Posts Tagged ‘gas and oil’

Gastar Exploration Limited (USA) (AMEX:GST) Was The Most Active On AMEX

July 3rd, 2009

Gastar Exploration Limited (USA) (AMEX:GST) was one of the top percentage gainer and surged 51.0% and closed at near to its highest point of the day at $0.58 on an unusual volume of 14.15 million shares. Today, Gastar Exploration Ltd. announced that it has entered into definitive agreements with Santos QNT Pty Ltd and Santos [...]

Budget plan cuts tax breaks for oil and gas industry

May 9th, 2009

WASHINGTON D.C.: President Barack Obama’s budget plan could have a major effect on oil and gas companies, cutting back on tax breaks and royalty relief for the industry.
The budget proposal will use a new excise tax on offshore oil and gas production in the Gulf of Mexico to close what the administration termed “loopholes that [...]

Gas prices rise as oil prices drop

January 18th, 2009

by SHANNON MULAIRE
FOX 13 NEWS
TAMPA — As little as Jennifer Johnson drives, she still appreciates that gas prices are lower than they used to be.
“It’s a huge change, but still it’s definitely going back up,” offers Johnson, who works from home.
Last July, we watched as oil hit an all-time high of more than $150 per [...]

Slovakia to restart nuclear plant

January 12th, 2009

BRUSSELS: Starved of gas following Russia’s dispute with Ukraine, Slovakia has announced plans to restart a Soviet-era nuclear reactor in defiance of the European Union, to the fury of one of its neighbors.
The decision, made late Saturday, is expected to provoke sharp criticism at a meeting of European energy ministers in Brussels on Monday, and [...]

Eastern Europe looks to nuclear revival to meet its power needs

October 30th, 2008

By Judy Dempsey
Published: October 29, 2008
BERLIN: From the Baltic to Bulgaria, governments in Eastern Europe are increasingly looking toward a revival of nuclear power generation to meet growing energy demand.
The renewed interest in nuclear energy in a region that has been under intense pressure from the European Union to close unsafe older-generation plants coincides with [...]

In Eastern Europe, a Nuclear Answer to Energy Dependence ENERGY

October 29th, 2008

From the Baltic to Bulgaria, governments in Eastern Europe are increasingly looking toward a revival of nuclear power generation to meet growing energy demand.
The renewed interest in nuclear energy in a region that has been under intense pressure from the European Union to close unsafe older- generation plants coincides with a lively debate in [...]

Heating bills: Will yours get bigger?

October 12th, 2008

Natural gas costs are expected to rise, while electricity bills will likely remain about the same.
By Yoshiaki Nohara
Herald Writer
Heating homes with natural gas is expected to cost about $83 more during the fall and winter heating season in Snohomish County than a year ago, while electricity users are unlikely to see any rate hikes.
Most people [...]

Eni Is Planning Oil and Gas Exploration in Papua New Guinea

October 8th, 2008

By Adam Freeman
Oct. 8 (Bloomberg) — Eni SpA is planning to explore for natural gas and oil in Papua New Guinea, as Italy’s biggest energy company seeks to boost reserves.
The Rome-based company could make “similar investments as Exxon” Mobil Corp. in the state, Prime Minister Michael Somare told reporters in Rome today. He was [...]

Michael Peltier: Oil ban lapse won’t affect Gulf, for now

September 29th, 2008

By MICHAEL PELTIER (Contact)
TALLAHASSEE — A decision by Congressional Democrats to allow a federal oil-drilling ban to expire this week may not immediately affect a moratorium on exploration off Florida’s Gulf coast, but the wisdom of that decision depends on with whom you speak.
Congressional Democratic leaders announced late last week they would allow a federal [...]