National Review Online:
The West’s standoff with the Iranian regime over its illicit nuclear activities simultaneously grows simpler and more vexatious. It grows simpler as we reach a more and more certain judgment about the regime’s intentions vis-à-vis its nuclear program; it grows more vexatious as the terrifying nature of that judgment crystal (Read More)
New York Times:
An investment company owned by Qatar's sovereign wealth fund has signed a $26 billion joint venture with Germany's national railway operator to build a railroad network in the natural gas-rich Gulf sheikdom. (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) -- Soleil Securities on Monday boosted its 2010 earnings targets for Exxon Mobil and Chevron , while cutting its profit outlook for ConocoPhillips and Valero . Analyst Jacques Rousseau reiterated his buy ratings for Exxon and Chevron and said a rise in forward curve prices for crude oil more than of (Read More)
India Times:
New York Mercantile Exchange natural gas futures ended with modest gains on Friday, as colder forecasts for late next week and early December prompted shorts to cover despite a mild weekend outlook that pressured the cash market. (Read More)
Huffington Post:
Having an appreciation for Al Gore's commitment to science and advocacy of responsible policies on energy, the environment, and the economy, I was disappointed by his treatment of ethanol and other biofuels in his new book, Our Choice: A Plan to Solve the Climate Crisis. During the late 1970s, Gore was an early supporter of (Read More)
L.A. Times - Business:
The California firm reportedly is filing for an IPO soon. Some analysts wonder how much interest it would spark among investors, given the implosion of shares of ethanol producers. Will investors get charged up over a stock offering by Ca (Read More)
Wall Street Journal:
SAN FRANCISCO (MarketWatch) -- Oil and gas stocks opened modestly lower across the board Friday, following crude oil prices and the broader stock market as they extended the previous session's declines. The NYSE Arca Oil and Gas Index was off 0.9% at 1,071 points, the NYSE Arca Natural Gas Index was off 0.5% at 498 points (Read More)
Wall Street Journal:
Woodside Petroleum flagged a cost increase of up to $1.0 billion at its Pluto liquefied natural gas project, increasing pressure on the company to raise capital. (Read More)
VentureBeat:
Straight from GreenBeat 2009, we bring you former vice president and Nobel Prize winner Al Gore. I’ll be live-blogging this session — so it won’t be perfect or word-for-word, but it will be fast! We’ll pull out the gems as soon as we can.Laura Ipsen, Cisco System’s smart grid guru is introducing Al Gore right now, highlight (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) -- Oil futures fell on Thursday, moving lower for the first session in four, as a rebound in the U.S. dollar and a report that showed higher-than-expected jobless claims dampened the outlook for energy demand. Also weighing on oil prices, U.S. stocks broadly moved lower and an index of leading economi (Read More)
The Huffington Post | Full News Feed:
SALT LAKE CITY — Drillers say it's getting so hard to obtain an oil-and-gas lease in the Rocky Mountains under the new administration of President Barack Obama that many aren't bothering to show up for auctions.The criticism came after the government held an auction of public lands in Utah that was remarkable for how few pa (Read More)
New York Times:
A dispute between Russia and Ukraine over natural gas supplies escalated on Thursday, with an aide to the Russian president calling Ukraine’s warnings of a possible gas crisis “political blackmail.”
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Reuters: Environment:
WASHINGTON (Reuters) - Executives from two major oil companies told Congress on Thursday that the U.S. government should open more offshore areas to oil and natural gas drilling so America can rely less on foreign suppliers.
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Wall Street Journal:
NEW YORK (MarketWatch) -- U.S. natural gas inventories rose 20 billion cubic feet in the week ended Nov. 13, the Energy Information Administration reported Thursday. That's largely in line with analysts' expectations. At 3,833 billion cubic feet, stocks were 347 billion cubic feet higher than last year at this time and 419 (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) -- Marathon Oil [S: mro] said Thursday it expects 2009 production growth of 6% over the year-ago period. The New York-based energy company said it'll pare back spending on refining and marketing of gasoline and other products and channel more resources into exploration and production of crude and natu (Read More)