India expands CNG network in phased manner
Friday, February 29th, 200829 (UPI) — India says it has undertaken a phased expansion of the compressed natural gas network. Petroleum and Natural Gas Minister Murli Deora told …
Archive for February, 2008
Venezuela to oppose oil output hike at OPEC meeting
Friday, February 29th, 2008AP CARACAS, Venezuela: Venezuela plans to oppose any increase in crude oil output quotas during the upcoming Organization of Petroleum Exporting Countries …
Ecuador to use oil reserves to meet obligations
Friday, February 29th, 2008QUITO, Ecuador (AP) — Ecuador will use its oil reserves to meet export obligations after a landslide triggered by flooding ruptured a major pipeline, …
San Antonio paying record $3 per gallon on average
Friday, February 29th, 2008It’s official. The average price of regular gasoline in San Antonio has surpassed the $3 mark for the first time in the city’s history. In fact, with crude oil selling for more than $100 a barrel, e…
Diesel prices hit record highs, gasoline still rising
Friday, February 29th, 2008AAA , only one did not set a new record diesel price, according to Fuel Gauge Report data released Friday. In Sacramento, a gallon averaged $3.831, up 1.4 cents overnight and more than 30 cents in the…
Crosstex Energy LP swings to profit
Friday, February 29th, 2008reported fourth-quarter income of $14.1 million, or 19 cents per limited partners unit Friday, up from a $4.9 million loss, or a loss of 34 cents per limited partner unit, in the comparable period a y…
BP can expect a day in court in Alaska
Friday, February 29th, 2008BP is being sued by the state of Alaska, for losses incurred by oil spills, pipeline leaks and shutdowns.
Russian paper predicts trouble for South Stream pipeline
Friday, February 29th, 2008MOSCOW (AFP) — A Russian newspaper on Friday predicted trouble ahead for Moscow’s strategic South Stream gas pipeline, saying the project could be held up …
Ecuador use oil reserves to meet export obligations after pipeline …
Friday, February 29th, 2008AP QUITO, Ecuador: Ecuador will use its oil reserves to meet export obligations after a landslide triggered by flooding ruptured a major oil pipeline, …
Canadian Oil Sands Trust provides tax information for 2007 distributions
Friday, February 29th, 2008CALGARY, Feb. 29 /CNW/ – (TSX — COS.UN) – Canadian Oil Sands Trust (the “Trust”) today reported the tax information for the cash distributions declared and paid in 2007 to Unitholders resident in C…