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General Interest 2008 P5

  • 06/24/2008 -- MARKET WATCH: Supply worries raise energy prices
    Crude prices continued to rise June 23 as traders shrugged off Saudi Arabia's promise to produce more oil and invested instead in the possibility that civil unrest in Nigeria could reduce production even more.
  • 06/19/2008 -- MARKET WATCH: Oil prices rise, demand declines
    After trading lower in the morning session on June 18, the front-month crude contract rebounded to a higher closing, breaking a 3-day losing streak.
  • 06/13/2008 -- MARKET WATCH: Crude prices inch higher in mixed market
    A stronger dollar pushed down through much of a mixed and volatile market before the front-month contract managed a small gain at closing on June 12.
  • 06/12/2008 -- Approach promotes two to executive VP positions
    Approach Resources has promoted Glenn W. Reed to executive vice-president, engineering and operations, and Ralph P. Manoushagian to executive vice-president, land.
  • 06/03/2008 -- EnerGulf hires Africa exploration manager
    EnerGulf Resources Inc., Vancouver, BC, has hired Campbell Cassidy as exploration manager for the Lotshi Block in Congo (former Zaire).
  • 06/17/2008 -- Nuon acquires interests in Dutch North Sea gas fields
    Dutch energy firm Nuon announced a €476.7 million deal to acquire the Norwegian North Sea energy assets of ConocoPhillips.
  • 06/12/2008 -- Berry to acquire East Texas gas production
    Berry Petroleum Co. agreed to acquire interest in East Texas natural gas production from a consortium of private sellers for $620 million.
  • 05/16/2008 -- The other shoe drops as Senate Democrats introduce their energy bill
    US Senate Democrats presented their legislative response to record high oil prices on May 7 as they introduced their energy bill six days after Republicans introduced theirs.
  • 05/09/2008 -- The windfall profits tax has re-emerged
    How serious are the prospects for Congress reviving the windfall profits tax? Serious enough for Sen. Pete V. Domenici (R-N.M.) to ask the chief executives of the five largest US oil companies for detailed explanations of how they use their profits to re-invest in energy production.
  • 05/22/2008 -- Alaska recommends TransCanada's Alaska gas pipeline
    Alaska Gov. Sarah Palin, along with the state's natural resources and revenue commissioners, recommended that the Alaska legislature accept a natural gas pipeline proposal from TransCanada Alaska Co. LLC and Foothills Pipelines Ltd.
  • 05/05/2008 -- Rockies gas pipeline open season to start; route changed
    Alliance Pipeline Inc. and Questar Overthrust Pipeline Co. plan to launch a binding open season May 12 to assess interest in shipping natural gas on the companies' proposed Rockies Alliance Pipeline.
  • 05/23/2008 -- MARKET WATCH: Crude prices decline in profit taking
    Energy prices fell with profit taking May 22 but not before setting a new intraday high of $135.09/bbl in the New York market. However, crude prices again rose in overnight electronic trading just prior to the 3-day Memorial Day holiday that marks the unofficial start of the summer driving season in the US.
  • 05/22/2008 -- Senate Judiciary questions five oil executives on prices
    A US Senate committee brought five major oil company executives back to Congress for the second time in less than 2 months so it could ask what's causing record high crude oil and gasoline prices.
  • 05/07/2008 -- House diesel price hearing has market speculators focus
    A US House subcommittee's hearing to examine the adverse impacts of rising diesel fuel prices on truckers became the latest forum for Democrats to demand crackdowns on oil market speculators.
  • 05/23/2008 -- Deloitte conference speakers call for wider energy, environmental debate
    The national energy and environmental debate will need to widen significantly if it intends to create necessary dramatic changes, speakers at a leading energy conference said on May 19 and 20.
  • 05/09/2008 -- Senate Democrats introduce Consumer-First Energy Act
    US Senate Democrats presented their legislative response to record high oil prices on May 7, introducing their energy bill 6 days after Republicans introduced theirs.
  • 05/05/2008 -- OTC: High costs plague unconventional oil operators
    In developing heavy oil resources, water management is a bigger problem than handling carbon emissions, according to David Bairrington, general manger of nonconventional resources at ConocoPhillips.
  • 05/26/2008 -- ATP makes executive promotions
    ATP Oil & Gas Corp. promoted Leland E. Tate to president of the company. Tate served as chief operating officer since August 2000. Prior to joining ATP, he was president of ARCO North Africa.
  • 05/02/2008 -- Rex Energy appoints vice-president of drilling
    Rex Energy Corp. has appointed James Watson vice-president of drilling for its Appalachian basin region.
  • 05/28/2008 -- XTO Energy to buy Bakken shale properties
    XTO Energy agreed to acquire producing properties and undeveloped acreage in the Williston basin Bakken shale from privately held Dallas firm Headington Oil for $1.85 billion in a cash-stock deal.
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