General Interest 2008 P

11/21/2008 -- Arabs discuss piracy as tankers avoid Suez Canal
Six Arab countries that share the Red Sea held an emergency meeting in Egypt aimed at forging a common response to the upsurge in piracy in the region.
11/20/2008 -- MMS reports record disbursals during 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.
11/20/2008 -- Hydraulic fracturing foe gains clout in House
The powerful US House Committee on Energy and Commerce has a new leader who has consistently opposed operations crucial to the production of natural gas from unconventional reservoirs.
11/20/2008 -- Harkin offers bill to reform trading of swaps
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.
11/20/2008 -- TARC makes executive appointments
Texas American Resources Co. (TARC) has made several appointments.
11/20/2008 -- MARKET WATCH: Crude prices continue to tumble
Energy prices fell for the fourth consecutive session Nov. 19 in the New York market as the weakening economy undercut energy demand, but natural gas prices rose on forecasts of cold weather.
11/20/2008 -- Indonesia orders oil firms to use domestic banks
Indonesia, in an effort to boost liquidity and shore up the falling rupiah, will order oil and gas companies to keep funds for energy projects in domestic banks, according to oil and gas regulator BPMigas.
11/20/2008 -- France outlines new renewable energies program
France's Environment and Energy Minister Jean-Louis Borloo offered a "national plan for renewable energies" Nov. 17.
11/19/2008 -- House Dems won't try to restore OCS moratoriums
US House Democratic leaders will not try to reimpose offshore oil and gas leasing moratoriums that expired at the end of September, Majority Leader Steny H. Hoyer (D-Md.) said on Nov. 18.
11/19/2008 -- Nigeria president proposes Lukman as oil minister
Nigeria's Rilwanu Lukman, former president of OPEC, has been nominated to lead Nigeria's Ministry of Petroleum Resources.
11/19/2008 -- MARKET WATCH: Crude prices continue to fall
The soon-to-expire front-month crude contract hit yet another 22-month intraday low as energy prices continued to fall Nov. 18 on the New York futures market amid persistent signs of a weakening economy.
11/19/2008 -- BG Group closes in on Queensland Gas
BG International (AUS) Investments will proceed with its $3.4 billion buyout of Australian gas producer Queensland Gas Co. after boosting its interest to more than 90% of the company.
11/18/2008 -- Brazil officials clash over financial crisis' impact on E&P
Brazilian officials have issued conflicting statements concerning the potential impact of the current global financial crisis on the exploration and development of the country's subsalt layer.
11/18/2008 -- EU gas facilities fall short; upgrade plans advance
The current state of the EU's energy facilities falls far short of the three basic aims of its energy policy, which are sustainability, competitiveness, and supply security, said EU Energy Commissioner Andris Piebalgs.
11/18/2008 -- Titan appoints chief operating officer
Titan Oil & Gas Inc., Austin, has appointed Justin Boose chief operating officer and director of the company.
11/18/2008 -- MARKET WATCH: Lower temperatures boost natural gas prices
Natural gas prices climbed Nov. 17 in both the futures and spot markets with forecasts of lower temperatures in the east and northeast US into December.
11/18/2008 -- Aztec Oil & Gas elects president
Aztec Oil & Gas Inc., Houston, has elected Waylan R. Johnson as president. He assumed the role on Nov. 10.
11/18/2008 -- IOGCC chair calls for bipartisan efforts
Oklahoma Gov. Brad Henry assumed the chairmanship of the IOGCC by calling upon US lawmakers to work together toward providing policies to ensure stable, sustainable energy supplies.
11/17/2008 -- Cazalot: US at risk of losing energy security race
The US is running the risk of losing the global race for energy, said Marathon Oil Corp. Chief Executive Officer Clarence Cazalot at a recent American Petroleum Institute meeting in Houston.
11/17/2008 -- Aurora Oil & Gas appoints president
Aurora Oil & Gas Corp., Traverse City, Mich., has made changes to its management team.

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