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General Interest 2007 P20

  • Thu Sep 13 09:09:00 CDT 2007 -- Hunt buys into Maranon basin Block 102 in Peru
    Hunt Oil has purchased Shona Energy's 43.75% stake in a contract for exploration and exploitation of Block 102 in Peru's Maranon basin, according to state media.
  • Wed Sep 12 15:09:00 CDT 2007 -- Gazprom and TNK-BP postpone Kovykta gas deal
    OAO Gazprom will delay buying from TNK-BP a stake in the Kovykta gas field in Eastern Siberia until Dec. 1 so that it has more time to value the assets.
  • Wed Sep 12 11:09:00 CDT 2007 -- MARKET WATCH: Crude oil futures price sets NYMEX record
    Crude oil futures settlement prices set a record on the New York Mercantile Exchange Sept. 11 despite a decision by members of the Organization of Petroleum Exporting Countries to increase their oil production quotas by 500,000 b/d.
  • Tue Sep 11 16:09:00 CDT 2007 -- Stoneburner to lead Petrohawk's operations
    Richard Stoneburner, Petrohawk Energy Corp.'s executive vice-president, exploration, has been promoted to chief operating officer, effective Oct. 1.
  • Tue Sep 11 16:09:00 CDT 2007 -- Kucinich questions FTC assumption on 'hot fuels'
    Chairman of the US House Oversight and Government Reform Committee's Domestic Policy subcommittee Rep. Dennis J. Kucinich said the subcommittee will continue its inquiry.
  • Tue Sep 11 12:09:00 CDT 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.
  • Tue Sep 11 11:09:00 CDT 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.
  • Mon Sep 10 14:09:00 CDT 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.
  • Fri Sep 07 15:09:00 CDT 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.
  • Fri Sep 07 12:09:00 CDT 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.
  • Fri Sep 07 12:09:00 CDT 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.
  • Fri Sep 07 11:09:00 CDT 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.
  • Fri Sep 07 11:09:00 CDT 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.
  • Fri Sep 07 10:09:00 CDT 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.
  • Fri Sep 07 10:09:00 CDT 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.
  • Fri Sep 07 10:09:00 CDT 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.
  • Wed Sep 05 15:09:00 CDT 2007 -- Ness Energy appoints executive
    Anthony Allenby has been appointed chairman, president, and chief executive of Ness Energy International Inc., a Weatherford, Tex., independent.
  • Wed Sep 05 11:09:00 CDT 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.
  • Tue Sep 04 12:09:00 CDT 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.
  • Tue Sep 04 12:09:00 CDT 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.
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