort Energy names Daley president
    Cohort Energy Co., a subsidiary of J-W Operating Co., Addison, Tex., named Gene C. Daley president. Daley succeeds Paul Westerman, who was promoted to chief operating officer.
  • 12/08/2005 -- Barriers seen to industry's use of digital technology
    Oil companies' growing use of digital technologies could boost world oil and gas reserves, but the industry must overcome barriers to gathering, managing, and sharing data, participants agreed at a recent roundtable discussion.
  • 12/08/2005 -- MARKET WATCH
    Crude stock build lowers prices

    Crude prices dropped Dec. 7 on news of a build in US oil inventories and indications that the cold front moving into the US Northwest may not be as severe as predicted.
  • 12/07/2005 -- Lawmakers: US should prepare for global oil flow peak
    While there is disagreement about when world crude oil production will hit its peak, the US should begin preparing for it now, two US House members told an Energy and Commerce subcommittee hearing on Dec. 7.
Related Articles

MARKET WATCH: NYMEX oil drops below $46/bbl, Brent below $50/bbl

08/04/2015 The light, sweet crude oil price for September delivery dropped $1.95 Aug. 3 to settle at well below $46/bbl while the Brent crude oil price for Se...

US LNG export prospects are uncertain, Brookings analyst says

08/04/2015 US LNG export projects face an uncertain future despite continued discoveries and production growth, a Brookings Institution analyst said. “More li...

Rangeland forms new midstream partnership

08/04/2015 Rangeland Energy, Sugar Land, Tex., has received a $300 million equity commitment from EnCap Flatrock Midstream and formed Rangeland Energy III LLC...

Clean Power Plan ignores gas’s potential role, industry groups say

08/03/2015 The Obama administration’s final rule to curb US power plants’ greenhouse gas emissions did not acknowledge natural gas’s potential contributions, ...

KRG to tap oil sales to pay companies

08/03/2015 The Kurdistan Regional Government (KRG) said it will allocate to international oil companies working in the Kurdish region of Iraq some of the reve...

Egypt advances refinery modernization projects

08/03/2015 Egypt has finalized a series of joint agreements with a subsidiary of Technip SA, Paris, to provide work on projects designed to upgrade and modern...

Minister: GAIL ‘running behind schedule’ on three pipeline projects

08/03/2015

India’s minister of petroleum and natural gas says GAIL (India) Ltd. is “running behind schedule” on three pipeline projects.

Devon elects Hager as president, chief executive officer

08/03/2015 Devon Energy Corp. has elected Dave Hager, most recently the company’s chief operating officer, as its president and chief executive officer. Hager...

BG lets contract for seismic survey offshore Honduras

08/03/2015 BG International Ltd. Sucursal Honduras has let a contract to Fugro for an integrated multibeam echosounder survey and seabed coring project offsho...
White Papers

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by
[an error occurred while processing this directive]
Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected