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Connecticut, where more than half of all households use heating oil to keep warm, could bear the brunt of a broad climate change bill approved by the U.S. House of Representatives last month, according to a national petroleum industry group.
Oil prices plunged nearly $3 to below $64 a barrel Monday as dismal unemployment figures from the U.S. and Europe last week sparked investor doubts about any nascent economic recovery.
A new study by IBM of midsize organizations in 17 countries shows that companies have not been deterred from their plans for strategic IT initiatives, which range from information management and security management to social media and cloud computing -- despite a clear recognition of the need to cut costs in a difficult economy.
July 6 (Bloomberg) -- Wachtell, Lipton, Rosen & Katz , the most-profitable U.S. law firm, was the top legal adviser on mergers and acquisitions for the first half of 2009 after advising on deals worth double those it did a year ago.
PATTERSON-UTI ENERGY, INC. today reported that for the month of June 2009, the Company had an average of 60 drilling rigs operating, including 58 rigs in the U.S. and 2 rigs in Canada.
By midday in Europe, benchmark crude for August delivery fell $2.97 to $63.76 a barrel in electronic trading on the New York Mercantile Exchange. It last settled on Thursday at $66.73.
July 6 (Bloomberg) -- European Union carbon dioxide permits declined for a fifth consecutive session as oil prices dropped. EU carbon allowances for December fell 18 cents, or 1.4 percent, to 12.85 euros ($17.87) a metric ton as of 10:55 a.m. on the European Climate Exchange in London.
NEW DELHI, July 6 (Reuters) - India, Asia's third-largest oil consumer, outlined plans in Monday's national budget to pull domestic fuel rates into line with global prices and waived tax on natural gas production to spur investment in exploration. Finance Minister Pranab Mukherjee said the government would form an expert group to decide on a viable fuel pricing system in an announcement just ...
U.S. Rep. John Salazar voted against the American Clean Energy Security Act
Next weekend, Memorial Day kicks off the grilling season. It's time for dusty grills and barbecue skills to re-emerge with thoughts of fire and succulent fare. Finding something to grill is usually easy. Choosing a liquid refreshment to take on and enhance...
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