Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2169 business Business - Energy & Oil Industry en-us Wed, 25 Nov 2009 23:55:02 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/ibd/20091125/bs_ibd_ibd/20091125trends ibd/20091125/20091125trends Investor's Business Daily business Wed, 25 Nov 2009 23:55:02 GMT Investor's Business Daily - Statkraft, a Norwegian state-owned utility, has opened the world's first osmotic power plant, which generates emissions-free electricity by mixing fresh water and sea water. The prototype plant is driven by osmosis that naturally draws fresh water across a special membrane and toward the seawater side. This creates higher pressure on the seawater side, driving a turbine and producing electricity. Osmotic power, which can be located anywhere where clean freshwater runs into the sea, is seen as less variable than wind or solar energy. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/ecuadorchinaoilcompanyventurepetroecuadorsinopec afp/20091125/ecuadorchinaoilcompanyventurepetroecuadorsinopec AFP business Wed, 25 Nov 2009 22:03:29 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/ecuadorchinaoilcompanyventurepetroecuadorsinopec"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259186553485-1-0.jpg?x=88&y=130&q=85&sig=Cp.UrGHHtrtlag89bDUW2Q--" align="left" height="130" width="88" alt="Ecuador and China will form a joint venture to develop an oil bloc in the South American country that has proven reserves of 120 million barrels of crude, Germanico Pinto, Ecuador's minister of non-renewable natural resources, pictured in September 2009, said Wednesday.(AFP/File/Rodrigo Buendia)" border="0" /></a>AFP - Ecuador and China will form a joint venture to develop an oil bloc in the South American country that has proven reserves of 120 million barrels of crude, an Ecuadoran official said Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/ecuadorchinaoilcompanyventurepetroecuadorsinopec"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259186553485-1-0.jpg?x=88&y=130&q=85&sig=Cp.UrGHHtrtlag89bDUW2Q--" align="left" height="130" width="88" alt="photo" title="Ecuador and China will form a joint venture to develop an oil bloc in the South American country that has proven reserves of 120 million barrels of crude, Germanico Pinto, Ecuador's minister of non-renewable natural resources, pictured in September 2009, said Wednesday.(AFP/File/Rodrigo Buendia)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091125/wl_canada_nm/canada_us_pipelines_security nm/20091125/canada_us_pipelines_security Reuters world Wed, 25 Nov 2009 21:47:10 GMT Reuters - Canadian energy companies are being urged to adopt a new set of standards to protect onshore oil and gas pipelines from vandalism and sabotage as police try to solve a case of gas line bombings in British Columbia. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_coal_gasification_cost_indiana ap/20091125/us_coal_gasification_cost_indiana AP business Wed, 25 Nov 2009 21:42:36 GMT AP - Duke Energy Corp. says the cost of the coal-gasification power plant it's building in southwestern Indiana has risen another $150 million, boosting the project's estimated price to $2.5 billion &mdash; nearly twice the original estimate. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/usnw/20091125/pl_usnw/DC17559 usnw/20091125/DC17559 PR Newswire politics Wed, 25 Nov 2009 21:34:00 GMT PR Newswire - CEOs from Nation's Leading Electric Utilities, Consumer Giants, Manufacturers and Clean Energy Companies Applaud Administration's Announcement and Commitment to Lay the Foundation for a New, Clean Energy Future http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_coal_to_gasoline_west_virginia ap/20091125/us_coal_to_gasoline_west_virginia AP science Wed, 25 Nov 2009 21:32:46 GMT AP - The West Virginia Division of Air Quality is giving the public more time to weigh in on an air pollution permit for a planned coal-to-gasoline plant in the southern coalfields. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_oil_prices ap/20091125/us_oil_prices AP business Wed, 25 Nov 2009 20:19:10 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_oil_prices"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259172260189-1-0.jpg?x=97&y=130&q=85&sig=5TzYA_gr6ZlXyP6rkPOpyg--" align="left" height="130" width="97" alt="The OPEC oil exporting group is likely to maintain its production levels when cartel ministers meet in Luanda, Angola December 22, Algerian energy minister Chakib Khelil said on Wednesday.(AFP/File/Samuel Kubani)" border="0" /></a>AP - The dollar's sway over energy markets was on full display Wednesday, with oil and gasoline futures rising sharply as the U.S. currency tumbled to 15-month lows.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_oil_prices"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259172260189-1-0.jpg?x=97&y=130&q=85&sig=5TzYA_gr6ZlXyP6rkPOpyg--" align="left" height="130" width="97" alt="photo" title="The OPEC oil exporting group is likely to maintain its production levels when cartel ministers meet in Luanda, Angola December 22, Algerian energy minister Chakib Khelil said on Wednesday.(AFP/File/Samuel Kubani)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_rig_count ap/20091125/us_rig_count AP business Wed, 25 Nov 2009 19:18:15 GMT AP - The number of rigs actively exploring for oil and natural gas in the U.S. this week has risen by 24 this week to 1,137. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/algeriaopeccommoditiesenergyoiloutputprice afp/20091125/algeriaopeccommoditiesenergyoiloutputprice AFP business Wed, 25 Nov 2009 18:04:47 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/algeriaopeccommoditiesenergyoiloutputprice"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259172260189-1-0.jpg?x=97&y=130&q=85&sig=5TzYA_gr6ZlXyP6rkPOpyg--" align="left" height="130" width="97" alt="The OPEC oil exporting group is likely to maintain its production levels when cartel ministers meet in Luanda, Angola December 22, Algerian energy minister Chakib Khelil said on Wednesday.(AFP/File/Samuel Kubani)" border="0" /></a>AFP - The OPEC oil exporting group is likely to maintain its production levels when cartel ministers meet in Luanda, Angola December 22, the Algerian energy minister said on Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/algeriaopeccommoditiesenergyoiloutputprice"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259172260189-1-0.jpg?x=97&y=130&q=85&sig=5TzYA_gr6ZlXyP6rkPOpyg--" align="left" height="130" width="97" alt="photo" title="The OPEC oil exporting group is likely to maintain its production levels when cartel ministers meet in Luanda, Angola December 22, Algerian energy minister Chakib Khelil said on Wednesday.(AFP/File/Samuel Kubani)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_wsp_holdings_buyback ap/20091125/us_wsp_holdings_buyback AP business Wed, 25 Nov 2009 17:15:54 GMT AP - WSP Holdings Ltd., a Chinese manufacturer of oil and natural gas exploration and drilling products, said Wednesday its board has approved a repurchase program of up to $10 million in American Depositary shares. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_natural_gas_storage ap/20091125/us_natural_gas_storage AP business Wed, 25 Nov 2009 17:04:25 GMT AP - Natural gas stockpile levels rose less than expected last week, the government said Thursday. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_crude_inventories ap/20091125/us_crude_inventories AP business Wed, 25 Nov 2009 15:38:15 GMT AP - Crude inventories and gasoline supplies rose last week, the government said Wednesday. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_energy_rates_wisconsin ap/20091125/us_energy_rates_wisconsin AP business Wed, 25 Nov 2009 15:22:43 GMT AP - State regulators have approved higher electric and natural gas rates for Wisconsin Power & Light customers. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_colorado_governor_s_race_energy ap/20091125/us_colorado_governor_s_race_energy AP business Wed, 25 Nov 2009 14:49:17 GMT AP - One Republican in the race to become Colorado's next governor is pledging to repeal new oil and gas regulations if elected, and the front-runner for the GOP nomination says he would consider abolishing the rules approved on the Democratic incumbent's watch. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_forest_drilling ap/20091125/us_forest_drilling AP business Wed, 25 Nov 2009 13:27:31 GMT AP - Environmentalists are questioning the legal justification offered for what would be the only active oil well inside the nation's first national forest. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/commoditiesenergyoilprice afp/20091125/commoditiesenergyoilprice AFP business Wed, 25 Nov 2009 13:24:28 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259142693838-1-0.jpg?x=130&y=89&q=85&sig=7G3fX2aXxlotJgpfkW.yhg--" align="left" height="89" width="130" alt="A man pumps gas into his car in San Francisco, California. Oil prices rose slightly as traders awaited the weekly US energy report after slower-than-expected economic growth in the United States, the world's biggest energy consuming nation.(AFP/Getty Images/File/Justin Sullivan)" border="0" /></a>AFP - Oil prices rose slightly on Wednesday as traders awaited the weekly US energy report after slower-than-expected economic growth in the United States, the world's biggest energy consuming nation.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259142693838-1-0.jpg?x=130&y=89&q=85&sig=7G3fX2aXxlotJgpfkW.yhg--" align="left" height="89" width="130" alt="photo" title="A man pumps gas into his car in San Francisco, California. Oil prices rose slightly as traders awaited the weekly US energy report after slower-than-expected economic growth in the United States, the world's biggest energy consuming nation.(AFP/Getty Images/File/Justin Sullivan)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/oil_prices ap/20091125/oil_prices AP business Wed, 25 Nov 2009 12:05:03 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/ap/20091124/capt.28ffc8f88afd496dbba981e35e0b5102.oil_prices_nybz114.jpg?x=130&y=86&q=85&sig=.GNb6wqkqv.W5.5VJCeZCA--" align="left" height="86" width="130" alt="FILE - In this Sept. 19, 2007 file photo, an oil pump is seen at dusk in Sakhir, Bahrain. Oil prices fell below $76 a barrel Tuesday, Nov. 24, 2009, with new data showing a slow U.S. economic recovery and consumer confidence that remains lukewarm at best. (AP Photo/Hasan Jamali, File)" border="0" /></a>AP - Oil prices rose above $76 a barrel Wednesday as the dollar weakened and investors awaited data on the U.S. economy and crude inventories.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/ap/20091124/capt.28ffc8f88afd496dbba981e35e0b5102.oil_prices_nybz114.jpg?x=130&y=86&q=85&sig=.GNb6wqkqv.W5.5VJCeZCA--" align="left" height="86" width="130" alt="photo" title="FILE - In this Sept. 19, 2007 file photo, an oil pump is seen at dusk in Sakhir, Bahrain. Oil prices fell below $76 a barrel Tuesday, Nov. 24, 2009, with new data showing a slow U.S. economic recovery and consumer confidence that remains lukewarm at best. (AP Photo/Hasan Jamali, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/wl_sthasia_afp/pakistanafghanistanunrestnato afp/20091125/pakistanafghanistanunrestnato AFP world Wed, 25 Nov 2009 06:09:31 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/wl_sthasia_afp/pakistanafghanistanunrestnato"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259129246812-1-0.jpg?x=130&y=87&q=85&sig=jGsRhDplyWcKq9M5JKEhaw--" align="left" height="87" width="130" alt="Pakistani men look on at a burning oil tanker in Khyber in July 2009. Suspected Taliban militants on Wednesday attacked and destroyed a tanker supplying fuel to NATO troops in neighbouring Afghanistan, police said.(AFP/File/Qazi Rauf Afridi)" border="0" /></a>AFP - Suspected Taliban militants on Wednesday attacked and destroyed a tanker supplying fuel to NATO troops in neighbouring Afghanistan, police said.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091125/wl_sthasia_afp/pakistanafghanistanunrestnato"><img src="http://d.yimg.com/a/p/afp/20091125/capt.photo_1259129246812-1-0.jpg?x=130&y=87&q=85&sig=jGsRhDplyWcKq9M5JKEhaw--" align="left" height="87" width="130" alt="photo" title="Pakistani men look on at a burning oil tanker in Khyber in July 2009. Suspected Taliban militants on Wednesday attacked and destroyed a tanker supplying fuel to NATO troops in neighbouring Afghanistan, police said.(AFP/File/Qazi Rauf Afridi)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091125/ap_on_bi_ge/us_halliburton_mexico ap/20091125/us_halliburton_mexico AP business Wed, 25 Nov 2009 00:43:45 GMT AP - Halliburton Co., which provides services for the energy industry, said Tuesday that reduced activity by major Mexican customer Petroleos Mexicanos &mdash; Pemex &mdash; will drag down fourth-quarter profit by 2 cents per share. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091124/wl_nm/us_benin_piracy nm/20091124/us_benin_piracy Reuters world Tue, 24 Nov 2009 22:53:06 GMT Reuters - Pirates attacked an oil tanker off Benin, killing a Ukrainian crew member and stealing the contents of the ship's safe, the head of the West African country's navy said on Tuesday.