News archive for March, 2008

Results 91 - 100 of about 154 news for the month of March, 2008.

Thunderbird brings oil & gas program to the Middle East

March 17th, 2008

The program, which will be held in Dubai from 10 to 15 May 2008, is the first time it will be offered in the region.
The program uses current oil and gas industry examples to examine how management strategies and styles have changed as companies and workforces become more global and diverse.
With dramatic changes currently occurring [...]

Challenger sells Northern Gas interests

March 17th, 2008

Takeover target Challenger Infrastructure Fund (CIF) will book a profit of about $26 million from the sale of its interest in Britain’s Northern Gas Networks Ltd (NGN) to RREEF Alternative Investments.
RREEF Alternative Investments, the global alternative investment management business of Deutsche Bank, bought CIF’s 5.8 per cent stake in NGN for STG 48.8 million ($A105.1 [...]

Gazprom sees price hike for gas exports to Europe

March 17th, 2008

The price of Russian gas for European customers could rise as high as 400 dollars (257 euros) per 1,000 cubic metres by the end of 2008, the head of state-run Gazprom was quoted as saying on Friday.
Russian news agencies quoted Gazprom chief executive Alexei Miller as saying the falling dollar and rising demand for gas [...]

Venezuela opts for oil contracts in euros

March 17th, 2008

Venezuelan state oil giant PDVSA has decided to sign some oil contracts in euros in the face of a plummeting dollar, local media reported, citing officials.
“There are some contracts in euros, contracts for crude, products and spot markets in euros. This is a subject which we are working on,” said energy minister and Petroleos de [...]

Shell to slash oil reserve figures for 2007

March 17th, 2008

Anglo-Dutch oil giant Shell is to cut its reserve figures for 2007, taking about 1.3 billion barrels off its books or the equivalent of nearly one year’s production, The Observer said Sunday.
The weekly newspaper said the company would announce the writedown of at least 200 million barrels off the estimates for its operations in [...]

EXPERTS PROMOTE ELECTRIC BICYCLES AT THE TAIPEI CYCLE SHOW

March 17th, 2008

With the rising price of oil, bicycle manufacturers are jumping on the electric bicycle bandwagon, exhibiting e-bikes and an e-bike test track at the Taipei International Cycle Show in Taipei this week to promote the use of the battery-powered bikes.
The biggest bicycle show in Asia and third biggest in the world is also organizing [...]

BANGLADESH GOVT WITHDRAWS IMPORT DUTY ON EDIBLE OIL

March 17th, 2008

Finance Adviser Dr Mirza Azizul Islam Sunday said the government has decided to withdraw customs duty on import of edible oil considering its soaring prices.
The National Board of Revenue would issue a circular in this regard within a day or two, he told reporters at a briefing at his Planning Ministry office.
NBR chairman Muhammed Abdul [...]

Stocks plunge, oil soars in market turmoil

March 17th, 2008

World markets saw another day of turmoil and investor jitters Monday as Asian shares plunged, oil hit a fresh high and the dollar fell to a new bottom after the near-collapse of US bank Bear Stearns.
Dealers said an emergency cut by the US Federal Reserve to its discount rate and a weekend deal for JPMorgan [...]

Learning the ins, outs of oil and gas

March 17th, 2008

San Juan County residents who are curious about how oil and natural gas are produced can attend a class at San Juan College’s School of Energy.
The class, “The Oil and Gas Industry: An Introduction Story,” will explain the process in easily understood language.
“I start with geology and end up with capping the well,” said course [...]

Bounty Oil & Gas Trading Halted, Pending Company Announcement

March 17th, 2008

The securities of Bounty Oil & Gas will be placed in pre-open at the request of the company until the earlier of the commencement of normal trading on Wednesday, 19 March 2008 or when the announcement is released to the market.
Original Announcement: Trading Halt