|
Yahoo! News: Business - Energy & Oil Industry
Business - Energy & Oil Industry
Oil below $72 in Asia amid economy doubts
(AP)
8 Feb 2010 at 9:07pm
AP - Oil prices lingered below $72 a barrel Tuesday in Asia as investors remained uncertain about the strength of global economic growth and demand for crude.
Explosion unlikely to slow gas plant development
(AP)
8 Feb 2010 at 3:03pm
AP - The Connecticut explosion that killed five people won't slow the development of natural gas power plants. But it will likely lead to more scrutiny of a technique used to clear air from gas lines.
UAE's ADCO targets 1.8 million bpd oil output by 2017
(AFP)
8 Feb 2010 at 11:32am
AFP - Abu Dhabi's state-owned oil firm ADCO is to invest billions of dollars to hike onshore production by 400,000 barrels per day to 1.8 million bpd by 2017, its general manager Abdel Monim al-Kindy said on Monday.
Walter Energy upgraded on coal price outlook
(AP)
8 Feb 2010 at 8:59am
AP - Shares of Walter Energy Inc. are poised to climb with rising metallurgical coal prices, said an analyst Monday as he upgraded the coal producer's stock.
Oil prices rise but stay below $72
(AFP)
8 Feb 2010 at 8:53am
AFP - Oil prices rose on Monday after a massive selloff last week triggered by weak US jobs data and debt woes in the eurozone, traders said.
Euro zone debt worries sink Dow below 10,000
(Reuters)
8 Feb 2010 at 2:31pm
Reuters - The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.
Kuwait to post 24 billion-dollar budget surplus: forecast
(AFP)
7 Feb 2010 at 1:24pm
AFP - Kuwait is set to post a surplus of 24 billion dollars in the current fiscal year on the back of higher oil prices, despite projecting a shortfall, an economic report forecast on Sunday.
Average gas prices down 5.76 cents nationwide
(AP)
7 Feb 2010 at 11:18am
AP - The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.
Nigerian militants claim attack on Shell pipeline
(AP)
7 Feb 2010 at 10:44am
AP - A Nigerian militant group claims to have attacked an oil pipeline operated by Royal Dutch Shell PLC in the Niger Delta but oil company officials could not confirm the attack.
In Utah, company aims to store energy in air
(AP)
7 Feb 2010 at 9:24am
AP - A Utah company plans to dig a series of underground caverns that it hopes to one day fill with compressed air, releasing it to generate electricity by turning a turbine and solving one of the most vexing problems facing the clean-energy industry — how to store power.
Italy's ENI withdraws Uganda oil reserves bid
(AFP)
6 Feb 2010 at 11:25am
AFP - Italy's ENI has withdrawn a bid to buy Ugandan oil reserves currently controlled by Canada's Heritage Oil after Britain's Tullow invoked preemption rights, Dow Jones reported Saturday.
Feds take deliberate approach of oil shale leasing
(AP)
5 Feb 2010 at 4:22pm
AP - Concerns and conflict over the first round of federal oil shale leases in the Rockies have made the government more deliberate in the second round, a federal official said Friday.
BJ Services declares dividend of 5 cents per share
(AP)
5 Feb 2010 at 3:33pm
AP - BJ Services Co., which provides help to oil and gas drilling operators, has declared a quarterly dividend of 5 cents per share.
Coal industry balks at proposal for higher taxes
(AP)
5 Feb 2010 at 11:55am
AP - Coal companies are objecting to an Obama administration proposal that could raise their state taxes to cover the cost of regulating surface mining.
Rig count rises by 18
(AP)
5 Feb 2010 at 11:51am
AP - The number of rigs actively exploring for oil and natural gas in the U.S. rose by 18 this week to 1,335.
|
