December 2008 Archive

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Poison shrub oil powers New Zealand airline flight (Reuters)

by Yahoo! News: Business - Energy & Oil Industry
Reuters - Oil from the seeds of a poisonous shrub helped power a New Zealand airliner in a test flight, at a time when airlines hit by high oil prices and pressured over the impact of planes on the environment seek greener fuels.

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Gazprom: Russia to cut gas supplies to Ukraine (AP)

by Yahoo! News: Business - Energy & Oil Industry

Russia's natural gas monopoly Gazprom headquarters Moscow, Russia, Wednesday, Dec. 31, 2008. Russia's state gas monopoly Gazprom said Wednesday that Ukraine has threatened to seize gas intended for European customers if no deal is reached on gas shipments to Ukraine starting Jan. 1, 2009. (AP Photo/Sergey Ponomarev)AP - Russia's state gas monopoly said it would cut off all natural gas supplies to Ukraine early Thursday after the two sides failed to agree on how much Ukraine would pay in 2009.


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Gazprom: Russia to cut gas supplies to Ukraine (AP)

by Yahoo! News: Business - Energy & Oil Industry

Russia's natural gas monopoly Gazprom headquarters Moscow, Russia, Wednesday, Dec. 31, 2008. Russia's state gas monopoly Gazprom said Wednesday that Ukraine has threatened to seize gas intended for European customers if no deal is reached on gas shipments to Ukraine starting Jan. 1, 2009. (AP Photo/Sergey Ponomarev)AP - Russia's state gas monopoly Gazprom said it will cut off all gas supplies to Ukraine on Thursday morning after the two sides failed to reach an agreement on how much Ukraine will pay in 2009.


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Crude ends extraordinarily volatile year below $45 (AP)

by Yahoo! News: Business - Energy & Oil Industry

This is a  Feb. 12 , 2008, file photo of a  gas pressure gauge of a  gas pipeline from Russia is seen in a gas storage and transit point in Boyarka, just outside Kiev . Russia's state-owned natural gas company Gazprom will stop shipments to Ukraine if it doesn't pay a US$2 billion debt and agree to sharply higher payments for future deliveries by New Year's Eve, the company's chief executive said Tuesday Dec. 30, 2008. (AP Photo/Sergei Chuzavkov)AP - Oil prices jumped 14 percent on New Year's Eve, capping a year that saw prices soar to unprecedented heights only to give up four years of gains in just five months.


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Crude ends extraordinarily volatile year below $45 (AP)

by Yahoo! News: Business - Energy & Oil Industry

This is a  Feb. 12 , 2008, file photo of a  gas pressure gauge of a  gas pipeline from Russia is seen in a gas storage and transit point in Boyarka, just outside Kiev . Russia's state-owned natural gas company Gazprom will stop shipments to Ukraine if it doesn't pay a US$2 billion debt and agree to sharply higher payments for future deliveries by New Year's Eve, the company's chief executive said Tuesday Dec. 30, 2008. (AP Photo/Sergei Chuzavkov)AP - Oil prices jumped 14 percent on New Year's Eve, capping a year that saw prices soar to unprecedented heights only to give up four years of gains in just five months.


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Oil jumps 14 percent, products up (Reuters)

by Yahoo! News: Business - Energy & Oil Industry

A woman fills petrol into her car at a filling station in Puchheim westward of Munich in this December 12, 2008 file photo. (Michaela Rehle/Reuters)Reuters - U.S. crude oil rose 14 percent on the final trading day of 2008 in thin pre-holiday trade on Wednesday, tracking a jump in gasoline as a slowdown in domestic refinery activity sparked fears of tightening fuel supply this winter.


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Oil jumps 14 percent, products up (Reuters)

by Yahoo! News: Business - Energy & Oil Industry

A woman fills petrol into her car at a filling station in Puchheim westward of Munich in this December 12, 2008 file photo. (Michaela Rehle/Reuters)Reuters - U.S. crude oil rose 14 percent on the final trading day of 2008 in thin pre-holiday trade on Wednesday, tracking a jump in gasoline as a slowdown in domestic refinery activity sparked fears of tightening fuel supply this winter.


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Oil ends 2008 with surge, but more than 100 dlrs below record (AFP)

by Yahoo! News: Business - Energy & Oil Industry

An oil platform off the coast of Angola. Oil prices surged Wednesday at the end of a tumultuous 2008 which saw crude zoom to record peaks mid-year only to fall precipitously as the global financial crisis pummelled economies.(AFP/File/Marcel Mochet)AFP - Oil prices surged Wednesday at the end of a tumultuous 2008 which saw crude zoom to record peaks mid-year only to fall precipitously as the global financial crisis pummelled economies.


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China delays massive water scheme to redirect rivers from south to north

by Rhett Butler

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Gazprom: Russia to cut gas supplies to Ukraine (AP)

by Yahoo! News: Business - Energy & Oil Industry
AP - Russia's state gas monopoly Gazprom said it will cut off all gas supplies to Ukraine on Thursday morning after the two sides failed to reach a deal.

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