Oil and Gas
35081 Stories, most recent news story added Fri Dec 4, 10:21 am ET
News Stories
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BP’s Pipeline Spills Crude Oil, Natural Gas in Alaska (Update2)
Bloomberg - Mon Nov 30, 6:37 am ETNov. 30 (Bloomberg) -- A crude oil and natural gas pipeline spilled an unknown amount of hydrocarbons at BP Plc’s Prudhoe Bay field in Alaska, state regulators said.
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Gasoline Stocks Sucker Punch Energy Prices
Rigzone - Wed Dec 2, 5:27 pm ETToday, the U.S. Energy Information Administration released its weekly inventory report, which indicated that gasoline stocks rose more than anticipated due to slackened gasoline demand.
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Crude oil stockpiles increased 2.1 million barrels
Rocky Mount Telegram - Wed Dec 2, 10:44 am ETNEW YORK — Crude inventories and gasoline supplies both rose last week, the government said We...
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RedChip Visibility Raises Target Price and Reaffirms Strong Buy Rating in Research Note Issued on Longwei Petroleum
GlobeNewswire via Yahoo! Finance - Thu Dec 3, 1:15 pm ETORLANDO, Fla. -- RedChip Visibility, a division of RedChip Companies, Inc., today announced it has issued a first quarter fiscal year 2010 research note on Longwei Petroleum Investment Holding Ltd. , a diesel, gasoline, fuel oil, and solvent oil distributor operating in China's Shanxi Province.
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Oil Rises Above $77 as Hedging Demand Overrides Supply Concern
Bloomberg - Thu Dec 3, 9:28 am ETDec. 3 (Bloomberg) -- Crude oil rose above $77 a barrel in New York as the dollar weakened, spurring investor demand for commodities to hedge against inflation.
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Oil Trades Near $77 as Dollar Slips on U.S. Economic Expansion
Bloomberg - Thu Dec 3, 3:30 am ETDec. 3 (Bloomberg) -- Crude oil traded near $77 a barrel in New York as the dollar weakened, spurring investor demand for commodities as a hedge against inflation.
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Retirement prompts changes at Marathon Petroleum Co.
The Findlay Courier - Fri Dec 4, 12:52 am ETAn upcoming retirement at Marathon Petroleum Co., effective Jan. 1, will prompt some changes in management at the company.
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Oil Falls a Third Day as U.S. Services Data Fans Demand Concern
Bloomberg - Fri Dec 4, 3:16 am ETDec. 4 (Bloomberg) -- Crude oil fell for a third day after a report showed service industries in the U.S. unexpectedly contracted in November, raising concern fuel demand may be slow to recover from the worst recession since World War II.
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China North East Petroleum Subsidiary Tiancheng Orders New Deep Well Drilling Rig
PR Newswire via Yahoo! Finance - Fri Dec 4, 8:45 am ETChina North East Petroleum Holdings Ltd. , a leading independent oil producing and oilfield services company in Northern China, today announced that its oilfield services subsidiary, Song Yuan Tiancheng Drilling Engineering Co.
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Correction: Piracy story
AP via Yahoo! News - Fri Dec 4, 10:21 am ETIn Nov. 30 and Dec. 1 stories about the hijacking of the oil tanker Maran Centaurus, The Associated Press erroneously reported the value of the crude oil aboard.
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U.S. crude prices rise overnight
UPI - Fri Dec 4, 9:23 am ETNEW YORK, Dec. 4 (UPI) -- Crude oil prices climbed above $76 per barrel overnight Friday, although concerns of increased U.S. stockpiles weighed on the market.
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Oil Is Steady on Dollar Weakness, U.S. Industry Contraction
Bloomberg - Thu Dec 3, 4:23 pm ETDec. 3 (Bloomberg) -- Crude oil was little changed as a weaker dollar raised the appeal of commodities and a report showed service industries in the U.S. unexpectedly contracted in November, a sign that fuel demand may be slow to recover.
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Skymark Research Initiates Independent Research Coverage On China North East Petroleum Holdings Ltd.
GlobeNewswire via Yahoo! Finance - Fri Dec 4, 9:00 am ETCALGARY, Alberta -- Skymark Research, a leading provider of small- and micro-cap independent investment research, today initiated coverage on China North East Petroleum Holdings Ltd. .
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Feds: Strong petroleum supplies should keep prices down
Newsday - Wed Dec 2, 6:41 pm ETFederal energy officials issued a good news/bad news report for drivers and homeowners Wednesday: Petroleum supplies are stronger than expected, putting downward pressure on prices. But the main reason for it is weak demand as the economic recovery stumbles on. For heating fuels, a contributing factor was mild weather in November.
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EU: Somali pirates have seized a super tanker carrying crude oil from Saudi Arabia to the US
Newsday - Mon Nov 30, 4:26 am ETEU: Somali pirates have seized a super tanker carrying crude oil from Saudi Arabia to the US
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EU: Somali pirates seize tanker of crude oil heading to the US from Saudi Arabia
Minneapolis-St. Paul Star Tribune - Mon Nov 30, 4:40 am ETNAIROBI, Kenya - Somali pirates seized a tanker carrying crude oil from Saudi Arabia to the United States in the increasingly dangerous waters off East Africa, an official said Monday, an attack that could pose a huge environmental or security threat to the region.
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US OIL INVENTORIES: Sharp Rise In Crude, Gasoline Stocks
Nasdaq - Wed Dec 2, 11:02 am ETNEW YORK -(Dow Jones)- U.S. crude and gasoline inventories rose more than analysts expected in the week ended Nov. 27, according to data released Wednesday by the U.S. Department of Energy.
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Oil Drops Below $76 on Industry Report; Poised for Weekly Fall
Bloomberg - Thu Dec 3, 10:07 pm ETDec. 4 (Bloomberg) -- Crude oil dropped below $76 a barrel, poised for a weekly decline, after falling as a report showed service industries in the U.S. unexpectedly contracted in November, a sign fuel demand may be slow to recover.
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Oil Falls Below $76 on Services Report, Heads for Weekly Drop
Bloomberg - Thu Dec 3, 10:52 pm ETDec. 4 (Bloomberg) -- Crude oil dropped below $76 a barrel, poised for a weekly decline, after a report showed service industries in the U.S. unexpectedly contracted in November, a sign fuel demand may be slow to recover.
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Colonial Pipeline Limits Gasoline Supply Shipments for Cycle 70
Bloomberg - Fri Dec 4, 7:07 am ETDec. 4 (Bloomberg) -- Colonial Pipeline Co., which operates the largest pipeline linking U.S. Gulf Coast refiners and East Coast markets, will limit shipments of gasoline because orders exceed the company’s ability to deliver fuel on time.
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Golfers react to Woods situation
AP - Tue Dec 1, 12:38 am ET -
Ivorians await compensation for ecological disaster
AFP - Thu Nov 26, 6:40 am ET -
Nat Gas on the Go
CNBC - Mon Nov 23, 10:46 am ET -
Raw Video: Violent crowd turns on kidnappers
AP - Wed Nov 11, 12:17 pm ET
The Oil Drum
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The Food System and Public Policy
Fri Dec 4, 9:50 am EST -
Drumbeat: December 4, 2009
Fri Dec 4, 9:15 am EST -
IEA: Japan Will Need 85 MPG Cars to Survive
Thu Dec 3, 10:22 am EST -
Drumbeat: December 3, 2009
Thu Dec 3, 9:15 am EST
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Oil sands cleanup efforts criticized.
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ENERGY-MEXICO: Big Plans for Ethanol from Algae
IPS Inter Press Service - Development - Fri Dec 4, 7:02 am EST
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