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General Interest 2007 P19

  • Fri Sep 21 13:09:00 CDT 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.
  • Thu Sep 20 15:09:00 CDT 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.
  • Thu Sep 20 15:09:00 CDT 2007 -- Emond named Winstar senior geologist
    Winstar Resources Ltd., Calgary, with operations in Tunisia, Hungary, and Canada, has named Diane Emond as senior geologist.
  • Thu Sep 20 15:09:00 CDT 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.
  • Thu Sep 20 13:09:00 CDT 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.
  • Thu Sep 20 12:09:00 CDT 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.
  • Thu Sep 20 08:09:00 CDT 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.
  • Wed Sep 19 13:09:00 CDT 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.
  • Wed Sep 19 09:09:00 CDT 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."
  • Wed Sep 19 09:09:00 CDT 2007 -- Franco-Iranian relations cool over nuclear goals
    Franco-Iranian relations appear to have reached a turning point.
  • Tue Sep 18 16:09:00 CDT 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.
  • Tue Sep 18 16:09:00 CDT 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.
  • Tue Sep 18 12:09:00 CDT 2007 -- MARKET WATCH: Crude prices at record high as Fed meets
    The front-month crude contract hit new highs above $80/bbl Sept. 17 on speculation that the US Fed will cut interest rates at least a quarter point at its Sept. 18 meeting.
  • Tue Sep 18 10:09:00 CDT 2007 -- SEC alleges stock fraud by two oil firms, individual
    A federal district judge in Dallas issued a temporary restraining order and asset freeze against two small oil and gas firms and a Los Angeles man in response to SEC allegations of stock manipulation and fraud.
  • Tue Sep 18 10:09:00 CDT 2007 -- Imperial, Tomsk launch joint gas venture
    Imperial Energy Corp. PLC and Tomsk Regional Administration have agreed to establish a joint venture to develop Imperial's potential gas reserves in Russia.
  • Mon Sep 17 15:09:00 CDT 2007 -- Italy, Kazakhstan to meet to resolve Kashagan issues
    Italian Prime Minister Romano Prodi plans to visit Kazakhstan in an effort to resolve a disagreement over delays and cost increases in developing the giant Kashagan oil field.
  • Mon Sep 17 13:09:00 CDT 2007 -- MARKET WATCH: Economy worries pull down record oil price
    Oil futures prices dipped Sept. 14 from an intraday record high above $80/bbl in New York as TS Ingrid dissipated and traders focused on possible demand reductions due to the troubled US economy.
  • Fri Sep 14 16:09:00 CDT 2007 -- Oil supplies expected to remain tight despite OPEC decision
    Oil supplies are expected to remain tight despite OPEC's decision Sept. 11 to increase authorized production by 500,000 b/d starting Nov. 1, two US government forecasters said.
  • Fri Sep 14 10:09:00 CDT 2007 -- MARKET WATCH: NYMEX crude settles above $80/bbl
    The front-month contract for crude closed above $80/bbl for the first time upon news that Hurricane Humberto had disrupted power to three refineries in Port Arthur, Tex.
  • Thu Sep 13 12:09:00 CDT 2007 -- MARKET WATCH: NYMEX crude briefly tops $80/bbl
    The October contract for benchmark US light, sweet crudes briefly reached above $80/bbl during trading on NYMEX Sept. 12 before settling at a record $79.91/bbl.

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