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General Interest 2008 P

  • 09/08/2008 -- MARKET WATCH: Oil prices swing in hurricane winds
    Crude prices dropped below $107/bbl Sept. 5 as mostly unscathed US Gulf Coast oil and gas operations come back on stream following the dissipation of Hurricane Gustav, which also reduced US demand for energy via power outages and other disruptions.
  • 09/07/2008 -- Lucas appoints president, CEO
    Lucas Energy Inc. appointed WA (Bill) Sikora president, chief executive officer, and a member of the board of directors.
  • 09/07/2008 -- Talisman appoints senior vice-president
    Talisman Energy Inc. has appointed James Fraser senior vice-president, eastern division, North American operations, effective Sept. 17.
  • 09/06/2008 -- GDF Suez to acquire NAM assets in Dutch North Sea
    GDF Suez has opened exclusive negotiations with NAM to acquire for €1.075 billion a package of assets located along the Northern Offshore Gas Transport pipeline.
  • 09/05/2008 -- Circle raises funds for Africa, Omani work
    Government owned Libya Oil Holdings has acquired 29.66% and Kaputhing Bank of Iceland acquired 15.61% interest in Circle Oil, raising a total of $58.4 million for the London exploration outfit.
  • 09/05/2008 -- Lundin Petroleum makes management changes
    Lundin Petroleum AB announced management changes as a result of the increasing scope of its operations in Southeast Asia.
  • 09/05/2008 -- MARKET WATCH: Crude prices fall for fifth consecutive session
    Crude prices fell Sept. 4 for the fifth consecutive session as oil and gas operations in the Gulf of Mexico and along the Gulf Coast began coming back on stream.
  • 09/05/2008 -- Cheney expresses US interest in Caspian region
    US Vice-President Dick Cheney met with Azerbaijan's President Ilham Aliyev and later said that the US has a "deep and abiding interest" in the Caspian region's stability and security.
  • 09/05/2008 -- Senate's energy summit is scheduled for Sept. 12
    The US Senate will hold a day-long energy summit on Sept. 12 beginning at 9:30 a.m. in Room G-50 of the Dirksen Office Building. Energy and Natural Resources Committee Chairman Jeff Bingaman (D-NM) will be moderator.
  • 09/04/2008 -- Gazprom, NNPC to establish JV in Nigeria
    OAO Gazprom and Nigerian National Petroleum Corp. plan to form a joint venture for exploration, production, and transportation of oil and gas in Nigeria.
  • 09/04/2008 -- Dudley to resign as TNK-BP top executive
    Robert Dudley will resign as CEO of TNK-BP under an agreement signed by BP and its partners in the Russian firm, Mikhail Fridman, Viktor Vekselberg, and Len Blavatnik, known collectively as AAR.
  • 09/04/2008 -- MARKET WATCH: Crude prices decline as workers return to gulf
    Crude prices closed at a new 5-month low Sept. 3 in the New York market as oil and gas production and processing began coming back on stream after Hurricane Gustav.
  • 09/04/2008 -- Marion boosts stake in Utah, Oklahoma areas
    Marion Energy completed the acquisition from Odyssey Energy of the working interest it didn't own in the Helper field project in Carbon County, Utah, and the Jester and Bloomington field projects in Greer County, Okla.
  • 09/03/2008 -- Brazil, asked to join OPEC, declines
    Iran has invited Brazil to join the Organization of Petroleum Exporting Countries, according to a Brazilian senior government official.
  • 09/03/2008 -- Republican platform's energy, environment planks no surprise
    Republicans adopted a 2008 national campaign platform on Sept. 1 that included a call to "aggressively increase our nation's energy supply in an environmentally responsible way . . . through a comprehensive strategy that meets both short and long-term needs."
  • 09/03/2008 -- MARKET WATCH: Lack of oil, gas disruptions lowers energy prices
    Oil prices dropped to a 5-month low of $105.46/bbl in intraday trading before closing a little under $110/bbl Sept. 2 on indications of little disruption by Hurricane Gustav to oil and gas operations in the gulf.
  • 09/03/2008 -- MARKET WATCH: Lack of supply disruptions lowers energy prices
    Oil prices dropped to a 5-month low of $105.46/bbl in intraday trading before closing a little under $110/bbl Sept. 2 on indications of little disruption by Hurricane Gustav to oil and gas operations in the gulf.
  • 09/03/2008 -- DMV acquires interest in West African permits
    Recently listed DMV International has signed a heads of agreement with unlisted fellow explorer Sphere Petroleum to acquire a 20% interest in four West African permits.
  • 09/02/2008 -- BP, Chesapeake ink $1.9 billion deal for Fayetteville assets
    BP America and Chesapeake Energy Corp. plan to establish a joint venture that will produce 180 MMcfd of gas equivalent from shale assets in Arkansas.
  • 09/02/2008 -- DOE updates storm damage report
    Fourteen Gulf Coast refineries were closed and all Gulf of Mexico oil production was shut in the day after Hurricane Gustav made landfall near Morgan City, La., DOE said in an updated situation report.
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