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General Interest 2006 P

  • Fri Dec 15 17:12:00 CST 2006 -- Gastech: LNG development driving changes in gas markets
    Driven by the rapid development of LNG, gas markets are being transformed from regional into global markets and have been undergoing other major changes, said Total SA Executive Vice-Pres. Yves-Louis Darricarrere at the 2006 Gastech Conference in Abu Dhabi.
  • Fri Dec 15 12:12:00 CST 2006 -- New group looks to develop energy policy recommendations
    Energy consumers and producers, including six oil and gas trade associations, have formed what former US Sen. John Breaux (D-La.) termed "a coalition of coalitions" to develop national energy policy recommendations.
  • Fri Dec 15 12:12:00 CST 2006 -- MARKET WATCH
    OPEC production cut agreement boosts oil prices

    Crude futures prices rose to their highest closing in 2 weeks in the New York market Dec. 14 as the Organization of the Petroleum Exporting Countries agreed to another production cut, down 500,000 b/d to 25.8 million b/d this time, effective Feb. 1.
  • Fri Dec 15 11:12:00 CST 2006 -- Sonoran names Smith president, CFO
    Sonoran Energy Inc., Dallas, has appointed Frank Smith president and chief financial officer.
  • Fri Dec 15 11:12:00 CST 2006 -- Edwards named chairman, Deer Lake Oil & Gas
    Deer Lake Oil & Gas Inc., St. John's, Newf., has appointed James M. Edwards chairman.
  • Thu Dec 14 12:12:00 CST 2006 -- WoodMac: $42 billion will be needed for N. Sea decommissioning
    Companies operating in the North Sea are expected to spend $42 billion on decommissioning infrastructure, Edinburgh-based consultancy Wood Mackenzie Ltd. said Dec. 14 in a new report.
  • Thu Dec 14 12:12:00 CST 2006 -- MARKET WATCH
    Energy prices rise ahead of OPEC production cut

    Energy prices climbed Dec. 13 in the New York market in reaction to drops in US petroleum liquids inventories and in anticipation that OPEC members would agree to another production cut.
  • Thu Dec 14 11:12:00 CST 2006 -- FACTS forecasts two gas-price convergence trends
    Natural gas prices are converging upward, both in conjunction with rising oil prices and across global gas markets, according to a study of gas trends by FACTS Inc, Honolulu.
  • Wed Dec 13 11:12:00 CST 2006 -- MARKET WATCH
    Energy prices continue slide on warm weather news

    Energy prices continued to slip Dec. 12 because of warm weather and market uncertainties about what ministers of the Organization of Petroleum Exporting Countries will do at their Dec. 14 meeting in Nigeria.
  • Wed Dec 13 10:12:00 CST 2006 -- Kazakhstan to decide on Nations' mineral rights by yearend
    Kazakhstan's Energy and Natural Resource Minister Baktykozha Izmukhambetov said the Kazakh government will decide by Dec. 30 whether to seek oil and natural gas rights in that country now held by Canada's Nations Energy Co.
  • Tue Dec 12 16:12:00 CST 2006 -- Exploration Co. names new chairman
    Exploration Co., San Antonio, has elected James E. Sigmon as chairman to succeed Stephen M. Gose Jr., retired after more than 20 years of service.
  • Tue Dec 12 12:12:00 CST 2006 -- Gazprom may buy half of Shell's Sakhalin-2 stake
    Royal Dutch Shell PLC, under stepped-up pressure from the Russian government, is close to making a deal that would allow Russia's OAO Gazprom a stake in the Sakhalin-2 oil and natural gas project.
  • Tue Dec 12 11:12:00 CST 2006 -- MARKET WATCH
    Warm winter melts energy prices

    Energy prices continued to decline Dec. 11, with natural gas for January closing at the lowest level in 6 weeks because of mild weather in the US.
  • Mon Dec 11 16:12:00 CST 2006 -- Senate's OCS bill clears Congress, heads to White House
    Working through the night, the US Senate approved a legislative package including its OCS leasing reform bill early Dec. 9 and sent it to the White House for President George W. Bush's signature.
  • Mon Dec 11 13:12:00 CST 2006 -- MARKET WATCH
    Warmer weather outlook undermines energy prices

    The January crude futures price dropped Dec. 8 in the New York market, wiping out gains from the previous session, on forecasts of mild weather for the coming week.
  • Mon Dec 11 11:12:00 CST 2006 -- Santos to sell US oil and gas assets
    Santos Ltd. reported plans to sell its US oil and gas assets as part of a decision to refocus exploration efforts on Australia, Asia, and the Middle East.
  • Mon Dec 11 11:12:00 CST 2006 -- Kazakhstan voices plans to block CITIC-Nations deal
    Kazakhstan is reportedly planning to block an upcoming deal by Chinese state-owned Citic Group to take over Karazhanbas oil field in the western Kyzylorda region, currently owned by Nations Energy Co. of Calgary.
  • Fri Dec 08 16:12:00 CST 2006 -- US House passes Senate OCS leasing measure in broader bill
    The US House approved the Senate's Outer Continental Shelf leasing legislation on Dec. 8 as part of a larger bill.
  • Fri Dec 08 12:12:00 CST 2006 -- US Senate follows House, approves pipeline safety bill
    The US Senate passed an amended pipeline safety bill by voice vote on Dec. 7, following House passage of the measure 2 days ago on a similarly expedited basis.
  • Fri Dec 08 12:12:00 CST 2006 -- MARKET WATCH
    Crude price increases on OPEC speculation

    The front-month crude futures contract price rose for the first time this week in the New York market after tanker-tracer Oil Movements said Dec. 7 that OPEC apparently has reduced oil production by 800,000 b/d.

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