Monthly Archives: January 2012

Proven reserves of Ecopetrol Corporate Group increased by 8.3 % in 2011

99 of the reserves were audited by three specialized independent firms Gaffney Cline Associates Ryder Scott Company and DeGolyer and McNaughton. Ecopetrol39s Corporate Group proved net reser  More »

Railway crude exports to Kozmino resume after accident-Transneft

MOSCOW, Feb 1 (Reuters) – East Siberian-Pacific Ocean (ESPO) railway crude exports to Russia’s port of Kozmino resumed on Wednesday after an earlier train derailment, a spokesman for oil pipeline monopoly Transneft said on Wednesday.  More »

Tough Times for U.S. Electric Car Battery Makers

Companies need more consumer demand for electric vehicles to grow rapidly.  More »

Brent crude gains whilst tensions grow between Iran and the West

Brent crude increased 70 cents to 111.68 a barrel by 0915 GMT just below its 200day moving average of 111.77 a source of technical resistance. U.S. crude gained 51 cents to 98.99 a barrel. Meas  More »

Romney victorious in Florida primary

Mitt Romney clinched a commanding victory in the Florida Republican presidential primary, restoring his status as the frontrunner in the race to be the party’s candidate against Barack Obama  More »

Gingrich faces uphill battle after Florida

Mitt Romney’s campaign organisation and funding may be too much for rival after crushing victory in Republican primary  More »

Dot Earth Blog: Climate Researchers Get Their Wall Street Journal Moment

A long list of climate scientists clarifies why experts are worried about unabated greenhouse gas emissions.  More »

Exxon to Keep Its Foot on Gas Pedal

Exxon said it has no intention of curtailing gas production even as analysts predict prices for the fuel could remain at a historically low level through next year.  More »

Exxon to Keep Its Foot on Gas Pedal

Exxon said it has no intention of curtailing gas production even as analysts predict prices for the fuel could remain at a historically low level through next year.  More »

Anxious Refineries Need Closure

Rare is the industry that rallies on news of a bankruptcy. Oil refining is one of them.  More »

Refiners, Union Brace for Strike

Contract negotiations continued for U.S. refiners and the United Steelworkers union Tuesday, with the possibility of a strike giving gasoline and diesel prices a slight bump.  More »

SM Energy Schedules Fourth Quarter and Full Year 2011 Earnings Conference Call

DENVER–(BUSINESS WIRE)–SM Energy Company (NYSE: SM) is scheduled to release details regarding its earnings for the fourth quarter and full year of 2011 after the close of trading on February 22, 2012. A teleconference to discuss these results and oth…  More »

Stock Values Rise When Companies Disclose “Green” Information, UC Davis Graduate School of Management Study Finds

DAVIS, Calif.–(BUSINESS WIRE)–UC Davis Graduate School of Management Prof. Paul Griffin’s study finds that it pays to be green, as companies that share greenhouse gas emissions data see stock values rise.  More »

Ex-Credit Suisse traders face US charges

Criminal charges expected for alleged mispricing of mortgage-related securities that resulted in a $2.8bn writedown by the bank at the height of the financial crisis  More »

Singapore Stocks-May fall on weak US data; SMRT in focus

SINGAPORE, Feb 1 (Reuters) – Singapore shares may open lower on Wednesday, following losses on Wall Street overnight as weaker-than-expected U.S. economic data stoked concern over the resilience of the country’s economic growth. Public transport o…  More »
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