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Wed, 10 Mar 2010
OPEC raises 2010 oil demand forecast
| March 10, 2010  TAREK EL-TABLAWY (AP Business Writer) | (AP) — World oil demand is projected to grow by 900,000 barrels per day in 2010, OPEC said Wednesday, revising up its previous month's forecast while cautioning that the increase is hinged on a sustained g...Full Story
OPEC raises 2010 oil demand forecast
| The Organization of the Petroleum Exporting Countries, supplier of about 35 percent of the world's crude, raised its demand forecast to 85.24 million barrels per day, roughly 100,000 barrels per day higher than its February projections. It also said demand for OPEC cr...Full Story
When Mother Nature needs a good talking to
| Despite the fear many people feel when 9 inches of snow are forecast, and the subsequent mad rush to the supermarket to get French toast fixings (milk, bread and eggs), my worries were mitigated by the behemoth in my driveway. It was Motor Trend magazine's Truck of th...Full Story
Risqué business
| IT IS TRUE THAT OUR GOVERNMENT IS spending more than P11 billion of our tax (blood?) money for our first ever fully automated elections. | By all counts, the not-so-cheap automation project is a clear 'go.' The Comelec answers every bit of criticism against the projec...Full Story
US STOCKS-Futures point to flat open as M&A heats up
* Abbott Labs to buy Facet Biotech for $27 per share * Apollo Management to buy Citi unit-report * Wholesale inventory, sales data on tap * Futures: Dow off 1 pt, S&P off 0.2 pts, Nasdaq up 2 pts (Updates prices, adds Brown-Forman results and crude oil) By Ryan Vlasteli...Full Story
UPDATE 1-Gazprom Neft urges Russia to revamp oil tax
* CFO says new, profit-based tax needed * 2010 organic investments rising 50 percent to $3.9 bln * Expects 2010 hydrocarbon output to increase 1.6 percent * In talks for $1 bln syndicated loan (Adds details, quotes, background) By Katya Golubkova MOSCOW, March 10 (Reute...Full Story
OPEC raises 2010 oil demand forecast
| CAIRO - OPEC has raised its projections for oil demand growth this year by 100,000 barrels per day, but stresses that gains could be eroded if the U.S. government scales back on stimulus efforts before the country's economy fully recovers. | The Organization of the Pe...Full Story
OPEC raises 2010 oil demand forecast
| CAIRO -- World oil demand is projected to grow by 900,000 barrels per day in 2010, OPEC said Wednesday, revising up its previous month's forecast while cautioning that the increase is hinged on a sustained global economic rebound, particularly in the United States. | ...Full Story
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Wed 10 Mar 2010
East Africa's Oil and Gas: Drilling, Exploration Rising
Yahoo Daily News | According to local lore, Portuguese travelers as far back as the late 19th century suspected oil might lie beneath parts of East Africa after noticing a thick, greasy sediment wash up on the shores of Mozambique. More interested in finding cheap la...
OPEC boosts 2010 oil demand forecast by 100,000 barrels a day; ties growth to global recovery
Hartford Courant CAIRO (AP) — OPEC has raised its projections for oil demand growth this year by 100,000 barrels per day, but stresses that gains could be eroded if the U.S. government scales back on stimulus efforts before the country's economy fully recovers....
OPEC boosts 2010 oil demand forecast by 100,000 barrels a day; ties growth to global recovery
Stockhouse | CAIRO, Egypt - OPEC has raised its projections for oil demand growth this year by 100,000 barrels per day, but stresses that gains could be eroded if the U.S. government scales back on stimulus efforts before the country's economy fully recovers. |...
Southern California Edison Orders 200 Megawatts of SunPower Panels for Large Utility Solar Project
Stockhouse ROSEMEAD, Calif., Mar 10, 2010 (BUSINESS WIRE) -- | Southern California Edison (SCE), an Edison International company (NYSE:EIX), and SunPower Corp. (Nasdaq: SPWRA, SPWRB) announced today that SunPower has won a contract to provide solar technology f...
SPW&L Telecom Upgrades Municipal Fiber Optic Network with Ciena's Carrier Ethernet Service Delivery Platforms
Stockhouse Network designed and managed by INOC delivers reliable Gigabit Ethernet connections for Sun Prairie School District, businesses, SPW&L smart water grid and other customers | LINTHICUM, Md., Mar 10, 2010 (BUSINESS WIRE) -- | Ciena(R) Corporation (...
Asia-Pacific Oil and Gas Pros Lead Industry in Workplace Adoption of Social Media, Reports Microsoft-Accenture Poll
Stockhouse Findings reveal Europe, Middle East and Africa on board mostly for finding resources; the Americas value knowledge transfer capabilities. | HOUSTON, March 10, 2010 /PRNewswire via COMTEX News Network/ -- | Oil and gas industry professionals in Asia P...
Clayton Williams Energy Announces 2009 Financial Results and Year-End Reserves
Stockhouse MIDLAND, Texas, Mar 10, 2010 (BUSINESS WIRE) -- | Clayton Williams Energy, Inc. (the "Company") (NASDAQ: CWEI) today reported its financial results for the quarter and year ended December 31, 2009, along with information about its proved oi...
GWSC Is Growing Rapidly in the Green Energy Sector
Stockhouse Note to Editor, the Following Is an Investment Opinion Issued by the IO News Wire. | NEW YORK, NY, Mar 10, 2010 (MARKETWIRE via COMTEX News Network) -- | GWS Technologies, Inc. (OTCBB: GWSC) announced yesterday that they will begin supplying CHS Farm...
RAM Energy Resources Reports Fourth Quarter and Year End 2009 Results
Stockhouse TULSA, Okla., Mar 10, 2010 (BUSINESS WIRE) -- | RAM Energy Resources, Inc. (Nasdaq: RAME) today announced fourth quarter and year ended December 31, 2009 earnings and operating results. | 2009 Highlights | -- Production for the 2009 year again reache...
PetroBakken Updates Strategic Acquisition of Cardium Focused Private Oil and Gas Company
Stockhouse CALGARY, ALBERTA, Mar 10, 2010 (Marketwire via COMTEX News Network) -- | PetroBakken Energy Ltd. ("PetroBakken") (TSX:PBN), a 64% owned subsidiary of Petrobank Energy and Resources Ltd. ("Petrobank") (TSX:PBG), is pleased to provi...
Brown-Forman 3Q profit falls on higher expenses
The News & Observer | LOUISVILLE, Ky. -- The maker of Jack Daniel's whiskey and Korbel champagne says its fiscal third-quarter profit slipped, pinched by higher expenses. | Brown-Forman Corp. also narrowed its full-year earnings forecast to account for a charge, sales t...
One Latin American market for the bold
Money Week | For many investors, Colombia remains a grey spot on their mental maps of South America. | La Violencia, the 50-year dark age in its recent past, came to an end with the close of the 20th century. But the memories are fresh, and the impact on the lo...
Schwarzenegger wants more drilling, less greenhouse gas
Fresno Bee | - swiegand@sacbee.com thefresnobee_994:/2010/03/10/1853218/schwarzenegger-wants-more-drilling.html E-Mail Print Text Size: tool name | tool goes here Comments (0) | Gov. Arnold Schwarzenegger on Tusday simultaneously defended the state's greenhouse...
OPEC raises 2010 oil demand forecast
Fresno Bee | The Associated Press thefresnobee_994:/2010/03/10/1853467/opec-raises-2010-oil-demand-forecast.html E-Mail Print Text Size: tool name | tool goes here Comments (0) | CAIRO -- OPEC has raised its projections for oil demand growth this year by 100,00...
UP Power Corporation to pay Rs 10L compensation for deficiency
Zeenews New Delhi: A consumer court has directed the Uttar Pradesh Power Corporation to pay a compensation of Rs 10 lakh for not providing electricity connection to a cement factory which amounted to "gross deficiency" in service. | The National Consumer Com...
UK PM Brown says government budget to be published in 2 weeks, paving way for election
Star Tribune | LONDON - Britain's economic recovery remains fragile, British Prime Minister Gordon Brown warned Wednesday, as he paved the way for a national election by announcing the government's budget would be published in two weeks. | In a pre-election swipe...
OPEC boosts 2010 oil demand forecast by 100,000 barrels a day; ties growth to global recovery
Star Tribune | CAIRO - OPEC has raised its projections for oil demand growth this year by 100,000 barrels per day, but stresses that gains could be eroded if the U.S. government scales back on stimulus efforts before the country's economy fully recovers. | The Or...
OPEC boosts 2010 oil demand forecast by 100,000 barrels a day; ties growth to global recovery
KDVR CAIRO (AP) — OPEC has raised its projections for oil demand growth this year by 100,000 barrels per day, but stresses that gains could be eroded if the U.S. government scales back on stimulus efforts before the country's economy fully recovers....
Oil drifts near $81 amid mixed US inventory data
Kansas City Star Related: | More News | Oil prices drifted down to near $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand. | Benchmark crude for April delivery was down 38 cents to $81.11 a barrel at late afternoon Singapore ...
OPEC raises 2010 oil demand forecast
Philadelphia Daily News | The Associated Press | CAIRO - OPEC has raised its projections for oil demand growth this year by 100,000 barrels per day, but stresses that gains could be eroded if the U.S. government scales back on stimulus efforts before the country's economy f...
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Full StoryWhen Mother Nature needs a good talking to
Full StoryOne Latin American market for the bold
Full StorySchwarzenegger wants more drilling, less greenhouse gas
Full StorySchwarzenegger defends California gas emissions law
Full StoryCalvalley Petroleum Inc. continues reserve growth momentum
Full StoryOPEC raises 2010 oil demand forecast
Full StoryUS STOCKS-Futures point to flat open as M&A heats up
Full StoryUPDATE 1-Gazprom Neft urges Russia to revamp oil tax