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Gas company to stay despite regulatory climate

Published December 4, 2008, 9:10 pm, The Williamsport Sun-Gazette

An official with Texas-based Chief Oil and Gas LLC Thursday said the company has no intention of pulling up stakes and leaving Pennsylvania, in spite of what she called a "challenging" regulatory climate. "We're very committed to Pennsylvania," Chief spokeswoman Kristi Gittins said. "We've got a significant investment there.

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Petroleum dealers' margin: government agrees to put lower cap at $90 per barrel

Published December 4, 2008, 3:50 pm, Business Recorder

ISLAMABAD (December 05 2008): The government on Thursday agreed to place a lower cap on petroleum dealers' margin at 90 dollars per barrel.

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(AFX UK Focus) 2008-12-04 20:38 FACTBOX-Global energy investment hit by financial crisis

Published December 4, 2008, 12:47 pm, Interactive Investor

Dec 4 (Reuters) - The growing financial crisis and plunging energy prices have forced companies to scale back spending and delay projects, with expensive ventures in the Canadian oil sands hardest hit. Below is a list of energy projects that have been delayed or scaled back in recent months, as well as other related news.

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Money Watch Report

Published December 4, 2008, 11:55 am, 12 FOX Mankato

The struggling economy has prompted some to dip into their retirement fund read more

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StatoilHydro shelves upgrader

Published December 4, 2008, 11:35 am, The Globe and Mail

CALGARY — Norwegian oil and gas firm StatoilHydro ASA has become the latest company to scale back its plans to develop Alberta's oil sands, as it has withdrawn an application to regulators to build a $4-billion upgrader.

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Education Center

Published December 4, 2008, 11:19 am, CattleNetwork.com

HOUSTON (Dow Jones)--Natural-gas futures dipped below $6 a million British thermal units Thursday following a U.S. government report showing a smaller-than-expected draw from natural gas storage and despite forecasts for cold weather.

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Turmoil complicates Wild Horse

Published December 4, 2008, 11:04 am, Havre Daily News

The Canadian agency that oversees operations on the U.S.-Canadian border says it is considering extending summer hours of operation at the Port of Wild Horse.

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Carbon Dioxide and Climate

Published December 4, 2008, 10:11 am, Scientific American

Editor's Note: We are posting this article from our July 1959 issue to offer an historical perspective on some of the issues being discussed at the United Nations Framework Climate Change Conference in Poznan, Poland, which began December 1 and runs through December 12. The theories that explain worldwide climate change are almost as varied as the weather. The more familiar ones attribute ...

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BLM defers contested leases

Published December 4, 2008, 10:01 am, Casper Star-Tribune

GREEN RIVER -- Federal officials have withdrawn most of the parcels in a popular recreation area near the Flaming Gorge Reservoir in southwest Wyoming that were to be offered in a competitive oil and gas sale today in Cheyenne.

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Canadian mergers and acquisitions strong in Q3 thanks to 'red-hot' July

Published December 4, 2008, 8:48 am, Canadian Business

TORONTO - Corporate merger and acquisition activity in Canada was surprisingly strong in the third quarter - but only because of a "red-hot" July,

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