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General Interest 2013 P
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04/10/2013 -- Budget proposal again targets oil and gas tax preferences
Oil and gas companies in the US would face higher taxes on multiple fronts if Congress enacted the federal budget proposed Apr. 10 by the administration of President Barack Obama. -
04/10/2013 -- MARKET WATCH: Oil prices rally; gas prices retreat
Oil prices continued to rally with the front-month crude contract up 1.2% Apr. 9 in the New York futures market despite a weaker dollar. Natural gas continued falling, however, with the front-month futures contract down 1.6%. -
04/09/2013 -- Alberta premier wants full, reasoned debate on Keystone XL
Alberta Premier Alison Redford called for a full, reasoned discussion about the proposed Keystone XL crude oil pipeline as the US Department of State reviews the project’s revised cross-border permit application. -
04/09/2013 -- PGC: US natural gas resource estimate rises 25% in 2 years
Technically recoverable US natural gas resources were a record 2,384 tcf at yearend 2012, 25% (486 tcf) more than the previous record-high assessment 2 years earlier, the Potential Gas Committee reported. -
04/09/2013 -- MARKET WATCH: Oil prices turn around; warmer weather reduces gas futures price
Oil prices turned around Apr. 8, with crude inching up 0.7% to end a 3-day losing streak on the New York market, but the front-month natural gas contract dipped 1% on forecasts of warmer weather in the US Northeast. -
04/08/2013 -- Penn Virginia to buy Eagle Ford shale assets from Magnum Hunter
Penn Virginia Corp. agreed to pay Magnum Hunter Resources Corp. $400 million to acquire producing and undeveloped leasehold interests in the South Texas Eagle Ford shale, said the Radnor, Pa., independent. -
04/05/2013 -- Federal Arctic working group calls for review of agencies’ activities
An Alaska interagency working group called for a review yearend of more than 20 federal agencies, departments, and executive offices at work in the Arctic as it issued a report to US President Barack Obama on Apr. 4. It did not recommend any new regulations or policies. -
04/05/2013 -- EIA: US energy-related carbon dioxide emissions at lowest levels since 1994
US energy-related carbon dioxide emissions reached 5.3 billion tonnes in 2012—the nation’s lowest level since 1994, the US Energy Information Administration reported. -
04/04/2013 -- MARKET WATCH: Ample supply, weakened economy roll back energy prices
Energy prices plunged Apr. 3 with both West Texas Intermediate and North Sea Brent registering their biggest losses in dollar terms this year on a bigger-than-expected increase in crude inventories and weaker-than-expected economic indicators. -
04/04/2013 -- Shell Australia looks to sell Geelong refinery
Shell Australia is looking for a buyer for its only refinery in southeastern Australia, the Geelong refinery, as part of Shell’s global strategy to concentrate investments on large-scale sites, such as the company’s Pulau Bukom refinery in Singapore.
