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General Interest 2007 P
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09/11/2007 -- Parties ready for 'open dialogue' on Kashagan development delay
Kazakh Energy and Mineral Resources Minister Sauat Mynbayev told Eni Chief Executive Paolo Scaroni that economic damage caused by the delay in production at giant Kashagan oil field was unacceptable. -
09/11/2007 -- MARKET WATCH: Mexican attacks boost gas prices; OPEC opens taps
Natural gas futures prices shot up Sept. 10 in the highest single-day percentage gain in 7 months follow reports of sabotage of six pipelines in Mexico. -
09/11/2007 -- 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. -
09/10/2007 -- 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. -
09/07/2007 -- Statoil buys interest in Baltic biodiesel factory
Statoil AS plans to buy a 42.5% stake in UAB Mestilla, a biodiesel producer in the Baltic states, under a letter signed with Scandanavian SEB Venture Capital. -
09/07/2007 -- 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. -
09/07/2007 -- 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. -
09/07/2007 -- 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. -
09/07/2007 -- GDF, Suez merge into major gas distributor, power utility
Gaz de France and Suez reported a merger of equals set to become the largest gas transmission and distribution network operator in Europe. -
09/07/2007 -- FTC chief's letter chills Democrats' 'hot fuels' crusade
US FTC Chairwoman Deborah Platt Majoras has questioned proposed cures for so-called "hot fuels" distortions alleged by some House Democrats, saying the proposed "solution" may be worse than the problem. -
09/07/2007 -- 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. -
09/07/2007 -- Nuke plant shutdown strains Asian markets
The July shutdown of Tokyo Electric Power Co.'s Kashiwazaki-Kariwa nuclear power plant will strain Asian LNG and oil markets. -
09/06/2007 -- MARKET WATCH: Front-month crude hits 5-week high in New York
The front-month crude contract rose to a 5-week high Sept. 5 in the New York market on speculation that US gasoline inventories had fallen due to reductions in refining capacity. -
09/06/2007 -- 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. -
09/05/2007 -- Ness Energy appoints executive
Anthony Allenby has been appointed chairman, president, and chief executive of Ness Energy International Inc., a Weatherford, Tex., independent. -
09/05/2007 -- MARKET WATCH: Energy prices up on hurricane forecast update
Crude oil prices settled above $75/bbl on the New York Mercantile Exchange on Sept. 4 following reports that a US hurricane forecaster expects a busy end to the storm season. -
09/04/2007 -- Kazakhstan warns of extending Kashagan suspension order
The Kazakh government has threatened to extend its suspension order of work at the Kashagan oil field if the Eni-led consortium does not address the operational issues hindering the project. -
09/04/2007 -- 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. -
09/04/2007 -- 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. -
08/30/2007 -- 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.
