General Interest 2008 P

12/10/2008 -- Deloitte: Oil executives show support for alternative fuels
Most senior oil and gas professionals participating in a recent survey said they are thinking increasingly about how their companies can participate in a US transition to renewable energy and alternative fuels.
12/09/2008 -- IEA: Energy security to come from mitigaing climate change
The global economic slowdown cannot distract policymakers worldwide from progressing on climate change mitigation efforts through international accords and related national energy policies, IEA said.
12/09/2008 -- IEA: Energy security to come from mitigating climate change
The global economic slowdown cannot distract policymakers worldwide from progressing on climate change mitigation efforts through international accords and related national energy policies, IEA said.
12/09/2008 -- Report outlines issues with Iraqi energy security, systems
While Iraq's oil industry will continue to face problems with security in 2009, the country's crumbling infrastructure is more likely to disrupt its crude exports, according to a report by the London-based Exclusive Analysis.
12/09/2008 -- MMS chief hopes Obama, Congress won't reinstate OCS bans
Acknowledging that he will have no direct influence after Jan. 20, 2009, US MMS Director Randall B. Luthi said he hopes the Obama administration and Congress seriously consider expanded opportunities on the OCS.
12/09/2008 -- MARKET WATCH: Oil prices rebound before OPEC meeting
Crude oil futures prices rebounded Dec. 8 from the previous trading session's 4-year lows on NYMEX.
12/08/2008 -- Berry Petroleum sets $100 million budget for 2009
Berry Petroleum Co. set a 2009 capital budget of $100 million, down from the $295 million capital budget for 2008 that Berry announced last year.
12/08/2008 -- Petrobras delays strategic plan; receives investment offers
Brazil's Petroleo Brasilerio SA (Petrobras) continues to review its 2009-13 strategic plan, with no deliberation taking place yet at the board level, according to an official report.
12/08/2008 -- Study lists benefits to tapping off-limit US resources
Development of US oil and gas resources that Congress has kept off-limits for decades could generate more than $1.7 trillion of government revenue, a new study suggested.
12/08/2008 -- MARKET WATCH: Oil futures prices mark 6-day decline
Oil futures prices dipped to 4-year lows on NYMEX Dec. 5 as the Department of Labor reported that 533,000 people lost their jobs in November and that the unemployment rate soared to 6.7%—a 15-year high.
12/07/2008 -- TAQA Bratani completes UK North Sea asset aquisition
TAQA Bratani, a wholly owned subsidiary of Abu Dhabi National Energy, has completed the $631 million purchase of assets in the UK North Sea from Shell UK and ExxonMobil.
12/06/2008 -- EU, Egypt sign energy cooperation agreement
The European Commission and Egypt's foreign affairs minister, Ahmed Aboul Gheit, signed a memorandum of understanding Dec. 2 to enhance energy cooperation between Egypt and the European Union.
12/06/2008 -- Showa Shell Seikyu looks to solar power
Showa Shell Sekiyu KK expects alternative energy to become increasingly important in Japan and as such is ramping up its solar power efforts, according to Pres. Jun Arai.
12/05/2008 -- Nippon Oil seeks $10-20 billion investment in Iraq
Nippon Oil Exploration is holding discussions with Iraq for investments totaling $10-20 billion that are to include exploration and construction of a 300,000 b/d refinery.
12/05/2008 -- MARKET WATCH: Natural gas, oil prices continue to fall
Despite forecasts of colder weather, natural gas prices fell 5.2% in the New York market Dec. 4 following the report of a smaller-than-expected withdrawal from US underground storage.
12/05/2008 -- Nippon Oil, Nippon Mining planning to merge
Japan's leading refiner Nippon Oil Corp. and sixth-ranked Nippon Mining Holdings Inc., faced with sluggish domestic demand for gasoline, plan to merge their operations under a single holding company.
12/05/2008 -- Harkin bill would reform trading of swaps and other financial derivatives
US Senate Agriculture, Nutrition and Forestry Committee Chairman Thomas Harkin (D-Iowa) introduced legislation on Nov. 20 to reform the trading of swaps and other over-the-counter financial derivatives.
12/05/2008 -- MMS distributed record $23.4 billion to states, tribes and US Treasury in fiscal 2008
The US Minerals Management Service disbursed a record $23.4 billion to state, American Indian and federal accounts from onshore and offshore energy production during fiscal 2008, Interior Secretary Dirk A. Kempthorne said on Nov. 20.
12/05/2008 -- 'House Democrats will move forward from this vote with unity'
House Speaker Nancy Pelosi (D-Calif.), in a Nov. 20 statement after Democrats replaced John D. Dingell (D-Mich.) as chairman of the Energy and Commerce Committee with Henry Waxman (D-Calif.) the day before.
12/05/2008 -- 'The 111th Congress is not going to play nicely on energy rationing policies'
Myron Ebell, energy and global warming policy director at the Competitive Enterprise Institute, on the House Democratic Caucus's electing Henry Waxman (D-Calif.) to replace John D. Dingell (D-Mich.) as Energy and Commerce Committee chairman.

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