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General Interest 2007 P

  • 11/08/2007 -- US House members trade charges as oil price climbs
    US House Democratic and Republican leaders accused each other of inaction as oil prices climbed toward $100/bbl.
  • 11/08/2007 -- UK government to launch new energy bill
    The UK plans to introduce an energy bill that will aim to deliver secure energy supplies and focus on improving development and decommissioning of oil and gas infrastructure.
  • 11/07/2007 -- Gas plants to aid Utah Natural Buttes growth
    Anadarko Petroleum's midstream unit plans to start up around Dec. 1 the 250 MMcfd Chapita gas processing plant west of Bonanza in giant Natural Buttes gas field in Uintah County in northeastern Utah.
  • 11/07/2007 -- IEA warns of coal's comeback in energy mix by 2030
    China and India are expected to continue using coal as a major source of energy supplies, the IEA warned in a bleak picture looking at energy supply and demand until 2030.
  • 11/07/2007 -- MARKET WATCH: Energy prices briefly top $97/bbl
    Crude prices on the New York Mercantile Exchange briefed touched $97.10/bbl before dropping to settle at a record $96.80/bbl on Nov. 6, largely upon news of an attack upon a Yemen oil pipeline compound earlier in the week.
  • 11/07/2007 -- Midland Oil & Gas appoints chief executive officer
    Midland Oil & Gas Ltd. has appointed Mehmet Arif Yukler as chief executive officer.
  • 11/07/2007 -- ExxonMobil Lubricants appoints president
    ExxonMobil Lubricants & Petroleum Specialties has appointed Alan J. Kelly as president and has elected him a vice-president of the parent company effective Dec. 1.
  • 11/07/2007 -- Former Willbros executive pleads guilty in bribe plot
    DOJ reported that a former executive of a unit of Willbros Group pleaded guilty to conspiring to bribe Nigerian officials with more than $6 million to secure a major gas pipeline construction contract in that country.
  • 11/06/2007 -- Range Fuels breaks ground on cellulosic ethanol plant
    Range Fuels broke ground on what the company is calling the nation's first commercial cellulosic ethanol plant, which is being constructed in Treutlen County, Ga.
  • 11/06/2007 -- MARKET WATCH: Energy prices continue to waffle
    Crude prices fell again Nov. 5, continuing a pattern of up one day, down the next over the last six sessions, as investment funds and other speculators took profits from the market's overall upward trend.
  • 11/06/2007 -- Holly Corp. names president
    Independent refiner Holly Corp., Dallas, has elected David L. Lamp as president.
  • 11/05/2007 -- Gaz de France buys into Alam El Shawish West
    Gaz de France has acquired from Vegas Oil & Gas a 45% stake in the Alam El Shawish West license in Egypt's Abu Gharadig basin. Vegas Oil & Gas remains operator of the 1,075 sq. km license, which is in the Western desert about 250 km southwest of Alexandria.
  • 11/05/2007 -- Kuwaiti oil minister quits after 8 day tenure
    Bader Mishari al-Humaidhi, Kuwait's oil minister, has resigned after only 8 days in office because opposition members of parliament continuously attacked his suitability for the role.
  • 11/05/2007 -- Bingaman says energy bill needs more time
    US Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-NM) said he does not expect to see a reworked 2007 federal energy bill to appear before the Senate takes its Thanksgiving recess.
  • 11/05/2007 -- MARKET WATCH: Oil prices continue to climb
    The front-month crude contract rose to a record closing of nearly $96/bbl Nov. 2 on the New York Mercantile Exchange amid indications of a stronger US economy and possible new United Nations sanctions against Iran over its nuclear power program.
  • 11/05/2007 -- EnCana acquiring Leor Energy's Deep Bossier assets
    EnCana Corp. agreed to acquire all of the Deep Bossier natural gas and land interests of privately owned Leor Energy in Texas for $2.55 billion.
  • 11/02/2007 -- MARKET WATCH: Crude price hits new intraday high
    The front-month crude futures price fell Nov. 1 on the New York market, but not before setting a new intraday price record of $96.24/bbl.
  • 11/02/2007 -- Doubling of oil recovery efficiency seen possible
    A doubling of oil recovery efficiency worldwide is possible through effective use of technology and wise management, according to former head of reservoir management at Saudi Aramco.
  • 11/01/2007 -- Kuwait Energy to buy Ukrainian assets
    Kuwait Energy Co. plans to purchase the Ukrainian assets of Cardinal Resources PLC, London, for $71 million. Sale includes 100% of the share capital of Carpatsky Petroleum Inc., Raget Commercial Ltd., and Mitre Resources Ltd.
  • 11/01/2007 -- Diesel spill in Veracruz sparks threat of Pemex ban
    Mexico's Petroleos Mexicanos (Pemex) has been warned it may no longer be allowed to operate in the state of Veracruz following criticism for its poor response to recent accidents and oil spills.
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