March 9,2010 -- A subsidiary of Miller Petroleum Inc., Huntsville, Tenn., reworked and returned to production its West McArthur River Unit-5 well in Alaska’s Cook Inlet at...
March 9,2010 -- A unit of MOL Hungarian Oil & Gas PLC has gauged oil and gas at the Bijeel-1 exploratory well in Iraqi Kurdistan. ....
March 9,2010 -- The head of China's National Energy Administration, reiterating earlier remarks, announced plans to construct more LNG terminals, pipelines, and storage facilities in southern Guangdong...
March 9,2010 -- Crude prices continued climbing, up less than 1%, and natural gas prices continued falling, down more than 1% Mar. 8 in the New York...
March 9,2010 -- The European Commission has selected 31 gas and 12 electricity projects to receive grants totaling a record €2.3 billion for energy infrastructure. ....
March 9,2010 -- Robert Moore, former executive manager of the Bank of Montreal’s commodity derivatives group, agreed to pay a $150,000 fine to settle charges relating to...
March 9,2010 -- Another strike threatens France’s refining industry as workers at the 137,000-b/d Flanders Refinery at Dunkirk rejected a plan Total SA presented to a labor...
Merck & Co., Sanofi-Aventis announce merger of animal health businesses.
The President meets with Greece's Prime Minister amid call for a clampdown on speculators.
After hours: Casey's General, H&R Block, and TiVo shares fall; Cisco gets a lift.
NEW YORK, March 8 (UPI) -- Crude oil prices headed closer to $82 per barrel on the New York Mercantile Exchange Monday as confidence in the economic recovery gained strength.
NEW YORK—Oil prices struggled Monday to extend last week's rally as the euphoria of better-than-expected US jobs data faded.
Oil prices were higher on Monday, touching $US82 a barrel and extending last week's rally on positive jobs data from the US.
Oil prices climbed above 82 dollars on Monday, extending last week's rally on positive jobs data from the United States, the world's biggest energy consuming nation, analysts said.
Crude oil and gasoline prices are inching up again. A combination of reasonably upbeat economic data, new tensions in oil-producing Nigeria and reports that China intends to build up its strategic reserves lifted...
Somewhat upbeat economic data, new tensions in Nigeria and reports that China plans to build up its reserves have lifted crude prices. Gasoline prices have followed.
Independent oil player Phoenix Petroleum Philippines announced on Monday that it will increase fuel prices effective Tuesday morning.
The price of oil briefly climbed above 82 dollars on Monday, extending last week's rally on positive jobs data from the United States -- the world's biggest energy consuming nation, analysts said.
In 2010, domestic refined oil prices will continue to rise with international crude oil prices, predicted Rong Guangdao, president of Sinopec Shanghai Petrochemical Co. yesterday. The average global crude oil price was around...
Oil prices briefly broke above $US82 a barrel on Friday after the market got a boost from better-than-expected US jobs data.
March 8,2010 -- The new Dhirubhai Deepwater KG2 drillship, owned by a joint venture of Transocean Ltd. and Pacific Drilling Ltd., has begun work under a 5-year...
March 5,2010 -- US drilling activity continued to increase with 1,396 rotary rigs working in the week ended Mar. 5, 23 more than the previous week and...
Motorists are well down the road to higher pump prices as warmer weather and the driving season approach.
A vast project in Florida will be the world’s second-largest solar plant, attached to the nation’s largest fossil-fuel power plant.
Oilfield services provider Schlumberger Ltd. said Sunday it will acquire another major industry player, Smith International Inc., for about $11 billion in stock.
President Barack Obama announced more than $8 billion in federal loan guarantees for the construction of the first nuclear power plant in the U.S....
Consumer demand, technology, and global politics are shifting in a way that could spell a future of oil abundance, not of catastrophic dearth.
Positive economic data has resulted in a rise in US crude oil today to $82.41 extending last week’s gains. Oil has risen by 18% since early February since investors have become more...
The US Energy Information Administration reported Wednesday in its weekly inventories report that crude oil in US storage added 4.1 million barrels last week to 341.6 million barrels, above the expected build of...
Crude oil prices were higher Tuesday as investors were more optimistic that a plan to help the Greek economy will be forthcoming soon. Additionally, there were hopes that demand will improve, while the...
Crude oil prices were higher Thursday even after the US Energy Information Administration reported that crude inventories added 3.1 million barrels last week, up more than the expected gain of 1.65 million barrels....
Crude oil prices were higher Tuesday after a new report showing that manufacturing activity is on the rise in the New York region and on a weaker US dollar that made purchases...
Crude oil prices fell in New York after the US Energy Information Administration said that stockpiles of both crude oil and gasoline jumped more than expected last week, and on another increase...
The price of crude oil was up slightly in New York in afternoon trade on Wednesday as March contracts for West Texas Intermediate crude added 67 cents to $74.42 per barrel on...
Crude oil prices were higher Monday as much of the East Coast of the United States tried to recover from a storm that brought several feet of new snow to some areas...
Crude oil prices were much lower Thursday after the US Labor Department reported that first-time unemployment claims were up last week to 480,000, their highest level in seven weeks. March contracts for West...
Crude oil prices were unsteady Wednesday as the US Energy Information Administration released its weekly inventories report, but by less than half an hour before the end of floor trade March contracts for...
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