-- GAO: Increase needed in oil spill liability trust fund Although major oil spills do not occur frequently, the federal oil spill liability trust fund should be increased to cover higher cleanup costs, the US Government Accountability Office said in a Sept. 7 report.
-- Firm applies for nuclear plant in Alberta A privately held Canadian power generator has taken the first step toward construction of a nuclear power plant in the heart of Alberta's oil sands region.
-- Kazakhstan, Eni to discuss Kashagan issues Kazakh PM Karim Masimov has invited Eni CEO Paolo Scaroni and EU Energy Commissioner Andris Piebalgs to visit Kazakhstan to discuss issues related to the development of Kashagan oil field.
-- MARKET WATCH: Crude tops $77/bbl in intraday trading The front-month crude contract temporarily jumped above $77/bbl Sept. 6, the highest intraday price level since Aug. 1 in the New York market, as US inventories of oil and gasoline continued to decline.
-- Marubeni buys into Peru liquefaction plant Marubeni Corp. has signed an agreement with SK Energy for Marubeni to acquire 10% interest in the Peru LNG Project's liquefaction plant at Pampa Melchorita, south of Lima.
-- APEC: Growth requires diversified energy mix Foreign and trade ministers at the Asia-Pacific Economic Cooperation Forum Sept. 6 called for ensuring a "diversified mix of energy sources," including nuclear energy.
-- Venezuela state oil firms to pay 'back taxes' Venezuela's tax authority Seniat has received or been promised payments from two state-dominated joint venture firms after imposing large back-tax bills on recently nationalized heavy oil development projects.
-- Ness Energy appoints executive Anthony Allenby has been appointed chairman, president, and chief executive of Ness Energy International Inc., a Weatherford, Tex., independent.
-- Nigeria announces oil, gas industry restructure Nigeria is radically restructuring state-owned Nigeria National Petroleum Corp. and the Nigerian energy sector under a new oil and gas policy that will take 6 months to implement.
-- MARKET WATCH: Markets track Hurricane Felix Oil futures prices rose Sept. 3 in international markets as traders tracked another potentially destructive hurricane in the Caribbean, but trading was sluggish with US markets closed for the Labor Day holiday.
-- ECG acquires Canadian independent, gas prospect Ethanoil & Gas Corp. has acquired a 100% working interest in 115,272 acres in the Torch Lake area of Saskatchewan through its acquisition of 1259529 Alberta Ltd. in an all stock deal.