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General Interest 2008 P18

  • Wed Mar 12 17:03:00 CDT 2008 -- EPA signs more-stringent air quality standard
    The US Environmental Protection Agency on Mar. 12 signed its most stringent standard for ground-level ozone, revising the standards for the first time in more than a decade.
  • Thu Mar 13 12:03:00 CDT 2008 -- MARKET WATCH: Crude tops $110/bbl as dollar falls
    Crude prices continued soaring to new heights of $110/bbl Mar. 12, with traders shrugging off bearish reports of high inventories as the US dollar fell to historic lows against the euro.
  • Fri Mar 14 00:03:00 CDT 2008 -- House Natural Resources subcommittee eyes federal oil and gas royalty practices
    A House Natural Resources subcommittee will examine recent recommendations to improve the federal oil and gas royalty system Mar. 11 at 10 a.m.
  • Fri Mar 14 00:03:00 CDT 2008 -- NOIA annual meeting's speakers include four federal lawmakers
    The National Ocean Industries Association will hold its 2008 annual meeting Mar. 12-14 at the Ritz-Carlton, 1150 22nd Street NW.
  • Fri Mar 14 11:03:00 CDT 2008 -- Senator offers amendment to remove majors' tax breaks
    A US senator introduced an amendment to the 2009 budget bill that would shift financial incentives from major oil producers to cellulosic ethanol producers and purchasers of plug-in electric drive vehicles.
  • Fri Mar 14 12:03:00 CDT 2008 -- MARKET WATCH: Weak dollar fuels energy price rise
    With traders still clocking the falling value of the US dollar, crude futures prices climbed to new intraday and closing highs in both the New York and London markets.
  • Fri Mar 14 12:03:00 CDT 2008 -- Indonesia looks to replace BP Migas chairman
    Indonesia, seeking to replace Kardaya Warnika as chairman of the country's upstream oil and gas regulator BP Migas, will present three potential candidates for parliament to consider next month.
  • Fri Mar 14 16:03:00 CDT 2008 -- Empa to acquire part of Brazil's Alvorada Petroleo
    Portugal's Teixeira Duarte-Engenharia e Construcoes said its 70% indirectly held company Empa has acquired 33.3% of Brazilian oil E&P company Alvorada Petroleo.
  • Mon Mar 17 10:03:00 CDT 2008 -- IOC has $3 billion for overseas expansion
    India's largest refiner, Indian Oil Corp. (IOC), is ready to spend $3 billion for an overseas oil production firm, preferably in Africa or the Confederation of Independent States (CIS).
  • Mon Mar 17 12:03:00 CDT 2008 -- MARKET WATCH: Crude price dips, ends records run
    Crude futures prices pulled back slightly Mar. 14, ending a string of record intraday or closing highs—usually both—through seven consecutive sessions on the New York Market.
  • Mon Mar 17 16:03:00 CDT 2008 -- Odum to succeed Hofmeister as Shell Oil president
    Shell Oil reported John D. Hofmeister will retire as president effective June 1 and Marvin E. Odum, currently executive vice-president, the Americas, for Shell E&P, will succeed Hofmeister.
  • Tue Mar 18 12:03:00 CDT 2008 -- Worldwide oil, gas transactions total value dips
    The total transaction value for worldwide upstream corporate and asset deals slipped to $154 billion in 2007 compared with $166 billion in 2006, consultants said in an annual report.
  • Tue Mar 18 12:03:00 CDT 2008 -- Nod given for OVL investments in Venezuela, Qatar
    India approved plans by ONGC Videsh Ltd., the overseas investment arm of the state-run ONGC, to invest as much as $458 million in oil and gas projects in Venezuela and Qatar.
  • Tue Mar 18 15:03:00 CDT 2008 -- Gas Storage Europe names new president
    Jean-Marc Leroy, vice-president of large infrastructures at Gaz de France, has been appointed president of Gas Storage Europe (GSE).
  • Tue Mar 18 15:03:00 CDT 2008 -- EU member states' gas use falls 1.5% in 2007
    Natural gas consumption in the 27 member states of the European Union fell 1.5% in 2007 compared with 2006 because of widespread mild weather early in the year.
  • Tue Mar 18 16:03:00 CDT 2008 -- ETP settles CFTC gas markets manipulation charges
    Energy Transfer Partners and three of its subsidiaries agreed to pay a $10 million fine to settle charges that they attempted to manipulate natural gas markets, the US CFTC announced.
  • Wed Mar 19 10:03:00 CDT 2008 -- IOGCC picks former DOE official as executive director
    Carl Michael Smith has been named executive director of the Interstate Oil & Gas Compact Commission, officials announced Mar. 18.
  • Wed Mar 19 12:03:00 CDT 2008 -- MARKET WATCH: Fed cuts rates; energy prices rebound
    Energy prices rebounded Mar. 18 moments after the Federal Reserve Bank again cut its short-term interest rates, this time by three-quarters of a percentage point to 2.25%.
  • Wed Mar 19 15:03:00 CDT 2008 -- API launches renewable fuels credit trading exchange
    API has launched the API Credit Exchange in response to members' requests for help in meeting new federal laws that increase the amount of renewable fuels in gasoline supplies.
  • Thu Mar 20 10:03:00 CDT 2008 -- MARKET WATCH: Crude oil prices plunge
    Oil prices on NYMEX declined sharply Mar. 19 on inventory reports of weakening US oil demand coupled with reports of a strengthening US dollar compared with other currencies.

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