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General Interest 2007 P
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08/14/2007 -- Watson named Chevron executive vice-president
Chevron Corp. has named John S. Watson executive vice-president, strategy and development, a new position effective Jan. 1, 2008. -
08/14/2007 -- Rex Energy names Ottaviani senior vice-president
Rex Energy Corp. has named William L. Ottaviani senior vice-president of reservoir engineering. -
08/14/2007 -- Petrobras to raise outlays under 5-year plan
Brazil's Petrobras reported plans to spend $112.4 billion under its 2008-12 business plan. -
08/14/2007 -- Industry seeks more time to meet fuel rules
The Western States Petroleum Association on Aug. 13 petitioned the California Air Resources Board for a more reasonable timeframe for meeting new fuel rules approved by the board earlier this summer. -
08/14/2007 -- MARKET WATCH: Crude prices rise as storms threaten gulf
Front-month crude prices gained slightly Aug. 13 as the fourth tropical depression of the 2007 Atlantic hurricane season strengthened overnight into Tropical Storm Dean. -
08/14/2007 -- Iran oil minister replaced, caretaker appointed
Iranian President Mahmoud Ahmadinejad has removed Kazem Vaziri Hamaneh as the country's oil minister and appointed Gholamhossein Nozari as the caretaker until further notice. -
08/13/2007 -- MARKET WATCH: Energy prices mixed as subprime crisis defuses
Energy prices were mixed Aug. 10 amid market worries that US subprime mortgage problems would undermine energy demand. -
08/10/2007 -- MARKET WATCH: Economy problems drop oil prices below $72/bbl
Crude prices dropped below $72/bbl Aug. 9 as central banks around the world injected more cash into the financial system to shore up credit markets. -
08/10/2007 -- New BLM director faces Colorado leasing protests
The US Senate voted to confirm James L. Caswell as US BLM director on Aug. 3 after Sen. Ken Salazar (D-Colo.) removed the hold he had placed on the nomination (OGJ, Aug. 6, 2007, Newsletter). -
08/10/2007 -- Nigeria's president replaces NNPC head
Nigeria President Umaru Yar'Adua has removed Funso Kupolokun, group managing director of Nigeria National Petroleum Corp., from his post. -
08/10/2007 -- Pride to sell Latin American units for $1 billion
Pride International has entered into an agreement to sell its Latin America land drilling and workover and exploration & production businesses to Brazilian private firm GP Investments for $1 billion. -
08/10/2007 -- US House panel considers gasoline tax increase
The US House Transportation and Infrastructure Committee is considering raising the federal gasoline tax to fund repairs of bridges and other infrastructure in the National Highway System. -
08/09/2007 -- EU countries disagree over unbundling issue
Nine EU countries, led by France, have sent a joint letter to the EC disputing the need for integrated energy operators to give up ownership of their transmission networks. -
08/09/2007 -- MARKET WATCH: Crude, product prices decline
Energy prices fell Aug. 8 as traders shrugged off a surprise decline in gasoline inventories and focused instead on market expectations of reduced demand for that fuel. -
08/08/2007 -- Nigeria's president assumes energy minister role
Umaru Yar'Adua, Nigeria's new president, has taken on the responsibilities of energy ministry and has appointed three junior ministers to support him in the role. -
08/08/2007 -- MARKET WATCH: Energy prices rise as traders adjust market positions
Crude prices recovered on Aug. 7 a small portion of the loss from the previous session's 5% plunge as traders covered long positions ahead of a government report on US petroleum inventories. -
08/08/2007 -- Complaints dismissed against Chevron in Ecuador
The US District Court for the Northern District of California dismissed complaints Aug. 3 against Chevron Corp. filed on behalf of three Ecuadorians. -
08/07/2007 -- MARKET WATCH: Economy worries trigger 5% fall in crude price
Less than a week after hitting record-high intraday and closing prices in the New York futures market, the September crude contract fell 5% Aug. 6, back to price levels of early July. -
08/07/2007 -- Toreador sells US assets; will focus on Black Sea
Toreador Resources Corp. has sold all of its US properties for $19.1 million to RTF Realty Inc. of Dallas and plans to focus on its operations in the Black Sea off Turkey. -
08/06/2007 -- US House passes energy legislation amid Republicans' protests
The US House of Representatives passed a pair of energy bills Aug. 4 that Democrats said would greatly accelerate energy efficiency and alternative development efforts.
