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General Interest 2006 P

  • 01/11/2006 -- MARKET WATCH
    Energy prices continue to fall with warm US weather

    Energy prices continued to decline Jan. 10 as spring-like weather persisted across much of the US.
  • 01/11/2006 -- Lundin sets $310 million E&D budget
    Lundin Petroleum AB, Stockholm, has allocated $310 million for exploration and development spending in 2006.
  • 01/11/2006 -- Ukrainian cabinet dismissed over gas dispute
    The Ukrainian Parliament on Jan. 10 voted to dismiss the cabinet for its handling of a dispute over purchases of Russian natural gas, creating the possibility of a collapse of the government.
  • 01/11/2006 -- API: US completions up 10% in fourth quarter of 2005
    Total well completions in the US increased by 10% in the fourth quarter of 2005 from year-earlier levels, with oil and gas completions up 11% in each category, according to American Petroleum Institute.
  • 01/11/2006 -- Solutions proposed for UK's 'looming energy gap'
    The UK will require supply from all sources of energy if its standard of living is to be sustained, said 150 scientific, technical, economic, and sociological experts who contributed to a report aimed at helping the UK government address a "looming energy gap."
  • 01/12/2006 -- PRB appoints Hataway field operations director
    Billy Ross Hataway has been hired as director of field operations for PRB Gas Transportation Inc. He will manage the company's oil and gas activities, including production and drilling operations, plus regulatory compliance and public relations.
  • 01/12/2006 -- MARKET WATCH
    Iran tensions lift crude futures price to 3-month high

    Crude futures prices hit a 3-month high Jan. 11 in the New York market as traders' concerns about possible political fallout over Iran's nuclear program overrode an early selloff triggered by a bearish government report on US energy stocks.
  • 01/12/2006 -- BLM opens more NPR-A acres to leasing
    The US Department of the Interior announced Jan. 11 approval of a US Bureau of Land Management amendment to the National Petroleum Reserve-Alaska's leasing program, opening 389,000 acres for leasing in NPR-A's northeastern corner.
  • 01/12/2006 -- Husky appoints Peabody chief operating officer
    Robert J. Peabody was hired as chief operating officer, operations and refining, for Husky Oil Operations Ltd.
  • 01/13/2006 -- UK gas storage in subsea salt caverns urged
    UK lawmakers should consider allowing natural gas to be stored in subsea salt caverns, said Sec. of State for Trade and Industry Alan Johnson.
  • 01/13/2006 -- Violence disrupts Shell's Nigerian oil flow
    Royal Dutch Shell PLC declared force majeure concerning oil shipments from Nigeria after the kidnap of several workers and an explosion that ruptured the Trans-Ramos pipeline feeding its Forcados export terminal.
  • 01/13/2006 -- MARKET WATCH
    US gas price sinks to 5-month low

    The crude futures price temporarily topped $65/bbl during trading Jan. 12 on the New York market while the front-month natural gas contract fell to a 5-month low.
  • 01/13/2006 -- Max Petroleum names Whittaker drilling manager
    Max Petroleum PLC, a UK oil and gas exploration and development company with an initial focus in Kazakhstan, has appointed Tim Whittaker as drilling manager.
  • 01/13/2006 -- POSC names president
    Petrotechnical Open Standards Consortium Inc., Houston, named Randy W. Clark as its new president and chief executive officer.
  • 01/16/2006 -- MARKET WATCH
    Energy markets watch Nigerian unrest, Iran

    Energy prices were mixed and little changed in world markets Jan. 13, despite escalating concerns over civil unrest in Nigeria and Iran's nuclear program.
  • 01/16/2006 -- Shell evacuates workers from Nigerian oil facilities
    Royal Dutch Shell PLC evacuated a reported 326 workers from one of its oil facilities in Nigeria on Jan. 15 after 16 people were killed or wounded in an attack by unidentified gunmen.
  • 01/17/2006 -- Riata Energy plans initial public offering
    Riata Energy Inc., Amarillo, registered with the Securities and Exchange Commission regarding a proposed initial public offering.
  • 01/17/2006 -- Allison becomes Arizona state geologist
    M. Lee Allison has been named Arizona state geologist and director of the Arizona Geological Survey.
  • 01/17/2006 -- Husky increases holdings in Jeanne d'Arc basin
    Husky Energy Inc., Calgary, acquired exploration rights for two parcels covering 15,615 hectares in the Jeanne d'Arc basin, 350 km east of St. John's, Newf.
  • 01/17/2006 -- MARKET WATCH
    Supply concerns buoy crude prices

    The February crude futures contract was priced above $65/bbl in early trading Jan. 17 on the New York Mercantile Exchange, fueled by Nigerian outages and uncertainty about Iran's nuclear program.

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