Post Tagged with: "Oil"

Everything You Want To Know About Green Energy

December 14, 2012 11:02 AM0 comments

In today’s world, people are realizing more and more how important it is to take care of the beautiful environment they live in. A great way to care for the environment while saving yourself money is to incorporate green energy technology at home. Read on for good information about utilizing […]

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Oil above US$90 a barrel; up more than 3 per cent on signs of U.S., Asian growth

October 24, 2011 10:23 AM1 comment
Oil above US$90 a barrel; up more than 3 per cent on signs of U.S., Asian growth

NEW YORK, N.Y. – Oil prices climbed to their highest level in more than a month on Monday on signs of economic growth in the United States and Asia. Benchmark crude rose $3, or 3.5 per cent, to US$90.41 a barrel at midday in New York. Benchmark West Texas Intermediate […]

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BP paid $7 bln in Gulf disaster claims: executive

October 13, 2011 6:19 PM26 comments
BP paid $7 bln in Gulf disaster claims: executive

Oil giant BP has so far paid out around $7 billion in compensation claims arising from the deadly oil spill in the Gulf of Mexico last year, a senior executive told US lawmakers Thursday. “There has been a spend, a payment of claims about $5.6, $5.7 billion to individuals and […]

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US to let BP bid on Gulf of Mexico leases

6:17 PM10 comments
US to let BP bid on Gulf of Mexico leases

The United States said it will allow British oil giant BP to bid on new oil-drilling leases in the Gulf of Mexico due to go on sale later this year, less than two years after a devastating spill. US offshore safety chief Michael Bromwich told lawmakers that his agency had […]

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Oil prices tumble as drop in Chinese exports signals weaker energy demand

3:25 PM6 comments
Oil prices tumble as drop in Chinese exports signals weaker energy demand

NEW YORK, N.Y. – Oil prices fell more than two per cent Thursday as the global economic slowdown took a toll on China. China, the world’s second-largest oil consumer behind the United States, has been pushing up oil demand as its economy expands But a drop in its export growth […]

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Oil above $85 amid investor optimism Europe has plan to contain debt crisis

October 10, 2011 11:17 PM29 comments
Oil above $85 amid investor optimism Europe has plan to contain debt crisis

SINGAPORE – Oil prices hovered above US$85 a barrel Tuesday in Asia, pausing after gains of 13 per cent over the past week that were fueled by hopes Europe will contain its debt crisis and avoid a global recession. Benchmark crude for November delivery was down 11 cents at $85.30 […]

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