Securities and Exchange eyes payments to Equatorial Guinea
The SEC probes payments by five major US oil producers Amerada Hess ChevronTexaco Devon Energy Exxon Mobil and Marathon to Equatorial Guinea officials and their relatives amid Riggs Bank probe fallout. Companies cooperate under a Fort Worth based inquiry with focus on possible Foreign Corrupt Practices Act violations and ethical compliance.
MENTIONED IN THIS ARTICLE
Washington
Securities and Exchange Commission
Equatorial Guinea
Amerada Hess
Chevron- Texaco
Devon Energy
Exxon Mobil
Marathon
SEC
Fort Worth
Matt Well
State Department
Senate
ChevronTexaco
Stan Luckoski
San Ramon
Calif
Oklahoma City
El Paso restatements signal accounting revisions
El Paso Corp faces restatements likely cutting proven oil and gas reserves and changing hedge accounting. The SEC probe and 1999 2003 reviews could trigger non cash asset write downs up to two billion while cash flow remains unaffected. Overall shareholder equity may shrink though offset by other comprehensive income. The firm postpones 2004 earnings and plans to file 2003 annual results by Q3 and discuss restatements on August 23.
MENTIONED IN THIS ARTICLE
Houston
el Paso Corp
el Paso
Securities and Exchange Commission
Hope Crisp
KDP Investment Advisors Inc
SEC
Government moves toward recall of GM SUVs over brake light failures
The NHTSA upgraded its brake light investigation into 2002 04 Chevrolet Trailblazer GMC Envoy and Oldsmobile Bravada SUVs and 2004 Buick Rainier. More than 687 complaints report rear lights failing when braking though no injuries are linked. GM has offered free bulb replacements for affected vehicles since October 2003.
MENTIONED IN THIS ARTICLE
Washington
General Motors Corp
National Highway Traffic Safety Administration
NHTSA
Tax Revenue Rise Across Permian Basin Cities
Permian Basin cities report August 2004 sales tax totals compared to August 2003 with Midland, Odessa, Monahans and Andrews showing double digit gains. Alpine and Marfa post mixed results while Pecos and Stanton climb at strong paces.
MENTIONED IN THIS ARTICLE
Permian Basin
Alpine
Andrews
Big Spring
Crane
Fort Stockton
Goldsmith
Marfa
McCamey
Midland
Monahans
Odessa
Pecos
Presidio
Seminole
Stanton
Monahans Tax Uptick Questioned by City Manager
Monahans saw a 139 percent rise in taxes over August 2003, prompting City Manager David Mills to call the figure an anomaly. He attributed the spike to prior comptroller errors and said August 2003 overpayments inflated the previous figure.
MENTIONED IN THIS ARTICLE
Monahans
David Mills
Mills
Comptroller’s Office
Venezuelan Recall Vote Hoists Oil Market Watch
The agency notes Sun day recall elections in Venezuela could sway commodities trading next week. It cautions against overemphasizing daily events and highlights a longer term view where global oil output is near capacity while demand remains strong, keeping inventories low.
MENTIONED IN THIS ARTICLE
Tainty
Venezuela
OPEC
Hugo Chavez
EIA
Oil markets buoyed by Saudis but supply fears persist
Traders weigh Saudi production capacity and surplus volumes as Naimi notes 1.8 million barrels daily available. Despite clarity on output, market faces supply-demand fragility amid geopolitical risks and weather threats. Analysts warn the rally may not break without clearer certainty on oil flows and disruptions.
MENTIONED IN THIS ARTICLE
Eee
Naimi
Saudi Arabia
John Kilduff
Mimat USA Inc
CMA to announce nominees on CBS and CMT August 30
CMA officials say nominees for the 38th annual Country Music Association awards will be revealed August 30 on The Early Show in New York and CMT Insider in Nashville. The live 7:30 a.m. CDT presentation will feature Hannah Storm Kris Kristofferson Gretchen Wilson and Big and Rich.
MENTIONED IN THIS ARTICLE
CMA
Nashville
Tenn
Country Music Association
CBS
New York
CMT
Hannah Storm
Kris Kristofferson
Katie Cook
Gretchen Wilson
Big & Rich
Grand Ole Opry House
Ben Kingsley to play evil ruler in BloodRayne adaptation
Los Angeles Ben Kingsley renowned for Gandhi will portray the vampire Kagan the villainous ruler of a bloodsucker army in the film adaptation of the BloodRayne video game.
MENTIONED IN THIS ARTICLE
Romania
Kristanna Loken
Kingsley
Majesco
Uwe Bell
Ben Kingsley
Evil Ruler
Los Angeles
Gandhi
Kagan
Stay the course and CIA pick Porter Goss fuels politics
President Bush named Porter Goss, a former CIA agent who helped plan the Bay of Pigs, to be CIA director signaling a firm stance to the intelligence community. The PGA Championship opens at Whispering Straits amid windy Lake Michigan conditions with pros recalling National Guard ties to Iraq. Coors heir Pete Coors wins Colorado GOP Senate primary as campaign finance reform faces billionaire leverage.
MENTIONED IN THIS ARTICLE
Hollywood
Bush
CIA
Porter Goss
Cuba
Whispering Straits
America
Lake Michigan
Iraq
Coors
Pete Coors
Colorado
John McCain
Texas Lottery Winning Numbers and Draw Details
The Odessa American lists lottery results including Lotto numbers 13 14 18 25 32 with Est. 15 million jackpot for Wednesday and Cash 5 23 25 31 32 33. Pick 3 daytime and nighttime numbers appear alongside historical draw information and publication details for the Odessa TX edition.
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Securities and Exchange Eyes
SUV
Nhtsa.dot.gov
Odessa American
Agency
Russia
Yukos
Martha Jane Phillips Starr Conservatory
Kingdom City
Powell Gardens
Cmaworld.com
Hobbs
Uue
Hobbs High School
Argus Hamilton
Comedy Store
Argus Hamilton.com
Las Vegas
Donald Trump
Atlantic City
Washington Redskins
Joe Gibbs
Texas Lottery
LOTTO
Ottery.org
New Mexico
Lede
E. 4Th Street
P.O
Patrick Canty
John Kent
Money Trough Pricey
Andi
Oaga
Saat UN
Gholtepe