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General Interest 2013 P6

  • 04/03/2013 -- Fitch: US, Canada chemical companies lobby against gas exports
    An alliance of US and Canadian chemical companies oppose increased natural gas exports and are lobbying against export permitting. Fitch Ratings believes operating margins for these companies might see compression from current robust levels if significant gas exports materialize.
  • 04/03/2013 -- PHMSA, Arkansas attorney general act after ExxonMobil pipeline leak
    The US Pipeline and Hazardous Materials Safety Administration issued a corrective action order on Apr. 2 preventing ExxonMobil Pipeline Co. (EMP) from restarting operations on a leaking Arkansas crude oil pipeline until satisfactory repairs have been made and immediate safety concerns have been addressed.
  • 04/02/2013 -- MARKET WATCH: Oil, gas prices down in uncertain markets
    On Apr. 1, the first trading day of the second quarter, front-month crude declined 0.2% in the New York futures market after the Institute for Supply Management reported a dip in its manufacturing index for March. Natural gas also was down 0.2% on forecasts for milder weather.
  • 04/02/2013 -- Hess, ONGC Videsh complete Caspian deal
    ONGC Videsh Ltd., New Delhi, has completed its acquisition of Hess Corp.’s 2.7213% interest in the Azeri, Chirag, and deepwater Guneshli fields in the Caspian Sea offshore Azerbaijan and a 2.36% interest in the Baku-Tbilisi-Ceyhan Pipeline.
  • 04/01/2013 -- Lukoil to buy Samara-Nafta unit from Hess for $2.05 billion
    OAO Lukoil signed an agreement with Hess Corp. to acquire 100% of Hess’s Russian subsidiary Samara-Nafta for a total of $2.05 billion.
  • 04/01/2013 -- MARKET WATCH: Energy prices mixed ahead of Easter holiday
    Energy prices were mixed Mar. 28, with front-month crude still climbing but petroleum products and natural gas prices down on the New York market.
  • 03/27/2013 -- Gray named Australia's resources and energy minister
    Following the resignation last week of Australian Minister for Resources and Energy Martin Ferguson, Prime Minister Julia Gillard has named Western Australian MP Gary Gray as the new minister.
  • 03/27/2013 -- MARKET WATCH: Economic indicators boost oil prices
    Oil prices increased Mar. 26 with crude up 1.4% to its highest close in a month on the New York market, buoyed by improved US economic data and near-resolution of the Cyprus crisis. Natural gas climbed 2.8% with cooler weather.
  • 03/27/2013 -- Gazprom faces growing pressure to change, experts say in report
    Changing global natural gas markets may compel Russia’s state gas company Gazprom to dramatically change, two Washington observers suggested, but the changes won’t be easy, and will take time, they said during a seminar at the Atlantic Council.
  • 03/26/2013 -- Independent panel formed to review EPA's fracing research
    A panel of 31 experts has been formed to review the US Environmental Protection Agency’s hydraulic fracturing research, EPA’s independent Scientific Advisory Board announced on Mar. 25.
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