General Interest 2006 P

10/27/2006 -- AOPL names Neff to succeed Cooper as president
Shirley Neff, formerly an economist for the US Senate Energy and Natural Resources Committee, will join the Association of Oil Pipe Lines on Nov. 15.
10/27/2006 -- MARKET WATCH
Energy prices fall as traders lock in profits
Energy prices fell Oct. 26 as traders locked in profits from a rally to a 3-week high for crude futures prices in the previous session on the New York market.
10/26/2006 -- China's CITIC Group buys Kazakhstan oil assets
China's CITIC Group will pay $1.9 billion for the oil assets of Canada-based Nations Energy, whose subsidiary JSC Karazhanbasmunai holds the rights until 2020 to develop the Karazhanbas oil and gas field in Mangistau Oblast, Kazakhstan.
10/26/2006 -- MARKET WATCH
Big drop in US energy inventories pushes up prices
Energy prices soared Oct. 25 with front-month crude futures leaping above $61/bbl in the New York market on reports of unexpectedly large declines in US inventories of crude and petroleum products.
10/26/2006 -- Shell platforms siege ended in Niger Delta
Villagers in Nigeria who took over three Royal Dutch Shell PLC oil platforms in the Niger Delta Oct. 25, have agreed to end their siege and allow operations to resume.
10/26/2006 -- Stranded supply eyed for gas-feedstock needs
Innovation with stranded gas resources can help meet the needs of gas-dependent industries, says a new report by Edinburgh consultants Wood Mackenzie.
10/25/2006 -- EnCore to acquire four companies with UK blocks
Encore Oil PLC, London, announced a sales and purchase agreement to acquire four oil and gas companies having blocks in the UK North Sea. The four firms are privately held Virgo Oil & Gas PLC and Virgo Energy Ltd., Nido Petroleum (UK) Ltd., and Grove Energy (UK).
10/25/2006 -- MARKET WATCH
Cold weather raises energy prices
Energy prices rose Oct. 24, led by natural gas and fuel oil, as US forecasts of cold weather triggered speculation of reduced heating oil inventories in the wake of the proposed reduction of crude production by members of the Organization of Petroleum Exporting Countries.
10/24/2006 -- Barndt named R2R Technologies president
R2R Technologies LLC, a startup production company, has appointed Jeff Barndt president.
10/24/2006 -- Louisiana, MMS negotiate settlement in lease sale lawsuit
Louisiana Gov. Kathleen Babineaux Blanco said attorneys for the state have negotiated a settlement in her lawsuit against the US Minerals Management Service, and the settlement would delay Lease Sale 201.
10/24/2006 -- PetroHunter to buy Galaxy's Powder River assets
PetroHunter Energy Corp., Denver, plans to buy Galaxy Energy Corp.'s Powder River basin assets for $45 million in a cash-equity deal.
10/24/2006 -- MARKET WATCH
Energy prices continue to fall
Energy prices fell a second consecutive day after the Organization of Petroleum Exporting Countries announced a 1.2 million b/d production cut to shore up a $20 drop in crude futures prices from a peak above $78/bbl in mid-July.
10/24/2006 -- EC probes Germany's E.On Ruhrgas stake
The Department for the Internal Market at the European Commission has written to the German government seeking information on its alleged "golden share" in E.On Ruhrgas AG, Essen, Germany.
10/24/2006 -- Putin seeks EU energy demand security
Russian President Vladimir Putin has hardened doubts that he'll ratify the Energy Charter on cooperation with Europe, which his country entered 10 years ago.
10/24/2006 -- RIK sale includes first Alabama gas
The US Minerals Management Service has sold 114.8 bcf of natural gas from the Gulf of Mexico in the first royalty-in-kind transaction to include production from offshore Alabama as well as Louisiana and Texas.
10/24/2006 -- Shell's Hofmeister: US needs broad-based energy strategy
Shell Oil Co. Pres. John D. Hofmeister called for a broadly based US energy strategy that pursues every option from increased access to potential oil and gas resources to increasing energy efficiency and developing alternate fuels.
10/23/2006 -- ExxonMobil offers to resolve PTU development dispute
ExxonMobil Corp. proposed to pay the state of Alaska $20 million and to relinquish 20,000 acres to resolve unmet obligations to develop the 106,200 acre Point Thomson Unit (PTU) natural gas and condensate reservoir on Alaska's North Slope.
10/23/2006 -- Woodside subsidiary extends offer for Energy Partners
ATS Inc., a wholly owned subsidiary of Woodside Petroleum Ltd., has extended a deadline for its $880 million tender offer in a takeover bid for Energy Partners Ltd. (EPL) of New Orleans.
10/23/2006 -- Shell offers $7.7 billion (Can.) to buy out Shell Canada
Royal Dutch Shell PLC offered to buy the shares that it does not already own in Shell Canada Ltd. in a move aimed at boosting the parent company's stake in oil sands. Shell currently owns 78% interest in Shell Canada. The group offered $40/share (Can.) or $7.7 billion.
10/23/2006 -- ExxonMobil, CNPC ink Sakhalin-1 gas preaccord
ExxonMobil Corp. has signed a preliminary agreement on principles with China National Petroleum Corp. (CNPC) for the supply of natural gas from the Russian Sakhalin-1 project.

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