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General Interest 2006 P

  • 03/03/2006 -- Western Gas Resources makes vice-president appointments
    Western Gas Resources Inc. made several vice-presidential appointments.
  • 03/06/2006 -- MARKET WATCH
    Energy prices climb ahead of eventful week

    Energy prices continued to climb with crude futures in New York rising to a 3-week high Mar. 3 as traders maneuvered to protect themselves against possible supply disruptions.
  • 03/06/2006 -- Vermilion Rep closes purchase of Esso Rep
    Esso SAF has concluded the sale of its Esso Rep shares to Vermilion Rep, the Calgary affiliate of Vermilion Energy Trust, for $161 million, based on the share value at Jun. 30, 2005 (OGJ Online, Oct. 21, 2005). The deal will be final before the end of the second quarter.
  • 03/07/2006 -- High gas costs have pushed shift in ethylene trade, analyst says
    High gas commodity prices in North America have accelerated a shift in investment strategy by the region's ethylene producers.
  • 03/07/2006 -- Zion Oil & Gas files IPO
    Zion Oil & Gas Inc., Dallas, filed an initial public offering in late January to raise as much as $14 million to attempt to complete an exploratory well in Israel.
  • 03/07/2006 -- New Zealand mulls natural gas importation
    New Zealand is considering the importation of natural gas to make up the shortfall in indigenous supplies as production from long-running mainstay Maui field in offshore Taranaki basin goes into decline.
  • 03/07/2006 -- MARKET WATCH
    Energy prices fall, erasing recent gains

    Energy futures prices fell Mar. 6, virtually wiping out gains from the two previous trading sessions, as traders were reassured of sufficient supplies.
  • 03/07/2006 -- Survey tracks Brazilian oil, gas investment
    Although Brazilian oil and gas operations remain dominated by state-owned Petroleo Brasileiro SA (Petrobras), which plans investments of $49.3 billion during 2006-10, a survey by the Brazilian Petroleum and Gas Institute (IBP) reveals that private companies will invest $17.5 billion in the same period.
  • 03/08/2006 -- EPA queried on producer exemption in storm-water rule
    US Sen. James L. Jeffords (I-Vt.) and five Senate Democrats have raised questions about possible involvement of White House Deputy Chief of Staff Karl C. Rove and the Office of Management and Budget in development of an Environmental Protection Agency proposal affecting oil and gas producers.
  • 03/08/2006 -- MARKET WATCH
    Crude prices fall with no cut in OPEC quota

    Crude prices continued to fall Mar. 7 in anticipation that members of the Organization of Petroleum Exporting Countries would vote to maintain the group's production quota.
  • 03/09/2006 -- Brownell: Gulf disruptions underscore US gas problems
    Continued disruption by Hurricanes Katrina and Rita of natural gas supplies from the Gulf of Mexico illustrates "a problem we have been trying to ignore," says Nora Brownell of the US Federal Energy Regulatory Commission.
  • 03/09/2006 -- Senate committee approves Sale 181 bill; fight looms
    The US Senate Energy and Natural Resources Committee approved a bill to begin oil and gas leasing in the eastern Gulf of Mexico's Sale 181 area.
  • 03/10/2006 -- Gulf Coast senators offer bill to share Sale 181 revenues
    Six US senators from Gulf Coast states introduced Mar. 8 a bipartisan bill to direct a portion of offshore oil and gas revenues from the Gulf of Mexico to Mississippi, Louisiana, Alabama, and Texas.
  • 03/10/2006 -- MARKET WATCH
    Crude, product prices rally

    Futures prices for crude and products rallied Mar. 9, ending a 3-day fall, as traders returned their attention to geopolitical problems that may threaten crude supplies from Iran and Nigeria.
  • 03/10/2006 -- Total appoints Bénézit president of refining, marketing
    Michel Bénézit, director of exploration and production for Northern Europe, has been named president of refining and marketing for Total SA, effective Apr. 1.
  • 03/10/2006 -- Commission proposes EU energy strategy
    European Commissioner for Energy Andris Piebalgs on Mar. 8 released a "major Green Paper" containing the European Union (EU) Commission's "vision for an energy strategy for Europe," at a time when some member countries' national considerations are superseding the EU outlook.
  • 03/13/2006 -- Interior Sec. Norton to leave position
    US Interior Sec. Gale A. Norton will leave her position at the end of March.
  • 03/13/2006 -- Gas hydrate, CO2 injection comments sought
    The two Department of the Interior agencies involved in oil and gas are seeking public comments on two related but separate advanced rulemaking notices designed to promote new forms of production.
  • 03/13/2006 -- JED Oil to acquire affiliate JMG Exploration
    JED Oil Inc., Calgary, has signed a letter of intent to acquire JMG Exploration Inc., an affiliate incorporated in Nevada, with stock.
  • 03/13/2006 -- MARKET WATCH
    Crude prices end week with decline

    Energy prices declined again Mar. 10 in New York, wiping out much of the gains of the previous session's short-lived rally following a 3-day fall.

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