Archive for April, 2008

Mexico rebel talks may spur investment

Wednesday, April 30th, 2008

Last year's pipeline attacks cost Mexico hundreds of millions of dollars (euros) and forced the shutdown of hundreds of businesses — marking the resurgence of a shadowy leftist group that had bee…

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Hundreds of ducks die in oilsands tailings pond – CTV.ca

Wednesday, April 30th, 2008

CTV.caHundreds of ducks die in oilsands tailings pondCTV.ca, Canada - 1 hour agoThere's go another excuse to raise the price of oil/gas and still show billions in profit! 1 million dollars what is that??? No doubt they didn't want to …

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Taqa earnings jump sixfold

Wednesday, April 30th, 2008

Abu Dhabi National Energy Co (Taqa) has reported that its first quarter profit jumped more than sixfold, boosted by its $4.94bn purchase of Canada's Prime-West Energy Trust, reported Reuters. Taqa said it earned Dhs397m ($108m), or Dh0.10 a share, in the three months ended March 31, up from Dhs64m, or Dh0.015 a share, a year earlier. Taqa is 75% owned by the Abu Dhabi Government.

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Rights group says US energy giant complicit in Burma abuses – Radio Australia

Wednesday, April 30th, 2008

Rights group says US energy giant complicit in Burma abusesRadio Australia, Australia - 33 minutes agoThe American energy giant Chevron has been accused of complicity in human rights abuses through its investment in a natural gas pipeline in Burma. …

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Proposal would regulate North Dakota oil pipeline construction

Wednesday, April 30th, 2008

BISMARCK, ND – A proposed state ballot measure would prevent the Keystone oil pipeline’s eastern North Dakota route from being used to lay additional …

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Rights group says US energy giant complicit in Burma abuses

Wednesday, April 30th, 2008

The American energy giant Chevron has been accused of complicity in human rights abuses through its investment in a natural gas pipeline in Burma. …

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Analyzing Proposed Gas Tax Holiday

Wednesday, April 30th, 2008

April 29, 2008 &iddot; Republican presidential candidate John McCain is advocating a gas tax moratorium between Memorial Day and Labor Day to help ease the burden of high gas prices. But how would a …

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Record Profits Reported for BP and Shell

Wednesday, April 30th, 2008

The results of the oil companies, which are Europe’s two biggest, more than offset declining refining margins as crude oil nears $120 a barrel. A move by investors to commodities as an alternati…

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Iraq Oil Revenue May Top Outlook

Wednesday, April 30th, 2008

WASHINGTON — A new U.S. government report projects Iraq's oil revenue will top a record $70 billion this year, adding fuel to a congressional push to force the Iraqi government to assume more respons…

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Energy futures drop on unexpected jump in crude supplies

Wednesday, April 30th, 2008

. Crude closed at $113.79 on April 14. Interest rate cuts tend to weaken the dollar, and investors buy commodities such as oil as a hedge against inflation when the greenback falls. A weaker dollar a…

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