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General Interest 2006 P

  • Thu Apr 06 11:04:00 CDT 2006 -- MARKET WATCH
    Crude price up; US gasoline inventories down

    Crude futures prices in New York reached above $67/bbl Apr. 5 after the US Energy Information Administration reported that gasoline inventories fell by 4.4 million bbl for the week ended Mar. 31.
  • Fri Apr 07 11:04:00 CDT 2006 -- Specter, Kohl introduce antitrust reform bill
    Senate Judiciary Committee leaders and members introduced an antitrust reform bill Apr. 6 that is directed at US oil and gas companies and overseas producers.
  • Fri Apr 07 11:04:00 CDT 2006 -- MARKET WATCH
    Oil futures prices reach above $67/bbl

    Oil futures prices sustained levels above $67/bbl Apr. 6 in New York markets.
  • Fri Apr 07 11:04:00 CDT 2006 -- Lyondell-Citgo explores refinery sale
    Lyondell Chemical Co. and Citgo Petroleum Corp. agreed to explore the sale of their Lyondell-Citgo Refining LP partnership operating a 268,000 b/d refinery in Houston.
  • Mon Apr 10 10:04:00 CDT 2006 -- Governor to weaken Virginia's OCS leasing initiative
    Virginia Gov. Timothy M. Kaine plans to amend a bill passed by the commonwealth's general assembly that would have supported lifting a moratorium on natural gas leasing and development on the Outer Continental Shelf from 2007 through 2012.
  • Mon Apr 10 11:04:00 CDT 2006 -- MARKET WATCH
    Energy prices retreat after OPEC statement

    Energy prices retreated Apr. 7 after Edmund Daukoru, president of the Organization of Petroleum Exporting Countries, said his group is unlikely to cut production.
  • Tue Apr 11 09:04:00 CDT 2006 -- Ecuador passes 'extraordinary profit' tax
    Ecuador's Congress has passed the controversial 60% tax on "extraordinary profits" of foreign oil companies.
  • Tue Apr 11 10:04:00 CDT 2006 -- Micron Enviro acquires oil sands leases
    Micron Enviro Systems Inc., Vancouver, BC, has acquired three Alberta oil sands leases on four sections covering 2,500 acres in the Athabasca oil sands region. The purchase amount was not disclosed.
  • Tue Apr 11 11:04:00 CDT 2006 -- NPRA faults Senate antitrust reform bill
    An antitrust reform bill that US Senate Judiciary Committee Chairman Arlen Specter (R-Pa.) and other senators introduced last week is based on incorrect assumptions and would do substantial harm to US refiners, the National Petrochemical & Refiners Association said Apr. 10.
  • Tue Apr 11 11:04:00 CDT 2006 -- MARKET WATCH
    May crude tops $68/bbl on NYMEX

    May crude futures prices shot above $68/bbl Apr. 10 to the highest level on the New York market in 8 months.
  • Tue Apr 11 11:04:00 CDT 2006 -- Groups urge MMS to expand 5-year OCS lease sale plan
    Six oil and gas associations have asked the US Minerals Management Service to expand Outer Continental Shelf lease sale areas beyond those listed in the proposed 5-year program.
  • Wed Apr 12 10:04:00 CDT 2006 -- Houston Exploration sells gulf assets
    Houston Exploration Co. has agreed to sell almost all of the Louisiana portion of its Gulf of Mexico assets to a private investor for $590 million in cash.
  • Wed Apr 12 11:04:00 CDT 2006 -- MARKET WATCH
    May crude temporarily tops $69/bbl

    The May crude contract briefly pushed past $69/bbl on the New York market Apr. 11 as Iran announced it successfully began enriching uranium.
  • Wed Apr 12 11:04:00 CDT 2006 -- OPEC officials note demand security concern
    Oil exporters worry as much about demand security as consuming nations do about security of supply.
  • Thu Apr 13 11:04:00 CDT 2006 -- MARKET WATCH
    Increased crude inventory pushes price down

    Crude futures prices dipped Apr. 12 with a jump in US crude inventories, but petroleum products prices continued to climb in the New York market.
  • Mon Apr 17 10:04:00 CDT 2006 -- Pogo Producing to buy Latigo Petroleum
    Pogo Producing Co., Houston, signed a definitive agreement to acquire private Latigo Petroleum Inc., Tulsa, for $750 million. Closing is expected by May 31.
  • Mon Apr 17 15:04:00 CDT 2006 -- Access Exploration appoints vice-president, land
    Access Exploration Corp., Houston, has appointed Alan H. Morgan as vice-president, land.
  • Tue Apr 18 10:04:00 CDT 2006 -- MMS requires more OCS incident reporting
    The US Minerals Management Service has published a rule that will require oil, gas, and other producers working on the Outer Continental Shelf to report more operating incidents than they have until now.
  • Tue Apr 18 10:04:00 CDT 2006 -- Taghmen Energy acquiring Colombian producer
    Taghmen Energy PLC, a London independent oil and gas company focused on Latin America, agreed to buy Petroleos del Norte SA (PDN) of Colombia for $32 million.
  • Tue Apr 18 11:04:00 CDT 2006 -- MARKET WATCH
    Crude, gas futures prices rebound

    The crude futures price pushed past $70/bbl to a record high closing for a front-month contract Apr. 17 in New York.

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