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General Interest 2010 P

  • 04/09/2010 -- India's Reliance joins Atlas in Marcellus JV
    Atlas Energy Inc., Pittsburgh, has formed a $1.7 billion joint venture with India’s private Reliance Industries Ltd. to exploit Marcellus shale gas in southwestern Pennsylvania.
  • 04/01/2010 -- Enterprise Products to acquire M2 Midstream assets
    Enterprise Products Partners LP agreed to buy two natural gas gathering and treating systems from subsidiaries of M2 Midstream LLC for $1.2 billion.
  • 04/19/2010 -- MARKET WATCH: Crude takes largest 1-day loss since February
    The price of the front-month crude contract continued to fall Apr. 16 in the New York market, dropping 2.65% to close slightly above $83/bbl in the largest 1-day percentage decline since early February as it followed the equity market down after the US Securities and Exchange Commission charged The Goldman Sachs Group Inc. with fraud over subprime-related trades of financial securities.
  • 03/29/2010 -- Linn Energy to acquire Antrim shale properties in Michigan
    Linn Energy LLC agreed to acquire natural gas properties in the Antrim shale of northern Michigan from HighMount Exploration & Production LLC for $330 million. Both companies are based in Houston.
  • 03/24/2010 -- ConocoPhillips shedding assets, keeping part of Lukoil
    ConocoPhillips on Mar. 24 reiterated its plans to shed $10 billion in assets during 2010-11.
  • 03/15/2010 -- Consol Energy to buy Dominion's Appalachian assets
    Consol Energy Inc. plans to buy Appalachian exploration and production assets from utility Dominion Resources Inc. for $3.475 billion, tripling Consol’s Marcellus shale gas lease holdings.
  • 03/11/2010 -- BP to buy assets from Devon Energy for $7 billion
    BP PLC announced plans to buy Devon Energy Corp.’s assets in the deepwater Gulf of Mexico, Brazil, and Azerbaijan for $7 billion.
  • 03/03/2010 -- Salazar defends proposed increased costs for producers
    US Interior Secretary Ken Salazar defended plans to increase oil and gas royalties and fees on federal leases as he testified Mar. 3 before a US Senate committee on his department’s fiscal 2011 budget request.
  • 03/11/2010 -- CERAWeek: Commitment to gas most obvious climate measure
    A stronger commitment to natural gas as a source of energy is the fastest, easiest way to reduce global greenhouse gas emissions, according to Statoil Chief Executive Officer Helge Lund, who spoke Mar. 10 at CERAWeek in Houston.
  • 03/09/2010 -- CERAWeek: Asia to dominate growing energy demand
    Energy demand is shifting from the developed world to the developing world, and Asia is expected to account for much of the growing demand during the next 20 years, speakers told CERAWeek attendees on Mar. 8.
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