Posts about Oil and Gas issue #1

09/26/2011
The oil and gas industry will need more time to respond to the US Environmental Protection Agency’s proposed upstream greenhouse gas (GHG) emission requirements and its proposed refinery emissions r more…
09/26/2011
26 (Bloomberg) — Oil advanced after dropping to the lowest level in almost seven weeks in New York amid speculation that the European Central Bank may alleviate the region's sovereign debt crisis more…
09/26/2011
The S&P GSCI Index of commodities gained 0.2 percent, erasing an earlier drop of as much as 2.6 percent, as oil snapped a three-day slump. The Dollar Index slipped 0.4 percent, while the euro weak more…
09/26/2011
Group Three gasoline was seen about 1.40 cents lower, bid at even to the October RBOB gasoline screen and offered at 0.75 cents over futures. Cycle 1 ULSD in Chicago traded at 1.50/1.00 cents under No more…
09/26/2011
26 (Bloomberg) — Oil fell to the lowest level in almost seven weeks in New York on bets that Europe's sovereign debt crisis may worsen, crimping growth and fuel demand, and as sales of new US hom more…
09/26/2011
Energy shares are mixed to higher in mid-day trading as crude oil futures manage to climb back atop $80 a barrel at the New York Mercantile Exchange. Light, sweet crude for November delivery is tradin more…
09/26/2011
Soya refined ruled at Rs 624-625 for 10 kg, against Rs 626-630 on Saturday, on weak buying and lower Malaysian palm oil futures. Still, most of the trading for soya refined took place at Rs 622-623 fo more…
09/26/2011
Energy prices continued falling although at a slower rate Sept. 23 with markets still cautious amid signs of a worsening economic crisis. more…
09/26/2011
Marine Well Containment Co. (MWCC) has taken delivery of a Aframax tanker, the Eagle Texas, to add to its expanded oil spill containment system that will be operational in 2012. more…
09/26/2011
By Christian Berthelsen Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–After an early-morning bounce Monday on optimism about a resolution to the European debt crisis, oil futures slipped back from thei more…

Posts about Oil and Gas issue #1

09/24/2011
This report was created to get you up to speed with latest developments in the November Crude Oil options. The data used is from Friday's settlement prices. With November Crude Oil futures prices more…
09/24/2011
Malaysian palm oil futures on Bursa Malaysia Derivatives exchange ended lower on Friday as commodity markets across the board fell on prospects of a global economic slowdown eroding commodity demand g more…

Posts about Oil and Gas issue #1

09/24/2011
A commitment by Group of 20 nation leaders to confront risks dragged down oil futures to its lowest price in one-and-a-half months, according to Bloomberg. As worries spread about the onset of a doubl more…
09/23/2011
A bill to provide financial incentives for natural gas vehicles (NGVs) provided a focus as two US House Ways and Means Committee subcommittees discussed whether alternative and new energy technology p more…
09/23/2011
By David Bird Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Crude-oil futures fell 2% Friday, hit by fresh fears of economic turmoil in Europe that sent equities tumbling and the dollar higher. Investo more…
09/23/2011
By Christian Berthelsen Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Crude futures shook off another sharp drop early Friday morning and recovered to settle just slightly lower, ending a week that era more…
09/23/2011
NEW YORK, Sept 23 (Reuters) – Speculators cut their net long US crude oil futures and options positions by 7 percent in the week to Sept. 20, the US Commodity Futures Trading Commission said on Friday more…
09/23/2011
The euro rose to $1.3487 at 2:43 pm in New York from $1.3465 yesterday, curbing the intraday decline in oil futures. A stronger euro and weaker dollar boosts the appeal of commodities as an alternativ more…
09/23/2011
William J. Way will join Southwestern Energy Co. effective Oct. 1 as the firm’s chief operating officer overseeing exploration and production. more…
09/23/2011
The US House of Representatives included proposed “Tier 3” gasoline requirements when it passed legislation that would require the Environmental Protection Agency to determine how much new regulat more…
09/23/2011
The European Union, building on earlier restrictions, announced a widening of sanctions against Syria, banning investment in key areas of the country’s oil and gas industry in addition to other meas more…
09/23/2011
D.K. Sarraf has become managing director of ONGC Videsh Ltd., wholly owned international subsidiary of state-run Oil & Natural Gas Corp. of India. more…

Posts about Oil and Gas issue #1

09/22/2011
Oil has since come off more than $33 a barrel, or 29%. Since early August, oil futures have had intraday swings greater than 5% in 10 separate sessions–more than a quarter of total trading days. In a more…
09/22/2011
Calgary independents Manitok Energy Inc. and Petrus Resources Ltd. will acquire central Alberta foothills oil and gas assets from an undisclosed seller for $85 million. more…
09/22/2011
Indonesia awarded nine oil and natural gas blocks in the country’s first bidding round this year, with investors committed to spending $106 million during the first 3 years of exploration. more…
09/22/2011
Oil futures slipped to their lowest price in four weeks after the US central bank noted the nation's economy is struggling, according to Bloomberg. As the globe's top consumer of the energy co more…
09/22/2011
NEW YORK, Sept 22 (Reuters) – The premium of US heating oil futures against gasoline futures hit a seven-month high on Thursday as the market began to prepare for the winter heating season after a sum more…
09/22/2011
By Claudia Assis and Myra P. Saefong, MarketWatch SAN FRANCISCO (MarketWatch) — Crude-oil futures on Thursday struggled to keep above $80 a barrel as a market bloodbath intensified and investors sol more…
09/22/2011
Energy prices resumed their downward trend Sept. 21 after the US Federal Reserve Bank announced its third attempt in 3 years to stimulate the economy, only to see equity prices tumble as it warned the more…
09/22/2011
By Myra P. Saefong, MarketWatch SAN FRANCISCO (MarketWatch) — Crude-oil futures fell more than 5% Thursday, with investors dragging prices to their lowest levels in over six weeks following the Fede more…
09/22/2011
Rather than proposing $44 billion in new taxes on its oil and natural gas industry, the US government should open the door to a common-sense energy policy, said John Felmy, chief economist with the Am more…
09/22/2011
By V. Phani Kumar NEW YORK (MarketWatch) — Crude-oil and gold futures plummeted Thursday as the dollar surged and US index futures pointed to another day of steep losses. Light, sweet crude for deliv more…

Posts about Oil and Gas issue #1

09/21/2011
OIL futures dropped $US1 in choppy trading today, after the Federal Reserve announced plans to boost the listless US economy by purchasing longer-dated government debt. Light, sweet crude for November more…
09/21/2011
Some of that translates into the buying of oil market futures and options. Investors seeking more risk should be careful because they may succeed in finding it." It was a volatile day for crude p more…
09/21/2011
The US House Energy and Commerce Committee on Sept. 21 unanimously approved a bill reauthorizing the federal Pipeline Safety Act. The measure, HR 2937, now has to be reconciled with HR 2845, which the more…
09/21/2011
Authorizing oil and natural gas leasing on the Arctic National Wildlife Refuge’s coastal plain would provide thousands of new jobs and major economic benefits relatively quickly, Alaska state offici more…
09/21/2011
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by more…
09/21/2011
(Source: Bloomberg) Crude oil dropped after Moody's Investors Service lowered the debt rating of Bank of America Corp. and Wells Fargo & Co. and investors awaited a statement from the Federal more…
09/21/2011
Turkey’s Prime Minister Recep Tayyip Erdogan, making good on earlier threats, has signed an agreement with Dervis Eroglu, president of the breakaway Turkish Republic of Northern Cyprus (TRNC), to ex more…
09/21/2011
By Christian Berthelsen NEW YORK (Dow Jones)–Crude futures shook off earlier losses Wednesday after newly released inventory figures showed oil stocks sharply declined. Light, sweet crude for Novembe more…
09/21/2011
Prices for crude oil and petroleum products rebound slightly Sept. 20 on hopes the Federal Reserve Bank will again move to stimulate the stock market and that Greece will progress in negotiations with more…
09/21/2011
By Myra P. Saefong SAN FRANCISCO (MarketWatch) — Gold and crude-oil futures continued to trade lower even after news that sales of existing homes rose to a five-month high in August. The National Ass more…