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Tue, 09 Feb 2010 05:07:36 GMT

FILE - In this Jan. 5, 2010 file photo, Jason Kilpatrick of Wholesale Fuel hauls a hose across a snow covered yard while delivering home heating oil in Framingham, Mass. Natural gas prices climbed Monday, Feb. 8 as another winter storm was expected to dump even more snow on the East Coast. (AP Photo/Charles Krupa, File)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.


Mon, 08 Feb 2010 23:03:52 GMT
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.
Mon, 08 Feb 2010 19:32:07 GMT

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.(ADCO)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.


Mon, 08 Feb 2010 16:59:15 GMT
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.
Mon, 08 Feb 2010 16:53:43 GMT

Petrols pumps at a Shell petrol station in east London. Oil prices rose after a massive selloff last week triggered by weak US jobs data and debt woes in the eurozone.(AFP/File/Shaun Curry)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.


Mon, 08 Feb 2010 22:31:11 GMT

Traders work on the floor of the New York Stock Exchange in this October 30, 2009 file photo. REUTERS/Brendan McDermidReuters - 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.


Sun, 07 Feb 2010 21:24:29 GMT

Kuwait City's banking complex is decorated with lights and the national flag in 2009. 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.(AFP/File/Yasser al-Zayyat)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.


Sun, 07 Feb 2010 19:18:05 GMT

Shai Agassi, Better Place founder and chief executive, walks in front of an electric car during the inauguration of a new vehicle demonstration center in the Israeli city of Tel Aviv February 7, 2010. Better Place's concept is for battery-swapping stations to complement a network of charge spots so electric cars such as partner Renault's planned Zoe can extend its range without the need of an additional back-up engine that burns fossil fuel.    REUTERS/Gil Cohen Magen (ISRAEL - Tags: TRANSPORT ENERGY BUSINESS)AP - The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.


Sun, 07 Feb 2010 18:44:03 GMT

Gas flaring at an oil platform in the Niger Delta, Nigeria. Proceeds from Nigeria's excess crude oil has sharply fallen as the government dipped into the account to cope with the global financial crisis, an official said on Monday.(AFP/File/Pius Utomi Ekpei)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.


Sun, 07 Feb 2010 17:24:58 GMT
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.
Sat, 06 Feb 2010 19:25:35 GMT

The logo of Italian energy giant ENI. 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.(AFP/File/Damien Meyer)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.


Sat, 06 Feb 2010 00:22:38 GMT
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.
Fri, 05 Feb 2010 23:33:43 GMT
AP - BJ Services Co., which provides help to oil and gas drilling operators, has declared a quarterly dividend of 5 cents per share.
Fri, 05 Feb 2010 19:55:29 GMT
AP - Coal companies are objecting to an Obama administration proposal that could raise their state taxes to cover the cost of regulating surface mining.
Fri, 05 Feb 2010 19:51:06 GMT
AP - The number of rigs actively exploring for oil and natural gas in the U.S. rose by 18 this week to 1,335.
Fri, 05 Feb 2010 19:07:01 GMT

A map of northern Europe showing the route of the planned South Stream and Nabucco gas pipelines. Serbia's state-run gas company and Russia's Gazprom on Friday founded a joint venture to manage an underground gas storage as a part of future South Stream pipeline through the Balkan republic, Beta news agency reported.(AFP/Graphic)AFP - Serbia's state-run gas company and Russia's Gazprom on Friday founded a joint venture to manage an underground gas storage as a part of future South Stream pipeline through the Balkan republic, Beta news agency reported.


Fri, 05 Feb 2010 19:02:36 GMT

FILE - In this May 6, 2009 file photo, Watt-hour meters track electricity used by residents of an apartment building in St. Marys, Pa. The electricity is fed by Allegheny Power, part of Allegheny Energy which provides electrical power to customers in Maryland, Pennsylvania, West Virginia, and Virginia. Allegheny Energy Inc., an electricity and natural gas provider, said Friday, Feb. 5, 2010, its fourth-quarter profit jumped as fuel costs dropped and revenue rose on more third-party sales and higher generation rates.(AP Photo/J. Scott Applewhite)AP - Allegheny Energy Inc., an electricity and natural gas provider, said Friday its fourth-quarter profit jumped as fuel costs dropped and revenue rose on more third-party sales and higher generation rates.


Fri, 05 Feb 2010 19:00:46 GMT
AP - Natural gas transport and storage company Spectra Energy Partners LP said Friday its fourth-quarter profit rose as it benefited from acquisitions and the performance of other business operations.
Fri, 05 Feb 2010 18:47:10 GMT
AP - A sheen remains on a Port Arthur waterway nearly two weeks after a tanker collision that dumped 462,000 gallons of oil.
Fri, 05 Feb 2010 09:23:45 GMT

The BSE Sensex is displayed on the facade of the Bombay Stock Exchange building in Mumbai in this October 23, 2007 file photo. REUTERS/Punit Paranjpe/FilesReuters - The BSE Sensex fell more than 2 percent on Friday afternoon, as Europe's sovereign debt, indications of weak U.S. jobs data and a crash in commodity and energy prices raised fresh concerns over global economic recovery. The domestic markets have also taken the brunt of selling by foreign funds, which had earlier invested in emerging markets after borrowing in cheaper dollars.


 
 

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