Heating Oil

Mines workers union call for assessment oil contracts
The Mines Workers Union (GMWU) of Trades Union Congress (TUC) on Friday added its voice to call on government to re-assess all oil contracts signed between Ghana and foreign multinationals. | Mr Princ... Modern Ghana

Crude oil tumbles to $66
| SINGAPORE—Oil prices hovered above $66 a barrel Friday in Asia in light holiday trading volume a day after grim unemployment numbers from the US and Europe sent crude prices tumbling. | Benchm... Manila Standard Today

Mines workers union call for assessment oil contracts
The Mines Workers Union (GMWU) of Trades Union Congress (TUC) on Friday added its voice to call on government to re-assess all oil contracts signed between Ghana and foreign multinationals. | Mr Princ... Joy Online

RIL moves SC challenging Bombay HC order on gas pricing
|               Text: NEW DELHI: Mukesh Ambani-run Reliance Industries on Saturday moved the Supreme Court challenging the Bombay High Court judgement that aske... The Times Of India

RIL agrees to abide by PSC, seeks to avoid petro min penal action
|               Text: Even as the RIL-RNRL litigation over KG Gas is landing in the Supreme Court, Reliance Industries has informed the petroleum ministry that ... The Times Of India

Joint Agreement Signed between World Energy Research and Blue Energy Canada
| AUCKLAND, New Zealand, July 4 /PRNewswire-FirstCall/ -- World Energy Research and Blue Energy Canada have signed a joint agreement in which World Energy Research will finance the development of Blue... PR Newswire

U.S. has earned discount on Iraqi oil
| I am certainly not an expert in the political arena, but if I read your Monday paper correctly, China is trying to get Iraqi oil. With all the lives and money it has cost the people of the United St... Herald Tribune

Number of active oil rigs grows by 11
Comments 0 | HOUSTON — The number of rigs actively exploring for oil and natural gas in the United States rose by 11 this week to 928, the third consecutive week for an uptick after months of de... The Oklahoman

Oil brokerage says it lost $10m on rogue trades
| LONDON - PVM Oil Associates, the world’s biggest over-the-counter oil brokerage, says it lost nearly $10 million this week because of unauthorized trades that caused a temporary spike in Brent... The Boston Globe

Oil falls to below $66 a barrel
| Crude oil futures in New York fell below $66 a barrel, a 10 percent decline from this year’s high, marking a market “correction.’’ | ... The Boston Globe

Top diplomat visits Honduras to deliver ultimatum
| TEGUCIGALPA, Honduras (AP): The Americas' top international diplomat flew to Honduras on Friday to give the coup-backed government a firm ultimatum: Restore the president within 24 hours or face cri... The Star

Honduras rejects Zelaya restoration
| Honduras's supreme court has rejected an ultimatum by the Organisation of American States (OAS) to reinstate the country's president after he was deposed in a military-backed coup. | The presid... Al Jazeera

Oil sinks to $66 a barrel, falling by 4 percent in a day
| Saturday, July 04, 2009 | - Powered by | LONDON: Oil fell towards $66 a barrel on Friday, adding to a drop of nearly 4 percent the previous day, as unemployment data hardened views economic weakness... Daily Star Lebanon

The good oil: US Air Force meets Pimp My Ride
4:00AM Saturday Jul 04, 2009 | The US Air Force has teamed up with the bodyshop behind the TV series Pimp my Ride in an effort to recruit more young-bloods. Galpin Auto Sports has built a couple of al... NZ Herald

Honduran coup leaders
| TEGUCIGALPA: Leaders of a coup in Honduras have said they would consider early elections as a way to resolve the country's political crisis, ahead of a visit by the head of the Organization of Ameri... The Manila Times

Obama's Africa visit prompts Nigerian, Kenyan angst
| LAGOS (Reuters) - U.S. President Barack Obama's choice of Ghana for his first official trip to Africa next week has triggered a bout of self-questioning in Nigeria and Kenya, where many see his itin... The Star

Early Honduras elections floated
| TEGUCIGALPA: Leaders of a coup in Honduras have said they would consider early elections as a way to resolve the country's political crisis, ahead of a visit by the head of the Organisation of Ameri... The Australian

House climate bill wouldn't cut U.S. oil dependence much
| - McClatchy Newspapers | WASHINGTON - Despite its title as the "American Clean Energy and Security Act," the energy and climate bill that the House of Representatives passed recently takes only a mo... Fresno Bee

Oil brokerage loses $10 mln on rogue trades
| LONDON -- PVM Oil Associates, the world's biggest over-the-counter oil brokerage, says it lost nearly $10 million this week because of unauthorized trades that caused a temporary spike in Brent crud... The State

House climate bill wouldn't cut U.S. oil dependence much
| WASHINGTON - Despite its title as the "American Clean Energy and Security Act," the energy and climate bill that the House of Representatives passed recently takes only a modest step toward reducing... The Tribune San Luis Obispo

Oil hovers above $66 after weak jobs data
| SINGAPORE -- Oil prices hovered above $66 a barrel Friday in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent prices tumbling. | By mid-afternoon in Europe, ... The State

House climate bill wouldn't cut U.S. oil dependence much
| WASHINGTON - Despite its title as the "American Clean Energy and Security Act," the energy and climate bill that the House of Representatives passed recently takes only a modest step toward reducing... The Miami Herald

House climate bill wouldn't cut U.S. oil dependence much
| WASHINGTON - Despite its title as the "American Clean Energy and Security Act," the energy and climate bill that the House of Representatives passed recently takes only a modest step toward reducing... The State

Iran plans huge gas investment
| Tehran: Iran plans to invest around $70 billion (Dh257 billion) in two major offshore natural gas fields in the 2010-15 period, a senior official said in comments broadcast on Friday. | Seifollah Ja... Gulf News