- Oil drops 7 percent to $50 as OPEC defers cuts
NEW YORK (Reuters) - Oil plunged more than 7 percent to $50 a barrel on Monday after OPEC deferred a decision on new supply cuts at a meeting over the weekend. The producer group delayed a decision on output until later this month as Saudi Arabia and
- Petra Petroleum Inc.: News Release
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 1, 2008) - Petra Petroleum Inc. ('Petra') (TSX VENTURE:PTL - News) announces that in accordance with Part 2 of Canadian National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities, Petra
- PXP Completes $1.25 Billion Sale of Its Remaining Oil and Gas Properties in the Permian and Piceance Basins
HOUSTON, Dec. 1 /PRNewswire-FirstCall/ -- Plains Exploration & Production Company (NYSE: PXP - News; 'PXP' or the 'Company') announced today it completed the sale of its remaining interests in oil and gas properties located in the Permian and Piceance
- PXP Completes $1.25 Billion Sale of Its Remaining Oil and Gas Properties in the Permian and Piceance Basins
HOUSTON, Dec. 1 /PRNewswire-FirstCall/ -- Plains Exploration & Production Company (NYSE: PXP) ('PXP' or the 'Company') announced today it completed the sale of its remaining interests in oil and gas properties located in the Permian and Piceance Basins
- Oil drops 7 percent to $50 as OPEC defers cuts
NEW YORK (Reuters) - Oil plunged more than 7 percent to $50 a barrel on Monday after OPEC deferred a decision on new supply cuts at a meeting over the weekend. The producer group delayed a decision on output until later this month as Saudi Arabia and
- Papers: U.S. let Saddam gas Kurds for farm deal
They share a deep sorrow: an idealistic American who tried to protect the Kurds of Iraq, a Canadian general who refused to follow orders in Rwanda, a French priest who fought for the soul of Cambodia. Each one tried to focus the world's attention on the
- U.S. energy shares slammed by OPEC disappointment
HOUSTON, Dec 1 (Reuters) - Energy stocks of all types showed sharp losses on Monday as investors were disappointed that OPEC deferred a decision on cutting crude oil production. Crude oil futures plunged more than 8 percent to below $50 a barrel after
- Russia's oil wealth funds rise to $206.2 bln
MOSCOW, Dec 1 (Reuters) - Russia's two oil wealth funds totalled 5.76 billion roubles ($206.2 million) up from $197.4 billion a month ago, Finance Ministry data showed on Monday. The Reserve Fund, which serves as a safety cushion for the budget and is
- Iran says non-OPEC crude producers to cut oil production
TEHRAN, Nov.30 (Xinhua) - Iran's Oil Minister Gholam Hossein Nozari said here Sunday that the non-OPEC crude producers had agreed to cut their oil production, the semi-official Fars news agency reported. Nozari, who was addressing the correspondents on
All trademarks and copyrights of links from this page are owned by their respective owners.
