TOKYO (Reuters) – Oil headed lower for the first time in three days on Friday, after jumping nearly $6 in the past two days as the OPEC president called for more “severe” production cuts at its meeting next week.
By 0018 GMT (7:18 p.m. EST on Thursday evening), crude for January delivery traded down $1.15 at [...]

SINGAPORE (Reuters) – Oil rebounded by more than $1 a barrel to under $44 in light bargain hunting on Wednesday, after slumping 4 percent overnight on the back of lowered forecasts for U.S. energy demand and fears of a deepening global recession.
The market is looking ahead to producer cartel OPEC’s December 17 meeting, which is [...]

By Shigeru Sato and Yuji Okada
Dec. 8 (Bloomberg) — Crude oil rebounded from six days of declines as OPEC’s president said the group may make a “significant” output reduction and U.S. President-elect Barack Obama pledged the biggest public works program in about 50 years.
A “severe” cut may be needed to halt the more than [...]

By Will Kennedy
Dec. 4 (Bloomberg) — Nippon Oil Corp., Japan’s largest oil refiner, and Nippon Mining Holdings Inc. will merge next year, the Nikkei newspaper reported.
The tie-up, creating Japan’s fourth-largest company by sales, will be announced by the presidents of both companies later today, a version of the report published by Nikkei English News [...]

TOKYO (AFP) – Japan’s Sharp Corp. said Thursday it would team up with Italian utility Enel to develop solar power plants in the Mediterranean region, seeking to cash in on growing interest in clean energy.
The two firms will launch a joint venture early next year to develop photovoltaic power plants in Italy, Sharp said.
Sharp and [...]

By Sarah Thompson
Nov. 10 (Bloomberg) — U.K. stocks rose for a second day, led by energy producers, after China unveiled a $586 billion plan to stimulate the world’s biggest contributor to economic growth, and oil and copper prices rallied.
BP Plc, Europe’s second-largest oil company, and Rio Tinto Group, led the advance. British Airways Plc jumped [...]

WORLD oil prices neared $US70 a barrel in Asian trade today, extending gains after a cut in US interest rates powered a rally in global stock markets.
New York’s main contract, light sweet crude for December delivery surged $US2.14 to $US69.64 a a barrel. It had jumped $US4.77 to $US67.50 a barrel at the close [...]

By Yoshifumi Takemoto and Yasuro Komatsu
Oct. 28 (Bloomberg) — Mitsui Mining Co., coke supplier to Japan’s biggest steelmaker, is considering developing a mine in the northern part of the country, the first domestic coal project in 14 years.
“We will make a decision after watching the price movement and demand for coal,” President Kiyoaki Ogura said [...]

TOKYO & PARIS - (Business Wire) Toshiba Corporation announced today that a Toshiba-Westinghouse consortium has been awarded a ten-year contract worth over 100 million euros by Electricité de France (EDF), France’s electric power company, for the renewal of stator coils in the generators of more than ten nuclear power plants now operating in France. The [...]

By Mark Shenk and Samantha Zee
Oct. 22 (Bloomberg) — Crude oil fell for a second day after the U.S. dollar climbed to 20-month high against the euro, reducing the appeal of commodities as a hedge.
Investors looking for protection against the dollar’s decline earlier this year helped lead crude oil, gold, corn and gasoline to [...]