Heating Oil

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Iranian oil workers work at Tehran's oil refinery, Iran, Saturday, Nov. 17, 2007. Iran's president said Saturday that the Organization of Petroleum Exporting Countries is "under heavy economic and political pressures" and that the oil prices are below its real value, state-run-news agency reported. Iran creates national fund for energy projects
| Tehran, February 08: Iran is to create a "national energy fund" to meet the need for capital for oil and gas projects, the Iranian Oil Minister says. | "The special fund will be created through coop... (photo: AP / Vahid Salemi) The Siasat Daily
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Adco plans to award $1.8b contracts to develop fields
More from Oil & Gas | ... Gulf News

UAE's ADCO targets 1.8 million bpd oil output by 2017
| ABU DHABI (AFP) – Abu Dhabi's state-owned oil firm ADCO is to invest billions of dollars to hike onshore production by 400,000 barrels per day to 1.8 million bpd by 2017, its general manag... Yahoo Daily News

Oil inches up on geopolitics, dollar and cold
* Dollar weakens against basket of currencies * Cold expected in US heating fuel regions this week * Iran raises stakes in nuclear dispute (Recasts, updates prices, market activity) By Edward McAllist... The Guardian

Oil revenue: How independent will the ‘independent body’ be?
The Vice President of FIDA international, Ursula Owusu, has questioned the independence of the ‘body’ to be set up by the government to manage revenue expected from the country’s oil resource. | She s... Joy Online

Condo fire leaves two homeless in Kent
| A condo fire that was caused by oil heating on a stove top has left two people homeless in the 11300 block of S.E. 209 Place. | Man found dead from apparent suicide in Flaming Geyser Park | Valley M... Seattle Post

Green Earth Technologies to Debut Ultimate Biodegradable, NMMA Certified, G-OIL(R) TC-W3(R) 2-Cycle Marine Oil at ...
Posted on: Monday, 8 February 2010, 08:00 CST | STAMFORD, Conn. Feb. 8 /PRNewswire-FirstCall/ -- Green Earth Technologies (Pink Sheets: GETG), a leading manufacturer and marketer of "green" environmen... redOrbit

CPower Raises the Stakes
  Leading Energy Management and Demand Response Company Doubles Megawatts Under Management in 2009 | NEW YORK, Feb. 8 /PRNewswire/ -- CPower, a leading energy management and demand response firm,... PR Newswire

Forest Gate Energy Secures Exclusive Option to Acquire Additional 37,264 Net Acres in Utah
| Shares outstanding: 25 Million Symbol & exchange: FGE-V | MONTREAL, Feb. 8 /PRNewswire-FirstCall/ - Forest Gate Energy Inc. reports that it has entered into an exclusive option agreement with a ... PR Newswire

Oil: Wintry weather drives energy prices higher
NEW YORK — Natural gas prices climbed Monday as another winter storm was expected to dump even more snow on the East Coast. | Already, parts of Virginia, Maryland, Pennsylvania and Washington are bl... Tulsa World

Green Earth Technologies to Debut Ultimate Biodegradable, NMMA Certified, G-OIL(R) TC-W3(R) 2-Cycle Marine Oil at Miami International Boat Show
| Download image | STAMFORD, Conn. Feb. 8 /PRNewswire-FirstCall/ -- Green Earth Technologies (Pink Sheets: GETG), a leading manufacturer and marketer of "green" environmentally safe consumer packaged ... PR Newswire

The Buzz: Gold and oil down. But not out?
February 8, 2010: 11:51 AM ET | NEW YORK (CNNMoney.com) -- It hasn't been a good year for the black and gold. | Oh sure, fans of the New Orleans Saints are partying today following their team's first ... CNN

Wintry weather drives energy prices higher
NEW YORK (AP) -- Natural gas prices climbed Monday as another winter storm was expected to dump even more snow on the East Coast. | Already, parts of Virginia, Maryland, Pennsylvania and Washington ar... The Associated Press

Tullow Oil close to Ugandan oil deal
| Heritage Oil has said the sale of its assets in Uganda to the UK's Tullow Oil will be approved "imminently". | In a statement, the Jersey-based firm said it and Tullow were working closely... BBC News

BP shareholders protest oil sands project
| Fred Pals, Bloomberg  Network Canada.com Newspapers National Post Victoria Times Colonist The Province (Vancouver) Vancouver Sun Edmonton Journal Calgary Herald Regina Leader-Post Saskatoon StarPho... National Post

Oil above $71 amid US cold snap, Iran tensions
| February 8, 2010  PABLO GORONDI (Associated Press Writer) | Oil prices held above $71 a barrel Monday after hitting a two-month low last week, boosted by tensions over Iran's nuclear program an... Newsday

DENR shuts down Bulacan bunker oil plant
| ANGAT, Bulacan, Philippines -- Environment Secretary Eleazar Quinto on Monday closed a factory producing bunker and industrial oil in the upland village of Pulong Yantok here after residents complai... Inquirer

Oil above $71 amid US cold snap, Iran tensions
| PABLO GORONDI | The Associated Press | Oil prices held above $71 a barrel Monday after hitting a two-month low last week, boosted by tensions over Iran's nuclear program and a cold snap in the U.S. ... Philadelphia Daily News

Oil above $71 amid US cold snap, Iran tensions
| Oil prices held above $71 a barrel Monday after hitting a two-month low last week, boosted by tensions over Iran's nuclear program and a cold snap in the U.S. northeast. | Gains were kept in check b... The Star

Oil rises on weaker dollar
February 8, 2010: 8:32 AM ET | NEW YORK (CNNMoney.com) -- Oil prices rose above $71 a barrel Monday on a weaker dollar, recovering from last week's losses. | What prices are doing: Crude oil for March... CNN

Oil holds above $71 in rebound after sharp slide
  | * Oil's slide Friday to lowest since December 15 seen overdone | Submit your comment | Oil held above $71 (R550) a barrel on Monday, supported by a weaker US dollar and as some investors view... Business Report

RETRANSMISSION-Tethys Petroleum Limited: Kazakh Exploration Well Flows Over 6,800 Barrels of Oil per Day
BOZOI, KAZAKHSTAN, Feb 08, 2010 (MARKETWIRE via COMTEX News Network) -- | Tethys Petroleum Limited ("Tethys" or the "Company") (TSX: TPL) today announced the initial results of tes... Stockhouse

Branson warns that oil crunch is coming within five years
| Sir Richard Branson and fellow leading businessmen will warn ministers this week that the world is running out of oil and faces an oil crunch within five years. | The founder of the Virgin group, wh... Newsvine

Oil above $71 amid US cold snap, Iran tensions
Oil prices held above $71 a barrel Monday after hitting a two-month low last week, boosted by tensions over Iran's nuclear program and a cold snap in the U.S. northeast. | Gains were kept in check by ... The Associated Press

Small BP shareholder group protests oil sands production
| BP Plc shareholders put a resolution to the annual meeting on April 15 for a review of the risks of the company's Canadian oil sands project, following a similar protest against competitor Royal Dut... Houston Chronicle

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