04/20/2006
-- Dhir to head Cairn's new Indian business Cairn Energy PLC has appointed Rahul Dhir chief executive officer of its new Indian business, which is scheduled to become public in Bombay in late 2006 or early 2007. The appointment is effective in May.
04/20/2006
-- Venezuela reclaims oil company acreage Venezuela reclaimed more than 27,000 sq km formerly licensed by oil companies last month by requiring them to join new state-controlled joint ventures, El Tiempo newspaper reported.
04/20/2006
-- Ames elected chairman of PTTC Petroleum Technology Transfer Council elected Gene Ames III as its chairman.
04/20/2006
-- Apache to buy BP Gulf of Mexico shelf assets Apache Corp. plans to pay $1.3 billion to acquire BP PLC's interests in 18 oil and gas fields in shallow waters of the Gulf of Mexico. BP operates 11 of the fields.
04/19/2006
-- Quicksilver renames MGV Energy Quicksilver Resources Inc., Fort Worth, changed the name of MGV Energy Inc., Calgary, its wholly-owned Canadian subsidiary, to Quicksilver Resources Canada Inc.
04/19/2006
-- Oilex increases stake in Indian gas field Oilex NL, Perth, has boosted its holdings in the Indian state of Gujarat by acquiring an additional 15% interest in Cambay gas field.
04/19/2006
-- Schumer seeks probe of refining capacity utilization Citing rising gasoline prices, US Sen. Charles E. Schumer (D-NY) suggested that some refiners may be keeping plants off-line as they switch to summer fuel blends to push prices even higher.
04/19/2006
-- Democrats press Bush to act as energy prices increase New Jersey's US senators asked President George W. Bush to initiate dispute proceedings against the Organization of Petroleum Exporting Countries through the World Trade Organization in response to dramatically climbing retail gasoline prices.
04/19/2006
-- Husky Energy acquires oil sands leases Husky Energy Inc., Calgary, acquired 23,680 acres of Alberta oil sands leases adjacent to its Saleski property near Fort McMurray at an Apr. 5 land sale.
04/19/2006
-- KMP buys terminals, storage for ethanol Kinder Morgan Energy Partners LP has acquired two rail terminals and a dry-bulk storage and loading operation from US Development (USD) and A&L Trucking LP in separate transactions totaling $63 million.
04/19/2006
-- Second BP pipe break reported in Alaska A break in a 3-in. natural gas line at BP PLC's Prudhoe Bay production facilities Apr. 6 released about 12 Mcf of gas—less than the amount mandated for reporting, said a company spokesman.
04/18/2006
-- 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.
04/18/2006
-- 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.
04/18/2006
-- Sonoco to buy New York oil terminal Sunoco Logistics Partners LP has signed an agreement with Mobil Pipe Line Co., an affiliate of ExxonMobil Corp., to buy a 50% interest in a products terminal in Syracuse, NY.
04/17/2006
-- Bill Barrett acquires CH4 for $80 million Bill Barrett Corp. has agreed to buy CH4 Corp., a Forth Worth independent producer, for $80 million. The transaction is expected to close in early May.
04/17/2006
-- 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.
