Exxon, Shell win Iraq oil field deal BAGHDAD A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC today signed a $50 billion deal to develop one of Iraq s most prized oil fields, as the OPEC nation looks to revamp its battered energy sec...
4.1K - Nov. 5, 2009; scored 732.0 Reliance on locally made biodiesel increases PORTLAND Pulling up to the pump in a diesel car or rig? In Oregon from now on, a small portion of the fill-up will be soybean squeezings or recycled cooking grease. Biodiesel production has reached a level in Oregon that triggered a mandate from th...
4.5K - Aug. 10, 2009; scored 57.0 GM exits bankruptcy; CEO vows to do better DETROIT A leaner General Motors arose today, making an unusually quick exit from bankruptcy with ambitions of making money and building cars people are eager to buy. Once the world s largest and most powerful automaker, new GM is now cleansed of ma...
5.3K - Jul. 10, 2009; scored 57.0 Iraqi Cabinet approves BP's offer on Rumaila BAGHDAD (AP) - Iraq's government today approved a BP-led consortium's offer to develop a giant oil field in the south, moving forward with the only deal struck during a much-hyped but ultimately disappointing international oil auction. Iraq, which is...
2.8K - Jul. 1, 2009; scored 57.0 Big oil sure could afford rebates I heard on the news May 20, that NW Natural is being asked to refund money to its customers because they were able to purchase natural gas at a lower price. This is a strange request in a free enterprise government, but I guess it is all part of the ...
1.2K - May. 28, 2009; scored 57.0 Qatar boosts gas output as world demand shrinks RAS LAFFAN, Qatar - This tiny U.S. ally is showing few signs of the world economic crisis, even as some of its Persian Gulf neighbors struggle with debt, stalled projects and the collapse in oil prices. The force driving Qatar: A virtual pipeline to ...
4.7K - Apr. 10, 2009; scored 57.0 Oil execs urge offshore drilling WASHINGTON (AP) Executives of the biggest oil companies are taking their case for expanded offshore drilling to Congress, even as Democratic congressional leaders and the Obama administration promise to put some limits on energy development along t...
3.4K - Feb. 25, 2009; scored 57.0 Exxon Mobil shatters U.S. record for annual profit HOUSTON (AP) Exxon Mobil Corp. today reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago. The previous record for annual profit was &a...
4.0K - Jan. 30, 2009; scored 1000.0 Kenya: Somali pirates collect $150 million NAIROBI, Kenya (AP) Somali pirates have collected more than $150 million in ransoms over the past year, Kenya s foreign affairs minister said today, calling on ship owners not to pay when their vessels are hijacked. In the past two weeks S...
4.3K - Nov. 21, 2008; scored 57.0 Ted Stevens fall points to political shift ANCHORAGE, Alaska Alaska s incoming senator is bullish on gun rights, wants to open the Arctic National Wildlife Refuge to oil and gas drilling and believes less government is better. And he s a Democrat. But definitely different than a New York ...
4.2K - Nov. 21, 2008; scored 57.0 |