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• 12/05/2011 -- Plains All American to buy Canadian NGL, LPG business from BP
  Plains All American Pipeline LP’s wholly owned subsidiary Plains Midstream Canada ULC will buy BP PLC’s Canadian NGL and LPG business.
• 12/05/2011 -- BarCap: E&P spending to hit record in 2012
  Worldwide upstream oil and gas spending in 2012 will climb by 10% to reach $598 billion, according to a recent outlook by Barclays Capital.
• 12/05/2011 -- MARKET WATCH: Crude oil price rises as stock market rallies
  The stock market rallied Dec. 2, posting its highest weekly gain in 3 years as central banks moved to resolve liquidity issues in Europe, but petroleum prices increased only moderately.
• 12/02/2011 -- API urges EPA to delay wellsite emissions rule at least a year
  At least another year will be needed to adequately consider potential impacts and feasibility of proposed US Environmental Protection Agency regulations involving air emissions at oil and gas production sites and gas transmission and storage facilities, the American Petroleum Institute said.
• 12/02/2011 -- Shell pulls out of Syria after new EU sanctions imposed
  Royal Dutch Shell PLC said it will pull out of Syria following the European Union’s imposition of tougher sanctions against the regime of the country's embattled President Bashar Al-Assad.
• 12/02/2011 -- MARKET WATCH: Disappointing economic data reduced oil prices
  The post-holiday rally ended as oil prices declined Dec. 1 on disappointing purchasing managers’ index numbers for both the Euro-zone and China although crude remained above $100/bbl in the New York market.
• 12/01/2011 -- MARKET WATCH: Crude oil tops $100/bbl despite bearish inventory report
  Crude topped $100/bbl in New York and equity markets surged more than 4% Nov. 30 as the US Federal Reserve and five other major central banks agreed to enhance dollar-swap lines to ease the Euro-zone debt crisis in what analysts at Raymond James & Associates Inc. described as “one of the most coordinated efforts since the dark days in 2008.”
• 12/01/2011 -- Baker Institute: Chinese oil demand to equal US demand by 2040
  China’s demand for crude oil easily could reach levels comparable with today’s demand levels for oil in the US by 2040, according to a new energy study by Rice University’s Baker Institute. The study was release Dec. 1, one day before a conference at Rice on Chinese and energy.
• 12/01/2011 -- Chevron makes executive appointments
  Chevron Corp. named Joseph C. Geagea as corporate vice-president and president, Chevron Gas & Midstream, effective Jan. 1, 2012.
• 11/30/2011 -- Bromwich concerned budget cuts may reverse hard-won reforms
  Michael R. Bromwich prepares to finish 17 months at the US Department of the Interior satisfied that necessary reforms were beginning to be made at a troubled agency there, but concerned that their permanence may be threatened by funding cuts, he said 2 days before stepping down as head of what formerly was the US Minerals Management Service.