December 29

Messy policies put vegetable oil industry in a fix
Hindu Business Line - India
THE country's burgeoning vegetable oil industry is in a fix with none in the Government willing to lend a sympathetic ear to their genuine woes. ...
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Angola's oil production continues increasing in 2005
Xinhua - China
8 (Xinhua) -- Angola, the second biggest oil producer after Nigeria in sub-Saharan Africa, continued to boast of a high crude oil production in 2005 ...
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RPT - Oil closes up more than 5 pct, natural gas loses 14 pct on ...
Forbes - USA
SAN FRANCISCO (AFX) - Crude- oil futures closed at their highest level in three months Friday to mark a weekly gain of more than 5 pct, but natural-gas prices ...
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Korean lobbyist arrested over oil -for-food scandal
International Herald Tribune - France
... the 1970s known as Koreagate, was arrested in Houston on charges that he had worked illegally to secure favorable treatment for Iraq under the UN oil -for-food ...
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Oil slick near marina larger than estimated
San Jose Mercury News - CA, USA
Crews spent Saturday clearing an oil slick along a small patch of coast near the Martinez Boat Marina after an oil spill Monday was determined to have spread ...
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New Research To Help Guarantee Future Of Oil Supplies
Science Daily (press release) - USA
Scientists at the University of Liverpool are working with leading oil companies to further understanding of the nature of oil and gas reservoirs within deeply ...
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href="http://www.indiadaily.com/editorial/6317.asp">Indian cabinet approves building strategic oil reserve
India Daily - Whitehouse Station,NJ,USA
The Indian cabinet has approved building strategic crude oil reserves to enhance the country's energy security, the defence minister said. ...
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Special economic zone for service providers to oil and gas sector
Hindu - Chennai,India
... Minister Mani Shankar Aiyar has said a proposal is being considered to set up an exclusive petroleum economic zone for service providers in the oil and gas ...
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Oil imports fuel looming energy crisis
Scotsman - United Kingdom
THE WORLD'S top energy watchdog has warned that the UK economy will become a net importer of oil this year for the first time in more than a decade - three ...
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Red alert as Russia floats its oil giant
The Observer - UK
... either. Russia's biggest oil firm plans to make around a fifth of its stock available at IPO, and to raise up to $20bn (£11.4bn). ...
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December 13

Update 9: UK Police Say Oil Blasts an Accident
Forbes - USA
Explosions at one of Britain's largest oil depots jolted an area north of London early Sunday, hurling multiple balls of fire into the sky, shattering windows ...
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OPEC content to leave oil output as it is
Reuters - USA
KUWAIT (Reuters) - OPEC oil ministers were united on Sunday that they should keep pumping close to the limit through winter to keep prices in check. ...
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Iranian leader's fourth oil minister nominee given nod
Financial Times - London,England,UK
Iran's parliament on Sunday gave a clear vote of confidence to Kazem Vaziri-Hamaneh as oil minister, endorsing the fourth nominee from President Mahmoud ...
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India-China combine faces tough competition in Syrian oil stake ...
Hindu Business Line - India
Sources told Business Line that the two entities, which have come together to bid for Petro-Canada's interest in a major Syrian oil and gas joint venture with ...
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Bird flu, Suu Kyi, high oil prices top agenda of ASEAN meet
INQ7.net - Philippines
KUALA LUMPUR -- Weighed down by frustrations over Burma (Myanmar), bird flu and high oil prices while seeking to forge greater economic integration with China ...
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UPDATE: Oil Depot Blasts Cause Casualties
Free Internet Press - New York,NY,USA
Three large explosions have taken place at an oil depot near Hemel Hempstead in Hertfordshire, and officers are at the scene said there have been casualties. ...

Officials calm oil shortage fears
Aljazeera.net - Qatar
The Buncefield oil depot supplies petrol and fuel oils for a large part of southeast England. Oil is brought to the depot, near ...
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Oil wealth helping few of Angola's poor
Boston Globe - United States
... And here is a chance to narrow the extremes of Angola: Unprecedented billions of dollars in oil money are filling government coffers. ...
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Clooney's new movie urges US to reduce oil use
Webindia123 - India
George Clooney's new movie "Syriana" is being used by environmentalists to urge the US to reduce the use of oil . According to contactmusic ...
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There are no foreign investors currently in Iraqi oil sector ...
Kuwait News Agency - Kuwait
PWR-KUWAIT-OPEC-IRAQ There are no foreign investors currently in Iraqi oil sector -- Bahr Al-Ulum KUWAIT, Dec 11 (KUNA) -- Iraqi Oil Minister Ibrahim Bahr Al ...
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December 6

P Shiv Shankar adds ' oil spill' to Matherani's remarks
Times of India - India
... ''We met the Iraqi foreign and petroleum ministers and discussed extensively about issues related to oil ,'' he said and added: ''We discussed about oil ...
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Oil over $59 on US cold, OPEC keeps taps open
Reuters South Africa - Johannesburg,South Africa
NEW YORK (Reuters) - A forecasted blast of cold weather in the United States shoved crude oil prices above $59 a barrel on Friday despite further assurances ...
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New Clooney Thriller Syriana Takes on Global Oil Industry ...
Voice of America - USA
By Alan Silverman. The global oil industry, geopolitics and espionage. ... For Syriana Gaghan traveled the oil -producing region with some expert guidance. ...
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G7 MEETING Ministers expect solid growth but slowed by oil price ...
Forbes - USA
LONDON (AFX) - G7 finance ministers and central bankers said global growth will remain solid but will be slowed down by the recent oil price rise. ...

G7 MEETING Ministers call for more transparency on oil supply and ...
Forbes - USA
LONDON (AFX) - G7 finance ministers and central bankers said there is a need for more transparency over supply and demand in the oil market. ...
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Oil : Price over US$59 on US cold, Opec keeps taps open
New Zealand Herald - New Zealand
NEW YORK - A forecasted blast of cold weather in the United States shoved crude oil prices above US$59 a barrel despite further assurances from oil cartel Opec ...
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Oil , natural gas prices rise as cold settles in
Chicago Tribune - United States
NEW YORK -- The price of oil rose above $59 a barrel Friday, buoyed by natural gas futures surging on forecasts of colder weather. ...
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ONGC to pursue exploration of oil more aggressively: official
Hindu - Chennai,India
CHENNAI: AK Balyan, Director (Human Resource), Oil and Natural Gas Corporation, said that the ONGC would explore more aggressively the pursuit of its "first ...
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Oil prices extend gains
Sify - Taramani,Chennai,India
New York: Oil prices have extended their gains as traders feared supplies may be squeezed in the wake of forecasts calling for a prolonged cold snap in key ...
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G7 finance ministers: Global growth at risk from oil prices ...
Globe and Mail - Canada
... flexibility in China's exchange rate would improve global stability and warned that global economic growth is at risk from high oil prices, protectionism and ...
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