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General Interest 2006 P

  • 02/27/2006 -- FERC extends hurricane-recovery measures
    The US Federal Energy Regulatory Commission has extended its suspension of blanket-certificate rules to help Gulf Coast gas facilities recover from Hurricanes Katrina and Rita.
  • 02/27/2006 -- MARKET WATCH
    Crude prices rise with Saudi Arabia attack

    April crude futures prices jumped during trading Feb. 24 in New York after Saudi security forces foiled a suicide attack at Abqaiq.
  • 02/27/2006 -- Gaz de France, Suez agree to merge
    Gaz de France (GdF) and the energy and environmental services conglomerate Suez, both of Paris, have agreed to merge.
  • 02/28/2006 -- Stinson named Quest Oil president, chief executive
    Quest Oil Corp. Chief Operating Officer William Stinson has been appointed president and chief executive.
  • 02/28/2006 -- Quest Oil agrees to buy Longleaf Production
    Quest Oil Corp. has signed a memorandum to acquire Longleaf Petroleum LLC, L-Texx Production LP, and L-Texx Management LLC of Arlington, Tex., for $6.5 million in stock and cash.
  • 02/28/2006 -- Saudi forces kill suspects in Abqaiq attack
    Saudi security forces Feb. 27 killed five men suspected of involvement in a Feb. 24 terrorist attack on the Abqaiq oil processing plant, the Interior Ministry said (OGJ Online, Feb. 24, 2006).
  • 02/28/2006 -- MARKET WATCH
    Energy prices retreat from last week's spike

    Energy prices fell Feb. 27 in New York, wiping out most of the gains from Feb. 24 when suicide bombers unsuccessfully attacked the Abqaiq production and processing center in Saudi Arabia.
  • 02/28/2006 -- Santos adds 122 million boe to reserves
    Santos Ltd., Adelaide, added 122 million boe to proved oil and gas reserves through exploration, appraisal, revisions, and acquisitions in 2005.
  • 03/01/2006 -- EI, API to work on measurement standards
    The Energy Institute and American Petroleum Institute have signed a memorandum of understanding (MOU) to work together on petroleum measurement standards. The organizations developed the MOU at the Mar. 7-11, 2005, API meeting in Phoenix, Ariz.
  • 03/01/2006 -- Brigham boosts 2006 capital budget 32%
    Brigham Exploration Co., Austin, plans capital expenditures in 2006 of $156.9 million, a 32% increase over 2005.
  • 03/01/2006 -- MARKET WATCH
    Crude futures prices rebound

    Futures prices for crude and products rebounded Feb. 28 as short-covering by some traders triggered technical buy orders by others.
  • 03/02/2006 -- Query targets missing deepwater lease price thresholds
    The US Minerals Management Service is investigating why price thresholds were absent from federal offshore leases covered by deepwater royalty relief during fiscal 1998 and 1999 but has not determined the cause, the MMS deputy director told a House subcommittee Mar. 1.
  • 03/02/2006 -- Canada's Newmex becomes Pearl E&P
    Newmex Minerals Inc., Calgary, changed its name to Pearl Exploration & Production Ltd., reflecting its transition to an oil and gas exploration and development company from a mining company.
  • 03/02/2006 -- Cuba seen pushing oil, gas work close to Florida
    Cuba is moving to develop its offshore oil and gas resources, which would result in development closer to Florida's coast than the US government allows, Rep. John E. Peterson (R-Pa.) warned on Mar. 2.
  • 03/03/2006 -- Domenici to seek ANWR measure in budget bill
    Senate Energy and Natural Resources Committee Chairman Pete V. Domenici (R-NM) confirmed he will press to include Arctic National Wildlife Refuge leasing in this year's budget resolution.
  • 03/03/2006 -- EPA issues mobile-source emissions reduction proposal
    The US Environmental Protection Agency has proposed new mobile source emissions reduction standards targeting benzene levels in gasoline, hydrocarbon emissions from vehicles in cold weather, and evaporative standards for fuel containers.
  • 03/03/2006 -- Daukoru: OPEC sees spare capacity market overlooks
    The Organization of Petroleum Exporting Countries sees 2 million b/d of spare production capacity that the market does not seem to recognize, OPEC Pres. Edmund M. Daukoru said in Washington, DC.
  • 03/03/2006 -- MARKET WATCH
    Supply security issues push up energy prices

    Futures prices for petroleum products jumped to a 4-month high Mar. 2, pulling up other commodities on the New York market.
  • 03/03/2006 -- Geocan approves $30 million capital budget
    Geocan Energy Inc., Calgary, has approved a 2006 capital program that includes $30 million for the drilling of 34 gross wells (30.33 net), land acquisition, 3D and 2D seismic programs, and facilities projects.
  • 03/03/2006 -- Connacher to buy Holly's Montana refinery
    Connacher Oil & Gas Ltd., Calgary, has agreed to buy the 8,000 b/d Montana Refining Co. refinery and other assets in Great Falls, Mont., from Holly Corp., Dallas.

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