June 2009 Archive
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30 June 2009Chinese Energy Giant CNOOC Mixes State, Shareholder Owners (Investor’s Business Daily)
by Yahoo! News: Business - Energy & Oil Industry
Investor's Business Daily - China National Oil Co. is usually viewed as a tool of government interests -- a state-owned entity that hungrily seeks overseas oil and exploration contracts to meet China's burgeoning energy needs.
Nation - Tuesday (Investor’s Business Daily)
by Yahoo! News: Environment News
Investor's Business Daily - The Environmental Protection Agency gave Calif. go-ahead to impose new restrictions geared to reduce greenhouse gas emissions. The long-standing request, which had been denied by the Bush administration, would clear the way for a law to be enacted requiring new cars to increase their fuel economy 40% by 2016.
Areva to sell transmission division to raise cash (AP)
by Yahoo! News: Environment News
AP - Nuclear power giant Areva said Tuesday it would sell its transmission and development division in a bid to raise cash to shore up its balance sheet and fund future investments.
Wall St brakes on confidence data, but has upbeat Q2 (Reuters)
by Yahoo! News: Business - Energy & Oil Industry
Reuters - Stocks fell on Tuesday as an unexpected drop in consumer confidence cooled recent optimism about an economic recovery, but Wall Street still closed out its best quarter in a decade.
No major Iraq oil output increase in next 5 years: IEA (Reuters)
by Yahoo! News: Business - Energy & Oil Industry
Reuters - Iraq faces regulatory, administrative and political barriers that will prevent it from major oil production expansion for at least five years, David Fyfe, the head of the International Energy Agency's Oil Industry and Markets Division, said on Tuesday.
Denmark wants to speed up climate negotiations (AFP)
by Yahoo! News: Environment News
AFP - Denmark on Tuesday said negotiations on a new global climate deal were proceeding "too slowly" and called for speeding up the process before a crucial UN summit in less than six months.
Oil falls 2 percent, U.S. consumer confidence weighs (Reuters)
by Yahoo! News: Business - Energy & Oil Industry
Reuters - Oil prices fell 2 percent to below $70 a barrel on Tuesday after a drop in U.S. consumer confidence data in May added to concerns over a potential economic rebound.
Oil prices fall in volatile trading (AP)
by Yahoo! News: Business - Energy & Oil Industry
AP - Oil prices fell in volatile trading Tuesday not long after hitting an eight-month high.
