3/10/10,
Oil struggles for clear direction from $81.50
(Reuters)
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Reuters - Oil failed to find momentum in either direction for a clear move away from $81.50 on Wednesday as investors waited for data on U.S. stocks or OPEC's monthly report ahead of next week's meeting to provide impetus.
3/10/10,
East Africa new frontier for oil exploration
(AFP)
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AFP - East Africa has become a promising new frontier for oil exploration and major multinationals are jostling for the rights to search for black gold, industry experts said.
3/9/10,
Dozen centuries-old shipwrecks found in Baltic Sea
(AP)
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AP - A dozen centuries-old shipwrecks — some of them unusually well-preserved — have been found in the Baltic Sea by a gas company building an underwater pipeline between Russia and Germany.
3/9/10,
Energy Dept. still sees $3-plus gasoline coming
(AP)
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AP - The Energy Department hasn't changed its mind about higher gasoline prices. It still expects pump prices to climb past $3 per gallon as more motorists hit the road in the spring and summer driving seasons. Read more...
AP - Oil tanker operator Overseas Shipholding Group Inc. said Tuesday it has collected $158.7 million in proceeds from its offering of 3.5 million common shares at $45.33 each. Read more...
3/9/10,
Oil prices slip on stronger dollar
(AFP)
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AFP - Oil prices slipped Tuesday under pressure from a stronger dollar and ahead of weekly data on petroleum inventories in the United States, the world's largest energy consumer.
AP - Oil prices trimmed some early losses, but still ended lower Tuesday, after rising steadily since the end of last week. A stronger dollar and concerns about rising crude inventories pushed oil prices down. Read more...
3/9/10,
Governor Rendell Says Federal Recovery Act-Funded Rebates Will Make Energy-Efficient Home Heating Equipment More Affordable
(PR Newswire)
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PR Newswire - Resource Solutions Group Chosen to Manage $11 Million Program that Complements Rebates by Electric Utilities Read more...
3/9/10,
Israel, Syria eye nuclear power plants
(AFP)
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AFP - Israel and Syria each announced plans Tuesday to develop nuclear power to meet the energy needs of the volatile Middle East, during a conference hosted by France to promote reactors.
3/9/10,
Israel wants nuclear plant with Arab neighbours
(AFP)
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AFP - Israel unveiled plans Tuesday to work with its Arab neighbours to build a nuclear power plant in a project aimed at meeting the region's energy needs and promoting peace.
3/9/10,
Syria wants to develop nuclear energy
(AP)
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AP - A senior Syrian official says his country would like to pursue nuclear power to meet growing energy needs. Read more...
3/9/10,
No U.S. word on Reliance's fuel sale to Iran: India minister
(Reuters)
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Reuters - The United States has not raised the issue of gasoline sales by Reliance Industries to Iran, but New Delhi has told the U.S. government that issues with Tehran should be settled by talks, not sanctions, India's junior oil minister said. Read more...
