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General Interest 2007 P14

  • Wed Oct 31 11:10:22 CDT 2007 -- NEB: Canadian oil, gas inventories 'adequate' for winter
    Supplies of heating oil and natural gas will be adequate for this winter, Canada's National Energy Board reported.
  • Wed Oct 31 10:10:55 CDT 2007 -- PTTEP confirms $2.9 billion capital budget for Bongkot
    The consortium led by PTTEP confirmed a capital budget of more than $2.94 billion to further develop its offshore Bongkot gas structures.
  • Wed Oct 31 01:10:12 CDT 2007 -- MARKET WATCH: Crude prices fall in profit taking
    Crude prices tumbled Oct. 30, ending a five-session climb to record highs, after Goldman Sachs Group Inc., New York, advised investors to close their long positions in the futures market and take profits from the recent rally.
  • Tue Oct 30 12:10:00 CDT 2007 -- MARKET WATCH: Crude record prices top $93/bbl
    The December contract for benchmark US crudes climbed to record highs above $93/bbl Oct. 29 on the New York market.
  • Mon Oct 29 15:10:00 CDT 2007 -- MARKET WATCH
    Crude futures price continues climbing

    The front-month contract for benchmark US crudes continued to climb, topping $92/bbl in regular trading Oct. 26 on the New York Mercantile Exchange.
  • Mon Oct 29 12:10:00 CDT 2007 -- Venezuela okays Harvest Vinccler's mixed company
    Harvest Vinccler SCA (HVSCA), a unit of Natural Resources Inc., said Venezuelan President Hugo Chavez signed a transfer decree finalizing a long-awaited mixed company.
  • Mon Oct 29 11:10:00 CDT 2007 -- Lundin acquires stake in block off Cambodia
    Lundin Petroleum AB has acquired a 34% interest in 5,559 sq km Block E in the Pattani basin off Cambodia.
  • Mon Oct 29 11:10:00 CDT 2007 -- Sudanese government dismisses threats on oil fields
    The Sudanese government has dismissed threats to attack oil fields made by rebels of the Justice and Equality Movement who claim to have carried out one assault already.
  • Mon Oct 29 10:10:00 CDT 2007 -- UK supply-security study confident about gas imports
    The UK will have sufficient capacity in LNG terminals and natural gas pipelines to receive gas imports in the medium term, but price will determine if gas is sent to the country, a new government report concluded.
  • Fri Oct 26 13:10:00 CDT 2007 -- MARKET WATCH: Crude hits record levels above $90/bbl
    The front-month crude contract jumped to new highs well above $90/bbl Oct. 25 in the New York market as rising political conflict triggered a threat by the speaker of Iraq's parliament to cut off oil exports through Ceyhan, Turkey.
  • Fri Oct 26 12:10:00 CDT 2007 -- MegaWest Energy to acquire land in Montana
    MegaWest Energy USA, an independent focused on heavy oil, has acquired an interest in over 33,000 acres of land in Montana from a group of three private companies.
  • Fri Oct 26 12:10:00 CDT 2007 -- Alberta raises royalty rates but rejects oil sands tax
    Alberta will raise royalty rates on production of oil, gas, and oil sands—but not by as much as a provincial advisory panel recommended last month.
  • Fri Oct 26 11:10:00 CDT 2007 -- BP agrees to record settlement with CFTC, will pay other fines
    BP Products North America has agreed to pay $303 million in fines to settle charges that it manipulated propane markets in February 2004 and April 2003, the US CFTC announced.
  • Thu Oct 25 13:10:00 CDT 2007 -- Gas Summit: Market changes could imperil gas supply, demand
    The accelerating pace of change has brought a new dimension to supply and demand security, said participants at the 12th International Gas Summit in Paris Oct. 17-18.
  • Thu Oct 25 12:10:00 CDT 2007 -- MARKET WATCH: Crude price rebounds above $87/bbl
    The front-month crude futures contract jumped above $87/bbl again Oct. 24 after the US Department of Energy reported unexpected large drops in inventories of crude and petroleum products.
  • Wed Oct 24 12:10:00 CDT 2007 -- BP cuts 350 UK North Sea onshore jobs
    BP PLC said it will reduce the number of onshore staff and contractors working on its UK North Sea operations by 350 to improve efficiency and productivity.
  • Wed Oct 24 12:10:00 CDT 2007 -- CFTC report urges expansion of oversight to exempt markets
    The US Commodity Futures Trading Commission has requested oversight authority over some contracts and products in unregulated electronic trading venues known as exempt commercial markets.
  • Wed Oct 24 12:10:00 CDT 2007 -- MARKET WATCH: Energy prices continue to crumble
    Energy prices continued to crumble Oct. 23 amid indications that OPEC is boosting oil production to meet the Nov. 1 increase of 500,000 b/d that it agreed to Sept. 11 in Vienna.
  • Tue Oct 23 16:10:00 CDT 2007 -- IFP: Oil equipment, services demand growth slows
    Globally, oil field equipment and services have been in tight supply since 2005, but the demand growth rate is beginning to slow and may plateau in 2008, said officials at Institut Francais du Petrole (IFP).
  • Tue Oct 23 15:10:00 CDT 2007 -- Canada's Crescent Point acquires Innova
    Canada's Crescent Point Energy Trust said it has taken effective control of Innova Exploration Ltd.

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