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General Interest 2009 P8

  • 12/08/2009 -- Kosmos confirms Odum oil discovery off Ghana
    Kosmos Energy, private Dallas operator, confirmed its 2008 Odum discovery off Ghana, proving the potential of the Campanian play on the West Cape Three Points Block east of giant Jubilee oil field.
  • 12/08/2009 -- Libya delays plans to boost oil output
    The Libyan government, hit by budget constraints and by current market conditions, has announced a delay of up to 5 years in its previously released plans to raise its oil output capacity.
  • 12/08/2009 -- MARKET WATCH: Bernanke's comments bring down crude prices
    Cold weather boosted natural gas prices Dec. 7 on the New York market, but crude fell for the fourth consecutive session, closing below $74/bbl, after Federal Reserve Chairman Ben Bernanke said recent economic improvement remains shaky.
  • 12/08/2009 -- Quebec
    Canadian Forest Oil Ltd. has committed to drill and complete a horizontal well in the Ordovician Utica formation near Montreal, Que.
  • 12/08/2009 -- Wyoming
    Abraxas Petroleum Corp., San Antonio, has completed a well in Converse County, Wyo., with a 3,300-ft lateral in the Upper Cretaceous Turner sandstone.
  • 12/07/2009 -- Sudan seeks withdrawal of national police from oil regions
    A leading member of Sudan People's Liberation Movement has called for immediate withdrawal of Sudan's national police from areas around oil fields in the southern region of the country.
  • 12/07/2009 -- EPA's GHG endangerment finding sets stage for regulations
    Greenhouse gases threaten the public’s health and should be regulated, the US Environmental Protection Agency said on Dec. 7.
  • 12/07/2009 -- Study says oil speculation not 'excessive'
    As the US Congress and Commodity Futures Trading Commission consider tighter regulation of derivatives trading, a new study suggests excessive speculation wasn’t to blame for a record-breaking surge in oil prices in first-half 2008 (OGJ Online, Nov. 24, 2009).
  • 12/07/2009 -- Benaris claims some of Woodside's Otway gas project sale
    Benaris International has exercised its preemptive right to buy a portion of Woodside Petroleum Ltd.’s 51.55% stake in the Otway gas project in Western Victoria.
  • 12/07/2009 -- IEA includes climate change policy scenario in latest forecast
    The International Energy Agency developed a climate-change policy scenario as part of its latest annual forecast because it wanted “to be part of the solution as well as part of the problem,” a top official said on Dec. 2.
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