Archive for April, 2008

IT stand on tax sop may hit Nelp VII – Business Standard

Wednesday, April 30th, 2008

IT stand on tax sop may hit Nelp VIIBusiness Standard, India - 3 hours ago… seen by global investors as a prospective oil and gas reserve country, the tax holiday withdrawal will keep everyone away,” said an industry expert. …

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Exxon Mobil lifts quarterly dividend by 14%

Wednesday, April 30th, 2008

) on Wednesday said it would increase its quarterly dividend by 5 cents a share, or 14%, to 40 cents a share in the second quarter, payable June 10 to shareholders of record on the close of May 13. …

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Cut price with more U.S. gas

Wednesday, April 30th, 2008

(CNN) — Gasoline prices set a record for the 16th consecutive day Wednesday. A gallon of gas cost an average of $3.62, according to AAA, and much more in some markets. Shell Oil Co. President John Ho…

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Leader Approves Controversial Puntland Oil Exploration Project

Wednesday, April 30th, 2008

The president of Somalia's Transitional Federal Government (TFG) has signed a letter formally approving an oil exploration project in the northern region of Puntland that has been mired in controversy…

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North Peace to Present at the Raymond James Oil Sands of Canada Conference

Wednesday, April 30th, 2008

TSX-V: NPE CALGARY, April 30 /CNW/ – North Peace Energy Corp. (“North Peace”) announced today that they will present an overview of the Company and its growth plans at the Raymond James Oil Sands …

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Arawak and Calyon sign US$80 million loan facility

Wednesday, April 30th, 2008

TSX TRADING SYMBOL: ABG JERSEY, Channel Islands, April 30 /CNW/ – Arawak Energy Limited (“Arawak” or the “Company”) is pleased to announce the signing of a five year US$80 million reserve based fi…

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Heritage Oil publishes 2007 annual report

Wednesday, April 30th, 2008

/This Press Release Is Not For Distribution To United States Newswire Services Or For Dissemination In The United States/ Heritage Oil Limited (“heritage” Or The “company” And Together With Subs…

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Crude Futures fall as U.S. inventories Soar Unexpectedly

Wednesday, April 30th, 2008

Oil futures fell on Wednesday as the U.S. Energy Department reported today crude supplies rose more than expected.

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This Week in Petroleum – Apr 30

Wednesday, April 30th, 2008

Factors Behind High Distillate Prices More Complex Than Gasoline
With gasoline and diesel fuel prices continuing to rise at the retail pump, many consumers may be feeling they are taking a bath on fuel expenses. This feeling

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Sunoco Logistics to buy Texas pipeline system from Exxon Mobil

Wednesday, April 30th, 2008

Sunoco Logistics operates refined-product and crude-oil pipelines and terminals. Oil refiner and gas retailer Sunoco Inc. owns the general partner and 41.4 …

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