Monthly Archives: June 2009

Price Squabbles, Security Concerns Lead Oil Giants to Pass On Iraq Fields

BAGHDAD, June 29 — Iraq’s effort to woo foreign energy companies to help resurrect its ailing oil fields fell flat Tuesday, as most companies balked at the financial terms offered by the government despite the lure of the country’s vast reserves. Original post by Ernesto LondoÃ?±o, K.I. Ibrahim and Steven Mufson
Posted in Uncategorized | Comments closed

Nigerian Rebels Drive Up Oil Prices

A small group of insurgents in Nigeria’s oil-rich Niger Delta helped drive up oil prices around the world yesterday by announcing a strike against one of Royal Dutch Shell’s two main export terminals in the West African nation. Original post by Steven Mufson
Posted in Uncategorized | Comments closed

Iraq Set to Invite Bids From Foreign Oil Companies

BAGHDAD, June 27 — Iraq is poised to open its coveted oil fields to foreign companies this week for the first time in nearly four decades, a politically risky move in a country eager to shake off the stigma of occupation. Original post by Ernesto LondoÃ?±o and K.I. Ibrahim
Posted in Uncategorized | Comments closed

Oil Markets Stay Calm Despite Political Unrest in Iran

Over most of the past three years, the world trembled at the thought that a U.S. conflict with Iran might disrupt oil supplies. Oil traders and analysts have said that an “Iran premium” was probably adding anywhere from $2 to $15 a barrel to the price of crude oil. Original post by Steven Mufson
Posted in Uncategorized | Comments closed

Expansive Energy Bill Advances In Congress

A Senate energy bill was voted out of committee yesterday, but not before losing the support of two Democrats and a dozen leading environmental organizations. Original post by Steven Mufson
Posted in Uncategorized | Comments closed

Warren Brown’s Car Culture

Electric cars — all-electric, gas-electric hybrid, and plug-in electric extended range models — are becoming more popular. In some cases — the new Ford Fusion Hybrid mid-size sedan and the revised Honda Insight Hybrid are examples — they also are becoming more affordable, a welcome development that is bound to increase their appeal in the [...]
Posted in Uncategorized | Comments closed