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PTTEP keen to tap shale gas
The Bangkok PostPTT Exploration and Production Plc (PTTEP), Thailand's sole publicly traded petroleum explorer, is looking to invest in North America's shale gas through a joint investment with strategic partners. The plan is part of PTTEP's goal to have total...Tags: Science, Thailand, Bangkok (Thailand), Norway, Environmental Issues
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CBOT early calls: Wheat down 4-6 cents, corn down 2-4, soy up 2-3
ReutersMay 10 (Reuters) - Following are U.S. trade expectations for the reopening of Chicago Board of Trade grain and soy trading at 8:30 a.m. CDT (1330 GMT) on Friday. WHEAT - Down 4 to 6 cents per bushel. Consolidation and liquidation featured ahead of the...Tags: Chicago Board of Trade, Arable Farming
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RPT-ANALYSIS-Collapse in Brent-WTI oil spread spooks refiners, railways
Reuters* Brent-WTI narrows to less than $8/bbl from above $20 in Feb * Refiners, railways, make big profits from the arbitrage trade * Bakken producers may need to discount their crude * Continental Resources expects lower rail fees By David Sheppard NEW...Tags: Companies and Corporations, ConocoPhillips, Earnings Forecasts, Environmental Issues, Canadian Pacific Limited
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PREVIEW-Brazil oil auction to open new frontiers after 5-yr wait
Reuters* Enthusiasm for Brazil has dimmed since last oil auction * New areas concentrated in high-risk frontier regions * Since last sale, gov't has boosted control of prime blocks By Jeb Blount RIO DE JANEIRO, May 10 (Reuters) - Brazil's upcoming sale of...Tags: BG Group Plc., BP Plc, Environmental Issues, Softball, Petroleum Industry
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GLOBAL MARKETS-Yen slumps to 4-1/2-year low, bonds fall
Reuters* Yen slides to 101.62 against dollar * Upbeat U.S. data, Japanese bond buys drive move * German Bunds fall as safe-haven demand dented * European shares hit five-year highs By Herbert Lash NEW YORK, May 10 (Reuters) - The yen on Friday slid to its...Tags: Financial Markets, Nasdaq Composite, Earnings Forecasts, Car Safety Tips and Advice, Federal Reserve
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Kansas oil production rises 5% in 2012; natural gas production falls
The Wichita EagleDriven by continued strong prices and horizontal drilling, Kansas oil production rose 5 percent in 2012, while low natural gas prices idled exploration rigs, causing gas production to fall 4.3 percent, according to the Kansas Geological Survey. The...Tags: Natural Gas, Limes, Energy Resources, Petroleum Industry
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FACTBOX-Brazil oil auction seeks to sell an area the size of New York
ReutersMay 10 (Reuters) - Brazil's first oil auction in five years will offer 289 onshore and offshore areas from 11 sedimentary basins covering 155,800 square kilometers (60,155 square miles) of Brazilian territory, an area the size of Bangladesh or the U.S....Tags: Malaysia, ConocoPhillips, BG Group Plc., BP Plc, Woodside Petroleum Limited
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GLOBAL MARKETS-Yen slumps to 4-1/2-year low, oil tumbles
Reuters* Yen slides to 101.62 against dollar * Upbeat U.S. data, Japanese bond buys drive move * German Bunds fall as safe-haven demand dented * European shares hit five-year highs By Herbert Lash NEW YORK, May 10 (Reuters) - The yen on Friday slid to its...Tags: Financial Markets, Nasdaq Composite, Earnings Forecasts, Car Safety Tips and Advice, Federal Reserve
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Factbox: Brazil oil auction seeks to sell an area the size of New York
Reuters(Reuters) - Brazil's first oil auction in five years will offer 289 onshore and offshore areas from 11 sedimentary basins covering 155,800 square kilometers (60,155 square miles) of Brazilian territory, an area the size of Bangladesh or the U.S. state...Tags: Malaysia, ConocoPhillips, BG Group Plc., Murphy Oil Corporation, BP Plc
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Brazil oil auction to open new frontiers after 5-year wait
ReutersRIO DE JANEIRO (Reuters) - Brazil's upcoming sale of oil and natural gas rights, the first in five years, will be a test for the country's government and oil industry as they struggle to realize the potential of giant, new petroleum reserves. At the...Tags: BG Group Plc., BP Plc, Environmental Issues, Softball, Petroleum Industry
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Oil patch mayors appreciate funds, believe more is needed
The Bismarck Tribune, N.D.While pleased with the record dollars approved for infrastructure needs, oil patch leaders believe their case still needs to be made on how development is affecting the region and that future spending will be necessary. More than $2 billion in...Tags: Manufacturing and Engineering, Health and Safety at School, Finance, Energy Resources, Petroleum Industry
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St. Cloud gas prices hit $3.89
St. Cloud Times, Minn.Gas prices in St. Cloud and the entire state are on the rise, according to multiple price tracking sites. In St. Cloud, prices reached as high as $3.89 a gallon at some stations Friday with the lowest price listed as $3.69 a gallon, according to...Tags: Trips and Vacations, Travel, Petroleum Industry
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|Story| McClatchy-Tribune
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