ABOT Mining’s Aztlan 8B’s Final Portion Has Been Cleared for Access

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SHERMAN OAKS, Calif., March 2, 2012 /PRNewswire/ –ABOT Mining (Pink Sheets: ABOT.pk) announces that final portion of Aztlan 8B property has been cleared to allow Company’s personnel to access geological anomalies that were identified during previous work phases. The Company…
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Market Snapshot: U.S. stocks retreat along with energy sector

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U.S. stocks close modestly lower, with the Dow Jones Industrial Average logging its third weekly loss in nine this year.

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Solar bill on life support

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Legislation encouraging the development of solar power in Georgia is in critical condition in the General Assembly. Sen. Buddy Carter, R-Pooler, pulled his proposal from a Senate committee’s agenda this week because it didn’t have enough votes to pass. The bill would make it easier for businesses and other property owners to finance the installation of solar panels by entering into power purchasing agreements with solar companies. Current Georgia law prohibits such third-party financing, leaving the state’s electric utilities with …
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NYMEX-US crude lower as Saudi worries ease, dollar rises

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* Reversal after Thursday rally weakens prices on week
* Mideast tensions focus of Obama-Netanyahu meeting Monday
* Speculators raise U.S crude net longs-CFTC
* Coming up: U.S. durable goods, service sector data, Monday

March 2 (Reuter…

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ExxonMobil to Reward SpeedpassTM Customers With Additional Savings per Gallon

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FAIRFAX, Va.–(BUSINESS WIRE)–ExxonMobil to Reward Speedpass(TM) Customers With Additional Savings per Gallon; 15 Cents per Gallon Rebate Available for 60 Days After Customers Register Online

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TEXT-Fitch affirms PEMEX Finance Ltd ratings

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March 2 – Fitch Ratings has affirmed the following ratings for Pemex Finance Ltd. with a Stable Rating Outlook: –Series 1998 9.15% Notes due 2018 at ‘A’; –Series 1999 10.61% Notes due 2017 at ‘A’; –Series 1999 LIBOR+ 3.50% Notes due 2014 at ‘A’; –Series 1999 LIBOR+ 3.25% notes due 2014 at ‘A’. PEMEX Finance Ltd. is a Cayman Islands special purpose company wholly owned by Petroleos Mexicanos (PEMEX) S.A. de C.V. The program is backed by the sale of …
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Pampa Energia Announces Cancellation of Early Dividend

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BUENOS AIRES, Argentina, March 2, 2012 /PRNewswire/ — Pampa Energia S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), announces today that the Company’s Board of Directors decided to cancel the early dividend approved on January 4, 2012, for the am…
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UPDATE 10-Oil falls, posts weekly loss after Saudi supply scare

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* Saudi denies pipeline fire, oil prices pull back
* Dollar strengthens, pressures dollar-denominated oil
* Coming up: Obama, Netanyahu to meet in Washington Monday

(Updates trading volume, adds CFTC data paragraph 12)
By Robert Gibbons …

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Plaintiffs eye assets beyond Ecuador

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The legal team representing Ecuadorean plaintiffs who won an $18 billion
landmark case against oil giant Chevron for polluting the Amazon jungle will
target the company’s assets in Panama and Venezuela in a bid to collect the
award.
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Eurozone leaders point to recovery

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EU leaders say raft of emergency measures has settled financial markets and bought time to tackle the euro’s longer-term economic problems
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