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General Interest 2010 P7

  • 12/03/2010 -- MARKET WATCH: Crude oil hits 2-year high as energy prices continue climbing
    Energy prices continued to rally Dec. 2 with the front-month crude contract up 1.4% to a 2-year high in the New York market on upbeat housing and sales data.
  • 12/02/2010 -- Hobbs named president of geological institute
    The American Geological Institute has named G. Warfield “Skip” Hobbs as president. He was inducted at the Geological Society of America annual meeting in Denver in November.
  • 12/02/2010 -- BP updates operations in Azerbaijan
    Rashid Javanshir, head of BP PLC’s subsidiary in Azerbaijan, said production will be reduced next year at the massive Azeri-Chirag-Gunashli (ACG) oil field in the Azerbaijani sector of the Caspian Sea.
  • 12/02/2010 -- MARKET WATCH: Energy prices rebound in generally bullish markets
    Energy prices shot up Dec. 1 in the New York market, wiping out losses from the previous session and in most cases surpassing the Nov. 24 rally that led into the long Thanksgiving holiday weekend in the US.
  • 12/02/2010 -- Antero Resources to buy Marcellus assets
    Antero Resources LLC, a private Denver independent, is buying Bluestone Energy Partners, a private company with Marcellus shale acreage in West Virginia and Pennsylvania.
  • 12/02/2010 -- Chevron's Gendalo-Gehem gas project off Indonesia enters design phase
    Chevron Corp.'s Indonesian subsidiary let several front-end engineering and design contracts for developing the Gendalo-Gehem deepwater gas fields in the Makassar Strait, off East Kalimantan.
  • 12/02/2010 -- McMoRan to test, deepen Blackbeard East well
    McMoRan Exploration Co., New Orleans, is making plans to test the 178 net ft of hydrocarbon-bearing sands encountered so far in the Blackbeard East well on the Gulf of Mexico shelf off Louisiana and has applied to deepen the well to 31,500 ft.
  • 12/02/2010 -- DOI ponders ways to regulate fracing on public lands
    The US Department of the Interior is considering whether existing regulations need to be expanded or new rules need to be developed for hydraulic fracturing and other natural gas exploration and production activities on public lands, DOI officials said at a Nov. 30 forum at DOI’s headquarters.
  • 12/01/2010 -- Salazar puts Atlantic, eastern gulf off-limits for next 5 years
    Emphasizing that the administration of US President Barack Obama remains committed to developing federal offshore oil and gas resources, Interior Sec. Ken Salazar said on Dec. 1 that Atlantic Ocean and eastern Gulf of Mexico areas will be excluded from the 2012-17 Outer Continental Shelf 5-year leasing program.
  • 12/01/2010 -- GAO report sees flaws in DOI tracking of gas venting, flaring
    The US government is losing income from oil and natural gas leases because the Department of the Interior does not accurately track losses from natural gas venting and flaring, the Government Accountability Office said in a report it released on Nov. 29.
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