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General Interest 2006 P5

  • 10/05/2006 -- Enterprise to lay pipeline for Shenzi oil
    Enterprise Products Partners LP has signed definitive agreements with producers to build, own, and operate a pipeline connecting deepwater Shenzi oil and gas field in the Gulf of Mexico with existing systems.
  • 10/12/2006 -- Chevron to build at least three biofuel plants
    A Chevron Corp. subsidiary has agreed to conduct proposal preparation for the development of at least three biofuel production plants for Ethanex Energy Inc., a renewable energy company engaged in low-cost ethanol production.
  • 10/09/2006 -- Chevron, Petronas resolve Chad tax dispute
    Chevron Corp. and Malaysia's state-owned Petronas have resolved a dispute with the government of Chad over the payment of taxes.
  • 10/12/2006 -- MMS: GOM finds extend Lower Tertiary Trend
    Twelve ultradeepwater discoveries in the Gulf of Mexico extend the Lower Tertiary Trend and represent a resource that could produce oil and gas for decades to come, the US Minerals Management Service said on Oct. 10.
  • 10/16/2006 -- Algeria moving forward with oil windfall profits tax
    Algerian Energy Minster Chakib Khelil told reporters in Algiers this weekend that he has received no comment from international oil companies regarding a windfall profits oil tax slated to take effect next year.
  • 10/16/2006 -- Reporting of fixed-price gas deals at issue
    Mandatory reporting of fixed-price gas transactions to the US Federal Energy Regulatory Commission remains an unsettled issue.
  • 10/23/2006 -- ExxonMobil, CNPC ink Sakhalin-1 gas preaccord
    ExxonMobil Corp. has signed a preliminary agreement on principles with China National Petroleum Corp. (CNPC) for the supply of natural gas from the Russian Sakhalin-1 project.
  • 10/17/2006 -- Smolik to head El Paso E&P
    El Paso Corp. has named Brent J. Smolik president of El Paso Exploration & Production Co., effective Nov. 1.
  • 10/12/2006 -- Energy Partners halts plan to buy Stone Energy
    Energy Partners has terminated plans to buy Stone Energy and has agreed to pay Stone $8 million in exchange for Stone's agreeing to release all claims against EPL.
  • 10/09/2006 -- Hess lets contract for Songa drillship off Libya
    Hess Corp. has let a contract to Songa Offshore for the Songa Saturn drillship.
  • 10/23/2006 -- Indonesia's Cepu Block gas production delayed
    Indonesia's Cepu Block is unlikely to start producing gas in 2009 as the government hoped, according to operator ExxonMobil Oil Indonesie (EMOI).
  • 11/29/2006 -- Falcon Gas Storage to build Barnett shale pipeline
    Falcon Gas Storage Co. Inc. plans to build a 63-mile, 24-in. gas pipeline to serve its expanded 16 bcf working capacity Worsham-Steed gas storage facility in the western Barnett shale gas play near Fort Worth, Tex.
  • 11/03/2006 -- Indonesia to reassign Natuna gas block
    Indonesia's Energy and Mineral Resources Minister Purnomo Yusgiantoro said a Cabinet session will be required to decide what to do with the giant Natuna gas block project.
  • 11/08/2006 -- Voters reject Alaska gas reserves tax proposal
    Alaska voters overwhelmingly rejected Ballot Measure 2, a proposal to tax North Slope natural gas reserves until an Alaska gas pipeline is built to deliver gas to the Lower 48.
  • 11/10/2006 -- Nigeria group to use flare gas for electricity
    The Kwale partners' flaring-reduction project will be the first in Nigeria to put associated natural gas to work generating electricity, officials of the International Finance Corp. and World Bank announced Nov. 10. Nigeria currently leads the world in reported flared gas.
  • 11/29/2006 -- Ecuador presidential election troubles oil sector
    The Nov. 26 presidential election in Ecuador of leftist economist Rafael Correa in a landslide victory against right-wing tycoon Alvaro Noboa is sounding alarms in the international oil sector.
  • 11/28/2006 -- Firms win MMS royalty-in-kind oil contracts
    More than 12.7 million bbl of crude oil and condensate from federal leases in the Gulf of Mexico was sold to six companies as part of a royalty-in-kind (RIK) sale, the US Minerals Management Service said.
  • 11/07/2006 -- ConocoPhillips makes senior management changes
    ConocoPhillips has made changes to its exploration and production senior management team, all effective Dec. 1.
  • 11/17/2006 -- Crosstex Energy names Pergason Exec. VP, COO
    Crosstex Energy LP, Dallas, has appointed Robert S. Purgason executive vice-president and chief operating officer, a new position.
  • 11/29/2006 -- Wood to head Murphy's worldwide exploration
    David Wood, in charge of international exploration and production for Murphy Oil Corp., El Dorado, Ark., will become executive vice-president with responsibility for worldwide E&P, effective Jan. 1, 2007.

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