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General Interest 2006 P20

  • 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.
  • 09/15/2006 -- 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 -- 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 -- 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.

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