Oil & Gas Industry

Oil rises to near $85, bouncing off 8-month lows

06/05/2012 - 06:31

By ALEX KENNEDY | Associated Press • Published June 04, 2012 Modified June 04, 2012 SINGAPORE – Oil rose to near $85 a barrel Tuesday in Asia, recovering from an eight-month low amid hope Europe's leaders may contain the continent's debt and …

Original article URL: http://www.newsfeedmaker.com/article/99272076/58df0342

Mitt Romney bashes President Obama on energy and jobs while making major fundraising haul in Portland

06/05/2012 - 06:05

Republican Mitt Romney swept through Portland Monday, vacuuming up well over a million dollars at two fundraisers while portraying himself to his business-oriented donors as the candidate who knows how to help entrepreneurs create more jobs. While …

Original article URL: http://www.newsfeedmaker.com/article/99270474/58df0342

TransCanada’s Mainline gas pipeline at risk, hearing told

06/05/2012 - 04:45

In front of a packed hearing with representatives from 60 companies, industry associations and four provinces, TransCanada Corp. said its historic $6-billion cross-Canada Mainline gas pipeline is at risk and efforts to come up with a compromise solution …

Original article URL: http://www.newsfeedmaker.com/article/99264693/58df0342

US Lags Behind China in Clean Energy Technology Race

06/05/2012 - 04:41

US Lags Behind China in Clean Energy Technology Race (June 04, 2012) Washington, DC (PRWEB) June 04, 2012 China continues to lead the global clean energy technology manufacturing race, according to a new report commissioned by World Wildlife Fund. The …

Original article URL: http://www.newsfeedmaker.com/article/99264350/58df0342

Energy Impact Funding

06/05/2012 - 04:25

Alex Hagan | 6/4/2012 Growing cities don`t just need housing. State leaders realize they also need money to keep up with infrastructure needs. That`s why energy grants are being awarded to energy-impacted areas. More construction, more traffic and more …

Original article URL: http://www.newsfeedmaker.com/article/99263063/58df0342

Natural Gas Suspected Cause O...

06/05/2012 - 04:22

MITCHELL, SD - A Mitchell home is destroyed following an explosion Sunday evening. This is the third such explosion in the community in the last five years. Authorities say it's lucky nobody was home at the time because this explosion was a big one. …

Original article URL: http://www.newsfeedmaker.com/article/99262812/58df0342

Irate financier spurs shake-up of Chesapeake Energy board

06/05/2012 - 03:36

Enlarge Photo Financier Carl Icahn wrote that the Chesapeake Energy board had failed its ... more > OKLAHOMA CITY — Just weeks after taking a stake in Chesapeake Energy Corp., activist shareholder Carl Icahn has helped orchestrate a shake-up at the …

Original article URL: http://www.newsfeedmaker.com/article/99259035/58df0342

Spain's Respol Shifts its Focus to Latin America’s Energy Superpower Brazil

06/05/2012 - 03:21

Spain’s energy conglomerate Repsol has had an interesting few months in Latin America. In 1999 Repsol bought Argentina’s Yacimientos Petroliferos Fiscales (YPF), creating Respol-YPF to begin exploiting Argentina’s vast Vaca Muerta shale gas concession, …

Original article URL: http://www.newsfeedmaker.com/article/99257608/58df0342

Energy price falls ‘not benefiting’ consumers

06/05/2012 - 03:14

Energy price falls ‘not benefiting’ consumers By Conor Keane, Business Editor Tuesday, June 05, 2012 Consumers are failing to reap the full benefits of falling global energy prices because of the weakness of the euro against the US dollar and sterling, …

Original article URL: http://www.newsfeedmaker.com/article/99256912/58df0342

Kazakhstan: Oil Workers Convicted in Flawed Trial

06/05/2012 - 02:56

(Berlin) – A Kazakhstan court, on June 4, 2012, convicted 34 oil workers and others on charges relating to violent clashes with police in December 2011, despite the use of testimony obtained by torture and ill-treatment, Human Rights Watch said today. The …

Original article URL: http://www.newsfeedmaker.com/article/99254921/58df0342

EVSC considering converting vehicles to natural gas

06/05/2012 - 02:55

EVANSVILLE — The Evansville Vanderburgh School Corp. is considering fueling all or some of its vehicles with compressed natural gas. Chief Operating Officer Rick Cameron told the School Board on Monday that “conversion kits” will be installed on a school …

Original article URL: http://www.newsfeedmaker.com/article/99254820/58df0342

Staying safe with natural gas in your home

06/05/2012 - 02:35

Investigators are still looking for answers into what sparked a natural gas explosion at a house in Mitchell Sunday night. The house is in the 800 block of West 2nd Avenue. Crews say fortunately no one was home during the explosion. Northwestern energy …

Original article URL: http://www.newsfeedmaker.com/article/99252541/58df0342

Oil and gas industry is being made ‘scapegoat’

06/05/2012 - 02:27

The oil and gas industry is being made a scapegoat by some who accuse it of pollution, Qatar Administrative Control and Transparency Authority chairman HE Abdullah bin Hamad al-Attiyah stated yesterday. “Oil and gas does not mean pollution. There are …

Original article URL: http://www.newsfeedmaker.com/article/99251689/58df0342

Get ready for huge liquid natural gas import terminals

06/05/2012 - 01:58

Where, oh where, are California's Indian tribes now that they're really needed to save the state from what's likely to become the mother of all energy boondoggles? The question arises because the prospect of huge liquefied natural gas (LNG) …

Original article URL: http://www.newsfeedmaker.com/article/99248990/58df0342

Time to Buy This Beaten-Down Natural Gas Stock?

06/05/2012 - 01:34

The following video is from this week's MarketFoolery podcast, in which host Chris Hill, along with Jason Moser, Michael Olsen, and Joe Magyer, discuss the latest business news. Shares of Chesapeake Energy rose 6% on the news that four members of the …

Original article URL: http://www.newsfeedmaker.com/article/99246431/58df0342

‘Natural gas offers lower emission’

06/05/2012 - 00:53

KUALA LUMPUR: There is in urgent need for a new paradigm of development to meet the demands of the rising “global middle class” and natural gas has an important role in the new paradigm, said Datuk Seri Najib Tun Razak. The Prime Minister said a new …

Original article URL: http://www.newsfeedmaker.com/article/99240891/58df0342

Oil And Gas Industry Group Says EPA Is Wrong On Methane Emissions

06/05/2012 - 00:45

The American Petroleum Institute and America's Natural Gas Alliance are criticizing the U.S. Environmental Protection Agency's most recent natural gas emission estimates, and suggest actual industry emissions are half what federal regulators say. …

Original article URL: http://www.newsfeedmaker.com/article/99239618/58df0342

Police: woman arrested for stealing from oil company

06/05/2012 - 00:36

HOUSTON - A Spring woman who was out on bond after serving time for stealing more than $200,000 from a Houston glass company in 2005 is back in jail. Mary McMayon Mims, 49, is facing new charges that she stole more money. Investigators said since she' …

Original article URL: http://www.newsfeedmaker.com/article/99238398/58df0342

Canada plans on oil pipeline to service growing Asian market

06/05/2012 - 00:14

Canada has the third-largest oil reserves in the world. Some estimate that Canada may even have the second-largest. Canada has since become the top energy supplier to the United States with dreams of becoming the top supplier for other nations as well. …

Original article URL: http://www.newsfeedmaker.com/article/99235574/58df0342

Sensex bounces back from 5-mth low on rate cut hopes, oil prices

06/05/2012 - 00:11

MUMBAI: After plunging over 200 points to its lowest level in five months, the Sensex Monday erased early losses to close 23.24 points higher on the back of rate cut hopes sparked off by RBI’s comments, rupee gaining strength against dollar and crude oil …

Original article URL: http://www.newsfeedmaker.com/article/99235047/58df0342

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