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Yahoo! News: Business - Energy & Oil Industry
Business - Energy & Oil Industry
Sierra Club Received Millions from Natural Gas Industry
(ContributorNetw...
5 Feb 2012 at 1:26pm
ContributorNetwork - According to a blog post from Sierra Club Executive Director Michael Brune, the environmentalist organization accepted millions of donated dollars from the natural gas industry to fight against coal-fired plants nationwide. Here are the details.
Nigeria oil line on fire; militants claim attack
(AP)
5 Feb 2012 at 6:52am
AP - An Eni SpA oil pipeline ruptured and caught fire as a militant group claimed responsibility for an attack in the region, their first alleged assault in months as its purported leader awaits trial on terrorism charges in South Africa.
Blast hits Egypt's gas pipeline to Israel
(Reuters)
5 Feb 2012 at 4:19am
Reuters - An explosion hit a gas pipeline running from Egypt to Israel Sunday, the latest in a series of attacks on the installation that crosses the increasingly volatile Sinai region, witnesses and state media reported.
Militants claim attack on Nigeria Eni oil pipeline
(Reuters)
5 Feb 2012 at 3:08am
Reuters - A Nigerian militant group based in the oil-producing Niger Delta said on Sunday it had attacked an oil pipeline owned by Italian firm Eni where witnesses said there was a fire late on Saturday.
Israeli prospector says natural gas found offshore
(AP)
5 Feb 2012 at 2:57am
AP - American and Israeli gas prospectors say they have discovered a large amount of offshore natural gas in Israeli waters near the Lebanese border.
Egypt to try 19 Americans in case straining ties
(AP)
5 Feb 2012 at 3:24pm
AP - Ignoring a U.S. threat to cut off aid, Egypt on Sunday referred 19 Americans and 24 other employees of nonprofit groups to trial before a criminal court on accusations they illegally used foreign funds to foment unrest in the country.
Russia admits brief cut of gas supplies to Europe
(AP)
4 Feb 2012 at 6:25am
AP - Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold.
Iran says oil ban will not halt nuclear work
(Reuters)
4 Feb 2012 at 5:43am
Reuters - Iran's oil minister said the Islamic state would not retreat from its nuclear program even if its crude oil exports grind to a halt, the official IRNA news agency reported on Saturday.
Iran launches new military exercises
(AP)
4 Feb 2012 at 11:03am
AP - Iran began ground military exercises Saturday and defiantly warned that it could cut off oil exports to "hostile" European nations as tensions rise over suggestions that military strikes are an increasing possibility if sanctions fail to rein in the Islamic Republic's nuclear program.
Canadian PM to visit China next week
(AP)
3 Feb 2012 at 4:16pm
AP - Canada's prime minister heads to China next week where he'll discuss Canada's vast oil reserves in a visit that's being viewed as an "open warning" to the United States, which rejected a pipeline from Canada to Texas.
Weekly US oil, gas rig count down 11 to 1,997
(AP)
3 Feb 2012 at 4:08pm
AP - The number of rigs actively exploring for oil and natural gas in the U.S. is down 11 this week to 1,997.
Canada, Alberta seek to assuage oil sands critics
(Reuters)
3 Feb 2012 at 3:10pm
Reuters - Canada will set up a new environmental monitoring system for the northern Alberta oil sands as it seeks to fend off harsh international criticism following revelations that oversight of the huge petroleum development has been insufficient.
Oil prices rise after drop in US hiring expands
(AP)
3 Feb 2012 at 12:56pm
AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.
Oil risks fuelling flames of Sudan conflict
(Reuters)
3 Feb 2012 at 9:58am
Reuters - South Sudan's oil minister was riled when he discovered production from one of his remote oil fields was out by 40,000 barrels per day, and immediately knew who to blame.
Imperial launches C$2 billion oil sands expansion
(Reuters)
3 Feb 2012 at 8:27am
Reuters - Imperial Oil Ltd said on Friday it will go ahead with a C$2 billion ($2 billion) expansion of its Cold Lake oil sands project, adding 40,000 barrels per day of new production to Canada's largest thermal oil sands development.
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