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Iraq dangles bigger share of its crude to foreign companies, but will they bite? (ML-Iraq-Bidding-on-th)

2 hours ago ago from Oilweek Online

BAGHDAD _ It`s been a strained courtship between Iraq and oil companies jockeying for its untapped riches _ complicated by jitters about insecurity, lack of a legal rule book to govern investments and Baghdad`s tightfisted bargaining that turned last summer`s much-hyped bidding round into a failure.Even as the same security and political concerns remain unresolved, they appear ready to give it another go. For the companies, the prize is too ...

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H2oil 3 animated sequences

19 hours ago ago from nevertheless

I'm totally convinced since watching these animated sequences by Dale Hayward that people the world over are completely unaware of the amount of water that is required to make one barrel of oil! In the vast, pristine forests of Western Canada, the ‘war for water’ has already begun… "Thanks to Alberta’s Athabasca oil sands, Canada is now the biggest oil supplier to the United States. A controversial billion-dollar industry is heavily ...

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Neither Canada nor the world can afford growth of dirty oil : One Penny Sheet

22 hours ago ago from One Penny Sheet

OPS_admin | Dec 08, 2009 | Comments 0 Today in Copenhagen, the Harper government will walk into the UN climate summit not with the intention of transitioning Canada into a clean energy economy, but instead with the agenda of prolonging the oil industry frenzy in the tar sands in northern Alberta. It is crunch time to stabilize the climate so that our children inherit a safe world. Scientists tell us there is no more room in the ...

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Tarsands even worse than we think

9 hours ago ago from NIMONIK

A new study just released claims the government of Alberta and the oil sands industry is significantly under estimating the impact of operations on the local environment. Using samples from the ground and water around tar sands, the study demonstrates elevated levels of various heavy metals. The study is published in the PNAS, a subscription based scientific journal. It is becoming clearer by the day the vast environmental disaster that ...

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Hellenic Shipping News Worldwide

16 hours ago ago from Hellenic Shipping News Worldwide - Online Daily Newspaper on Hellenic and International Shipping

Free Newsletter Site Translation Rss Online - Contact Click here to make this your default homepage ...

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Iraq opens big slice of oil riches to outside bids

6 hours ago ago from Good News Now

BAGHDAD -It's been a strained courtship between Iraq and oil companies jockeying for its untapped riches complicated by jitters about insecurity, lack of a legal rule book to govern investments and Baghdad's tightfisted bargaining that turned last summer's much-hyped bidding round into a failure. Even as the same security and political concerns remain unresolved, they appear ready to give it another go. For the companies, the prize is too big ...

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AP Business NewsBrief at 1:11 p.m. EST

5 hours ago ago from FanHouse

Geithner: bailout program extended to October WASHINGTON (AP) Treasury Secretary Timothy Geithner told Congress Wednesday that the administration will extend the government's financial bailout program until next fall, saying it's needed to protect against fresh economic shocks. In a letter to House and Senate leaders, Geithner said the extension is "necessary to assist American families and stabilize financial markets." Stocks turn mixed as ...

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CRM Holdings, Ltd. Responds to the New York Attorney General

1 hour, 49 minutes ago ago from FanHouse

CRM Holdings, Ltd. (“CRM” or “the Company”) (Nasdaq: CRMH), a provider of a full range of products and services for the workers’ compensation insurance industry, today announced that it has received a “Notice of Imminent Enforcement Action” from the New York State Office of the Attorney General (“Attorney General”). According to the Notice, the Attorney General intends to file civil claims against the Company, certain of its subsidiaries, and ...

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The oil market's conflicting signals complicate OPEC's output choices

3 hours ago ago from DailyFinance

OPEC is facing a bit of a dilemma as it prepares for a production meeting later this month: Does it evaluate the oil market based on supply and demand fundamentals -- or on the current price? Oil traded late Wednesday afternoon down sharply, to around $70.75 per barrel, after falling on Tuesday. However, it's still up about 100% since this time last year. The consensus is that OPEC nations, which produce about 40% of the world's oil, won't ...

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ACT Clean Technologies, Inc., Formerly Known as Advanced Clean Technologies, Inc., Has New Ticker Symbol - ACLH

9 hours ago ago from FanHouse

ACT Clean Technologies, Inc. (Pink Sheets: ACLH), formerly known as Advanced Clean Technologies, Inc., announced today that effective today its new ticker symbol is ACLH. In addition, its new CUSIP number will be 00089J 102. ACT’s wholly owned subsidiary, American Petroleum Solutions, Inc. (APS) has a patented technology for enhanced oil reclamation and a clean-up process that has been used to complete projects for some of the largest oil and ...

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