Promised

“Operational momentum” that began to build toward the end of 2007 should enable BP plc to not only meet but exceed the production goals that it promised to deliver through 2020, the company’s CEO said Thursday.

“Operational momentum” that began to build toward the end of 2007 should enable BP plc to not only meet but exceed the production goals that it promised to deliver through 2020, the company’s CEO said Thursday.

Wyoming Sen. John Barrasso did as he promised and introduced legislation Thursday to protect 1.2 million acres of the Wyoming Range from new energy development. Some of the existing leases would be retired under the Republican legislator’s Wyoming Range Legacy Act, but the bill does not address about 44,000 acres of contested leases in the area.

Wyoming Sen. John Barrasso did as he promised and introduced legislation Thursday to protect 1.2 million acres of the Wyoming Range from new energy development. Some of the existing leases would be retired under the Republican legislator’s Wyoming Range Legacy Act, but the bill does not address about 44,000 acres of contested leases in the area.

Nymex Holdings Inc., parent of the New York Mercantile Exchange and the Commodity Exchange Inc (Comex), took another step toward its promised initial public offering (IPO) Friday, announcing it had filed a definitive proxy statement with the Securities and Exchange Commission for an IPO. Shareholders will vote on the IPO at a special meeting on Oct. 12.

Nymex Holdings Inc., parent of the New York Mercantile Exchange and the Commodity Exchange Inc (Comex), took another step toward its promised initial public offering (IPO) Friday, announcing it had filed a definitive proxy statement with the Securities and Exchange Commission for an IPO. Shareholders will vote on the IPO at a special meeting on Oct. 12.

The Energy Information Administration, as promised, has called for comments on its policy for announcing revisions to its weekly storage report, and has offered two alternatives to current practice: (1) setting an alternate time for announcing revisions on Mondays, or (2) announcing revisions at any time after first sending out two-hour advance warnings. Both of these would apply only for large revisions — 15 Bcf or more.

The Energy Information Administration, as promised, has called for comments on its policy for announcing revisions to its weekly storage report, and has offered two alternatives to current practice: (1) setting an alternate time for announcing revisions on Mondays, or (2) announcing revisions at any time after first sending out two-hour advance warnings. Both of these would apply only for large revisions — 15 Bcf or more.

Traders braced for what promised to be extra-cold weather developing in most of the East over the weekend by sending prices higher at all points Friday. As often happens, Northeast citygates led all advances, which ranged from a dime to more than $1.30. The smallest increases were concentrated in the West, where relatively moderate conditions will prevail in most of the region outside the Pacific Northwest until about midweek.