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General Interest 2006 P

  • 09/20/2006 -- Total acquires stake in Colombia's Niscota Block
    Colombia has awarded Total SA and partners the exploration rights for the 623-sq-km Niscota Block, 180 km northeast of Bogota in the Llanos basin.
  • 09/19/2006 -- Bankers names Christensen exploitation vice-president
    Bankers Petroleum Ltd., Calgary, has added Eugene Christensen to the firm's management team as vice-president, exploitation.
  • 09/19/2006 -- 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.
  • 09/19/2006 -- MARKET WATCH
    Energy prices post slight increase
    Energy prices rebounded Sept. 18 with the front-month crude contract rising in two consecutive trading sessions for the first time this month on the New York market.
  • 09/18/2006 -- 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.
  • 09/18/2006 -- Bolivia's oil minister resigns amid Brazilian conflict
    Bolivia Oil Minister Andres Soliz has resigned in the wake of a disagreement with Brazil's state-run Petroleo Brasileiro SA (Petrobras).
  • 09/18/2006 -- MARKET WATCH
    Energy prices mixed at end of bearish week
    Energy prices were mixed Sept. 15, with the front-month crude contract inching up slightly in the New York market.
  • 09/18/2006 -- Statoil to acquire additional stake in deepwater gulf
    Statoil ASA plans to acquire interest in two Gulf of Mexico deepwater discoveries—Big Foot and Caesar—and one prospect from Plains Exploration & Production Co. for $700 million.
  • 09/15/2006 -- 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.
  • 09/15/2006 -- GeoResources to buy Southern Bay, Chandler
    GeoResources Inc., Williston, ND, plans to acquire Southern Bay Oil & Gas LP, Houston, and Chandler Energy LLC, Denver, for a total $78 million.
  • 09/15/2006 -- BLM names Bisson deputy director of operations
    Alaska state director for the Bureau of Land Management Henri Bisson has been named deputy director of operations at the Department of Interior agency.
  • 09/15/2006 -- Dominion names Gulf of Mexico vice-president
    Dominion Exploration & Production has appointed Richard L. Fowler vice-president and general manager, Gulf of Mexico operations.
  • 09/15/2006 -- 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.
  • 09/14/2006 -- 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.
  • 09/14/2006 -- E.ON Ruhrgas takes step to operate off Norway
    E.ON Ruhrgas Norge AS, Stavanger, has entered an agreement for offshore services as part of its program to qualify as an operator off Norway.
  • 09/14/2006 -- 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.
  • 09/14/2006 -- 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.
  • 09/14/2006 -- 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.
  • 09/14/2006 -- 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.
  • 09/14/2006 -- 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.