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General Interest 2006 P

  • 03/14/2006 -- Lukoil plans to acquire Chaparral Resources
    OAO Lukoil Overseas Holding Inc. plans to acquire Chaparral Resources Inc., an exploration and development company based in New York with operations in Kazakhstan.
  • 03/14/2006 -- MARKET WATCH
    Cold weather, Iranian worries push up oil prices

    Energy prices shot up Mar. 13 as forecasts of colder weather in the northern US renewed traders' worries about crude exports from Iran.
  • 03/14/2006 -- API warns against mistakes on consolidation
    Congress would repeat past mistakes if it tried to punish the oil and gas industry for consolidations resulting from economic pressures and regulatory requirements, the American Petroleum Institute said Mar. 14.
  • 03/15/2006 -- Syntroleum, Bluewater to form joint venture
    Syntroleum Corp., Tulsa, has signed a letter of intent to form a joint venture with Bluewater Energy Services BV to develop and finance gas-to-liquids plants on offshore floating production, storage, and offloading vessels.
  • 03/15/2006 -- Bingaman seeks to restore energy programs
    Sen. Jeff Bingaman (D-NM) has introduced an amendment to the federal budget resolution that assumes reauthorization of the chemical and toxic waste Superfund tax to help restore federal energy programs that the administration of President George W. Bush wants to cut.
  • 03/16/2006 -- Total makes UK managerial appointments
    Total SA has made two managerial appointments in the UK.
  • 03/16/2006 -- Cairn considers IPO for Indian operations
    Cairn Energy PLC said it is considering an initial public offering of its Indian exploration and production business after confirmation of another hefty upgrade of oil in place in its key Rajasthan acreage.
  • 03/16/2006 -- MARKET WATCH
    Stock build undercuts crude prices

    Energy prices retreated Mar. 15 with crude futures in the US losing much of the gains from the previous session.
  • 03/16/2006 -- Bill would lift state shares of OCS revenue
    Sen. Mary L. Landrieu (D-La.) has introduced a bill that would give Gulf Coast states 50% of federal offshore oil and gas revenue from their portions of the Outer Continental Shelf for hurricane protection, including construction of stronger levees and comprehensive coastal restoration.
  • 03/16/2006 -- Frontier names Eisman executive vice-president
    Frontier Oil Corp. named Paul Eisman executive vice-president of refining and marketing operations. He succeeds W. Reed Williams, who is retiring at the end of March.
  • 03/17/2006 -- Bush nominates Idaho governor Interior Secretary
    US President George W. Bush nominated Idaho Gov. Dirk A. Kempthorne Interior Secretary less than a week after Gale A. Norton announced she was leaving at the end of the month.
  • 03/17/2006 -- Plains LPG acquiring NGL, transport firms
    A Plains All American Pipeline LP subsidiary plans to acquire Andrews Petroleum Inc. and Lone Star Truck Inc. for $205 million.
  • 03/17/2006 -- Extension of pipeline safety act reauthorization urged
    The Interstate Natural Gas Association of America and other industry groups have urged a House subcommittee to consider reauthorizing the Pipeline Safety and Improvement Act of 2002 for 5 years instead of 4.
  • 03/17/2006 -- MARKET WATCH
    Energy prices soar with air assault in Iraq

    Energy prices soared Mar. 16 as US and Iraqi troops launched a major air assault in the center of Iraq.
  • 03/20/2006 -- TCW to acquire CDX for $835 million
    Los Angeles investment management firm TCW and partners will acquire CDX LLC, Dallas, an onshore gas producer and drilling contractor focused on unconventional resources such as coal, shale, and tight sands.
  • 03/20/2006 -- Imperial acquires block in Western Siberia
    A unit of Imperial Energy Corp. PLC has agreed in a government auction to pay $5.25 million to acquire 3,844-sq km Block 80 in the Tomsk region of Western Siberia.
  • 03/20/2006 -- Asian, Mideast demand pushing world's LPG supplies
    Global LPG demand underwent an historic shift in 2000-05 when Asian demand surpassed North American for the first time.
  • 03/21/2006 -- Canada independent names Guatemala office manager
    TrueStar Petroleum Corp., Vancouver, BC, appointed Victor Daniel Aguilar as general manager of TrueStar Guatemala.
  • 03/21/2006 -- Acquisition boosts Transmeridian reserves
    Transmeridian Exploration Inc., Houston, reported 72.9 million bbl of net proved oil reserves as of Dec. 31, 2005, compared with 26.8 million bbl for yearend 2004.
  • 03/22/2006 -- MARKET WATCH
    Energy prices rebound; stocks fall

    Energy futures prices rebounded Mar. 21 as traders' worries about geopolitical threats to supply outweighed their expectations of another weekly build in US crude inventories.

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