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- InterOil Announces LNG Project Decision to Negotiate Gas Offtake With Industry Operators
- InterOil Corporation (TSX: IOL) (AMEX: IOC) (POMSoX:IOC), today announced that, as a result of resolutions passed by the Board of Directors of PNG LNG, Inc., the joint venture owned by affiliates of InterOil, Pacific LNG and Merrill Lynch ("Merrill"), to construct an LNG liquid natural gas plant on a site...
- Research articles 2008-10-21
- Fire at Kuwait's largest oil refinery contained
- KUWAIT CITY AFP — A fire broke out at Kuwait's largest oil refinery on Wednesday but was quickly brought under control, an oil official said. "The fire is under control and will be put out in a few minutes," said spokesman for national refiner Kuwait National Petroleum Co, Ahmad...
- Research articles 2008-09-03
- US to release reserve oil for Gustav recovery efforts
- WASHINGTON AFP — The United States is releasing 250,000 barrels of oil from its strategic reserve to help with recovery efforts in the wake of Hurricane Gustav, the Energy Department announced. "The oil is needed because of the closure of Louisiana's Calcasieu channel and disruptions in oil supply caused...
- Research articles 2008-09-02
- China's CNOOC to invest 6.6 bln dlrs in oil refining: report
- BEIJING AFP — China National Offshore Oil Corp. CNOOC, the nation's third largest oil producer, will spend 6.6 billion dollars to nearly double the capacity of a major refinery project, state media said Friday. CNOOC plans to boost its oil refinery in Huizhou, a city in south China's Guangdong...
- Research articles 2008-08-28
- ONN.tv Report: Merrill Lynch CDO's Spark Market Rally
- CHICAGO -- OptionsNews, the daily video news program on www.onn.tv, discusses Tuesday's market rally, ethanol as an alternative fuel option and problems facing oil refineries. For the full video report, visit: http://link.brightcove.com/services/link/bcpid1697139148/bctid16992384 40. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address...
- Research articles 2008-07-30
- Al-Qaeda claims rocket attack on Yemen oil plant
- SANAA AFP — The Yemen branch of Al-Qaeda said on Monday it had fired three rockets against an oil refinery east of Sanaa, but witnesses said the attack was abortive. Al-Qaeda said in a statement posted on an Islamist website that its Jund al-Yemen Soldiers of Yemen group launched...
- Research articles 2008-06-30
- Lukoil invests 1.35 billion euros in Italian refinery ERG: company
- MILAN AFP — Russian oil producer Lukoil is to pay 1.35 billion euros (2.1 billion dollars) to buy 49 percent of a refinery owned by Italian group ERG, ERG announced on Tuesday. The acquisition gives Lukoil vital access to downstream refining capacity in Europe, a key objective for Russian...
- Research articles 2008-06-24
- Remarks on energy
- June 18, 2008 Good morning. I want to thank Secretary Kempthorne and Secretary Bodman for joining me here. For many Americans, there is no more pressing concern than the price of gasoline. Truckers and farmers, small-business owners have been hit especially hard. Every American who drives to work, purchases...
- Research articles 2008-06-23
- Statement by the President on Energy
- WASHINGTON -- Rose Garden 10:30 A.M. EDT THE PRESIDENT: Good morning. I want to thank Secretary Kempthorne and Secretary Bodman for joining me. For many Americans, there is no more pressing concern than the price of gasoline. Truckers and farmers and small business owners have been hit especially...
- Research articles 2008-06-18
- Fact Sheet: Reducing Gas Prices and Foreign Oil Dependence
- President Bush Urges Congress to Expand Domestic Oil Production WASHINGTON -- Today, President Bush called on Congress to help American families by removing barriers to domestic production of oil and gasoline. For many Americans, there is no more pressing concern than high gasoline prices. Behind them is the basic...
- Research articles 2008-06-18
- Indian worker hurt in Kuwait chemical plant fire
- KUWAIT CITY AFP — An Indian labourer was injured in a fire at a chemical plant in Kuwait's oil-rich southern region that was apparently the result of a blast, officials said. The fire department said the blaze was apparently caused by chemicals exploding at the plant in Mina Abdullah...
- Research articles 2008-06-05
- Al-Qaeda claims attack on Yemen refinery
- SANAA AFP — Al-Qaeda's wing in Yemen has claimed responsibility for an attack it said targeted a refinery in the southern city of Aden, according to an Internet statement posted on Sunday. The Jund al-Yemen Brigades on Friday fired three rockets at the Aden refinery "used by the tyrant...
- Research articles 2008-06-01
- Ryan calls for moving toward a more coherent energy policy
- Last month, Wisconsin's First District Congressman, Paul Ryan, had some harsh words for our nation's lack of a comprehensive energy policy. In an op-ed piece circulated to state media outlets, Ryan wrote, "As the political finger pointing begins in Washington, D.C., Congress would serve itself well by looking in the...
- Research articles 2008-06-01
- French fishermen suspend strike
- LES SABLES D'OLONNE, France AFP — Fishermen in this French Atlantic port voted Saturday to suspend a strike after the government in Paris agreed to compensate loss of income due to fuel price rises. The vote indicated an easing of tensions after angry fishermen took action this month, blocking...
- Research articles 2008-05-24
- French fishermen protest as anger mounts in Spain, Portugal, Belgium
- CALAIS, France AFP — French fishermen disrupted shipping in the Dover Strait and blocked access to an oil refinery on Friday as anger over high fuel costs reached fishing industries in Belgium, Spain and Portugal. About 40 trawlers formed a cordon at sea in a protest dubbed "Operation Snail"...
- Research articles 2008-05-23
- Total, Saudi Aramco announce 400,000 bpd refinery project
- PARIS AFP — The French oil group Total and the Saudi Arabian Oil Company Saudi Aramco announced plans Wednesday for a 400,000-barrel-per-day refinery in the eastern Saudi city of Jubail on the Gulf coast. The groups said in a joint statement that the facility would process Arabian Heavy crude...
- Research articles 2008-05-14
- Korean, Japanese firms win contracts for Kuwaiti refinery
- KUWAIT CITY AFP — Four South Korean and a Japanese firm were on Sunday declared winners of four major contracts worth billions of dollars to build a new refinery in Kuwait, an oil official said. The total value of the bids made by the companies was around 8.3 billion...
- Research articles 2008-05-11
- Mauritania bounces back: Mauritania's history of oil and gas development has been a chequered one. but the Sahelian country now appears to be enjoying a renaissance. Neil Ford investigates Mauritania's huge potential and the companies that are beginning t
- China's recent attempts to strengthen its ties with Mauritania underline the tide of renewed interest in the northwest African country's oil and prospects. After the initial wave of excitement generated by the discovery of the Chinguetti oilfield in 2001, the euphoria dissipated somewhat following a series of disappointing exploration results....
- Research articles 2008-05-01
- Bush spins energy issues
- WASHINGTON -- President Bush put politics ahead of the facts Tuesday as he sought to blame Congress for high energy prices, saying foreign suppliers are pumping just about all the oil they can and accusing lawmakers of blocking new refineries. Bush renewed his call for drilling in an...
- Research articles 2008-04-30
- Oil prices slide as Scottish refinery strike ends
- NEW YORK AFP — Oil prices tumbled Tuesday from near-record highs as the end of a Scottish refinery strike eased supply concerns and the market expected the US Federal Reserve to again lower interest rates. In Tuesday trade, New York's main oil futures contract, light sweet crude for June...
- Research articles 2008-04-29
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