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General Interest 2009 P14

  • 11/18/2009 -- OPEC: world oil demand to rise slightly in 2010
    The Organization of Petroleum Exporting Countries reported that the world’s economic recovery will drive global oil demand to 85.07 million b/d in 2010, an increase of 0.9%.
  • 11/18/2009 -- MARKET WATCH: Crude price climbs; gas declines
    Crude prices continued climbing Nov. 17 despite a strengthening US dollar, but the front-month natural gas contract gave up some of its gain from the previous session of the New York market on weaker US manufacturing and mixed weather forecasts.
  • 11/18/2009 -- NPRA outlines problems in EPA's proposed GHG tailoring rule
    A proposed greenhouse-gas tailoring rule for large industrial facilities could cause more problems than it solves, a National Petrochemical & Refiners Association official told the US Environmental Protection Agency on Nov. 18.
  • 11/18/2009 -- DOJ orders Cameron to divest assets before acquiring Natco
    Cameron International Corp. will be required to divest assets used in the production and sale of oil refining desalters before it proceeds with its $980 million acquisition of Natco Group Inc., the US Department of Justice said on Nov. 17.
  • 11/18/2009 -- Haynesville buried-array seismic work set
    El Paso Corp. let contract to MicroSeismic Inc. for a buried-array seismic monitoring program in its Haynesville shale development program south of Shreveport, La.
  • 11/17/2009 -- CSB to investigate Puerto Rico tank farm fire, blast
    The US Chemical Safety Board will fully investigate an Oct. 23 tank explosion and fire at Caribbean Petroleum Refining in Puerto Rico that damaged homes and businesses more than a mile away, the board said Nov. 17.
  • 11/17/2009 -- Alaska gas pipeline project's first federal coordinator resigns
    The first federal coordinator of Alaska natural gas projects, Drue Pearce, gave notice Nov. 16, after US President Barack Obama asked for her resignation.
  • 11/17/2009 -- MARKET WATCH: Economic gains, weak dollar boost energy prices
    Energy prices rebounded Nov. 16 from a two-session decline with crude up 3.3% with larger than expected US retail sales and growth in Japan’s gross national product.
  • 11/17/2009 -- IPAMS chides Congresswoman for letter about hydraulic fracturing
    The Independent Petroleum Association of Mountain States has asked US Rep. Diana DeGette (D-Colo.) to stop spreading misinformation in a letter to other members of Congress about hydraulic fracturing in an apparent effort to pass a bill she and Rep. Maurice Hinchey (D-NY) introduced on June 9.
  • 11/17/2009 -- Partners report high Bakken shale test rates
    Brigham Exploration Co., Austin, and US Energy Corp., Riverton, Wyo., reported high initial production rates from their first three completions in a six-well program in the Williston basin’s Bakken shale oil play.

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