Expedia (NMS: EXPE) performs air (NYSE: AMR-News), flights and fares is harder to find on the Web page, after leading attracted its fares off rival Orbitz travel booking site (NYSE: OWW-News). Shares fell 1.1%. The u.s. fell 2.1% as rising energy prices hit airlines.View the original article he...
U.s. light rig counts by 5 (AP)
Houston – number and active tour for oil and natural gas in the u.s. increased by five week 857.Based on Houston inc Hughes Baker. Said Wednesday 931, protecting natural gas were exploring for and 771 oil. Twelve were listed as different. A year ago this week, the count was 309.Major countries and gas-oil-production, Oklahoma gained nine consoles, North Dakota produced four wins, three California, New Mexico gets one. Israel...
Winter Weather Conditions Drive up Oil, Gasoline prices (ContributorNetwork)
$ 4 a gallon gasoline?Be prepared to pay a lot more to heat your home and fuel your car because oil and petrol prices ursprungshalten just in time for the Christmas holiday season.Some analysts say we could pay almost $ 3.50 a gallon of gas through the spring, according to CNBC. U.S. motorists may face $ 4 a gallon gasoline in 2012. Gasoline Prices have not been seen since the worldwide economic collapse of 2008.Future Gasoline...
U.S. energy giant Chevron to invest $ 26bn 2011 (AFP)
NEW YORK (AFP) – Chevron, the second largest American energy company, on Thursday announced it will spend $ 26 billion in 2011 in investments and oil and gas exploration and production."We have an unparalleled set of opportunities. Our previous investments has done, "said give us cash and financial strength to finance many attractive projects in quick succession, Chevron CEO John Watson in a statement."At the same time, we are...
The agreement sought on Afghanistan and the Islamic Republic of Pakistan gas pipeline (AP)
By Alexander VERSHININ and Peter LEONARD Associated Press Worldstream Alexander Vershinin and Peter Leonard sat, press – Dec. 11, 6: 38 am ETASHGABAT BY, Turkmenistan – Afghanistan and were the leaders of the Islamic Republic of Pakistan in the capital of gas-rich Turkmenistan Saturday bring on ambitions to build a gas pipeline of their countries.Pipeline, which would culminate in India, would involve large amounts of gas for...
Saudi still favor $-$ 80 oil, OPEC holds deliver (Reuters)
QUITO (Reuters) – leading OPEC producer Saudi Arabia said on Saturday it will still benefit from a $ 70-$ 80 price range for oil, a restatement of a two-year-old policy that will be welcomed by consumer Nations concerned that rising oil prices could get out of control and inhibits the global economic recovery.Saudi Oil Foreign Minister Ali al-Naimi told Reporters in an OPEC meeting in Quito:-$-$ 80 is a good price.Comments came...
Rig worker says she did not testify at waste hearing (AP)
HOUSTON — a Norwegian maritime company surveys and approves security programme for ships recertified paper for deep-sea fishing Horizon on April 21, one day after the rig which blew up in the Gulf of Mexico.Blast 11 deaths and led to 200 million gallons of oil vomit from BP PLC deep-sea stocks well.Transoceans security manager Jerry Canducci testified Thursday on a federal panel investigating the cause of the explosion. Canducci...
Pump gas prices turn an average $ 3 per gallon (AP)
NEW YORK — the average price of a litre of petrol per week continued to March steadily to $ 3 per gallon. In some parts of the country is above that already exists.On Friday, the average price for a gallon of regular over United States almost $ 2.98, according to AAA, Wright Express and Oil price Information Service. It is 2 cents from Monday and 10 cents more than a week ago. Drivers on the West Coast, pay an average of $ 3.21...
Laos inaugurates controversial hydropower dam (AFP)
HANOI (AFP) – Laos on Thursday its largest hydropower plant inaugurated, a controversial project hailed by supporters as decisive for the impoverished nation's development, but long opposition from environmentalists.Asian Development (ADB) said the move opened "a new era" for growth, development and poverty reduction in the Communist country, where most people still live on less than two dollars a day."The importance of this...
OPEC ministers make no change in the output (AP)
QUITO, Ecuador – OPEC ministers decided Saturday to keep oil output at current levels, giving ample inventories of sustained global economic uncertainty and a price of just $ 90 per barrel.12-member of the cartel said after an unusually short meeting that it based its decision on the projections show the demand for crude oil would grow more slowly than in the year 2011.The statement also cited "challenging the risks to the weak...
Liquefied natural gas station opened in Conn. (AP)
HARTFORD, Conn. — a new type of gas station opening in Connecticut, sells LNG to trucks to reduce polluting diesel smoke while potentially saving money.Bill Malone, owner and operator of Enviro Express Inc., transporting waste and landfill and transfer stations open LNG station Friday at his company in Bridgeport near busy Interstate 95, a major East Coast Highway stretching from Maine to Florida.Bridgeport station will also...
Oil rises to near $ 89 for OPEC meeting (AP)
Sofia – Oil prices increased to near $ 89 a barrel Tuesday in Asia traders looked to the weekend OPEC meeting for changes in cartel's crude production.Benchmarking of oil for January delivery was up 40 cents to $ 88 77 per barrel in the late afternoon of Singapore time in electronic trading on Schwartz Mercantile Exchange. Contract to 9 cents to settle at $ 88 37 on Thursday.Analysts say officials in 12-nation organization of...
Iraqi Kurd leader says Kirkuk belongs to Kurdistan (Reuters)
ARBIL, Iraq, Dec. 11 (Reuters)-Iraqi Kurdish leader Massoud Barzani said Saturday that his autonomous region shall have the right to self-determination and contested city of Kirkuk, above some of Iraq's largest oil reserves.Kirkuk destiny is one of the most important issues in contention between the Kurdish region and the Central Government in Baghdad, are locked in disputes over land and some of the world's richest oil fields.Barzani...
Factbox: OPEC ministerial level comments in Quito meeting (Reuters)
QUITO (Reuters) – OPEC agreed to maintain the current oil production levels at their meeting last Saturday while Saudi Arabia reiterated that $ 70-$ 80 per barrel was its favoured the price of crude oil.Group scheduled its next meeting on 2 June to discuss the production policy.Below are comments from OPEC ministers and officials at the Saturday meeting:Saudi Arabia-Asked by reporters in Quito, what price range Saudi favoured,...
Group: Leasing decline in the West have serious effects (AP)
CHEYENNE, Wyo. – Environmental red tape has contributed to a 79 percent reduction of oil and gas leasing on public land in the Rocky Mountain States, taking a toll on the region's economy, says a petroleum industry group.Members of the Denver-based Western Energy Alliance is prepared to spend $ 3.9 billion to drill in the West, 16 000 jobs, says Kathleen Sgamma, Group Director of Government Affairs.Bureaucratic uncertainty which...
IEA lifts oil demand forecast in United States, Asia growth (AP)
PARIS-the International Energy Agency on Friday raised its forecast of demand for 2010 and 2011, quoted the stronger than expected consumption in North America and Asian emerging countries, particularly ChinaThe Paris-based noted that OPEC under such conditions may be under pressure in the next year to increase the supply.Global demand next year should hit 88.8 million barrels per day, 260000 daily FAT more than previously expected,...
Chevron hikes spending 20 percent for growth (Reuters)
HOUSTON/SAN FRANCISCO (Reuters) – Chevron Corp (CVX. N), the second-largest u.s. oil company, will increase spending by a fifth to A $ 26 billion in 2011, with 85% will exploration and production industry seeks out new sources of growth.Extended budget, announced on Thursday, is a big step for Chevron as it enters a period of low net production growth while it ramps up for natural gas. Massive rival Exxon Mobil Corp (XOM. N)...
California Panel the Chevron marine terminal rental (AP)
SAN DIEGO – a State panel on Friday approved the Chevron Corp. 's request for 30 years to renew its lease for a Terminal outside the Los Angeles County coast where tankers deliver oil sjökabel tubes to a refinery on the Beach marina.2-1 Vote by the California State Lands Commission came despite objections from oil spills and environmental activists concerned about the threat of whales hit by tankers in Santa Monica Bay to reach...
Colorado regulators back switching systems coal unit for gas (AP)
DENVER, Colorado regulators agreed Thursday, Xcel Energy Inc. should change another coal-fired power plant unit in Denver that run on natural gas as part of its plan to reduce emissions, an option that is not the first or second choice.Cherokee 4 fate was one of the most contested areas of Xcel's plan to reduce nitrogen oxide emissions by 2018 as required under a new law on State. The new Clean Air Clean Jobs Act aimed to help...
Enbridge pipeline seen down until Friday (Reuters)
CALGARY, Alberta (Reuters)-Enbridge Inc said on Thursday it has closed down a bigger oil pipeline in the Midwest for extended maintenance, adding a squeeze in the transport capacity which has created an abundance of crude oil in Western Canada.Enbridge said its 670,000 barrels per day on Line 6A would be down until Friday at noon (0400 GMT Saturday) 11 while it finishes work related planned pipeline integrity test."Maintenance...
Gulf oil spill could usher in new agency for food safety (AP)
WASHINGTON the presidential Panel examines the massive Gulf oil spill probably President Barack Obama next year new ways for the Federal Government and the oil industry, offshore drilling monitor security recommend.Experts with the presidential oil spill Commission Thursday recommended that oil and gas companies drilling off a U.S. Coast Security Institute similar to establish the nuclear industry after the 1979 three mile Iceland...
Gas pipeline company plans in PA hit snag (AP)
HARRISBURG, PA: State public utility regulators warned been are, reject efforts by a natural gas pipeline company could its unregulated pipelines are subject to the safety standards, but also help, it saves the power of eminent domain to private property.An administrative law judge, in a decision posted online Wednesday, recommended that laser Northeast gathering Company LLC are not given status as a public utilities. The decision...
BP says gov ' t estimate the oil flow too large (AP)
WASHINGTON-BP is U.S. Government estimates of how much oil the runaway flowed well deep under the Gulf of Mexico a new challenge Assembly. The problem is when the size of the Federal pollution to pay fines for the company, will be crucial.Working paper for the presidential elections oil spill Commission told the associated press, the BP argue that the Government of less than 50 percent overestimated the amount of oil spilled....
BP suspends construction of rig off Alaska Coast (AP)
JUNEAU, Alaska - BP PLC is construction of a huge oil rig suspension the coast of Alaska its engineering and design plans to check and make sure, the liberty project can be carried out safely.BP Alaska spokesman Steve Rinehart said "a few problems" were last year underway assemble the rig found. He would not define those. But he said no problem to withdraw BP, and none of you, caused the company in future, if the unusual project...
Cities to search strings, the gas money tying to cut (AP)
By Ramit Plushnick masti RAMIT PLUSHNICK MASTI associated press, associated Press-sa Dec 4, 9: 17 pm ETBEAUMONT, Texas - advances in drilling have helped that the American cities and towns strike natural gas, and just in time, it would seem. With many facing Cash crunches could go the millions of dollars in royalties are crops towards saving of public services, jobs and much-needed road projects.Not so fast. Integrated into deeds...
Jamaica probes oil spill in the capital port (AP)
KINGSTON, Jamaica efforts are underway to spill clean up an oil in the port of Jamaica's capital.Agency says the slick in the port of Kingston between an oil refinery Island emergency management and a power plant is located.The Agency said in a statement Sunday that police discovered the origin of the spill, examines Saturday.Officials say that the oil contamination was clarifies and had no direct impact on the city itself....
How the major stock indices fared Friday (AP)
Rally stocks staged a late afternoon, after almost the whole day weighed down by an unexpected increase in the unemployment rate to spend. Close indexes, the winding-up later for the third straight day. Materials and energy companies led the rebound. The Dow Jones industrial average rose 2.6 percent for the week, his best weekly gain since 5 beat up a November 2010. The Dow is now only 0.5% below this level.The Dow Jones Industrial...
Massey's Chairman/CEO says he will retire (Reuters)
NEW YORK (Reuters) Don Blankenship, head of Massey Energy (MEE.N) and one of the most powerful U.S. coal industry leader, said on Friday that would he retires at the end of December, eight months after 29 miners died in one of Massey's mines."After almost three decades at the Massey, it's time for me to move on," Wang said at the end of a week in the Massey shut down decided a Kentucky mine for type safety violations and a judge...
Lawyer: Nigerian soldiers killed civilians (AP)
Reborn, Nigeria Nigerian soldiers hiding an attack on militant in the oil-rich southern delta in the nation launched civilians killed and intentionally destroyed houses, an advocate for human rights, which said the contested region Sunday visited.Preye Onduku told the associated press he saw the site of a tomb containing six civilians, allegedly by the military killed, during a short visit Saturday at the village of Ayakoromor....
Official: No offshore drilling in Florida Gulf waters (AP)
TALLAHASSEE, Florida the Obama management is a long-term oil drilling ban in the Gulf of Mexico from Florida, after checked before easing maintain BP spill, a senior administration official said the associated press on Wednesday.Only a month before that had begun in April spill Obama management enable announced in the eastern part of the Gulf as part of the management plan for the outer continental shelf drilling."In the face...
North Slope spill focuses on flow lines (AP) report
Anchorage, Alaska - a new status report on Alaska North Slope oil leaks comes to the conclusion that the flow lines, moving of crude oil, water and natural gas from well to establishments require increased monitoring.The report by the State Department of environmental conservation revised extracted aging infrastructure and process oil, which moves finally through the Trans Alaska pipeline unloaded its first barrel in port Valdez...
New BP challenge to size spill influence could fine (AP)
WASHINGTON BP is mounting a new challenge of U.S. Government estimates of how much oil from the runaway well deep flowed under the Gulf of Mexico, an argument that reduce from billions of dollars Federal pollution could fines, for the largest offshore oil faces in history to spill.BP's lawyers argue, that the Government contested the spilling of 20 to 50 percent, employees work for the presidential elections spill oil Commission...
Obama returns drilling oil expansion to BP spill (Getty Images)
WASHINGTON (AFP) President Barack Obama Wednesday a March decision on enlargement of offshore oil exploration on the Atlantic Ocean and the eastern Gulf of Mexico reversed, but drilling in the part of the Gulf of BP disaster allows affected deepwater further.Moving of Interior Secretary Ken Salazar announced would ban until 2017 beyond oil and gas exploration in areas where there currently no drilling activity, such as in the...
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