General Interest 2008 P

10/22/2008 -- MARKET WATCH: Uncertain economy pulls down energy prices
Energy prices fell Oct. 21 as weakened earnings and falling corporate stocks shifted traders' attention from pending production cuts at a meeting of OPEC later this week.
10/22/2008 -- Eni, Enel to develop Italy's first CCS project
Italy's Eni and power utility ENEL will integrate their carbon capture and storage projects to construct a pilot plant in Brindisi under a cooperation agreement signed in Rome.
10/22/2008 -- France leads EU Council's Kyoto extension push to 2020
France's National Assembly voted almost unanimously Oct. 21 on the draft law implementing the country's environment package, concluding a widespread debate with all relevant stakeholders over the past year.
10/21/2008 -- Japan, Russia to cooperate on petroleum projects
Japan and Russia have agreed to cooperate on a variety of oil and gas projects, to include exploration, production, processing, and marketing.
10/21/2008 -- MARKET WATCH: OPEC expectations buoy oil prices
Crude prices continued to climb Oct. 20 in the New York market in anticipation that OPEC will reduce production by 1-2 million b/d at its Oct. 24 meeting.
10/21/2008 -- API elects Nichols as chairman
Devon Energy Corp. Chief Executive Officer J. Larry Nichols has became the first independent producer to be named chairman of the American Petroleum Institute.
10/20/2008 -- DOE generates electricity from producing well's hot water
Electricity has been generated successfully from a producing oil well's geothermal hot water for the first time, reported the US Department of Energy's Fossil Fuel Office on Oct. 18.
10/20/2008 -- Pertamina under increased parliamentary scrutiny
Indonesia's state-owned PT Pertamina has come under increased parliamentary scrutiny for further alleged irregularities in its importation of foreign oil products.
10/20/2008 -- MARKET WATCH: Crude price rebounds pending OPEC meeting
Energy prices continued to waffle with the front-month benchmark US crudes contract rebounding above $71/bbl Oct. 17 in anticipation that OPEC will cut production at its Oct. 24 meeting in Vienna.
10/18/2008 -- US replaced more than twice 2007 gas used
The US replaced more oil reserves than the country used in 2007 and added more than twice the amount of gas used that year, the US Energy Information Administration said Oct. 17.
10/17/2008 -- MARKET WATCH: Crude price falls below $70/bbl to 14-month low
Energy prices continued to tumble Oct. 16 with oil falling below $70/bbl for first time since August 2007 following a report of unexpected large builds in US inventories of oil and gasoline.
10/17/2008 -- FACTS: Iran needs South Pars timely completions to avoid crisis
Iran's natural gas production from South Pars gas field Phases 6, 7, 8, and 9 could prevent another massive energy crisis in Iran this winter, according to Siamak Adibi in a September FACTS report.
10/17/2008 -- EU group plans hydrogen, fuel cell rollout by 2020
A coalition of the EU, European industry, and the European research community together invest nearly €1 billion over 6 years in fuel cells and hydrogen research, among other programs.
10/17/2008 -- Four firms buy 76 Bcf of federal gas in latest royalty-in-kind sale
Four companies submitted winning bids as more than 76 billion cubic feet of natural gas was sold under the federal royalty-in-kind program, the US Minerals Management Service said on Oct. 9.
10/17/2008 -- BLM expects no long-term impacts from Devon's planned seismic survey
An environmental analysis has determined that no long-term impacts will result from Devon Energy Corp.'s proposed seismic survey of about 25 square miles of land near Rock Springs, Wyo., the US Bureau of Land Management said on Oct. 15.
10/17/2008 -- A politically audacious idea in an uncertain economic time
The full-page advertisement in the Oct. 9 Washington Post initially stood out because it was not for a major bank saying how much it appreciated its depositors. "The Unshaken Pillar" made an important point, however.
10/17/2008 -- Actual temperature compensation equipment costs remain unclear, GAO says
The costs of requiring gasoline retailers to install equipment to compensate for temperature changes remain unclear despite decades of debate within the US weights and measures community, the US Government Accountability Office said.
10/16/2008 -- MARKET WATCH: Crude prices fall below $75/bbl
Energy prices continued to tumble Oct. 15 with crude falling below $75/bbl to its lowest level in more than a year, pulled down by the heavy sell-off in the equities market.
10/15/2008 -- MARKET WATCH: Falling demand pulls down energy prices
Having escalated Oct. 13 as US and European governments moved to revive a shaky economy, energy prices fell Oct. 14, wiping out most of the previous session's gain.
10/15/2008 -- Eurogas challenges EU Energy Council issues
Eurogas has expressed some reserve about "the three major political issues" on the agenda of the EU Energy Council Oct. 10 in Luxembourg.

Home

General Interest

Exploration & Development

Drilling & Production

Processing

Transportation

Home

2008

General Interest 2008 P