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General Interest 2011 P

  • Tue Dec 13 08:32:00 CST 2011 -- Poland: Eastern Baltic basin shale gas well spuds
    A unit of Talisman Energy Inc. has spud the Rogity-1 well on the Braniewo S concession in the Baltic basin in Poland.
  • Mon Dec 12 16:35:00 CST 2011 -- Suncor, Gulfsands declare force majeure in Syria
    Suncor Energy Inc. and Gulfsands Petroleum PLC each declared force majeure and are suspending their respective operations with Syria’s state-owned General Petroleum Corp. (GPC) to comply with sanctions imposed by the European Union.
  • Mon Dec 12 12:39:00 CST 2011 -- Encana refutes US EPA Pavillion groundwater report
    Encana Oil & Gas (USA) Inc. refuted the US Environmental Protection Agency’s preliminary conclusions in its draft report that ground water in the aquifer near Pavillion, Wyo., contains compounds EPA believes are “likely associated with gas production practices, including hydraulic fracturing.”
  • Mon Dec 12 12:28:00 CST 2011 -- MARKET WATCH: Crude oil prices rise, but uncertainties remain
    Crude oil prices moved moderately higher Dec. 9 with crude again closing above $99/bbl in the New York market on initial perceptions of economic improvement around the globe.
  • Fri Dec 09 14:57:00 CST 2011 -- MARKET WATCH: Crude oil prices fall; gas prices make gains
    Stock market and oil prices fell Dec. 8, with crude closing below $99/bbl in New York, as pessimistic markets shrugged off interest rates reductions by the European Central Bank (ECB) and a US government report of the lowest number of initial claims for unemployment benefits in 9 months.
  • Fri Dec 09 11:17:00 CST 2011 -- Chevron announces $32.7 billion budget for 2012
    Chevron Corp. announced a $32.7 billion capital and exploratory budget for 2012 compared with an estimated $28 billion capex investment for 2011.
  • Fri Dec 09 08:42:00 CST 2011 -- Tighter sanctions on Iran could cost Eni 'billions'
    Eni SPA Chief Executive Officer Paolo Scaroni said tighter sanction on Iran could cost the Italian firm as much as $2 billion in crude oil owed to it by National Iranian Oil Co.
  • Thu Dec 08 16:38:00 CST 2011 -- Chevron Phillips Chemical makes management changes
    Chevron Phillips Chemical Co. LLC made several senior management changes, effective Jan. 1, 2012.
  • Thu Dec 08 13:17:00 CST 2011 -- BSEE issues five more Macondo-related citations to BP
    The US Bureau of Safety and Environmental Enforcement issued a second round of noncompliance notices to BP PLC on Dec. 7 in connection with its operation of the Macondo deepwater well which blew out in the deepwater Gulf of Mexico on Apr. 20, 2010, resulting in a massive oil spill.
  • Thu Dec 08 12:44:00 CST 2011 -- WPC20: US LNG exports to have little effect on Europe
    LNG exports from the US—if and when they happen—based on surplus natural gas from shale development will have little if any effect on the European gas supply scene. That’s according to E.On Energy Trading Chairman Klaus Schafer in comments to Oil & Gas Journal made on the final day of the 20th World Petroleum Congress in Doha.
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