Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2169 business Business - Energy & Oil Industry en-us Sat, 07 Nov 2009 16:44:28 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/afp/20091107/wl_mideast_afp/yemenenergygas afp/20091107/yemenenergygas AFP world Sat, 07 Nov 2009 16:44:28 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091107/wl_mideast_afp/yemenenergygas"><img src="http://d.yimg.com/a/p/afp/20091107/capt.photo_1257612139555-1-0.jpg?x=130&y=85&q=85&sig=I0uX02i7p9ZXd2rXgpytRg--" align="left" height="85" width="130" alt="Yemeni soldiers guard the Balhaf plant on the Gulf of Aden. Yemen, one of the world's poorest countries, has joined the international club of gas exporters as pumping started at the newly-built liquefied natural gas plant in the Gulf of Aden.(AFP/Marwan Naamani)" border="0" /></a>AFP - Yemen, one of the world's poorest countries, joined the international club of gas exporters Saturday with pumping starting at a newly built liquefied natural gas plant in the Gulf of Aden.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091107/wl_mideast_afp/yemenenergygas"><img src="http://d.yimg.com/a/p/afp/20091107/capt.photo_1257612139555-1-0.jpg?x=130&y=85&q=85&sig=I0uX02i7p9ZXd2rXgpytRg--" align="left" height="85" width="130" alt="photo" title="Yemeni soldiers guard the Balhaf plant on the Gulf of Aden. Yemen, one of the world's poorest countries, has joined the international club of gas exporters as pumping started at the newly-built liquefied natural gas plant in the Gulf of Aden.(AFP/Marwan Naamani)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/us_airlines_sector_snap ap/20091107/us_airlines_sector_snap AP business Sat, 07 Nov 2009 01:13:10 GMT AP - Airline stocks rose Friday as oil prices tumbled, easing the carriers' fears over jet fuel costs. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/oil_prices ap/20091107/oil_prices AP business Sat, 07 Nov 2009 00:39:50 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/afp/20091104/capt.photo_1257245940683-1-0.jpg?x=130&y=77&q=85&sig=c2UtldMnBHvB_GfU5MM8mg--" align="left" height="77" width="130" alt="World oil prices rose back above 80 dollars on Wednesday as investors turned their attention to an upcoming US energy inventory report.(AFP/File/Thomas Coex)" border="0" /></a>AP - Oil prices tumbled Friday after the government said the U.S. unemployment rate topped 10 percent for the first time since 1983.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091107/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/afp/20091104/capt.photo_1257245940683-1-0.jpg?x=130&y=77&q=85&sig=c2UtldMnBHvB_GfU5MM8mg--" align="left" height="77" width="130" alt="photo" title="World oil prices rose back above 80 dollars on Wednesday as investors turned their attention to an upcoming US energy inventory report.(AFP/File/Thomas Coex)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_shell_oil_environmental_fine ap/20091106/us_shell_oil_environmental_fine AP science Fri, 06 Nov 2009 23:37:33 GMT AP - Shell Oil Co. has been ordered to pay $19.5 million to the state for environmental violations at gas stations around California. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_earns_rosetta_resources ap/20091106/us_earns_rosetta_resources AP business Fri, 06 Nov 2009 22:40:50 GMT AP - Rosetta Resources Inc. said Friday its revenue fell by nearly half due to lower natural gas prices. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_rig_count ap/20091106/us_rig_count AP business Fri, 06 Nov 2009 19:39:33 GMT AP - The number of rigs actively exploring for oil and natural gas in the U.S. this week has risen by nine this week to 1,078. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/usnw/20091106/pl_usnw/uniform_solar_energy_code_named_an_american_national_standard usnw/20091106/uniform_solar_energy_code_named_an_american_national_standard PR Newswire politics Fri, 06 Nov 2009 19:11:00 GMT PR Newswire - http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_earns_dril_quip ap/20091106/us_earns_dril_quip AP business Fri, 06 Nov 2009 17:57:15 GMT AP - Dril-Quip Inc., which makes equipment for offshore oil drilling, said Friday its profit slipped from a year ago on a charge even as sales rose, and it gave a fourth-quarter outlook in line with Wall Street expectations. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_energy_west_montana ap/20091106/us_energy_west_montana AP business Fri, 06 Nov 2009 16:25:27 GMT AP - Energy West Inc., a natural gas and energy marketing company in Great Falls, has bought 83 percent of the outstanding shares of Cut Bank Gas Co., a natural gas utility serving Cut Bank. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_halliburton_contract ap/20091106/us_halliburton_contract AP business Fri, 06 Nov 2009 15:27:41 GMT AP - Halliburton Co. said Friday it received a contract to drill and complete oil wells in Saudi Arabia's Ghawar field. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091106/ap_on_bi_ge/us_oil_lease_auction ap/20091106/us_oil_lease_auction AP business Fri, 06 Nov 2009 13:15:03 GMT AP - An auction of oil drilling rights on North Dakota state land has fetched $71.6 million, a record haul that will go mostly to benefit public schools. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091106/bs_afp/commoditiesenergyoilprice afp/20091106/commoditiesenergyoilprice AFP business Fri, 06 Nov 2009 12:37:09 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091106/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20091106/capt.photo_1256209712778-1-0.jpg?x=130&y=86&q=85&sig=tlZ.MWwPEAcDJITF0dWtgA--" align="left" height="86" width="130" alt="Oil prices have climbed above $80 a barrel as traders look ahead to employment data in the United States, the world's biggest energy consuming nation.(AFP/Getty Images/File/David McNew)" border="0" /></a>AFP - Oil prices climbed above 80 dollars a barrel on Friday as traders looked ahead to employment data 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/20091106/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20091106/capt.photo_1256209712778-1-0.jpg?x=130&y=86&q=85&sig=tlZ.MWwPEAcDJITF0dWtgA--" align="left" height="86" width="130" alt="photo" title="Oil prices have climbed above $80 a barrel as traders look ahead to employment data in the United States, the world's biggest energy consuming nation.(AFP/Getty Images/File/David McNew)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091106/wl_asia_afp/thailandcambodiadiplomacy afp/20091106/thailandcambodiadiplomacy AFP world Fri, 06 Nov 2009 11:30:36 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091106/wl_asia_afp/thailandcambodiadiplomacy"><img src="http://d.yimg.com/a/p/afp/20091106/capt.photo_1257489641702-2-0.jpg?x=130&y=91&q=85&sig=iZS9YGU_Jn2chTnECPi9Tg--" align="left" height="91" width="130" alt="A Thai riot policeman patrols past the Cambodia embassy in Bangkok. Thailand has said it would tear up an oil and gas exploration deal with Cambodia, stoking a row over Phnom Penh's naming of fugitive former Thai premier Thaksin Shinawatra as an economics adviser.(AFP/Pornchai Kittiwongsakul)" border="0" /></a>AFP - Thailand said Friday it would tear up an oil and gas exploration deal with Cambodia, stoking a row over Phnom Penh's naming of fugitive former Thai premier Thaksin Shinawatra as an economics adviser.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091106/wl_asia_afp/thailandcambodiadiplomacy"><img src="http://d.yimg.com/a/p/afp/20091106/capt.photo_1257489641702-2-0.jpg?x=130&y=91&q=85&sig=iZS9YGU_Jn2chTnECPi9Tg--" align="left" height="91" width="130" alt="photo" title="A Thai riot policeman patrols past the Cambodia embassy in Bangkok. Thailand has said it would tear up an oil and gas exploration deal with Cambodia, stoking a row over Phnom Penh's naming of fugitive former Thai premier Thaksin Shinawatra as an economics adviser.(AFP/Pornchai Kittiwongsakul)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091106/bs_nm/us_markets_global nm/20091106/us_markets_global Reuters business Fri, 06 Nov 2009 09:28:32 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091106/bs_nm/us_markets_global"><img src="http://d.yimg.com/a/p/afp/20091107/capt.photo_1257614491875-1-0.jpg?x=130&y=86&q=85&sig=2UB009iAXvIZd.m5uzhjqQ--" align="left" height="86" width="130" alt="Traders work on the floor of the New York Stock Exchange moments before the closing bell on November 5. Wall Street's gravity-defying rally found new life over the past week, providing optimism for investors heading into what has historically been one of the best periods of the year.(AFP/Getty Images/File/Spencer Platt)" border="0" /></a>Reuters - Global stocks and commodities gained on Friday, buoyed by firm U.S. data the previous session, lifting risk appetite ahead of hotly anticipated jobs data which will give more evidence on the state of the global economy.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091106/bs_nm/us_markets_global"><img src="http://d.yimg.com/a/p/afp/20091107/capt.photo_1257614491875-1-0.jpg?x=130&y=86&q=85&sig=2UB009iAXvIZd.m5uzhjqQ--" align="left" height="86" width="130" alt="photo" title="Traders work on the floor of the New York Stock Exchange moments before the closing bell on November 5. Wall Street's gravity-defying rally found new life over the past week, providing optimism for investors heading into what has historically been one of the best periods of the year.(AFP/Getty Images/File/Spencer Platt)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_earns_holly_corp ap/20091105/us_earns_holly_corp AP business Thu, 05 Nov 2009 23:30:23 GMT AP - Independent petroleum refiner Holly Corp. said Thursday its third-quarter profit fell 53 percent because of lower gas prices and reduced refinery margins industrywide. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091105/bs_afp/swedenfinlandrussiaenergygaspipelinecompanygazprom afp/20091105/swedenfinlandrussiaenergygaspipelinecompanygazprom AFP business Thu, 05 Nov 2009 20:52:18 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091105/bs_afp/swedenfinlandrussiaenergygaspipelinecompanygazprom"><img src="http://d.yimg.com/a/p/afp/20091105/capt.photo_1257454246275-1-0.jpg?x=98&y=130&q=85&sig=8nlJo0XlkQudMP5dJJsemw--" align="left" height="130" width="98" alt="Russian Prime Minister Vladimir Putin attends the 3rd Russian-Finnish Forest Summit in St. Petersburg, in October 2009. After years of procrastination, Sweden and Finland agreed on Thursday to allow the Russian-led Nord Stream pipeline to pass through their waters in the Baltic Sea, a crucial step for the project destined to supply Europe with Russian gas.(AFP/RIA/File/Aleksey Nikolskyi)" border="0" /></a>AFP - After years of procrastination, Sweden and Finland agreed on Thursday to allow the Russian-led Nord Stream pipeline to pass through their waters in the Baltic Sea, a crucial step for the project destined to supply Europe with Russian gas.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091105/bs_afp/swedenfinlandrussiaenergygaspipelinecompanygazprom"><img src="http://d.yimg.com/a/p/afp/20091105/capt.photo_1257454246275-1-0.jpg?x=98&y=130&q=85&sig=8nlJo0XlkQudMP5dJJsemw--" align="left" height="130" width="98" alt="photo" title="Russian Prime Minister Vladimir Putin attends the 3rd Russian-Finnish Forest Summit in St. Petersburg, in October 2009. After years of procrastination, Sweden and Finland agreed on Thursday to allow the Russian-led Nord Stream pipeline to pass through their waters in the Baltic Sea, a crucial step for the project destined to supply Europe with Russian gas.(AFP/RIA/File/Aleksey Nikolskyi)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091105/bs_nm/us_markets_oil nm/20091105/us_markets_oil Reuters business Thu, 05 Nov 2009 20:22:06 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091105/bs_nm/us_markets_oil"><img src="http://d.yimg.com/a/p/rids/20091105/i/r1225533386.jpg?x=130&y=84&q=85&sig=MG6EU3lMwG9QrwNb2vPXmA--" align="left" height="84" width="130" alt="A motorist prepares to put fuel into her car at a petrol station in Melbourne July 3, 2008. REUTERS/Mick Tsikas" border="0" /></a>Reuters - Oil fell nearly 1 percent to below $80 a barrel on Thursday, as doubts about a recovery in oil demand outweighed positive economic signals.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20091105/bs_nm/us_markets_oil"><img src="http://d.yimg.com/a/p/rids/20091105/i/r1225533386.jpg?x=130&y=84&q=85&sig=MG6EU3lMwG9QrwNb2vPXmA--" align="left" height="84" width="130" alt="photo" title="A motorist prepares to put fuel into her car at a petrol station in Melbourne July 3, 2008. REUTERS/Mick Tsikas" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_gas_explosion ap/20091105/us_gas_explosion AP business Thu, 05 Nov 2009 20:21:38 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_gas_explosion"><img src="http://d.yimg.com/a/p/ap/20091105/capt.9ef768ee01944676a757f9d1a0906cfb.gas_pipeline_explosion_txama101.jpg?x=130&y=84&q=85&sig=YS34FF4NF1Jfrw9RwB_QAQ--" align="left" height="84" width="130" alt="Flames blazed more than 400 feet high above a natural gas line explosion that rocked Bushland, Texas about 1 a.m. Thursday Nov. 5, 2009 in the Texas Panhandle. The roaring sound of the leaking gas could be heard and seen from Amarillo more than 10 miles away. The gas line explosion was located about 2 miles north of Interstate 40 and 1 mile east of Bushland Road. A nearby structure is seen burning on the right of the photo and a high power utility pole is seen smoldering to the left of the blaze. A nearby rural neighborhood was evacuated by Potter County Sheriffs. (AP Photo/Amarillo Globe News, Michael Schumacher)" border="0" /></a>AP - A natural gas pipeline exploded in the Texas Panhandle on Thursday, shaking homes, melting window blinds and shooting flames hundreds of feet into the air, authorities said.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_gas_explosion"><img src="http://d.yimg.com/a/p/ap/20091105/capt.9ef768ee01944676a757f9d1a0906cfb.gas_pipeline_explosion_txama101.jpg?x=130&y=84&q=85&sig=YS34FF4NF1Jfrw9RwB_QAQ--" align="left" height="84" width="130" alt="photo" title="Flames blazed more than 400 feet high above a natural gas line explosion that rocked Bushland, Texas about 1 a.m. Thursday Nov. 5, 2009 in the Texas Panhandle. The roaring sound of the leaking gas could be heard and seen from Amarillo more than 10 miles away. The gas line explosion was located about 2 miles north of Interstate 40 and 1 mile east of Bushland Road. A nearby structure is seen burning on the right of the photo and a high power utility pole is seen smoldering to the left of the blaze. A nearby rural neighborhood was evacuated by Potter County Sheriffs. (AP Photo/Amarillo Globe News, Michael Schumacher)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_earns_spectra_energy ap/20091105/us_earns_spectra_energy AP business Thu, 05 Nov 2009 17:19:26 GMT AP - Natural gas transport and storage company Spectra Energy Corp. on Thursday said its third-quarter earnings sank 35 percent due in part to lower commodity prices. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091105/ap_on_bi_ge/us_earns_frontier_oil ap/20091105/us_earns_frontier_oil AP business Thu, 05 Nov 2009 17:13:55 GMT AP - Oil refiner Frontier Oil Corp. on Thursday posted a third-quarter loss driven by continued weak demand and squeezed refining margins.