-- 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.
-- 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.
-- 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.