General Interest 2006 P

11/15/2006 -- DOI to assemble royalty policies review panel
The US Department of the Interior is forming an independent panel to examine royalty policies and procedures on federal and Indian lands, the federal department announced on Nov. 14.
11/15/2006 -- EIA: Greenhouse gas emissions up, but growth rate declines
While volumes of greenhouse gases emitted in the US are rising, the rate of increase and amounts emitted in relation to economic growth are falling.
11/15/2006 -- MARKET WATCH
Crude prices continue downward spiral
Near-month crude futures price climbed briefly to $59.15/bbl Nov. 14 on the New York market before continuing a 3-day downward spiral amid mild weather in the Northeastern US.
11/15/2006 -- Gazprom to sell gas directly to Italian consumers
Eni SPA signed a new gas distribution agreement with Russia's OAO Gazprom, enabling the Russian state-controlled gas giant to sell gas directly to Italian consumers. Previously, Eni distributed Russian gas.
11/15/2006 -- Total appoints Darricarrère president, E&P
Total SA has appointed Yves-Louis Darricarrère president, exploration and production.
11/15/2006 -- Baltimore marketer settles EPA tank charges
Carroll Independent Fuel Co. reached a consent agreement with the US Environmental Protection Agency Nov. 14 in which the Baltimore-based heating oil, gasoline, and products distributor agreed to pay a $284,156 civil penalty and complete a special environmental project at 32 of its facilities in Maryland.
11/14/2006 -- DOI completes first Colorado oil shale projects' EIS
The US Department of the Interior found no significant negative impact from five planned oil shale research, development, and demonstration (RD&D) projects in Colorado's Piceance basin.
11/14/2006 -- UK shifts Darling to cabinet-level energy job
UK Sec. of State Alistair Darling, who leads the UK Department for Trade and Industry, will assume responsibility for energy in a reorganization that gives energy cabinet-level status for the first time in more than a decade.
11/14/2006 -- Devon to divest Egyptian assets
Devon Energy Corp. intends to sell its Egyptian oil and gas assets and terminate its operations there.
11/13/2006 -- Dana Gas to acquire Centurion Energy
Private gas company Dana Gas PJSC of Sharjah, UAE, will acquire Centurion Energy International Inc., Calgary, for $1.15 billion (Can.), or $12/share.
11/13/2006 -- Newfield names Van Horn senior vice-president
Michael D. Van Horn has been appointed senior vice-president, exploration, of Newfield Exploration Co., Houston. Van Horn succeeds Newfield's executive vice-president, exploration, Elliott Pew, who will retire at the end of the year.
11/13/2006 -- BHP-led group to buy Anadarko's Genghis Khan project
A group led by BHP Billiton agreed to buy Anadarko Petroleum Corp.'s Genghis Khan oil and gas development in the deepwater Gulf of Mexico for $1.35 billion, Anadarko reported.
11/13/2006 -- MARKET WATCH
Energy futures prices drop on IEA report
Prices for the energy complex declined Nov. 10 on the New York futures market. The retreat came after crude oil prices jumped above $61/bbl on Nov. 9—the front month's highest level in 2 weeks.
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.
11/10/2006 -- El Paso to acquire more South Texas production
El Paso Corp.'s wholly owned subsidiary El Paso Exploration & Production Co. agreed to acquire producing properties and undeveloped acreage in Zapata County, Tex., for $255 million.
11/10/2006 -- IEA: Fossil energy to dominate market through 2030
Fossil fuels will dominate the energy market through 2030 as oil's share slips to 33% from 35%, according to the International Energy Agency's World Energy Outlook 2006.
11/10/2006 -- Elections jostle the outlook for US energy issues
Energy remains firmly on the national agenda following Nov. 7 congressional elections in which Republicans received what US President George W. Bush described as "a thumpin'."
11/10/2006 -- MARKET WATCH
Natural gas prices jump as storage falls
Energy futures prices were up across the board Nov. 9 in New York as natural gas reached its highest price in more than 3 months and the crude price settled at its highest level in 2 weeks.
11/09/2006 -- BLM to hold drilling permit pilot hearings
The US Bureau of Land Management will hold two public "listening sessions" Nov. 14 in Denver on the pilot program to improve federal oil and gas permit coordination.
11/09/2006 -- MARKET WATCH
Oil prices rise as US distillate stocks fall
Energy prices rose Nov. 8 in the New York market as US distillate stocks fell for the fifth straight week.

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