Archive for the ‘Gas Price’ Category
Thursday, October 23rd, 2008
Mounting stocks of crude and petrol are weighing on the oil price, which tumbled yesterday to $65 a barrel in London. The cost of a barrel has now reached a 17-month low and a consensus is emerging among Opec that a significant cut in output will be necessary to prevent ...
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Thursday, October 23rd, 2008
In the face of growing criticisms, the country’s oil companies are cutting anew their pump prices by P1.00 per liter between 12:01 a.m. to 6 a.m. today.
The major oil firms – Pilipinas Shell Petroleum Corp. and Petron Corp. – are the first to roll back their prices across products like ...
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Thursday, October 23rd, 2008
Gas suppliers in Germany may be able to cut prices for customers next year if oil prices continue to fall, due to a mechanism that links gas to oil with a time lag, industry association BDEW said on Wednesday.
"Gas prices follow those of oil with a time lag of around ...
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Wednesday, September 17th, 2008
Key benchmark indices opened higher on Wednesday, boosted by the US Federal Reserve’s bailout package for the beleaguered US insurer AIG. The BSE 30-share Sensex was down 147.94 points after a strong opening.
Meanwhile, the US Federal Reserve kept its target for the federal funds rate at 2%.
The US Federal Reserve ...
Posted in Exploration, Gas Price, Mining, Mining Finance, Mining Industry, Mining Investment, Oil & Gas, Trade & Market | No Comments »
Monday, August 11th, 2008
State-controlled PTT PCL PTT.BK, Thailand's largest energy firm, reported a better-than-expected 13.8 percent rise in quarterly earnings on Monday thanks to higher gas sales and profits from its refinery business.
Analysts have said Asia-Pacific's third-largest integrated oil and gas firm by market value should see earnings growth this year, given the ...
Posted in Exploration, Gas Price, Mining, Mining Investment, Mining Technology, Oil & Gas, Oil Price, Trade & Market | No Comments »
Monday, August 11th, 2008
Gastar Exploration Ltd. today reported financial and operational results for the three and six months ended June 30, 2008.
Second Quarter Results
Net income for the second quarter of 2008 was $546,000, or $0.00 per basic and diluted share, compared to net income of $4.4 million, or $0.02 per basic and diluted ...
Posted in Drilling, Exploration, Gas Price, Mining, Mining Investment, Mining Technology, Oil & Gas | No Comments »
Sunday, July 20th, 2008
With only six months left in office, President Bush has finally repealed presidential restrictions on oil drilling in American waters.
Now it's Congress' turn to do the same and start bringing more domestic energy online.
To almost anyone outside of Washington, making better use ...
Posted in Drilling, Exploration, Gas Price, Mining, Mining Contractor, Mining Investment, Mining Technology, Oil & Gas, Oil Price | No Comments »
Tuesday, July 8th, 2008
Just about every summer for more than a decade, U.S. Rep. Frank Pallone Jr. headed out to a beach community in New Jersey to lambaste attempts by the federal government to resurrect plans for oil drilling off the Atlantic coast, including New Jersey.
And every year, the attempt by federal lawmakers ...
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Thursday, July 3rd, 2008
As public anger over rising fuel prices continues to grow, Mr. Bush finally called on Congress to lift the federal bans on offshore drilling and exploiting the known resources in the Arctic National Wildlife Refuge. Good move, but that doesn’t mean the bans will be lifted tomorrow. ...
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Thursday, July 3rd, 2008
U.S. Sen. Norm Coleman told a group of Rochester businessmen Wednesday that the United States can bring down the price of gasoline by opening up the Outer Continental Shelf to oil exploration as part of a broad mix of energy options.
Coleman, a Republican who is seeking a second term in ...
Posted in Drilling, Gas Price, General News, Mining Investment, Trade & Market | No Comments »
