New York

Results 481 - 490 of about 503 news for the tag: New York.

American Agip Company, Inc. Company Profile

July 5th, 2006

You might say that American Agip is as slick as a whistle. Formed in 1987, the subsidiary of Italian energy heavyweight Eni operates three major petrochemical businesses: the manufacturing and marketing of lubricants; the marketing and trading of MTBE and methanol; and the trading of refined petroleum products. American Agip supplies more than 11,000 bulk [...]

Canadian Stocks May Retreat as the Price of Crude Oil Declines

July 5th, 2006

Canadian stocks may fall, as oil and gas producers including Suncor Energy Inc. retreat alongside the price of crude oil.
Declines in the Standard & Poor’s/TSX Composite Index may be limited as financial companies such as Royal Bank of Canada may extend gains amid speculation the U.S. Federal Reserve may be close to ending its interest-rate [...]

Tapping Older Oil Fields for Profitable Leftovers

July 5th, 2006

Older oil fields, shunned by the giants of the industry, are turning into big business for a batch of smaller firms. NGP Energy Capital Management, ATP Oil & Gas and Whiting Petroleum are getting enough crude to fuel nine million cars a day from fields that BP and Exxon Mobil had given up for [...]

Gold hits one-month high on N.Korea missile test

July 5th, 2006

Gold climbed to a one-month high on Wednesday on safe-haven buying after North Korea test-launched several missiles, before a rise in the dollar pared gains.
Dealers said the market was expected to trade in a broad range, with the U.S. market re-opening on Wednesday after the Independence Day holiday this week.
“It (the missiles test) encouraged some [...]

Getty Petroleum Marketing Inc. Company Profile

July 4th, 2006

A remnant of J. Paul Getty’s oil empire, Getty Petroleum Marketing distributes motor and heating fuels. The company, which became a subsidiary of Russian oil giant LUKOIL in 2001, has more than 2,000 gas stations (some of which maintain convenience stores, auto repair centers, or car washes) in a dozen northeastern and mid-Atlantic US states. [...]

Oil surge as Americans hit the road

July 2nd, 2006

World oil prices climbed towards $US74 a barrel because of jitters over petrol supplies on the eve of a holiday weekend in the United States.
New York’s main contract, light sweet crude for delivery in August, climbed US41c to close at $US73.93 per barrel on Friday. The contract earlier hit $US74.15 - the highest point since [...]

House Passes Bill Ending Ban On Offshore Oil and Gas Drilling

June 30th, 2006

The House, voting 232-187, yesterday approved a bill to end a 25-year-old moratorium on offshore oil and gas drilling. The vote came even after the White House surprised the bill’s supporters by estimating that the measure’s royalty terms would divert “several hundred billion dollars” away from the federal treasury over the next 60 years.
Amid high [...]

Nickel merger is a mining disaster

June 27th, 2006

What started last fall as a straightforward merger between Sudbury’s two long-time nickel producers threatens to become a sell-off to U.S. interests of a huge chunk of Canada’s mining industry — one of our few industries in which Canadians still call most of the shots.
The proposed $40 billion (U.S.) mega-merger announced yesterday among the Canadian [...]

Oil prices rise on back of gasoline rally

June 27th, 2006

Crude-oil futures rose Monday on the heels of a rally in gasoline that brokers attributed to a shipping snag along the U.S. Gulf Coast that was having some impact on refinery operations.
The Coast Guard said Sunday that only limited tug and barge traffic had resumed through the Calcasieu Ship Channel, which had been off limits [...]

U.K. Mining Stocks Rise, Led by BHP Billiton; Cadbury Drops

June 26th, 2006

U.K. mining stocks rose, led by BHP Billiton and Anglo American Plc as metal prices increased.
Shares of Cadbury-Schweppes Plc dropped after the U.K. Food Standards Agency said it will probe why the company took six months to report traces of salmonella in some of its chocolate.
The FTSE 100 Index added 7.10, or 0.1 percent, to [...]