General Interest 2006 P

09/14/2006 -- Saudi oil minister warns of tight refining capacity
Saudi Arabia's oil and gas investments will total some $70 billion during the next 5 years, said Saudi Minister of Petroleum and Mineral Resources Ali I. al-Naimi in a speech in Vienna Sept. 12. Much of that will alleviate constrained refinery capacity.
09/13/2006 -- Endeavour names Transier chairman and CEO
Endeavour International Corp., Houston, has named William L. Transier chairman, chief executive officer, and president. Separately, John N. Seitz has been named vice-chairman of the company.
09/13/2006 -- MARKET WATCH
Crude futures price nears 6-month low on NYMEX
Crude futures prices fell for the seventh consecutive session, dropping below $64/bbl to a near 6-month low Sept. 12 on the New York market.
09/13/2006 -- Whittier 'on track' for record number of wells in 2006
Whittier Energy Corp. reported being "on track" to participate in 46 new wells this year—a record number for the company.
09/12/2006 -- Gas focus in Brazilian licensing draws fire
A new emphasis on natural gas in Brazilian exploration and production licensing drew criticism during a Rio Oil & Gas panel discussion in Rio de Janeiro.
09/12/2006 -- MARKET WATCH
Crude futures price probes lower levels
Energy prices continued to tumble Sept. 11 with crude futures hitting a new 5-month low on the New York market as the Organization of Petroleum Exporting Countries took no action to curb production at its meeting in Vienna.
09/12/2006 -- Alaska approves BP bypass plan
The Regulatory Commission of Alaska granted temporary permits for BP PLC to connect the east side of Prudhoe Bay field to the nearby Endicott pipeline, enabling the restart of 105,000 b/d of oil production.
09/11/2006 -- Total outlines production growth plans
Total AS Chairman and Chief Executive Thierry Desmarest told financial analysts last week that the group could sustain a 4%/year production growth rate during 2005-10 despite the 12% drop registered over the last 18 months and a 5% shortfall expected during the second half of this year.
09/11/2006 -- MARKET WATCH
Crude future price falls 4% in short trading week
Energy prices continued to fall Sept. 8, with crude prices down 4% during an abbreviated week of trading on the New York market after the Sept. 4 Labor Day holiday.
09/11/2006 -- HNR reports increased taxes, interest from Venezuela
Harvest Vinccler, a unit of Harvest Natural Resources Inc. (HNR), received a final $56 million assessment for 2001-04 in additional taxes and related interest from Seniat, Venezuela's tax authority.
09/11/2006 -- EPA proposes revisions to three NSR components
The US Environmental Protection Agency Sept. 8 proposed changes to its New Source Review permitting that were immediately cheered by the oil industry and other and condemned by environmentalists.
09/08/2006 -- Petro-Canada to buy oil sands leases in Alberta
Petro-Canada paid $30 million (Can.) for 13 additional oil sands leases covering 31,232 hectares next to its existing in situ development at MacKay River in Alberta.
09/08/2006 -- Brooks Range names vice-president of land
Brooks Range Petroleum has appointed Jim Winegarner vice-president of land and external affairs.
09/08/2006 -- MARKET WATCH
Crude futures price slips to 5-month low
Energy prices continued to slip Sept. 7, with the near-month crude contract dropping to a new 5-month low near $67/bbl on the New York market after BP PLC said it plans to bring all of the Prudhoe Bay oil field back on production by the end of October.
09/08/2006 -- Louisiana public service commissioner promotes broader state oil tax
Louisiana's outdated system for taxing oil and gas means the state will collect no tax revenues on the new petroleum field discovered off the state's coast, said Louisiana Public Service Commissioner Foster Campbell.
09/07/2006 -- Gaz de France, Maïa Eolis to develop wind energy
Gaz de France and wind energy developer Maïa Eolis, Lyon, France, have formed a 49%-51% joint venture to build and operate wind farms in Europe, with about 50% to be installed in France. The wind farms are being planned to produce as much as 1,000 Mw of wind energy capacity by 2012.
09/07/2006 -- BP employee intimidation allegations arise in House Alaska oil line hearing
Employees within BP Exploration Alaska Inc.'s corrosion and inspection chemicals group may not have reported potential problems in the company's North Slope oil gathering lines because they felt harassed and intimidated, members of a US House subcommittee said on Sept. 7.
09/07/2006 -- SOCO farms out interest in block off Congo
SOCO Exploration & Production Congo (SOCO EPC) has agreed to farm out 18.75% of its interest in the Marine XI Block off Congo (Brazzaville) each to subsidiaries of Lundin Petroleum AB and Raffia Oil Sarl. The interest assignments are subject to government approval.
09/06/2006 -- Anderson to head TransMontaigne GP
TransMontaigne Partners LP, Denver, has appointed Randall J. Larson president and chief executive officer of TransMontaigne GP LLC, its general partner. Larson will continue to serve as chief financial officer for TransMontaigne GP.
09/06/2006 -- MARKET WATCH
Crude futures prices continue to fall
Crude prices continued dropping toward a 3-month low Sept. 5 on the New York market, but the October natural gas contract increased, after falling in the previous three sessions, as Tropical Storm Florence formed in the Atlantic.

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