Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2169 business Business - Energy & Oil Industry en-us Sat, 21 Nov 2009 01:36:02 GMT 5 142 18 http://news.yahoo.com/i/2169 http://l.yimg.com/a/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091121/ap_on_bi_ge/us_gas_in_wells ap/20091121/us_gas_in_wells AP business Sat, 21 Nov 2009 01:36:02 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091121/ap_on_bi_ge/us_gas_in_wells"><img src="http://d.yimg.com/a/p/ap/20091120/capt.510a307cee0c4633af637eb49e06455d.gas_in_wells_pascr102.jpg?x=106&y=130&q=85&sig=WnUfGrTLvUnATO3SbzGWbQ--" align="left" height="130" width="106" alt="Patricia Farnielli holds a sample of water during a news conference in Dimock, Pa. on Friday, Nov. 20, 2009 which she said Cabot Oil & Gas Corp. trucks had spilled on roads. Like her neighbors in this rural community 15 miles south of the New York border, Farnelli signed a lease with a major natural gas driller to explore a potentially lucrative formation beneath her land. Now Farnelli and others are plaintiffs in a lawsuit that alleges Houston-based Cabot Oil & Gas Corp. polluted their wells with methane gas and other contaminants, destroying the value of their homes and threatening their health. (AP Photo/Scranton Times & Tribune , Michael J. Mullen)" border="0" /></a>AP - Pat Farnelli says there's something in the water at her house. The last time she drank it, she says she vomited four times. It's made her children sick, too.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091121/ap_on_bi_ge/us_gas_in_wells"><img src="http://d.yimg.com/a/p/ap/20091120/capt.510a307cee0c4633af637eb49e06455d.gas_in_wells_pascr102.jpg?x=106&y=130&q=85&sig=WnUfGrTLvUnATO3SbzGWbQ--" align="left" height="130" width="106" alt="photo" title="Patricia Farnielli holds a sample of water during a news conference in Dimock, Pa. on Friday, Nov. 20, 2009 which she said Cabot Oil & Gas Corp. trucks had spilled on roads. Like her neighbors in this rural community 15 miles south of the New York border, Farnelli signed a lease with a major natural gas driller to explore a potentially lucrative formation beneath her land. Now Farnelli and others are plaintiffs in a lawsuit that alleges Houston-based Cabot Oil & Gas Corp. polluted their wells with methane gas and other contaminants, destroying the value of their homes and threatening their health. (AP Photo/Scranton Times & Tribune , Michael J. Mullen)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091120/ap_on_bi_ge/us_gas_rates_west_virginia ap/20091120/us_gas_rates_west_virginia AP business Fri, 20 Nov 2009 23:31:58 GMT AP - West Virginia's Public Service Commission has approved a 5 percent rate increase for Hope Gas Inc. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091120/wl_canada_nm/canada_us_markets_canada_stocks nm/20091120/canada_us_markets_canada_stocks Reuters world Fri, 20 Nov 2009 22:39:46 GMT Reuters - Toronto's main stock index fell on Friday as weaker oil prices, caused partly by a stronger U.S. dollar, weighed on resource issues, including Suncor Energy Inc. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091120/bs_afp/commoditiesenergyoilprice afp/20091120/commoditiesenergyoilprice AFP business Fri, 20 Nov 2009 21:07:48 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091120/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20091120/capt.photo_1258751220333-1-0.jpg?x=85&y=130&q=85&sig=hD3SHX1N6ZFLa_i3i7TprQ--" align="left" height="130" width="85" alt="A Pakistani employee fills the tank of a motorcycle at a gasoline station in Karachi, in July 2009. Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery.(AFP/File/Rizwan Tabassum)" border="0" /></a>AFP - Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091120/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20091120/capt.photo_1258751220333-1-0.jpg?x=85&y=130&q=85&sig=hD3SHX1N6ZFLa_i3i7TprQ--" align="left" height="130" width="85" alt="photo" title="A Pakistani employee fills the tank of a motorcycle at a gasoline station in Karachi, in July 2009. Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery.(AFP/File/Rizwan Tabassum)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091120/ap_on_bi_ge/us_oil_prices ap/20091120/us_oil_prices AP business Fri, 20 Nov 2009 20:09:17 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091120/ap_on_bi_ge/us_oil_prices"><img src="http://d.yimg.com/a/p/afp/20091120/capt.photo_1258743755456-1-0.jpg?x=130&y=86&q=85&sig=2J4ULf1Ea5XtPwJdZ6U8fA--" align="left" height="86" width="130" alt="A gas pipeline is seen at the Russian gas compressor station in Sudzha near the Russian-Ukrainian border in January 2009. Thawing permafrost caused by global warming is costing Russian energy firms billions of dollars annually in damage control and shrinking Russia's territory, Greenpeace warned in a new study Friday.(AFP/File/Sergei Supinsky)" border="0" /></a>AP - Natural gas prices have dropped by more than 12 percent in the past month as the country continues to sip at its energy reserves and a balmy November allowed homeowners to leave the heat off.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091120/ap_on_bi_ge/us_oil_prices"><img src="http://d.yimg.com/a/p/afp/20091120/capt.photo_1258743755456-1-0.jpg?x=130&y=86&q=85&sig=2J4ULf1Ea5XtPwJdZ6U8fA--" align="left" height="86" width="130" alt="photo" title="A gas pipeline is seen at the Russian gas compressor station in Sudzha near the Russian-Ukrainian border in January 2009. Thawing permafrost caused by global warming is costing Russian energy firms billions of dollars annually in damage control and shrinking Russia's territory, Greenpeace warned in a new study Friday.(AFP/File/Sergei Supinsky)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091120/ap_on_bi_ge/us_rig_count ap/20091120/us_rig_count AP business Fri, 20 Nov 2009 18:24:22 GMT AP - The number of rigs actively exploring for oil and natural gas in the U.S. this week has risen by 12 this week to 1,113. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091120/bs_nm/us_markets_oil nm/20091120/us_markets_oil Reuters business Fri, 20 Nov 2009 12:53:13 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091120/bs_nm/us_markets_oil"><img src="http://d.yimg.com/a/p/rids/20091120/i/r4085957163.jpg?x=130&y=86&q=85&sig=MZBEssLOkAzRBbAWTExvGA--" align="left" height="86" width="130" alt="An oil rig beside the sea is lit up on the outskirts of Havana after sunset June 23, 2009. REUTERS/Desmond Boylan" border="0" /></a>Reuters - Oil fell $1 a barrel to below $77 on Friday, pressured by a firmer U.S. dollar and as falling equities raised concern about the economy and the outlook for energy demand.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091120/bs_nm/us_markets_oil"><img src="http://d.yimg.com/a/p/rids/20091120/i/r4085957163.jpg?x=130&y=86&q=85&sig=MZBEssLOkAzRBbAWTExvGA--" align="left" height="86" width="130" alt="photo" title="An oil rig beside the sea is lit up on the outskirts of Havana after sunset June 23, 2009. REUTERS/Desmond Boylan" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091120/ap_on_bi_ge/oil_prices ap/20091120/oil_prices AP business Fri, 20 Nov 2009 11:35:25 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091120/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/afp/20091120/capt.photo_1258743755456-1-0.jpg?x=130&y=86&q=85&sig=2J4ULf1Ea5XtPwJdZ6U8fA--" align="left" height="86" width="130" alt="A gas pipeline is seen at the Russian gas compressor station in Sudzha near the Russian-Ukrainian border in January 2009. Thawing permafrost caused by global warming is costing Russian energy firms billions of dollars annually in damage control and shrinking Russia's territory, Greenpeace warned in a new study Friday.(AFP/File/Sergei Supinsky)" border="0" /></a>AP - Oil prices edged down toward $77 a barrel on Friday after a drop in many stock markets and amid concern about the strength of the global economic recovery.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091120/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/afp/20091120/capt.photo_1258743755456-1-0.jpg?x=130&y=86&q=85&sig=2J4ULf1Ea5XtPwJdZ6U8fA--" align="left" height="86" width="130" alt="photo" title="A gas pipeline is seen at the Russian gas compressor station in Sudzha near the Russian-Ukrainian border in January 2009. Thawing permafrost caused by global warming is costing Russian energy firms billions of dollars annually in damage control and shrinking Russia's territory, Greenpeace warned in a new study Friday.(AFP/File/Sergei Supinsky)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_offshore_drilling_shell ap/20091119/us_offshore_drilling_shell AP science Thu, 19 Nov 2009 23:05:15 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_offshore_drilling_shell"><img src="http://d.yimg.com/a/p/ap/20091119/capt.bf987b4fb3ba48d989b3d10ade4cf3a2.offshore_drilling_shell_nybz155.jpg?x=98&y=130&q=85&sig=UvOkzH6N_euIPGheeJYjBA--" align="left" height="130" width="98" alt="FILE - In this March 3, 2009 file photo, Marvin Odum, president of Shell Oil Co., talks during an interview in New York. Odum said Thursday, Nov. 19, 2009, the company did not ask a federal agency to delay a decision on the company's request to drill for oil and gas in Alaska's Chukchi Sea. (AP Photo/Mark Lennihan, file)" border="0" /></a>AP - The Obama administration has delayed a decision on a request by Shell Oil Co. to drill for oil and gas in Alaska's rugged Chukchi Sea. The delay came after the oil company asked for time to respond to criticism of its plan to drill in the icy sea, a prime habitat for threatened polar bears.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_offshore_drilling_shell"><img src="http://d.yimg.com/a/p/ap/20091119/capt.bf987b4fb3ba48d989b3d10ade4cf3a2.offshore_drilling_shell_nybz155.jpg?x=98&y=130&q=85&sig=UvOkzH6N_euIPGheeJYjBA--" align="left" height="130" width="98" alt="photo" title="FILE - In this March 3, 2009 file photo, Marvin Odum, president of Shell Oil Co., talks during an interview in New York. Odum said Thursday, Nov. 19, 2009, the company did not ask a federal agency to delay a decision on the company's request to drill for oil and gas in Alaska's Chukchi Sea. (AP Photo/Mark Lennihan, file)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_marathon_oil_spending ap/20091119/us_marathon_oil_spending AP business Thu, 19 Nov 2009 22:44:29 GMT AP - Marathon Oil will cut capital expenditures by about $1 billion in 2010, the company said Thursday, with a larger percentage of funds going toward exploration and production and a smaller percentage toward its hard-hit refining business. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_earns_suntech_power ap/20091119/us_earns_suntech_power AP business Thu, 19 Nov 2009 21:50:04 GMT AP - Shares of Chinese solar energy company Suntech Power Holdings Co. Ltd. closed up 6 percent Thursday as the company signaled improving demand despite a drop in quarterly earnings. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_national_parks_drilling ap/20091119/us_national_parks_drilling AP business Thu, 19 Nov 2009 18:34:53 GMT AP - 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. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_laid_off_autoworkers_grant_indiana ap/20091119/us_laid_off_autoworkers_grant_indiana AP science Thu, 19 Nov 2009 17:21:48 GMT AP - Indiana has won a $4 million federal grant to lead an effort with Michigan and Ohio to help laid-off autoworkers find jobs in the renewable-energy industry and related occupations. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_natural_gas_storage ap/20091119/us_natural_gas_storage AP business Thu, 19 Nov 2009 15:35:37 GMT AP - Natural gas stockpiles rose last week to a new record high, the government said Thursday. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_bay_oil_spill ap/20091119/us_bay_oil_spill AP science Thu, 19 Nov 2009 14:34:40 GMT AP - State inspectors say an oil spill that sent hundreds of gallons of bunker oil into San Francisco Bay was caused by a fuel tank that overflowed during a morning refueling stop. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091119/ap_on_bi_ge/us_natural_gas_ahead_of_the_bell ap/20091119/us_natural_gas_ahead_of_the_bell AP business Thu, 19 Nov 2009 11:37:13 GMT AP - The Energy Department on Thursday is expected to report a build of 19 billion to 23 billion cubic feet of natural gas storage inventories for the week ended Nov. 13, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091118/bs_afp/unenergyoilgasclimate afp/20091118/unenergyoilgasclimate AFP business Wed, 18 Nov 2009 18:33:18 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091118/bs_afp/unenergyoilgasclimate"><img src="http://d.yimg.com/a/p/afp/20091118/capt.photo_1258569172530-1-0.jpg?x=130&y=86&q=85&sig=QvMcsECl8749VrCRUhqLQw--" align="left" height="86" width="130" alt="Technicians repair power lines in Nuaille-d'Aunis, western France, in February 2009. The economic crisis is jeopardising key energy industry investments that are needed to cope with future growth in demand and shifts to cleaner energy, executives and officials warned on Wednesday.(AFP/File/Xavier Leoty)" border="0" /></a>AFP - The economic crisis is jeopardising key energy industry investments that are needed to cope with future growth in demand and shifts to cleaner energy, executives and officials warned on Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091118/bs_afp/unenergyoilgasclimate"><img src="http://d.yimg.com/a/p/afp/20091118/capt.photo_1258569172530-1-0.jpg?x=130&y=86&q=85&sig=QvMcsECl8749VrCRUhqLQw--" align="left" height="86" width="130" alt="photo" title="Technicians repair power lines in Nuaille-d'Aunis, western France, in February 2009. The economic crisis is jeopardising key energy industry investments that are needed to cope with future growth in demand and shifts to cleaner energy, executives and officials warned on Wednesday.(AFP/File/Xavier Leoty)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091118/ap_on_bi_ge/apfn_us_crude_inventories ap/20091118/apfn_us_crude_inventories AP business Wed, 18 Nov 2009 15:50:21 GMT AP - Crude inventories and gasoline inventories fell last week, missing analysts' expectations, the government said Wednesday. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091118/ap_on_bi_ge/us_drilling_company_slurs ap/20091118/us_drilling_company_slurs AP business Wed, 18 Nov 2009 15:46:51 GMT AP - A Houston-based oil and gas drilling company facing complaints of racial discrimination has been ordered to turn over its personnel records as part of an Equal Employment Opportunity Commission investigation. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091118/ap_on_bi_go_ec_fi/us_economy ap/20091118/us_economy AP business Wed, 18 Nov 2009 20:22:46 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091118/ap_on_bi_go_ec_fi/us_economy"><img src="http://d.yimg.com/a/p/ap/20091119/capt.3a44300b379041b9b0f74365f0e5765f.unemployment_insurance_expiration_ny131.jpg?x=130&y=84&q=85&sig=cGlkQVhIJZIjwo0fzO3zjA--" align="left" height="84" width="130" alt="FILE - In this Nov. 4, 2009 photo, job seekers hand over resumes while trying to get information at a job fair in Livonia, Mich. More than 1 million people will run out of unemployment benefits in January, 2010 unless Congress quickly extends federal emergency aid, a nonprofit group said Wednesday, Nov. 18, 2009. (AP Photo/Paul Sancya)" border="0" /></a>AP - WASHINGTON &mdash; The budding economic recovery isn't getting much help from the home-building industry, which normally creates jobs and drives growth when a recession ends.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091118/ap_on_bi_go_ec_fi/us_economy"><img src="http://d.yimg.com/a/p/ap/20091119/capt.3a44300b379041b9b0f74365f0e5765f.unemployment_insurance_expiration_ny131.jpg?x=130&y=84&q=85&sig=cGlkQVhIJZIjwo0fzO3zjA--" align="left" height="84" width="130" alt="photo" title="FILE - In this Nov. 4, 2009 photo, job seekers hand over resumes while trying to get information at a job fair in Livonia, Mich. More than 1 million people will run out of unemployment benefits in January, 2010 unless Congress quickly extends federal emergency aid, a nonprofit group said Wednesday, Nov. 18, 2009. (AP Photo/Paul Sancya)" border="0"/></a></p><br clear="all"/> (AP)