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- Fri, 10 Oct 2008 16:10:00 GMT
Oil pares losses after fall below $80
By Jane Merriman LONDON (Reuters) - Oil pared losses on Friday after a fall of more than $7 to below $80 a barrel for the first time in a year, pummeled by expectations that fuel demand growth will shrivel if the credit crisis pushes the world into More...
Reuters - Fri, 10 Oct 2008 16:10:00 GMT
US official: Central Asia gas deal is close
ROME -- A U.S. official said Friday that a deal may be reached soon allowing natural gas from ex-Soviet nations to reach western Europe without crossing Russian territory. The U.S. special envoy for Eurasian energy issues, C. Boyden Gray, told reporters More...
Washington Post - Fri, 10 Oct 2008 16:09:00 GMT
Research and Markets: Canada Investment in Non-Conventional Oil and Gas Extraction Will Hit C$19.7 Billion (US$19.56 Billion) in 2008
DUBLIN, Ireland - (Business Wire) Research and Markets (http://www.researchandmarkets.com/research/7417f0/north_america_oil) has announced the addition of the 'North America Oil & Gas Sectors: A Company and Industry Analysis (June 2008)' report to their More...
Earthtimes.org - Fri, 10 Oct 2008 16:08:00 GMT
Research and Markets: Canada Investment in Non-Conventional Oil and Gas Extraction Will Hit C$19.7 Billion (US$19.56 Billion) in 2008
DUBLIN, Ireland--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/7417f0/north_america_oil) has announced the addition of the 'North America Oil & Gas Sectors: A Company and Industry Analysis (June 2008)' report to their More...
Street Insider - Fri, 10 Oct 2008 16:03:00 GMT
Petrobras plans well test in Campos basin
Brazils Petrobras plans to carry out an extended well test on Carapicu, a Campos basin heavy oilfield in 2013 using a dynamically-positioned floating production, storage and offloading vessel currently under construction by Brazilian contractor More...
Upstreamonline.com - Fri, 10 Oct 2008 16:03:00 GMT
UPDATE 9-Oil pares losses after fall below $80
* IEA cuts 2008, 2009 world demand growth forecasts * OPEC to hold emergency meeting on Nov. 18 (Updates prices) LONDON, Oct 10 (Reuters) - Oil pared losses on Friday after a fall of more than $7 to below $80 a barrel for the first time in a year, More...
Nine MSN Money - Fri, 10 Oct 2008 16:01:00 GMT
Toronto stock index sinks as oil drops
TORONTO (Reuters) - The Toronto Stock Exchange's main index dropped on Friday morning as oil slid to $82 a barrel on fears demand will shrink if the world economy goes into recession, pulling down energy shares.An announcement that Canada will buy up to More...
Globe Investor - Fri, 10 Oct 2008 15:59:00 GMT
Oil pares losses after fall below $80
By Jane MerrimanLONDON (Reuters) - Oil pared losses on Friday after a fall of more than $7 to below $80 a barrel for the first time in a year, pummeled by expectations that fuel demand growth will shrivel if the credit crisis pushes the world into More...
Globe Investor - Fri, 10 Oct 2008 15:59:00 GMT
Iran Flexes Its Pricing Power In Arab Gas Deal
Oil prices may be softening, but the price of natural gas is climbing sharply in the Persian Gulf, thanks to the booming economies of the Arab petro-states. Iran looks set to squeeze the region's highest wholesale gas prices from the United Arab Emirates More...
Energia.gr - Fri, 10 Oct 2008 15:59:00 GMT
Azerbaijan Plans To Build Refinery By 2018 For Kazakh Oil
Azerbaijan plans to build a $4 billion oil refinery by 2018 to process Kazakh crude oil, an official of Azerbaijan's state oil company told an energy conference Thursday. Vidadi Rustamov, deputy head of operations at State Oil Company of Azerbaijan More...
Energia.gr - Fri, 10 Oct 2008 15:59:00 GMT
Chevron Puts 3Q Net Above 2Q On Stronger Refining Results>CVX
Chevron Corp. (CVX) expects to report third-quarter earnings that exceeded the previous quarter's on significantly better results in its downstream refining and marketing operations. Earnings from its upstream business, which includes exploration and More...
Energia.gr - Fri, 10 Oct 2008 15:59:00 GMT
BP Restarts Oil Output At 300,000B/D West Azeri Platform
BP PLC (BP) Thursday night restarted oil production at the 300,000 barrel a day capacity West Azeri oil platform, on Azerbaijan's Azeri-Chirag-Gunashli field, a spokeswoman for the company said Friday. The Central Azeri platform on the same field, with More...
Energia.gr - Fri, 10 Oct 2008 15:58:00 GMT
Oil Demand Growth Heads To 15-Yr Low On Fincl Woes
The International Energy Agency on Friday warned that global oil demand this year is on course to register its weakest growth in 15 years and is likely to log similarly anemic growth in 2009 as the world's financial woes eat away economic activity. The More...
Energia.gr - Fri, 10 Oct 2008 15:58:00 GMT
Stock market mayhem deepens; oil price slides, gold surges, C$ slumps
Extract not available. More...
Ein News - Fri, 10 Oct 2008 15:58:00 GMT
Inquiry slams operator over WA gas blast
Extract not available. More...
Financial Review - Fri, 10 Oct 2008 15:58:00 GMT
Stock market mayhem deepens: oil price slides, C$ slump continues
Extract not available. More...
Ein News - Fri, 10 Oct 2008 15:58:00 GMT
Oil falls near 13-month low on global slowdown
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Washington Post - Fri, 10 Oct 2008 15:58:00 GMT
Iran Oil Min: OPEC May Hold Mid-Nov Emergency Mtg
Iran's oil minister said Thursday the Organization of Petroleum Exporting Countries may hold an emergency meeting in mid-November, the state IRNA news agency reported. Iranian Oil Minister Gholam Hossein Nozari said OPEC members have begun consulting More...
Energia.gr - Fri, 10 Oct 2008 15:58:00 GMT
Crude Crashes to 12-Month Low; Oil Inventories Rise by 8.1m
saw the price of crude hit a 12-month low; a statistic that became an inevitability rather than a probability in recent weeks. The new low may also be the final straw for OPEC, forcing them to take a more direct approach to dealing with the plummeting More...
OilVoice - Fri, 10 Oct 2008 15:57:00 GMT
TNK-BP:To Invest In Ukraine's Refinery, Eyes Upstream Options
Despite the current financial crisis, Anglo-Russian oil joint venture TNK-BP (TNBP.RS) is still ready to modernize its refinery in Ukraine and is studying options to expand its upstream business in the country, Sergey Lisunov, the president of TNK-BP More...
Energia.gr - Fri, 10 Oct 2008 15:56:00 GMT
Toronto stock index sinks as oil drops
TORONTO (Reuters) - The Toronto Stock Exchange's main index dropped on Friday morning as oil slid to $82 a barrel on fears demand will shrink if the world economy goes into recession, pulling down energy shares. An announcement that Canada will buy up to More...
Yahoo! Canada - Fri, 10 Oct 2008 15:55:00 GMT
Oil near $83 after fall to 12-month low
General view of the Tema oil refinery near Ghana's capital Accra in this file photo from March 28, 2005. (REUTERS/Yaw Bibini) Email | Print | Single Page | | Text size ? + LONDON (Reuters) - Oil pared losses on Friday after a fall of more than $7 to More...
Boston Globe - Fri, 10 Oct 2008 15:55:00 GMT
US Official: Central Asia Gas Deal Is Close
A U.S. official said Friday that a deal may be reached soon allowing natural gas from ex-Soviet nations to reach western Europe without crossing Russian territory. The U.S. special envoy for Eurasian energy issues, C. Boyden Gray, told reporters in Rome More...
ABC News - Fri, 10 Oct 2008 15:55:00 GMT
Pemex Restores 250,000 B/D Crude Shut-In By Ike
Mexican state oil firm Petroleos Mexicanos has restored 250,000 barrels a day of crude that it was forced to shut in on Sept. 23 because storm-battered U.S. refineries had to cancel crude shipments, Pemex said Thursday. The export problems saturated More...
Rigzone - Fri, 10 Oct 2008 15:53:00 GMT
Oil prices plummet to a one-year low
LONDON - Oil prices tumbled to a one-year low below $83 a barrel Friday in European trading as fears mounted that governments around the world would be unable to keep the ongoing financial crisis from causing a severe global economic downturn. Light, More...
MSNBC - Fri, 10 Oct 2008 15:52:00 GMT
Pakistan, Iran Say Willing To Proceed With Gas Pipeline
ISLAMABAD (AFP)--Pakistan and Iran on Friday said they were willing to undertake bilaterally a stalled multi-billion-dollar gas pipeline even if India does not join the project. The pipeline, to carry gas from Iran to Pakistan and India, was first mooted More...
Lloyd's - Fri, 10 Oct 2008 15:50:00 GMT
Crude oil plummets below US$80 a barrel on global slowdown fears
NEW YORK - Oil prices plummeted below US$80 a barrel Friday as fears of a severe global economic slump provoked a panicked sell-off. Light sweet crude for November delivery was down $6.52 at US$80.07 a barrel on the New York Mercantile Exchange after More...
Yahoo! Canada - Fri, 10 Oct 2008 15:50:00 GMT
American trade deficit shrinks to $59.1B in August as oil imports fade
WASHINGTON - The U.S. trade deficit shrank slightly in August, reflecting a drop in inflows of foreign oil from record levels. But the politically sensitive deficit with China increased as imports from that country hit an all-time high. The Commerce More...
Yahoo! Canada - Fri, 10 Oct 2008 15:49:00 GMT
2nd UPDATE:Oil Demand Growth Heads To 15-Year Low On Financial Woes
(Adds details on China demand, non-OPEC supply and background) By Spencer Swartz Of DOW JONES NEWSWIRES LONDON--The International Energy Agency on Friday warned that global oil demand this year is on course to register its weakest growth in 15 years and More...
Lloyd's - Fri, 10 Oct 2008 15:49:00 GMT
Libya Cuts Oil Sales To Switzerland, Pulls Bank Deposits
TRIPOLI (AFP)--Libya has decided to halt oil deliveries to Switzerland and withdraw its funds from Swiss banks in protest at the brief detention in Geneva in July of a son of its leader Moammar Gadhafi, the official news agency said. Libya 'has decided More...
Lloyd's - Fri, 10 Oct 2008 15:49:00 GMT
