09/24/2007
-- MARKET WATCH: New crude contract breaks string of price increases The new front-month November contract for crude closed below $82/bbl Sept. 21, ending a nearly 2-week string of price increases to new record highs in the New York Mercantile Exchange.
09/24/2007
-- FERC considers revising gas pipeline reporting rules The US Federal Energy Regulatory Commission has proposed revisions to financial forms, statements, and reports it requires interstate natural gas pipelines to submit.
09/21/2007
-- Tethys names exploration vice-president Tethys Petroleum Ltd. has appointed Rosemary Johnson-Sabine as vice-president, exploration. Johnson-Sabine joins Tethys from Maersk Oil & Gas.
09/21/2007
-- US's Rice, UK officials seek Turkmen oil, gas US Sec. of State Condoleezza Rice is to meet Turkmenistan's President Gurbanguly Berdymukhamedov to discuss possible US investment in the Central Asian republic's energy sector.
09/21/2007
-- MARKET WATCH: Oil prices climb as storm strengthens Benchmark US crude prices again soared to new record highs on the New York commodity market Sept. 20 with a possible tropical storm building in the eastern Gulf of Mexico.
09/20/2007
-- Sojitz unit acquires East Texas fields Sojitz Energy Venture has acquired several oil and gas producing properties in East Texas from Ark-La-Tex Energy and partners for about $79 million.
09/20/2007
-- Emond named Winstar senior geologist Winstar Resources Ltd., Calgary, with operations in Tunisia, Hungary, and Canada, has named Diane Emond as senior geologist.
09/20/2007
-- European Commission energy legislation faces opposition With its third legislative package on energy revealed Sept. 19, the European Commission is tackling head-on the nine countries opposed to ownership unbundling.
09/20/2007
-- MARKET WATCH: Crude prices continue to explore new highs The front-month crude futures contract climbed to new highs in the New York market Sept. 19 as US inventories continued to fall amid expectations that the interest rate cut by the Federal Reserve will boost energy demand.
09/20/2007
-- Senate committee begins energy bill discussions After weeks of silence, the Senate Energy and Natural Resources Committee began discussions to reconcile differences between comprehensive energy bills passed by the US House and Senate earlier this year.
09/20/2007
-- UAE's IPIC to purchase 20% of Cosmo Oil The UAE's state-owned International Petroleum Investment Co. will purchase a 20% share in Japanese refiner Cosmo Oil Co. for $775 million.
09/19/2007
-- MARKET WATCH: Crude hits new highs above $82/bbl Front-month crude futures prices jumped to new highs above $82/bbb Sept. 18 on the New York market after the Federal Reserve cut its target interest rate.
09/19/2007
-- Chavez vows to expand gas, oil production Venezuelan President Hugo Chavez said his government is "launching the socialist gas revolution," claiming that Venezuela possesses "80% of South America's gas reserves" and "30% of the gas reserves in the Americas."
09/18/2007
-- Kentucky oil, gas investment scheme a fraud, SEC charges A Kentucky man operated a fraudulent oil and gas investment scheme that raised more than $19 million from 375 investors, the US Securities and Exchange Commission charged on Sept. 13.
09/18/2007
-- Judge tosses California car emissions suit A US District Judge in San Francisco has quashed California's lawsuit against major automakers regarding vehicle emissions.
