-- NGSA, INGAA concur on blanket certificate proposals US natural gas producers and pipelines have worked out the minor differences between their proposals to improve blanket certificate procedures, the Natural Gas Supply Association and the Interstate Natural Gas Association of America jointly announced Sept. 19.
-- Putin: Russia to boost oil exports to Asia-Pacific Russian President Vladimir Putin said a much greater percentage of his country's oil exports will be heading to Asia and the Pacific in the next decade as part of a strategy of diversified marketing aimed at creating energy security for producing countries.
-- MARKET WATCH Gas futures price drops below $5/MMbtu The natural gas futures price fell below $5/MMbtu Sept. 14 to the lowest level in 2 years in New York market after the US Energy Information Administration reported a large leap in US gas storage.
-- SEC, former Willbros supervisor settle foreign bribery charges The US Securities and Exchange Commission said it reached an agreement on Sept. 14 with Jim Bob Brown, who formerly worked for a Willbros Group Inc. subsidiary, to settle charges that he violated antibribery provisions of the Foreign Corrupt Practices Act.
-- Burton: Confusion may have led to price threshold omission Confusion over where to place a price threshold in the final rule may have led to its omission in federal deepwater leases in 1998 and 1999, US Minerals Management Service Director Johnnie Burton told a US House committee Sept. 14.
-- Petrobras critical of Bolivia's hydrocarbon decree Brazil's state-owned Petroleo Brasileiro SA (Petrobras) has issued a statement vehemently criticizing Bolivia's Sept. 13 decree that consolidates state ownership of hydrocarbons sold in Bolivia's internal market.
-- MARKET WATCH Crude prices end 8-day retreat in New York market Crude futures prices inched higher Sept. 13, capping a plunge over the 8 previous trading sessions to near a 6-month low in the New York market, after officials reported the biggest drop in commercial US crude inventories in 2 months.
-- CNR to buy Anadarko Canada in $4.24 billion deal Canadian Natural Resources Ltd. plans to buy Anadarko Canada Corp. (ACC) for $4.24 billion. Anadarko is keeping its interests in the Mackenzie Delta and other Canadian arctic frontier properties.
-- Aramco head says technology key to boosting reserves For the oil industry to continue meeting its long-term responsibility of providing energy to the world economies, it needs to continue to identify new oil fields, said Saudi Aramco Pres. and Chief Executive Abdallah S. Jum'ah.
-- Interior lashed in hearing on price-threshold omissions Omission of price thresholds from federal deepwater Gulf of Mexico leases issued in 1998 and 1999 and subsequent inaction likely resulted from "bureaucratic bungling," the US Department of the Interior's inspector general (IG) told a congressional subcommittee on Sept. 13.