-- API's new chairman is Devon Energy's J. Larry Nichols Devon Energy Corp. chief executive J. Larry Nichols became the first independent producer to be named chairman of the American Petroleum Institute on Oct. 20 at API's annual meeting in Scottsdale, Ariz.
-- Tengizchevroil to start oil shipments on BTC line BP Azerbaijan, partially confirming earlier reports, announced that the Chevron-led Tengizchevroil consortium plans to start oil shipments this month via the Baku-Tbilisi-Ceyhan pipeline.
-- MARKET WATCH: Oil prices continue to tumble Oil prices continued to tumble Oct. 9, pulled down by a loss of more than 20% in equity markets over the last seven trading sessions, as OPEC called an emergency meeting Nov. 18 in Vienna.
-- ConocoPhillips makes management changes ConocoPhillips made several senior management changes.
John Carrig, currently executive vice-president, finance, and chief financial officer, will become president and chief operating officer.
-- Harding buys Texas assets, sells to Chesapeake Harding Energy Partners LLC (HEP), Dallas, reported that it acquired all core Barnett shale assets held by DDJET Ltd. LLP and subsequently sold the holdings to Chesapeake Energy Corp.
-- MARKET WATCH: Economic worries pull down energy prices The front-month crude contract approached $110/bbl during intraday trading Sept. 24 in the New York futures market but finished down for the day due to economic uncertainties and concerns about decreased demand.
-- Militants attack Nigerian oil, gas installations Shell has suffered an explosive attack on its Alakiri flow station, gas plant, and field logistics base southwest of Port Harcourt by a militant group that has warned it will burn them to the ground.