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Thursday November 26, 2009
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  • Why gold may extend lead over oil 26 Nov 2009 04:36 GMT
    ... Why gold may extend lead over oil Strategist says crude will struggle for further ... stores on land, millions of barrels of refined oil products have stacked up in floating ...

  • Heating Oil and Gasoline Seasonal Strategies 26 Nov 2009 00:41 GMT
    ... lot of volatility. When you trade crude oil, you have to be right about the ... heating season pushes heating oil higher. The refiners and the rate at which they produce ... helps explain heating oil’s premium over gasoline. Refining rates affect the price differentials between the ...

  • Dung Quat Oil Refinery to be handed over by December 26 Nov 2009 04:31 GMT
    ... Dung Quat Oil Refinery to be handed over by December Nhan Dan Online – After having completed the ...

  • New projects may ease tensions, lift Africa's oil output 26 Nov 2009 00:39 GMT
    ... African oil output will rise sharply in the coming ... output will be limited until pipeline or refining infrastructure is built. Italian major ENI this ... in talks with the government on a refinery deal. Many other mature oil producers in ...

  • Projects, easing tensions to lift Africa oil production 26 Nov 2009 04:36 GMT
    ... Valdmanis DAKAR, Nov 25 (Reuters) - African oil output will rise sharply in the coming ... output will be limited until pipeline or refining infrastructure is built. Italian major ENI this ... in talks with the government on a refinery deal. Many other mature oil producers in ...

  • IPIC says won't follow S.Korea refiner stake sale ruling 26 Nov 2009 05:36 GMT
    ... SEOUL, Nov 26 - Abu Dhabi-based International Petroleum Investment ... its controlling stake in a South Korean refiner until local courts enforced it. IPIC has ... the delayed deal. IPIC, which invests in oil-related projects for the government of Abu Dhabi, ...

  • Oil above $77 on weak dollar, lower inventory build 26 Nov 2009 05:35 GMT
    ... Steam and other emissions are seen coming from funnels at an oil refinery in Melbourne... Oil was steady above $77 a barrel on Thursday in holiday-thinned trade, ...

  • Plastics Bioengineered Without Fossil Fuels 26 Nov 2009 05:10 GMT
    ... Polymers are molecules found in everyday life in ... derived from fossil oils made through the refinery or chemical process," said Lee. "The idea ... PLA is considered a good alternative to petroleum based plastics as it is both biodegradable ...

  • Crude oil stockpiles climb by 1 million barrels 26 Nov 2009 01:42 GMT
    ... Crude oil stockpiles climb by 1 million barrels NEW ... a day. At the same time, U.S. refineries ran at 80.3 percent of total capacity ...

  • Lawsuit Filed after Refinery Worker Passes away from Mesothelioma 26 Nov 2009 04:30 GMT
    ... Another lawsuit has recently been filed on behalf ... to asbestos during his employment with the oil company. Betty Lou, Mr. Cunningham’s wife, had her ...

  • Preparing, and Bracing, for New Emissions Rules 26 Nov 2009 02:12 GMT
    ... The nation's corporations have long been bracing for the ... to hurt some energy-intensive businesses, like petroleum refiners and coal-fired power plants, and some manufacturers, ... an attack on global warming would require. Oil producers have opposed the current climate legislation ...

  • RIL again reopens petrol pumps, selling petrol at govt rates 26 Nov 2009 04:32 GMT
    ... The Mukesh Ambani-run Reliance Industries has reopened about two-thirds ... kilolitres of auto fuel per day, RIL president-refinery business P Raghavendran said on Tuesday. "We ... the subsidised price offered by the government-owned IndianOil, Bharat Petroleum and Hindustan Petroleum, who got ...

  • Reliance bids to be global player with LyondellBasell offer 26 Nov 2009 03:30 GMT
    ... worth up to US$12 billion to buy fuels and chemicals maker LyondellBasell Industries. "The deal ... said. Reliance, which operates the world's largest refinery, would "get the global footprint and distribution ... Indian corporate behemoth by investing in its refining and other operations rather than through acquisitions. ...

  • UPDATE 1-S.Korea Dec crude runs to decline from Nov-survey 26 Nov 2009 03:26 GMT
    ... processing volume in December for South Korean refiners will decline 0.4-0.9 percent from November due to poor refining margins, a Reuters survey The volume will ... for clearance, data from state-run Korea National Oil Corp (KNOC) showed last Friday. A KNOC ...

  • Shareholders overwhelmingly endorse split of EnCana into two distinct and independent companies ' Cenovus Energy 26 Nov 2009 00:25 GMT
    ... energy companies: Cenovus Energy Inc., an integrated oil company and EnCana Corporation, a pure play ... Canadian enhanced oil assets and United States refinery interests, underpinned by a well-established natural gas ... integrated North American oil business with ConocoPhillips; refining and marketing margins; potential disruption or unexpected ...


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