March 30

Oil prices fall ahead of weekend
Herald News Daily - Williston,ND,USA
NEW YORK - Oil prices settled lower Friday as investors took profits after Thursday‘s rally and ahead of the weekend. Prices remained near highs for the ...
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Oil eases, Iran and gasoline worries support
Reuters - USA
LONDON (Reuters) - Oil stalled on Friday after a nearly two-week rally on tensions over Iran's capture of British military personnel and worries over US ...
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ND: New Oil Production Gets Tax Cut
Houston Chronicle - Houston,TX,USA
BISMARCK, ND — New oil wells in western North Dakota's Bakken geologic formation would get a temporary tax cut under legislation the state House has ...
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Wall Street ends higher as investors weigh oil surge, strong GDP ...
Uniontown Herald Standard - Uniontown,PA,USA
Investors remain nervous about the West's response to British sailors held captive in Iran, and oil prices crossed the $66 mark. ...
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GAO Report Warns US Vulnerable to Oil Price Spike
Helicopter Association International - Alexandria,VA,USA
The GAO report addressed the “peak oil” theory, citing a range of forecasts that global oil production might level off or decline anytime between now and ...
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French oil strike 'nearing end'
BBC News - UK
As a result of the walkout 63 ships, including 39 oil tankers, have been blocked from the port, a development which could lead to almost half of France's ...
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Oil Prices Rise to over $66 a Barrel
Market News First Financial News - Dallas,TX,USA
DALLAS, TX (March 30, 2007) -- Oil prices extended their climb on Friday amid a political standoff between Britain and Iran over the detainment of 15 ...
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China's economically viable oil reserves at 15 billion barrels ...
MarketWatch - USA
BEIJING (MarketWatch) -- China's commercially viable oil reserves stood at 2.043 billion metric tons, about 15 billion barrels, by the end of 2006, ...
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March 25

China and Venezuela Plan Oil Deals to Cement Ties
The Moscow Times - Moscow,Russia
CARACAS, Venezuela -- Venezuela said Saturday that it was working on a raft of oil deals with China, giving impetus to President Hugo Chavez's attempts to ...
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Oil prices leap on Gulf incident
The Statesman Online - Accra,Ghana
Oil prices have risen to their highest level this year after 15 British navy personnel were seized at gunpoint by Iranian forces in the Gulf. ...
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Cuba Takes Foreign Geologists, Petroleum Experts To Oil, Natural ...
Trading Markets - Los Angeles,CA,USA
(RTTNews) - Cuban oil officials took foreign geologists and petroleum experts on a tour of the island's oil and natural gas works to attract more ...
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Fire starts Balamban oil spill
Sun.Star - Philippines
A SHIP undergoing repairs in a Balamban town shipyard caught fire and triggered an oil spill that covered the waters of five coastal barangays, ...
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Organization pushes for "terror free oil"
News 14 Charlotte - Charlotte,NC,USA
It identifies oil companies it said use homegrown oil supplies from the United States and Canada, and not the Middle East. “Anything that doesn't support ...
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Gref Says Investments Are Solution to Low Oil Prices
The Moscow Times - Moscow,Russia
The economy will receive a massive injection of state funds over the next three years to help it through a period of lower oil prices, Economic Development ...
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Automakers lengthen intervals between oil changes
nwitimes.com - Munster,IN,USA
DETROIT | Most major automakers agree: The adage that you should change your car's oil every 3000 miles is outdated, and even 5000 miles may be too often. ...
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March 20

Gulf governments plan oil pipelines that could lessen possible ...
San Diego Union Tribune - San Diego,CA,USA
DUBAI, United Arab Emirates – Gulf governments are planning oil pipelines that would bypass the world's most vulnerable energy choke point, the Strait of ...
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Oil slips as economic fears weigh
CNNMoney.com - USA
LONDON (Reuters) -- Oil fell on Tuesday as lingering concerns over the health of the global economy overcame expectations for a drawdown in US gasoline ...
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Mexican officials: State oil monopoly in 'critical' condition
Sioux City Journal - Sioux City,IA,USA
MEXICO CITY (AP) -- Mexico's state oil monopoly is in "critical" condition and needs to boost exploration and seek outside expertise to replenish oil ...
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China Finds New Oil, Gas Deposit
Prensa Latina - Havana,Cuba
Beijing, Mar 20 (Prensa Latina) Two Chinese oil companies announced on Tuesday new oil and natural gas deposits were discovered in East China s Bohai Bay, ...
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Royal Dutch Takeover of Shell Canada Portends Shifting Oil Sands ...
Resource Investor - Herndon,VA,USA
Shell Canada, which left the conventional oil business in Canada years ago, has also been one of the pioneers in Canada's offshore energy exploration and ...
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Oil prices ease
Finance24 - Cape Town,South Africa
London - World oil prices dipped on profit-taking Tuesday, reversing gains won earlier in the day ahead of the publication of data on US gasoline stocks, ...
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Economy, oil prices pump PetroChina profit
Toronto Star - Toronto,Ontario,Canada
PetroChina Co., China's biggest oil conglomerate, reported yesterday that net profit jumped 6.6 per cent to a new record in 2006 on higher oil prices. ...
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March 9

Oil closes near $60 on weak oil, gas
Monsters and Critics.com - Glasgow,UK
NEW YORK, NY, United States (UPI) -- New York crude oil retreated to close at nearly $60 a barrel Friday under pressure by weakened heating oil and gasoline ...
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Oil depots’ transfer better late than never
ABS CBN News - Philippines
It is hard to believe that the depots that contain 170 million liters of oil that supply half the nation’s fuel requirements has been tolerated in a place ...
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RIL hives off overseas oil, gas projects into a Dubai firm
Hindu - Chennai,India
(PTI): Reliance Industries has hived-off its overseas oil and gas projects into a separate wholly-owned company based in Dubai and is eyeing a tie-up with ...
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IBM Opens Calgary Oil Sands Centre of Excellence
TechWhack - New Delhi,Delhi,India
Today, IBM (NYSE: IBM) opened its US $2.6 million Oil Sands Centre of Excellence in Calgary, which aims to help petroleum producers test and use new ...
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Oil falls below $61 on profit taking
Canada.com - Hamilton,Ontario,Canada
LONDON (Reuters) - Oil prices fell below $61 on Friday as easing US supply concerns spurred a bout of profit taking. US crude traded down 89 cents to $60.75 ...
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Pump Pain: Gas Passes $3 On West Coast
CBS News - New York City,NY,USA
Crude oil, which makes up about half the price of gasoline, is trading above $60 a barrel. Higher demand, refinery maintenance and fears about springtime ...
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March 6

Chevron Interested in Burgas-Alexandroupolis Oil Pipeline
Sofia News Agency - Bulgaria
Bulgaria: US oil giant Chevron is interested in buying into the Burgas-Alexandroupolis crude pipeline, Bulgaria's Economy Ministry said on Tuesday. ...
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Oil edges up in line with recovering global stock markets UPDATE
FXstreet.com The Foreign Exchange Market - Barcelona,Spain
LONDON (AFX) - Oil edged up in line with recovering global stock markets, which helped erode some fears that recent equity weakness could soften oil demand. ...
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AFX Europe AM at a glance share guide - Shares fall, oil trade ...
FXstreet.com The Foreign Exchange Market - Barcelona,Spain
OIL: Oil prices settled lower on Friday on the back of the stock market slump and lingering worries regarding an economic slowdown. ...
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World Oil Outlook: Markets Tighten, Consumption To Increase
CattleNetwork.com - Stanley,KS,USA
World oil markets have tightened in recent weeks in response to a series of production cuts by members of OPEC, as well as the return of cold winter weather ...
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BP outgoing CEO's 2006 bonus slashed as oil spills, safety lapses ...
Fort Worth Star Telegram - Fort Worth,TX,USA
LONDON - BP PLC nearly halved the 2006 bonus for outgoing Chief Executive John Browne, as oil spills and safety lapses in the United States overshadowed ...
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Kazakhstan Eyes Building Oil Refinery In Georgia
CattleNetwork.com - Stanley,KS,USA
ALMATY, Kazakhstan (Dow Jones)--Kazakhstan is considering the construction of an oil refinery on Georgia's Black Sea coast, Kazakh President Nursultan ...
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Oil climbs as stocks recover
CNNMoney.com - USA
LONDON (Reuters) -- Oil prices gained Tuesday, drawing strength from a rise in global equities and on forecasts for a drop in gasoline inventories in the ...
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