Chron Energy Items: 04.11.08

A few of the energy related stories in the Houston Chronicle or on chron.com today:
Pipeline fix could take a month: Engineers on Thursday were assessing a leaky joint in a pipe stretching from the world’s deepest offshore production platform to a pipeline on the Gulf of Mexico seabed.
Plains makes deal to tap undersea oil: Los Angeles Times — A Houston-based oil company agreed to shut down its oil production off California’s Santa Barbara County decades early in exchange for approval this year to drill into untapped undersea reserves.
Oil-rich Kazakhstan enacts crude export tax: Bloomberg News — Kazakh President Nursultan Nazarbayev said a new tax on oil exports and a construction slowdown will allow the former Soviet republic to ride out the global credit crunch without tapping financial reserves.
Intl. Energy Agency lowers oil demand forecast: Associated Press — Demand for oil will slip in the coming months amid a global economic downturn, the International Energy Agency said today — but prices may remain high because of uncertainty over supply.
Digest: North Dakota and Montana shale may hold up to 4.3 billion barrels of oil.
Briefs: Former KCS execs form new E&P co. with $100 million.

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