Thursday, January 24, 2008

Hyundai Motor 4Q profit falls 31 pct (Oil)


Hyundai Motor 4Q profit falls 31 pct
BusinessWeek - Top News News Archive Special Reports Columnists Newsmaker Videos Newsletters The Debate Room Blogs Investing Investing Home Markets Hyundai expressed confidence about 2008, saying the effects of a possible global economic downturn and higher oil prices can

Smart Balance Announces Executive Appointments
Forbes - Smart Balance(R) Buttery Spreads, Milk, Butter Blend Sticks, Cream Cheese, Peanut Butter, Microwave Popcorn, Cooking Oil News & Analysis

Europe Commodities Day Ahead: Oil, Copper, Corn Advance
Bloomberg - Oil, Copper, Corn Advance Jan. 24 (Bloomberg) -- Crude oil and copper rose, and corn gained for the first day in seven on More News

ION Completes Acquisition of Northeast AtlanticSPAN
Forbes - A new basin-scale program was needed to help oil and gas companies thoroughly investigate the region's hydrocarbon potential News & Analysis

Stocks extend gains amid economy hopes
MSNBC - The jobs news comes in a week in which investors worldwide have given in to fears of a U.S. recession that could affect Oil prices higher after slipping more than $2

ACOR Is Optimistic About 2008 Earnings Potential - 2 New Fields Coming
MSN MoneyCentral - factors, the ability to successfully complete additional financings and other risks. Contact Information: Australian-Canadian Oil Royalties Ltd. Investor Relations, 254-442-2638 acor@classicnet.net Copyright 2008 BusinessWire Back to News Home

ArvinMeritor gets HIP to smart systems(TM) -- Announces Contract with
Forbes - and supply due to terrorist attacks or acts of aggression); availability and cost of raw materials, including steel and oil News & Analysis

Cambridge Energy Alliance Selects ConEdison Solutions for Its New
MSN MoneyCentral - that will be the primary direct marketers and providers of services that will save electricity, natural gas, heating oil or The Marino Organization Julia Winkler, 212-889-0808 x116 julia@themarino.org Copyright 2008 BusinessWire Back to News Home

Oil, gasoline inventories rose last week
MSN MoneyCentral - ConocoPhillips ( COP ) Stock Quote , Chart , News , Add to Watchlist WASHINGTON (AP) - Crude-oil inventories rose last week for the second straight period after eight straight weekly draws, according to government data published Thursday. For the

Tuesday, January 15, 2008

Bush wants OPEC nations to increase oil output; says high prices could (Oil discovery)


Bush wants OPEC nations to increase oil output; says high prices could
Minneapolis Star Tribune - President Bush urged OPEC nations on Tuesday to put more oil on the world market and warned that soaring prices could cause an economic slowdown in the United States. "High energy prices can damage consuming economies," the president told a small

India must tackle oil, infrastructure woes - World Bank
Reuters India - NEW DELHI (Reuters) - India needs to alleviate infrastructure constraints if it wants to sustain economic growth of 9 percent and should let the impact of record oil prices feed through to the economy, a senior World Bank official said. Shanta

Saudi Arabia will raise oil output if justified - minister UPDATE
CNBC - We will raise production when the market justifies it, this is our policy," he said shortly after US President George Bush urged producers to take action over the "very high" oil prices. "OPEC in its forthcoming meeting will of course look at all the

Discussing oil, markets & currencies, with Sara Nunnally, Material
CNBC - Royal Dutch Shell execs have been talking about the impact of high oil prices on future energy projects--but the company continues to press on with plans despite headwinds facing the sector Read More

High oil prices tough on economy: Bush
Reuters - RIYADH (Reuters) - President George W. Bush said on Tuesday oil prices were "very high" and tough for the U.S. economy to bear. He said he would discuss the issue with the king of OPEC powerhouse Saudi Arabia. Oil prices are around $95 a barrel. The

Exelon Corporation Company Profile - View Exelon Corporation (EXC
Philadelphia Business Journal - About Exelon Corporation Exelon Corporation is one of the nation see higher taxes yet [Denver] Abraxas adopts 2008 budget for oil and gas projects [San Antonio] NW Natural helps develop California gas storage site [Portland] Natural gas prices up

U. S. Trade Deficit Widens in Latest Report
WREG - Record imports and surging oil prices helped widen the U.S. trade deficit much more than expected in November to $63.1 billion, despite a ninth consecutive month of record exports, a U.S. Commerce Department report on Friday showed. Record imports

Saturday, December 15, 2007

U.N. team to assess oil spill impact in South Korea (Oil prices)


U.N. team to assess oil spill impact in South Korea
Xinhua News Agency - GENEVA, Dec. 14 (Xinhua) -- A U.N.-led expert team is being deployed to South Korea to assess the impact of a major oil spill that occurred there last week, the United Nations said on Friday. The team, composed of eight experts from the United

Energy fuels consumer costs
Chicago Tribune - Bloomberg News December 15, 2007 report showed energy prices jumped 5.7 percent in November, with gasoline prices climbing 9.3 percent and heating oil costs

Bribery probes seen changing oil services business
Reuters - High oil prices have triggered a rush to secure access to fields in countries where bribery of officials is often considered Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news

Canadians snapping up American homes
BusinessWeek - Top News News Archive News Search Special Reports Columnists Newsmaker Videos Newsletters The Debate Room Blogs Investing Investing three-and-a-half-hour flight from Phoenix, is experiencing a modern-day gold rush from booming work in its vast oil sands.

Oil and gas exploration agreement signed
Malta Independent Daily - NEWS • An agreement for the exploration and production of oil and offshore gas in two offshore areas totalling 18,999 square

Thursday, October 18, 2007

Europe's Trade Gap With China Jumps 25%, Fueling G-7 Tensions (Oil prices)


Europe's Trade Gap With China Jumps 25%, Fueling G-7 Tensions
Bloomberg - While France has led the charge against the strength of the euro, other countries have added their voices in recent weeks, concerned that the currency's gains will further impede an economy already confronted by a rise in credit costs and record oil

Let's pretend''-How To Explain the Family Budget to Your Kids from
Forbes - You already have a car -- after all, we're just pretending -- but gasoline sets you back around $15 a week (we'll assume you learn how to change your own oil). There's also the not-so-small matter of car insurance, at $1,500-plus per year for someone

Thursday, August 30, 2007

Energy Midday Roundup: Oil Prices Climb (Oil discovery)


Energy Midday Roundup: Oil Prices Climb
CNBC - NEW YORK - Following is a summary of top stories in the energy sector at midday Wednesday. Oil Inventories Take a Big Drop Gasoline prices rose overnight for the first time in weeks, and energy futures jumped after the government reported larger-than

Europe rebounds amid markets slump
Worldnews.com - Oil rebounds as storm approaches Gulf CNN Oil rebounds from steep selloff Recovery in global markets , Hurricane Dean pushes up crude prices just a day after tumbling over $2 a barrel. August 17 2007: 5:54 AM EDT LONDON (Reuters) -- Oil prices rose

What's New Now
Baseline - Rocketing oil prices are driving the nation's big oil companies to record profits, but even among this powerful group, one stands out: ExxonMobil. Not only does it invest heavily in technology that give it an edge in finding oil and gas, it keeps

Palm Oil Futures in Malaysia Rise on Concern Declines Overdone
Bloomberg - An increase in crude oil prices also helped boost the appeal of palm oil, which can be mixed with diesel to stretch fossil fuel supplies. Crude oil for October delivery gained 15 cents to $73.66 a barrel in electronic trading on the New York

Latest News
dBusinessNews.com - Avalon Announces Purchase Leasehold in Noble County, Oklahoma MINNEAPOLIS -- Avalon Oil & Gas, Inc., (OTCBB:AOGN General Mills Prices $700 Million Five-Year Note Offering MINNEAPOLIS -- General Mills, Inc. (NYSE:GIS) today announced the

Volume 18, Issue 33
Timberjay Newspapers - An obvious place to start is with big oil, which has been raking in record profits with the spike in gas prices. Congress should enact a windfall profits tax and dedicate a portion of those proceeds to infrastructure repairs and improvement. It could

Water Shortages: Investment Opportunities?
MSNBC - Aug. 20-27, 2007 issue - The new oil may be water. According to Global Water Intelligence, a U.K. consultancy, by December Utilities are less attractive, because water prices anywhere are usually regulated by the government and not subject to market

Oil steady at mid-US$73 a barrel after rise overnight crude dips 1
MSN UK News - Oil prices were steady Thursday after jumping in the previous session on unexpected declines in U.S. refinery utilization rates and crude and gasoline inventories. Light, sweet crude for October delivery fell 1 cent to US$73.50 a barrel in Asian

Thursday, August 23, 2007

Crude oil prices drop further (Oil discovery)


Crude oil prices drop further
Raleigh News & Observer - NEW YORK - Crude oil futures slipped further below $70 a barrel Wednesday after the government surprised traders with news that U.S. crude inventories rose last week. The sell-off was small, though, as traders monitored Hurricane Dean, which struck

Santos First-Half Profit Falls 29% on Charge, Dollar (Update4)
Bloomberg - Aug. 23 (Bloomberg) -- Santos Ltd., Australia's third- biggest oil and gas producer, said first-half profit fell 29 percent More News

Chad agrees to transparency program for oil revenues
MSN UK News - Chad, one of Africa's newest oil producers, said Thursday it will adhere to a program that puts pressure on governments to Why living in Britain is not so bad MSN UK News looks at the reasons why living in Britain is better than we're often led to

Motor oil can cause health problems
News 14 - LOCAL NEWS It is important to keep motor oil off your hands because researchers have discovered that it can cause cancer in animals.

Wednesday, August 22, 2007

A Clean Car That Runs on Coal (Oil prices)


A Clean Car That Runs on Coal
MSNBC - For two decades, until 2003, oil prices averaged $25 a barrel, making $45-a-barrel liquid coal out of the question economically. But now, with oil prices staying consistently above the $60-a-barrel mark and the environment high on everyone's agenda

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Ahead of the Bell: Oil Inventory
Forbes - Crude oil prices dropped below $70 a barrel to an eight-week low Tuesday, after Hurricane Dean weakened and it appeared the storm might not have a long-term impact on Mexican oil production. Light, sweet crude oil for September delivery lost $1.65 to

Euroshares outlook - choppy after mixed Wall St, oil price falls
Forbes - The oil sector will also be in focus today after crude oil prices dropped to an eight-week low, below 70 usd per barrel, overnight and ahead of US stockpile data later. In Asia, crude prices were firmer but failed to recover all the ground lost in US

Thomson Financial Europe AM at a glance share guide: Shares, oil trade
CNBC - Crude oil prices were firmer in Asian trade Wednesday on bargain-hunting after overnight falls on easing concerns as vital US energy facilities were spared from Hurricane Dean's fury. Brent North Sea crude for October delivery gained 17 cents to 68

Suit: Oil giants fixed prices for 23,000 gas station owners
USA Today - SAN FRANCISCO (AP) — Nearly two dozen gas station owners in California sued Shell Oil, Chevron (CVX) and Saudi Refining, on Tuesday, claiming the companies conspired to fix prices for 23,000 franchise owners nationwide. The case filed in U.S

Bet for Uneven Seas: Try Oil
Wall Street Journal - Investors have been fleeing risky investments, but that doesn't mean oil futures will tank along with other ailing assets. Analysts and traders cite a host of reasons why -- despite a rocky August so far -- crude-oil prices could stay relatively high

Columns by Edward Lotterman
Idaho Statesman - Thieves are cashing in on increasing prices for metals Lotterman: Question of fairness in taxation is never off the table Now is Recycling oil industry's cash still presents a challenge Lotterman: We must curtail demand for drugs, not just supply