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General Interest 2008 P8

  • Mon Feb 18 12:02:00 CST 2008 -- NOCs, IOCs need to find new partnership models
    NOCs are delivering higher levels of growth in market capitalization compared with IOCs, and new models of collaboration are needed to deliver secure energy supplies to the global market, speakers told IP Week in London.
  • Fri Feb 15 11:02:00 CST 2008 -- CERA: Action needed to avoid oil crisis, Hess chief says
    Oil companies, oil-producing countries, and consumers need to act now to avoid the oil crisis that is coming within the next 10 years, said John B. Hess, chairman and chief executive of Hess Corp.
  • Thu Feb 14 12:02:00 CST 2008 -- PDVSA halts crude sales to ExxonMobil
    Venezuela's state-owned Petroleos de Venezuela SA said it has stopped selling crude oil to ExxonMobil Corp., which earlier began using US and British courts to seize billions of dollars in assets owned by the South American nation (OGJ Online, Feb. 12, 2008).
  • Wed Feb 13 12:02:00 CST 2008 -- MARKET WATCH: Anticipated stock increase trims oil prices
    Speculation that the government would report another increase in US oil inventories for the fifth consecutive week caused energy prices to dip Feb. 12 on the New York market, ending a 3-session rally.
  • Tue Feb 12 10:02:00 CST 2008 -- MARKET WATCH: Supply threats send oil prices soaring
    Energy prices continued to climb Feb. 11 after Venezuelan President Hugo Chavez threatened over the weekend to stop selling oil to the US over a legal dispute with ExxonMobil Corp.
  • Tue Feb 05 18:02:00 CST 2008 -- Enbridge to lead industry CCS project
    Enbridge Inc. plans to lead a group of 19 energy companies in the Alberta Saline Aquifer Project (ASAP), a carbon capture and storage (CCS) research and pilot sequestration project.
  • Fri Feb 22 12:02:00 CST 2008 -- XTO acquires $1 billion in properties, leasehold
    In more than 25 transactions, Fort Worth independent XTO Energy has entered into agreements with various parties to acquire producing properties in the southwestern US for a total of $1 billion.
  • Tue Feb 19 15:02:00 CST 2008 -- Anadarko reports capital budget, outlook for 2008
    Anadarko Petroleum Corp. has approved total capital expenditures of $4.5-4.7 billion for 2008, including about 20% for exploration.
  • Tue Feb 05 11:02:00 CST 2008 -- Newfield sets $1.6 billion capital budget
    Houston independent Newfield Exploration Co. announced a $1.6 billion capital investment program for 2008, of which $620 million is allocated to the US Midcontinent region.
  • Wed Feb 13 12:02:00 CST 2008 -- StatoilHydro starts Volve oil and gas production
    StatoilHydro has begun oil and gas production from Volve field in the Norwegian North Sea from the large Maersk Inspirer jack up rig.
  • Mon Jan 07 11:01:00 CST 2008 -- TransCanada's Alaska gas pipeline proposal progressing
    TransCanada's application to build a natural gas pipeline in Alaska is open for a 60-day public comment period, Alaska Gov. Sarah Palin said.
  • Fri Jan 04 11:01:00 CST 2008 -- Marathon lets contract for Detroit refinery expansion
    Marathon let an integrated EPC contract to Fluor for its projected $1.9 billion expansion and upgrade of the company's Detroit, Mich., refinery.
  • Fri Jan 25 12:01:00 CST 2008 -- MARKET WATCH: US economic aids push up crude prices
    Energy futures prices posted the biggest gains in 3 weeks with oil futures jumping more than $2/bbl Jan. 24 after President Bush and Congressional leaders agreed to an economic stimulus package.
  • Tue Jan 15 14:01:00 CST 2008 -- KazMunayGas increases Kashagan share, influence
    Kazakhstan's KazMunayGas will increase its interest in the Kashagan offshore oil project to 16.81%, equal to the shares of the other majority shareholders, according to Energy and Mineral Resources Minister Sauat Mynbayev.
  • Tue Jan 29 12:01:00 CST 2008 -- ConocoPhillips to acquire stake in Keystone oil pipeline
    ConocoPhillips has acquired a 50% interest in Keystone oil pipeline from TransCanada as the companies had previously outlined in a signed agreement.
  • Mon Jan 07 10:01:00 CST 2008 -- Fairfield, Mitsubishi gain rights to North Sea fields
    Fairfield Energy and Mitsubishi will obtain rights to fields in the North Sea's Dunlin cluster from Shell and ExxonMobil.
  • Wed Jan 02 11:01:00 CST 2008 -- Khelil says Sonatrach seeking major player status
    Chakib Khelil, Algeria's energy minister and current OPEC president, spoke to OGJ about his plans to position Sonatrach as a major international player.
  • Wed Jan 02 12:01:00 CST 2008 -- MARKET WATCH: Crude prices slip as other commodities climb
    Crude futures prices slipped slightly Dec. 31, but other commodities climbed higher during the last day of 2007 trading in the New York market.
  • Wed Jan 02 12:01:00 CST 2008 -- Delta Petroleum due capital for development
    Delta Petroleum said Tracinda Corp., a private investment firm owned by Kirk Kerkorian, agreed to invest $684 million for 35% of Delta's stock.
  • Wed Jan 02 15:01:00 CST 2008 -- Independent study panel completes DOI mineral royalty review
    An independent panel completed its review of DOI's mineral royalty collection program on Dec. 18 and forwarded its findings to the department's royalty policy committee.

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