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General Interest 2012 P

  • 11/20/2012 -- Senators lead bipartisan call for Keystone XL approval
    US Sens. Max Baucus (D-Mont.) and John Hoeven (R-ND) led a new bipartisan Senate effort to meet with US President Barack Obama to discuss prompt approval of the proposed Keystone XL pipeline project.
  • 11/20/2012 -- MARKET WATCH: Fighting in Gaza hikes oil prices
    Oil prices jumped Nov. 19 with crude climbing 2.7% in the New York futures market amid continued fighting between Israel and Hamas militants. However, the natural gas price dropped 1.9% on warmer-than-normal weather forecasts.
  • 11/20/2012 -- Unconventional oil and gas potential permeates IHS Forum
    Government policymakers worldwide will have to scramble to keep pace as oil and gas companies aggressively develop unconventional plays, speakers told the IHS Forum in Washington Nov. 13-14.
  • 11/20/2012 -- Wintershall due North Sea gas from Statoil
    Wintershall Holding GMBH will take delivery in Germany and elsewhere in Northwest Europe of as much as 45 billion cu m of natural gas over 10 years under new agreements with Statoil.
  • 11/20/2012 -- CNPC, Tibet sign natural gas supply deal
    State-owned China National Petroleum Corp. and the Autonomous Regional Government of Tibet have signed a framework agreement on the supply of natural gas by CNPC to Tibet, with which the Chinese government’s relations have long been strained.
  • 11/19/2012 -- MARKET WATCH: Escalating conflict in Gaza pushes up oil prices
    Crude oil prices climbed Nov. 16 as conflict continued between Israel and Palestinian militants in the Gaza Strip while the price of natural gas jumped 8% to a 12-month high in the New York market on expectations of a colder winter despite a bearish inventory report earlier.
  • 11/19/2012 -- Total to sell stake in block offshore Nigeria
    Total SA has agreed to sell its 20% interest in OML 138 offshore Nigeria, where production began from Usan oil field in February, to a wholly owned subsidiary of China Petrochemical Corp. (Sinopec) for $2.5 billion cash before closing adjustments (OGJ Online, Feb. 24, 2012).
  • 11/16/2012 -- MARKET WATCH: Crude markets torn between Middle East conflict, weak demand
    Escalating conflict in the Middle East boosted crude oil prices in world markets Nov. 15, but indications of weakening demand triggered a selloff of US oil in late trading in the New York market.
  • 11/16/2012 -- Targa Resources to buy Bakken formation oil line, gas-gathering assets
    Targa Resources Partners LP plans to buy Saddle Butte Pipeline LLC’s Williston basin crude oil pipeline and terminal system along with its natural gas-gathering and processing operations for $950 million.
  • 11/16/2012 -- Oil production platform explodes, on fire offshore Louisiana
    US Coast Guard officials said an oil production platform offshore Louisiana had exploded and caught fire in the Gulf of Mexico, Associated Press reported Nov. 16.

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