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Cheniere Energy’s stock dropped $5.34, or more than 9%, to $51.16 Thursday after the company announced late Wednesday that ChevronTexaco had broken off negotiations for an ownership stake in Cheniere’s Sabine Pass LNG partnership.

Cheniere Energy’s stock dropped $5.34, or more than 9%, to $51.16 Thursday after the company announced late Wednesday that ChevronTexaco had broken off negotiations for an ownership stake in Cheniere’s Sabine Pass LNG partnership.

The Minerals Management Service (MMS) said last week that it has accepted high bids totaling $170 million on 346 of the 351 tracts offered during offshore Oil and Gas Lease Sale 192, which was held on Aug. 18.

The Minerals Management Service (MMS) said Thursday that it has accepted high bids totaling $170 million on 346 of the 351 tracts offered during offshore Oil and Gas Lease Sale 192, which was held on Aug. 18.

The Minerals Management Service (MMS) said Thursday that it has accepted high bids totaling $170 million on 346 of the 351 tracts offered during offshore Oil and Gas Lease Sale 192, which was held on Aug. 18.

Fort Worth-based independent XTO Energy Inc. last week marked the largest acquisition in its history by purchasing $1.1 billion of oil and gas properties from ChevronTexaco Corp. XTO gains approximately 88 MMcf/d of natural gas and 14,000 bbl of oil from properties in seven states — more than 90% in Texas and New Mexico.

Fort Worth-based independent XTO Energy Inc. marked the largest acquisition in its history on Monday with the purchase of 150 onshore producing assets for $1.1 billion from ChevronTexaco Corp. The company will add about 88 MMcf/d of natural gas and 14,000 bbl of oil from properties in seven states — more than 90% in Texas and New Mexico.

Three former Merrill Lynch financial executives involved in a scheme to help Enron Corp. create sham profits in 1999 surrendered to the FBI in Houston last Wednesday. The Department of Justice (DOJ) alleges that the three violated criminal law, aided and abetted Enron’s violation of criminal law and knowingly caused others to make false statements to a grand jury, the U.S. Congress, the Securities and Exchange Commission (SEC) and the Enron bankruptcy examiner.

Three former Merrill Lynch financial executives involved in a scheme to help Enron Corp. create sham profits in 1999 surrendered to the FBI in Houston on Wednesday. The Department of Justice (DOJ) alleges that the three violated criminal law, aided and abetted Enron’s violation of criminal law and knowingly caused others to make false statements to a grand jury, the U.S. Congress, the Securities and Exchange Commission (SEC) and the Enron bankruptcy examiner.