Chron Energy Items: 03.18.08

A few of the energy related stories in the Houston Chronicle or on chron.com :
A big bonus in Bear buyout: One of the biggest prizes in JPMorgan Chase’s bargain-basement buyout of Bear Stearns has a Houston address.
Appeals court opens door for possible Enron broadband retrial: Three former Enron broadband unit executives could be headed back to trial on multiple charges after a federal court today denied their appeal.
Oil slips more than $4 a barrel on economic jitters: Associated Press — Oil prices plunged today, pulling back at least temporarily from record levels as investors feared that the financial crisis that forced the sale of Bear Stearns Cos. is a sign of deep economic trouble.
Hofmeister sees progress on 2 big goals: John Hofmeister is an oil industry frontman like no other. The longtime human resources executive took the helm of Royal Dutch Shell’s U.S. arm, Shell Oil Co., more than three years ago never having headed an energy division. One of his primary missions was to shore up the company’s tarnished image in the United States after a reserves accounting scandal in 2004 forced repeated restatements.
U.K. Court overturns Exxon freeze on Venezuelan assets: Bloomberg News — Exxon Mobil Corp.’s freeze on $12 billion of assets belonging to Venezuela’s state oil company was overturned by a U.K. court in a setback for the U.S. energy company in its dispute with President Hugo Chavez.

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