OilMin for compensating PSU oil retailers The Times Of India NEW DELHI: After Finance Minister Pranab Mukherjee altered duties on auto fuels to raise revenues, the Oil Ministry is pressing for new ways to compensate state- owned retailers for losses they suffer on selling fuel below cost price. | Oil Secretary S Sundareshan said maintaining the financial heal...
Oil Drifts Near $81 Amid Mixed US Inventory Data The New York Times | Filed at 4:07 a.m. ET | SINGAPORE (AP) -- Oil prices drifted down to near $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand. | Benchmark crude for April delivery was down 38 cents to $81.11 a barrel at late afternoon Singapore time in electronic trading on...
Public voices concern on gas storage The Press Democrat | Henry Gas Storage hopes to build four natural gas caverns in the dome and construct about 12 miles of new natural gas pipelines in the area. | Tuesday's hearing, hosted by the Louisiana Department of Environmental Quality, was part of the permittin...
UPDATE 1-Gazprom Neft urges Russia to revamp oil tax The Guardian * CFO says new, profit-based tax needed * 2010 organic investments rising 50 percent to $3.9 bln * Expects 2010 hydrocarbon output to increase 1.6 percent * In talks for $1 bln syndicated loan (Adds details, quotes, background) By Katya Golubkova MOS...
Jordan bans reporting on oil bribery case Khaleej Times AMMAN - Jordan's military court has banned all news reports on a case of alleged graft at the country's sole oil refinery, Petra news agency said on Wednesday. | 'State security court attorney general Yousef Faouri issued a decision on Tuesday bannin...
WN / Geeta
Oil hovers below $82 after month-long runup The Siasat Daily | Singapore, March 09: Oil prices hovered below $82 a barrel Tuesday in Asia, losing momentum after a month-long run-up fuelled by growing investor optimism about global economic g...
Oil firms raise fuel prices 25 to 50 centavos per liter Inquirer | Most Read Business Gokongwei's Cebu Pacific to go public Warning against fraud, PDIC denies more deposit claims US stocks end mixed after big rally Save or pay off debt? What to ...
Gas in Georgia up to $2.66 a gallon The Business Review Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: ...
Oil drifts near $81 amid mixed US inventory data Kansas City Star Related: | More News | Oil prices drifted down to near $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand. | Benchmark crude for April delivery was down 38 cents to $81.11 a barrel at late afternoon Singapore ...
(photo: Creative Commons Attribution ShareAlike 3.0 / Stan Shebs)
Government must take back control of North Sea oil and gas production The Guardian | Professor Peter Odell, adviser to OPEC, says state authority would ensure oil companies work in the national interest | Government needs to maximise remaining North Sea oil reserves. Photograph: Robert Garvey/Corbis | Ministers must wrench back control of and gas production from the private sector if Britain is to maximise the value of the remain...
Chevron to seek UK refinery sale, cut 2,000 jobs The Guardian * Chevron to cut 2,000 downstream jobs in 2010 * To seek bids for UK refinery, other downstream ops * Shares down 0.2 percent in early trading (Adds quote, detail, background, byline, updates share price) By Braden Reddall NEW YORK, March 9 (Reuters) - Chevron Corp, the second-largest U.S. oil company, said it planned to put several downstream oper...