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General Interest 2008 P
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09/12/2008 -- Venezuela's Chavez threatens to halt oil exports to US
Venezuelan President Hugo Chavez, claiming that neighboring Bolivia is the victim of a US plot, has threatened to halt oil exports to the US and ordered its ambassador to leave his country. -
09/12/2008 -- MARKET WATCH: Crude prices fall as Ike threatens Houston area
Despite pending supply reductions via OPEC and Hurricane Ike, energy prices continued falling to yet another 5-month low just over $100/bbl Sept. 11 as traders focused on declining demand. -
09/12/2008 -- BG Group names coalbed methane manager
BG Group PLC has appointed Scott Reeves as global head of coalbed methane. -
09/12/2008 -- Chavez shakes up PDVSA executive suite
In a move that could have implications for Venezuelan oil production, President Hugo Chavez, continues to tweak the leadership alignment within the country's oil and gas industry and in its state firm PDVSA. -
09/12/2008 -- Indonesia makes official its exit from OPEC
OPEC announced that Indonesian government, concerned over the high price for its increasing imports of crude oil, has officially left the group. -
09/12/2008 -- Associations find 'Alaska gap' in DOI's polar bear designation
The American Petroleum Institute said on Sept. 5 that it wasn't questioning the US Department of the Interior's decision to list the polar bear as a threatened species when it filed a motion on Aug. 27 to intervene in a lawsuit challenging the findings. -
09/12/2008 -- Reactions are mixed as BLM issues programmatic EIS for oil shale
The US Bureau of Land Management issued a final programmatic environmental impact statement on Sept. 4 to guide the use of public land containing oil shale and tar sands in three western states. Reactions ranged from applause to expressions of concern. -
09/12/2008 -- Interior IG's probe finds wide range of improper behavior in MMS RIK office
Employees in the US Minerals Management Service's royalty-in-kind office in Denver were paid for outside work, abused drugs and alcohol, and solicited sex, an investigation by the Department of the Interior solicitor general's office found. -
09/11/2008 -- Biofuels gain within fuels mix could be slow, study says
Biofuels could make up 10-15% of the global fuels mix in 20 years, although getting to the level will be more difficult than some might expect, consultant Accenture said in a recent report. -
09/11/2008 -- MARKET WATCH: Energy prices fall as Ike threatens Texas coast
With the US Gulf Coast looking down the throat of a potential Category 3 hurricane by the weekend, oil prices still fell to a new 5-month low Sept. 10. -
09/10/2008 -- Congress members pledge action after oil speculation study
An independent report showing that record amounts of speculative investment drove oil prices to record peaks in 2008 confirms that stronger market regulation is needed, federal lawmakers said. -
09/10/2008 -- IEA cuts 2008, 2009 oil demand forecasts
The IEA has reduced its outlook for 2008 and 2009 oil demand, citing weaker-than-expected oil deliveries in member countries of OECD. -
09/10/2008 -- MARKET WATCH: Energy prices drop; OPEC retains quota
Energy prices fell Sept. 9 before OPEC ministers meeting in Vienna agreed to "strictly comply" with their September 2007 production quota of 28.8 million b/d. -
09/10/2008 -- Marubeni, GDF Suez group to buy Senoko Power
A five-member consortium jointly led by Marubeni and GDF Suez has agreed to buy Singapore's largest power generator, Senoko Power, from government-affiliated Temasek Holdings. -
09/10/2008 -- Libyan explorer Verenex exploring options
Verenex Energy in partnership with Medco International Ventures on several large discoveries in Libya's Ghadames basin, said the Verenex board is exploring alternatives to maximize shareholder value. -
09/09/2008 -- Eni makes offer for First Calgary Petroleums
Italy's Eni SPA offered $923 million (Can.) cash for Calgary-based First Calgary Petroleums Ltd. -
09/09/2008 -- MARKET WATCH: Energy prices inch up as Hurricane Ike approaches
Energy prices inched higher Sept. 8 as Hurricane Ike washed over eastern and central Cuba, diminishing from a Category 3 storm to a Category 1 storm in the process. -
09/09/2008 -- US Congress presses for energy votes by October
Acknowledging that they have less than 3 weeks before the next recess, congressional leaders on both sides of the Capitol said they will bring energy bills up for votes soon. -
09/08/2008 -- EPA approves hurricane-related fuel waivers
Fuel disruptions caused by tropical storms and hurricanes prompted the US EPA to temporarily waive certain federal clean fuel requirements for six counties in Florida until Sept. 15. -
09/08/2008 -- Global E&P investments for 2007 remain flat, study finds
Oil and gas companies' 2007 global investment for E&P projects totaled $402 billion—unchanged from 2006, said the latest annual upstream performance review by IHS Herold and Harrison Lovegrove & Co.
