Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2169 business Business - Energy & Oil Industry en-us Mon, 23 Nov 2009 21:07:31 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/20091123/bs_afp/commoditiesenergyoilprice afp/20091123/commoditiesenergyoilprice AFP business Mon, 23 Nov 2009 21:07:31 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091123/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20091123/capt.photo_1259009456450-2-0.jpg?x=130&y=86&q=85&sig=jk4eLpup9pcCx8TITWL8AQ--" align="left" height="86" width="130" alt="Oil rigs extract petroleum in the Los Angeles area community of Culver City, California. Oil prices rose sharply on Monday as a weaker dollar helped boost demand for the commodity.(AFP/Getty Images/File/David McNew)" border="0" /></a>AFP - Oil prices rose Monday as a weaker dollar helped boost demand for commodities.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091123/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20091123/capt.photo_1259009456450-2-0.jpg?x=130&y=86&q=85&sig=jk4eLpup9pcCx8TITWL8AQ--" align="left" height="86" width="130" alt="photo" title="Oil rigs extract petroleum in the Los Angeles area community of Culver City, California. Oil prices rose sharply on Monday as a weaker dollar helped boost demand for the commodity.(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/ap/20091123/ap_on_bi_ge/us_roper_industries_dividend ap/20091123/us_roper_industries_dividend AP business Mon, 23 Nov 2009 20:52:17 GMT AP - Roper Industries Inc., which makes products for water and energy companies, said Monday it has increased its quarterly cash dividend by 15 percent to 9.5 cents. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_earns_bj_services ap/20091123/us_earns_bj_services AP business Mon, 23 Nov 2009 20:50:46 GMT AP - Oil services company BJ Services Co. said Monday it posted a fiscal fourth-quarter loss as drilling plunged. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_anadarko_well ap/20091123/us_anadarko_well AP business Mon, 23 Nov 2009 20:47:38 GMT AP - Anadarko Petroleum Corp. on Monday said success from an exploration well drilled offshore Brazil signals better potential for an area that could become the company's "next mega project." http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_newfield_exploration_analyst_note ap/20091123/us_newfield_exploration_analyst_note AP business Mon, 23 Nov 2009 20:45:25 GMT AP - Shares of Newfield Exploration Co. could gain from increasing exposure to oil resources, an analyst said Monday as he upgraded the stock. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_oil_prices ap/20091123/us_oil_prices AP business Mon, 23 Nov 2009 20:15:05 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_oil_prices"><img src="http://d.yimg.com/a/p/ap/20091123/capt.59c6efd51d074285bac0d1b95f8a9ee4.correction_oil_prices_ardj201.jpg?x=130&y=65&q=85&sig=U272xeo0H_A4G8JCkANbKg--" align="left" height="65" width="130" alt="In this photo taken Nov. 20, 2009, a tanker truck makes a fuel delivery at a Little Rock, Ark., gas station. Retail gasoline prices headed downward to begin one of the country's busiest travel weeks, with more than 33 million people expected to hit the road for the Thanksgiving holiday.(AP Photo/Danny Johnston)" border="0" /></a>AP - Retail gasoline prices headed downward to begin one of the country's busiest travel weeks, with more than 33 million people expected to hit the road for the Thanksgiving holiday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_oil_prices"><img src="http://d.yimg.com/a/p/ap/20091123/capt.59c6efd51d074285bac0d1b95f8a9ee4.correction_oil_prices_ardj201.jpg?x=130&y=65&q=85&sig=U272xeo0H_A4G8JCkANbKg--" align="left" height="65" width="130" alt="photo" title="In this photo taken Nov. 20, 2009, a tanker truck makes a fuel delivery at a Little Rock, Ark., gas station. Retail gasoline prices headed downward to begin one of the country's busiest travel weeks, with more than 33 million people expected to hit the road for the Thanksgiving holiday.(AP Photo/Danny Johnston)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_falls_plant_new_york ap/20091123/us_falls_plant_new_york AP business Mon, 23 Nov 2009 19:34:36 GMT AP - A newly reopened Niagara Falls manufacturing plant will use hydropower to make products for the solar industry. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_praxair_china ap/20091123/us_praxair_china AP science Mon, 23 Nov 2009 18:03:40 GMT AP - Praxair Inc.'s Chinese unit has signed a multiyear agreement to sell gases that MAGI Solar Energy Technology Co. will use to make solar cells and modules, Praxair announced Monday. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/un_un_greenhouse_gases ap/20091123/un_un_greenhouse_gases AP business Mon, 23 Nov 2009 17:37:11 GMT AP - Greenhouse gases in the Earth's atmosphere reached record highs in 2008, with carbon dioxide levels increasing faster than previously, the U.N. weather agency said Monday. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/nd_more_nd_oil__glance ap/20091123/nd_more_nd_oil__glance AP business Mon, 23 Nov 2009 14:28:34 GMT AP - A glance at the Birdbear, an oil-bearing formation geologists say could expand horizontal drilling in North Dakota. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_more_nd_oil ap/20091123/us_more_nd_oil AP business Mon, 23 Nov 2009 14:27:53 GMT AP - A crude-bearing cache known as the Birdbear, beneath North Dakota's already booming oil patch, can be tapped using new technology that would expand horizontal drilling to parts of the state that have never seen it, geologists believe. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/oil_prices ap/20091123/oil_prices AP business Mon, 23 Nov 2009 11:50:25 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/afp/20091119/capt.photo_1256899995178-1-0.jpg?x=130&y=86&q=85&sig=K57zABMxvTVJoHlIofvrEQ--" align="left" height="86" width="130" alt="Oil prices retreated on Thursday one day after news of falling US energy inventories had sent them spiking above 80 dollars.(AFP/Getty Images/File/David McNew)" border="0" /></a>AP - Oil prices rose above $78 a barrel Monday as Iran's war games, aimed at protecting its nuclear plants, deepened tensions in the oil-rich region.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/afp/20091119/capt.photo_1256899995178-1-0.jpg?x=130&y=86&q=85&sig=K57zABMxvTVJoHlIofvrEQ--" align="left" height="86" width="130" alt="photo" title="Oil prices retreated on Thursday one day after news of falling US energy inventories had sent them spiking above 80 dollars.(AFP/Getty Images/File/David McNew)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/eu_britain_heritage_eni ap/20091123/eu_britain_heritage_eni AP business Mon, 23 Nov 2009 11:35:03 GMT AP - British oil exploration company Heritage Oil PLC said Monday it has agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up to $1.5 billion. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_farm_scene_american_olive_oil ap/20091123/us_farm_scene_american_olive_oil AP business Mon, 23 Nov 2009 08:46:14 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_farm_scene_american_olive_oil"><img src="http://d.yimg.com/a/p/ap/20091123/capt.c57aa2cae31d4f58974867a92f4a0613.olive_oil_boom_fx104.jpg?x=130&y=90&q=85&sig=xvgABMa20CvAa2m36F6SFg--" align="left" height="90" width="130" alt="In this photo from Tuesday, Nov. 17, 2009, olives ready to be mechanically harvested for olive oil are shown at California Olive Ranch in Artois. In the distance are the new hedgerow-style plantings that allow for mechanical harvesting. Olives can be picked and crushed inside of 90 minutes. In 10 years California officials say the 12,500 acres of olives for oil planted in hedgerow style will grow to 100,000 acres. (AP Photo/Tracie Cone)" border="0" /></a>AP - An oil boom is under way in California's agricultural heartland, as evolving tastes and a trend toward healthy fare have transformed a profession as old as civilization: olive production for the extra virgin market.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091123/ap_on_bi_ge/us_farm_scene_american_olive_oil"><img src="http://d.yimg.com/a/p/ap/20091123/capt.c57aa2cae31d4f58974867a92f4a0613.olive_oil_boom_fx104.jpg?x=130&y=90&q=85&sig=xvgABMa20CvAa2m36F6SFg--" align="left" height="90" width="130" alt="photo" title="In this photo from Tuesday, Nov. 17, 2009, olives ready to be mechanically harvested for olive oil are shown at California Olive Ranch in Artois. In the distance are the new hedgerow-style plantings that allow for mechanical harvesting. Olives can be picked and crushed inside of 90 minutes. In 10 years California officials say the 12,500 acres of olives for oil planted in hedgerow style will grow to 100,000 acres. (AP Photo/Tracie Cone)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091122/ap_on_bi_ge/ml_iraq_oil ap/20091122/ml_iraq_oil AP business Sun, 22 Nov 2009 12:16:24 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091122/ap_on_bi_ge/ml_iraq_oil"><img src="http://d.yimg.com/a/p/ap/20091123/capt.cf5b94337de14957ae6394c3af9b2210.fort_hood_shooting_arlington_funeral_vacd105.jpg?x=130&y=82&q=85&sig=xhWfSVZXvVts.KD7RSkmSQ--" align="left" height="82" width="130" alt="Unidentified relatives of Army Lt. Col. Juanita Warman grieve at her burial services at Arlington National Cemetery, Tuesday, Nov. 24, 2009. Warman, 55, of Havre De Grace, Md., was preparing at Fort Hood for deployment to Iraq when an Army psychiatrist allegedly opened fire on fellow soldiers. She leaves behind two daughters and six grandchildren. (AP Photo/Charles Dharapak)" border="0" /></a>AP - An Iraqi official says insurgent attacks caused a 4 percent drop in the country's oil exports in October compared to the previous month, but that revenues were up due to higher prices.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20091122/ap_on_bi_ge/ml_iraq_oil"><img src="http://d.yimg.com/a/p/ap/20091123/capt.cf5b94337de14957ae6394c3af9b2210.fort_hood_shooting_arlington_funeral_vacd105.jpg?x=130&y=82&q=85&sig=xhWfSVZXvVts.KD7RSkmSQ--" align="left" height="82" width="130" alt="photo" title="Unidentified relatives of Army Lt. Col. Juanita Warman grieve at her burial services at Arlington National Cemetery, Tuesday, Nov. 24, 2009. Warman, 55, of Havre De Grace, Md., was preparing at Fort Hood for deployment to Iraq when an Army psychiatrist allegedly opened fire on fellow soldiers. She leaves behind two daughters and six grandchildren. (AP Photo/Charles Dharapak)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091121/bs_afp/austriarussiaenergygaseu afp/20091121/austriarussiaenergygaseu AFP business Sat, 21 Nov 2009 13:18:51 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091121/bs_afp/austriarussiaenergygaseu"><img src="http://d.yimg.com/a/p/afp/20091121/capt.photo_1258809491833-1-0.jpg?x=130&y=86&q=85&sig=INpd3tGAKP4222HsUVSSEA--" align="left" height="86" width="130" alt="Map of Europe showing the South Stream and rival Nabucco gas pipelines.(AFP/Graphic/File)" border="0" /></a>AFP - Austria has begun talks with Russia in view of joining Moscow's South Stream gas pipeline project, Austrian newspapers reported on Saturday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20091121/bs_afp/austriarussiaenergygaseu"><img src="http://d.yimg.com/a/p/afp/20091121/capt.photo_1258809491833-1-0.jpg?x=130&y=86&q=85&sig=INpd3tGAKP4222HsUVSSEA--" align="left" height="86" width="130" alt="photo" title="Map of Europe showing the South Stream and rival Nabucco gas pipelines.(AFP/Graphic/File)" border="0"/></a></p><br clear="all"/> (AFP) 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/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.