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General Interest 2009 P11

  • Tue Dec 01 13:11:00 CST 2009 -- Gulf of Mexico
    Helix Energy Solutions Group Inc., Houston, said its Energy Resource Technology GOM subsidiary made a deepwater Gulf of Mexico oil discovery in Green Canyon Block 490 and made a shelf discovery at South Timbalier 145 field.
  • Tue Dec 01 12:55:20 CST 2009 -- MARKET WATCH: Crude price rebounds; gas price falls 7%
    The price of crude rebounded Nov. 30 on the New York market after failing to close below $75/bbl in light trading Nov. 27, but the front-month natural gas contract dropped 7% to below $5/MMbtu.
  • Tue Dec 01 12:20:00 CST 2009 -- CCS technology deployment needs to quicken, Shell executive says
    As the United Nations Climate Change Conference Dec. 7-18 in Copenhagen prepares to consider general strategies, a Shell International Exploration & Production official continues to ask practical questions about a specific climate strategy: carbon capture and storage.
  • Tue Dec 01 12:05:30 CST 2009 -- Oil groups welcome delay of decision on ethanol limit
    Oil industry groups welcomed a Nov. 30 decision by the US Environmental Protection Agency to postpone a decision on raising the amount of ethanol that can be blended into gasoline.
  • Mon Nov 30 12:45:30 CST 2009 -- MARKET WATCH: Dubai financial crisis undercuts oil price
    Crude prices were relatively flat in early trading Nov. 30 in the New York market after falling 2.5% Nov. 27 after the Dubai World holding company’s pre-Thanksgiving announcement it would seek at least 6-month reprieve on repayment of $60 billion in debts.
  • Mon Nov 30 10:50:10 CST 2009 -- Ex-IOGCC worker enters embezzlement plea
    A former bookkeeper at the Interstate Oil & Gas Compact Commission has pleaded guilty in Oklahoma City to federal charges of embezzling funds from the organization, the US Federal Bureau of Investigation said.
  • Wed Nov 25 16:05:20 CST 2009 -- BP's Hayward: Growing economies demanding more energy
    BP PLC Chief Executive Officer Tony Hayward says more money needs to be spent on exploration and development if the world is to meet increasing demand for energy.
  • Wed Nov 25 15:45:50 CST 2009 -- Energy XXI unit to acquire interests in gulf
    Energy XXI (Bermuda) Ltd. has executed a conditional purchase agreement to acquire certain Gulf of Mexico shelf oil and natural gas interests from MitEnergy Upstream LLC, a subsidiary of Mitsui & Co. Ltd., for $283 million.
  • Wed Nov 25 15:40:40 CST 2009 -- Forest Oil makes executive appointments
    Forest Oil Corp. made several executive personnel changes.
  • Wed Nov 25 13:00:40 CST 2009 -- MARKET WATCH: Crude, product prices slip lower
    The front-month crude contract slipped to just above $76/bbl Nov. 24 on the New York market among mixed market indicators.

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