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All rights reserved. http://news.yahoo.com/business/industries/energy-oil business Business - Energy & Oil Industry en-us Wed, 10 Feb 2010 01:17:00 GMT 5 142 18 http://news.yahoo.com/business/industries/energy-oil http://l.yimg.com/a/i/us/nws/th/main_142c.gif http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100210/ap_on_bi_ge/us_border_mine ap/20100210/us_border_mine AP business Wed, 10 Feb 2010 01:17:00 GMT AP - Leaders of Montana and British Columbia said Tuesday they will ban drilling and mining in a remote valley along the US-Canada border that companies have tried to develop for more than a quarter-century. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_con_edison_solar ap/20100209/us_con_edison_solar AP business Tue, 09 Feb 2010 21:59:11 GMT AP - Con Edison, a unit of Consolidated Edison Inc., on Tuesday filed a proposal with the state of New York calling for more funds for solar energy projects in New York City. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100209/bs_afp/commoditiesenergyoilprice afp/20100209/commoditiesenergyoilprice AFP business Tue, 09 Feb 2010 21:24:53 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100209/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265738446150-5-0.jpg?x=130&y=86&q=85&sig=pj661LYXuCZpw9i5JPItbg--" align="left" height="86" width="130" alt="A man uses a bulldozer to clean snow in front of the US Capitol in Washington, DC, on February 8. Oil prices rebounded Tuesday as the dollar weakened against the euro on whetted risk appetite, making crude cheaper for buyers using stronger currencies. The market also found support from the prospect of another fierce US snowstorm on the East Coast.(AFP/File/Jewel Samad)" border="0" /></a>AFP - Oil prices rebounded Tuesday as the dollar weakened against the euro on whetted risk appetite, making crude cheaper for buyers using stronger currencies.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100209/bs_afp/commoditiesenergyoilprice"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265738446150-5-0.jpg?x=130&y=86&q=85&sig=pj661LYXuCZpw9i5JPItbg--" align="left" height="86" width="130" alt="photo" title="A man uses a bulldozer to clean snow in front of the US Capitol in Washington, DC, on February 8. Oil prices rebounded Tuesday as the dollar weakened against the euro on whetted risk appetite, making crude cheaper for buyers using stronger currencies. The market also found support from the prospect of another fierce US snowstorm on the East Coast.(AFP/File/Jewel Samad)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/oil_prices ap/20100209/oil_prices AP business Tue, 09 Feb 2010 21:24:05 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/ap/20100209/capt.dbada15e386f4955a81746eaef96aefd.oil_prices_nybz178.jpg?x=130&y=72&q=85&sig=3GG76GSZTIUWUPbjMVx5Dw--" align="left" height="72" width="130" alt="FILE - In this Jan. 5, 2010 file photo, Kevin Richards of Norton & Haines Hauling puts away a fuel hose after topping off about 30,000 gallons of home heating oil into the underground storage tanks at Gleason's oil depot in Framingham, Mass. Heating oil prices got a boost Tuesday, Feb. 9, 2010, as the second powerful storm in four days threatened to dump more than a foot of snow on the East Coast. (AP Photo/Charles Krupa, File)" border="0" /></a>AP - Heating oil prices got a boost Tuesday as the second powerful storm in four days threatened to dump more than a foot of snow on the East Coast.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/ap/20100209/capt.dbada15e386f4955a81746eaef96aefd.oil_prices_nybz178.jpg?x=130&y=72&q=85&sig=3GG76GSZTIUWUPbjMVx5Dw--" align="left" height="72" width="130" alt="photo" title="FILE - In this Jan. 5, 2010 file photo, Kevin Richards of Norton & Haines Hauling puts away a fuel hose after topping off about 30,000 gallons of home heating oil into the underground storage tanks at Gleason's oil depot in Framingham, Mass. Heating oil prices got a boost Tuesday, Feb. 9, 2010, as the second powerful storm in four days threatened to dump more than a foot of snow on the East Coast. (AP Photo/Charles Krupa, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100209/wl_mideast_afp/kuwaiteconomybudgetoil afp/20100209/kuwaiteconomybudgetoil AFP world Tue, 09 Feb 2010 18:29:53 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100209/wl_mideast_afp/kuwaiteconomybudgetoil"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265740142487-1-0.jpg?x=130&y=86&q=85&sig=5M2afGrSySvOOvqmi.facQ--" align="left" height="86" width="130" alt="Kuwait City's banking complex is decorated with lights and the national flag in 2009. OPEC member Kuwait is projecting a 22.4 billion dollar budget deficit for the 2010-2011 fiscal year after raising spending by more than 33 percent, according to a draft budget seen on Tuesday.(AFP/File/Yasser al-Zayyat)" border="0" /></a>AFP - OPEC member Kuwait is projecting a 22.4 billion dollar budget deficit for the 2010-2011 fiscal year after raising spending by more than 33 percent, according to a draft budget seen on Tuesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100209/wl_mideast_afp/kuwaiteconomybudgetoil"><img src="http://d.yimg.com/a/p/afp/20100209/capt.photo_1265740142487-1-0.jpg?x=130&y=86&q=85&sig=5M2afGrSySvOOvqmi.facQ--" align="left" height="86" width="130" alt="photo" title="Kuwait City's banking complex is decorated with lights and the national flag in 2009. OPEC member Kuwait is projecting a 22.4 billion dollar budget deficit for the 2010-2011 fiscal year after raising spending by more than 33 percent, according to a draft budget seen on Tuesday.(AFP/File/Yasser al-Zayyat)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_earns_alpha_natural_resources ap/20100209/us_earns_alpha_natural_resources AP business Tue, 09 Feb 2010 17:36:47 GMT AP - Coal mine operator Alpha Natural Resources expanded its tiny natural gas business, drilling its first well in the Marcellus shale. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20100209/bs_nm/us_markets_oil nm/20100209/us_markets_oil Reuters business Tue, 09 Feb 2010 11:40:17 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20100209/bs_nm/us_markets_oil"><img src="http://d.yimg.com/a/p/rids/20100209/i/r3548688280.jpg?x=130&y=87&q=85&sig=NhRb0pzcLSioQJ2ekFkGtA--" align="left" height="87" width="130" alt="A man refuels his car at a petrol station in Sydney October 26, 2009. REUTERS/Daniel Munoz" border="0" /></a>Reuters - Oil rose above $72 a barrel on Tuesday due to a weaker U.S. dollar and robust buying interest as investors looked for bargains following last week's price slide to near two-month lows.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20100209/bs_nm/us_markets_oil"><img src="http://d.yimg.com/a/p/rids/20100209/i/r3548688280.jpg?x=130&y=87&q=85&sig=NhRb0pzcLSioQJ2ekFkGtA--" align="left" height="87" width="130" alt="photo" title="A man refuels his car at a petrol station in Sydney October 26, 2009. REUTERS/Daniel Munoz" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_natural_gas_safety ap/20100208/us_natural_gas_safety AP business Mon, 08 Feb 2010 23:03:52 GMT AP - The Connecticut explosion that killed five people won't slow the development of natural gas power plants. But it will likely lead to more scrutiny of a technique used to clear air from gas lines. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100208/wl_mideast_afp/uaeenergyoilinvestment afp/20100208/uaeenergyoilinvestment AFP world Mon, 08 Feb 2010 19:32:07 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100208/wl_mideast_afp/uaeenergyoilinvestment"><img src="http://d.yimg.com/a/p/afp/20100208/capt.photo_1265657495842-1-0.jpg?x=92&y=130&q=85&sig=pj3GKJGgnyf9M7QHGnKztg--" align="left" height="130" width="92" alt="Abu Dhabi's state-owned oil firm ADCO is to invest billions of dollars to hike onshore production by 400,000 barrels per day to 1.8 million bpd by 2017, its general manager Abdel Monim al-Kindy said on Monday.(ADCO)" border="0" /></a>AFP - Abu Dhabi's state-owned oil firm ADCO is to invest billions of dollars to hike onshore production by 400,000 barrels per day to 1.8 million bpd by 2017, its general manager Abdel Monim al-Kindy said on Monday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100208/wl_mideast_afp/uaeenergyoilinvestment"><img src="http://d.yimg.com/a/p/afp/20100208/capt.photo_1265657495842-1-0.jpg?x=92&y=130&q=85&sig=pj3GKJGgnyf9M7QHGnKztg--" align="left" height="130" width="92" alt="photo" title="Abu Dhabi's state-owned oil firm ADCO is to invest billions of dollars to hike onshore production by 400,000 barrels per day to 1.8 million bpd by 2017, its general manager Abdel Monim al-Kindy said on Monday.(ADCO)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_walter_energy_analyst_note ap/20100208/us_walter_energy_analyst_note AP business Mon, 08 Feb 2010 16:59:15 GMT AP - Shares of Walter Energy Inc. are poised to climb with rising metallurgical coal prices, said an analyst Monday as he upgraded the coal producer's stock. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20100208/bs_nm/us_markets_stocks nm/20100208/us_markets_stocks Reuters business Mon, 08 Feb 2010 22:31:11 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20100208/bs_nm/us_markets_stocks"><img src="http://d.yimg.com/a/p/rids/20100208/i/r2926081951.jpg?x=130&y=86&q=85&sig=sSyCQHaZqAvlDpAwXFBNqQ--" align="left" height="86" width="130" alt="Traders work on the floor of the New York Stock Exchange in this October 30, 2009 file photo. REUTERS/Brendan McDermid" border="0" /></a>Reuters - The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/nm/20100208/bs_nm/us_markets_stocks"><img src="http://d.yimg.com/a/p/rids/20100208/i/r2926081951.jpg?x=130&y=86&q=85&sig=sSyCQHaZqAvlDpAwXFBNqQ--" align="left" height="86" width="130" alt="photo" title="Traders work on the floor of the New York Stock Exchange in this October 30, 2009 file photo. REUTERS/Brendan McDermid" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/us_gas_prices ap/20100207/us_gas_prices AP business Sun, 07 Feb 2010 19:18:05 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/us_gas_prices"><img src="http://d.yimg.com/a/p/rids/20100207/i/r3196209366.jpg?x=130&y=84&q=85&sig=uT._FqPownUalo4O5syKlw--" align="left" height="84" width="130" alt="Shai Agassi, Better Place founder and chief executive, walks in front of an electric car during the inauguration of a new vehicle demonstration center in the Israeli city of Tel Aviv February 7, 2010. Better Place's concept is for battery-swapping stations to complement a network of charge spots so electric cars such as partner Renault's planned Zoe can extend its range without the need of an additional back-up engine that burns fossil fuel. REUTERS/Gil Cohen Magen (ISRAEL - Tags: TRANSPORT ENERGY BUSINESS)" border="0" /></a>AP - The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/us_gas_prices"><img src="http://d.yimg.com/a/p/rids/20100207/i/r3196209366.jpg?x=130&y=84&q=85&sig=uT._FqPownUalo4O5syKlw--" align="left" height="84" width="130" alt="photo" title="Shai Agassi, Better Place founder and chief executive, walks in front of an electric car during the inauguration of a new vehicle demonstration center in the Israeli city of Tel Aviv February 7, 2010. Better Place's concept is for battery-swapping stations to complement a network of charge spots so electric cars such as partner Renault's planned Zoe can extend its range without the need of an additional back-up engine that burns fossil fuel. REUTERS/Gil Cohen Magen (ISRAEL - Tags: TRANSPORT ENERGY BUSINESS)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/af_nigeria_oil_unrest ap/20100207/af_nigeria_oil_unrest AP business Sun, 07 Feb 2010 18:44:03 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/af_nigeria_oil_unrest"><img src="http://d.yimg.com/a/p/ap/20100209/capt.522628ef730a4d8a97bd5ca883a5ce13.nigeria_president_nin101.jpg?x=130&y=84&q=85&sig=zL.PMN_sUXwZAuZNUoSnvA--" align="left" height="84" width="130" alt="FILE - In this May 29, 2007 file photo, Nigeria's President Umaru Yar'Adua, right, stands with Nigeria's former President Olusegun Obasanjo, left, and Nigeria's vice President Goodluck Jonathan, center, after they were sworn in at Abuja, Nigeria. Parliament empowered Vice President Goodluck Jonathan on Tuesday Feb. 9, 2010 to take over for the ill president of oil-rich Nigeria, whose absence has stoked unrest in Africa's most populous country. Both the House of Representatives and the Senate passed measures calling on Jonathan to act as president and commander in chief until President Umaru Yar'Adua returns from Saudi Arabia, where he has been receiving medical treatment for a heart condition since November. (AP Photo/George Osodi, File)" border="0" /></a>AP - A Nigerian militant group claims to have attacked an oil pipeline operated by Royal Dutch Shell PLC in the Niger Delta but oil company officials could not confirm the attack.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/af_nigeria_oil_unrest"><img src="http://d.yimg.com/a/p/ap/20100209/capt.522628ef730a4d8a97bd5ca883a5ce13.nigeria_president_nin101.jpg?x=130&y=84&q=85&sig=zL.PMN_sUXwZAuZNUoSnvA--" align="left" height="84" width="130" alt="photo" title="FILE - In this May 29, 2007 file photo, Nigeria's President Umaru Yar'Adua, right, stands with Nigeria's former President Olusegun Obasanjo, left, and Nigeria's vice President Goodluck Jonathan, center, after they were sworn in at Abuja, Nigeria. Parliament empowered Vice President Goodluck Jonathan on Tuesday Feb. 9, 2010 to take over for the ill president of oil-rich Nigeria, whose absence has stoked unrest in Africa's most populous country. Both the House of Representatives and the Senate passed measures calling on Jonathan to act as president and commander in chief until President Umaru Yar'Adua returns from Saudi Arabia, where he has been receiving medical treatment for a heart condition since November. (AP Photo/George Osodi, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100207/ap_on_bi_ge/us_electricity_from_air ap/20100207/us_electricity_from_air AP business Sun, 07 Feb 2010 17:24:58 GMT AP - A Utah company plans to dig a series of underground caverns that it hopes to one day fill with compressed air, releasing it to generate electricity by turning a turbine and solving one of the most vexing problems facing the clean-energy industry &mdash; how to store power. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100206/bs_afp/ugandabritainoilitaly afp/20100206/ugandabritainoilitaly AFP business Sat, 06 Feb 2010 19:25:35 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100206/bs_afp/ugandabritainoilitaly"><img src="http://d.yimg.com/a/p/afp/20100206/capt.photo_1265495087640-1-0.jpg?x=130&y=89&q=85&sig=z84gHMdCCUQ2C9nadDD5Fw--" align="left" height="89" width="130" alt="The logo of Italian energy giant ENI. Italy's ENI has withdrawn a bid to buy Ugandan oil reserves currently controlled by Canada's Heritage Oil after Britain's Tullow invoked preemption rights, Dow Jones reported Saturday.(AFP/File/Damien Meyer)" border="0" /></a>AFP - Italy's ENI has withdrawn a bid to buy Ugandan oil reserves currently controlled by Canada's Heritage Oil after Britain's Tullow invoked preemption rights, Dow Jones reported Saturday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100206/bs_afp/ugandabritainoilitaly"><img src="http://d.yimg.com/a/p/afp/20100206/capt.photo_1265495087640-1-0.jpg?x=130&y=89&q=85&sig=z84gHMdCCUQ2C9nadDD5Fw--" align="left" height="89" width="130" alt="photo" title="The logo of Italian energy giant ENI. Italy's ENI has withdrawn a bid to buy Ugandan oil reserves currently controlled by Canada's Heritage Oil after Britain's Tullow invoked preemption rights, Dow Jones reported Saturday.(AFP/File/Damien Meyer)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100206/ap_on_bi_ge/co_oil_shale ap/20100206/co_oil_shale AP business Sat, 06 Feb 2010 00:22:38 GMT AP - Concerns and conflict over the first round of federal oil shale leases in the Rockies have made the government more deliberate in the second round, a federal official said Friday. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_bj_services_dividend ap/20100205/us_bj_services_dividend AP business Fri, 05 Feb 2010 23:33:43 GMT AP - BJ Services Co., which provides help to oil and gas drilling operators, has declared a quarterly dividend of 5 cents per share. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_mining_taxes ap/20100205/us_mining_taxes AP business Fri, 05 Feb 2010 19:55:29 GMT AP - Coal companies are objecting to an Obama administration proposal that could raise their state taxes to cover the cost of regulating surface mining. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_rig_count ap/20100205/us_rig_count AP business Fri, 05 Feb 2010 19:51:06 GMT AP - The number of rigs actively exploring for oil and natural gas in the U.S. rose by 18 this week to 1,335. http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100205/bs_afp/serbiarussiaenergygas afp/20100205/serbiarussiaenergygas AFP business Fri, 05 Feb 2010 19:07:01 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100205/bs_afp/serbiarussiaenergygas"><img src="http://d.yimg.com/a/p/afp/20100205/capt.photo_1265407526359-1-0.jpg?x=130&y=86&q=85&sig=H8IHwzXMGaMb_Czy8oWDjA--" align="left" height="86" width="130" alt="A map of northern Europe showing the route of the planned South Stream and Nabucco gas pipelines. Serbia's state-run gas company and Russia's Gazprom on Friday founded a joint venture to manage an underground gas storage as a part of future South Stream pipeline through the Balkan republic, Beta news agency reported.(AFP/Graphic)" border="0" /></a>AFP - Serbia's state-run gas company and Russia's Gazprom on Friday founded a joint venture to manage an underground gas storage as a part of future South Stream pipeline through the Balkan republic, Beta news agency reported.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/afp/20100205/bs_afp/serbiarussiaenergygas"><img src="http://d.yimg.com/a/p/afp/20100205/capt.photo_1265407526359-1-0.jpg?x=130&y=86&q=85&sig=H8IHwzXMGaMb_Czy8oWDjA--" align="left" height="86" width="130" alt="photo" title="A map of northern Europe showing the route of the planned South Stream and Nabucco gas pipelines. Serbia's state-run gas company and Russia's Gazprom on Friday founded a joint venture to manage an underground gas storage as a part of future South Stream pipeline through the Balkan republic, Beta news agency reported.(AFP/Graphic)" border="0"/></a></p><br clear="all"/> (AFP)