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General Interest 2012 P7

  • 11/30/2012 -- Interior to hold first wind energy lease sale on OCS
    The US Department of the Interior plans to sell leases for wind farms offshore Rhode Island, Massachusetts, and Virginia, marking the first lease sale for wind energy on the Outer Continental Shelf, officials said from Washington, DC, on Nov. 30.
  • 11/30/2012 -- USCG approves another ROV inspection of Deepwater Horizon
    The US Coast Guard approved another remotely operated vehicle inspection of the Deepwater Horizon wreckage and the Macondo well site, scheduled to start Dec. 3.
  • 11/30/2012 -- OMV to sell Bosnia-Herzegovina retail unit
    OMV AG, as part of a strategic streamlining of its downstream business enabling it to concentrate on exploration and production, has signed an agreement to sell its marketing subsidiary in Bosnia-Herzegovina to NIS, Novi Sad, Serbia (OGJ Online, Jan. 13, 2012).
  • 11/30/2012 -- MARKET WATCH: Oil prices follow broader market up
    Oil prices rebounded Nov. 29, pulled up by the broader market, with crude increasing 1.9% to end a 3-day decline in the New York market. Report of an increase in US natural gas inventory drove the new front-month gas contract down 4%.
  • 11/29/2012 -- Industry barely touches Gulf of Mexico leases
    Thirteen companies submitted bids for 116 of 3,873 blocks offered in the Nov. 28 Western Gulf of Mexico Lease Sale 229 in New Orleans.
  • 11/29/2012 -- Producers urge Congress to leave IDC tax deductions alone
    A coalition of 33 national, regional, and state oil and gas associations expressed concern to leaders of two key congressional committees over the possible elimination or restriction of the federal tax deduction for intangible drilling costs.
  • 11/29/2012 -- Carbon policies may limit shale gas production growth, expert warns
    Policies to restrict carbon emissions potentially could inhibit significant production growth from US shale gas formations, an expert warned.
  • 11/29/2012 -- MARKET WATCH: Economic worries continue to undercut oil prices
    Oil prices continued falling Nov. 28, with front-month crude down 0.8% on demand concerns, its third decline in as many sessions on the New York market, despite upbeat statements by US House Speaker John Boehner and President Barack Obama of a possible budget agreement in the near future.
  • 11/28/2012 -- Energen to add exploration, operations executives
    The board of Energen Corp., Birmingham, Ala., has elected David A. Godsey and David J. Minor to head the exploration and operations efforts of the company’s oil and gas exploration and production unit, Energen Resources Corp.
  • 11/28/2012 -- RPSEA advances 15 unconventional projects
    The nonprofit Research Partnership to Secure Energy for America (RPSEA) selected 15 proposals under the Unconventional Resources Program for negotiations leading to an award under its contract with the US Department of Energy's National Energy Technology Laboratory.
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