Saturday, January 8, 2011

TOP NEWS PICK : JANUARY 8, 2011

Iran to Cut Heavy Crude Oil Prices for Asia After Saudi Arabia’s Reduction 


Greenland heating up 


Ethanol Exports Increase Dependence on Foreign Oil 


Brightoil banks on upstream 


Fugro set to enter Iraq 



Nearly one fifth of U.S. coal fleet to retire by 2020 




Exxon CEO disputes panel finding on BP spill cause 


INA announces fresh oil and gas well in Croatia 


Drilling Commenced at BNG Exploration Well 




PSA probes Ormen Lange gas leak 


Cairn primes Greenland spend 


Gillard's mining tax on its way, but battle still raging across several fronts 


BP investors shrug off US oil spill verdict 




BP oil spill failures highlighted by Obama report pose risk to the UK 


Iraq oil: Rising capacity 

EIU 



President Ahmadinejad has put into effect the first phase of his drive to eliminate subsidies 
EIU 


Statoil has planned 990 modification projects on the Norwegian continental shelf in 2011 




Gulfsands makes double hit in Twaiba-1 


New Tax Bill Supports Natural Gas Fuel 


How we can end Europe’s energy squeeze 


Shell hits record output from Changbei 


Blast rips through Horizon upgrader 


Devon expects bigger budget 


Murphy says dry wells cost $36m 


Crude falls on dollar gain 


Weaker dollar deletes crude oil price gain 


Pemex fires 45 employees following deadly pipeline accident 




Shale, unconventional activity pushes rig counts higher across North America 




Brazil mulls mining royalty hike, goes nuclear 


Crude oil prices settle session lower 
UPI 


Harper defends oil sand 


New EIA Report Indicates Fossil Fuel Dominance Through 2035 

WMM


Brittania-U buys out foreign partner for $30m
Businessday


No clarity about fiscal regime, no investment- NLNG Boss
Businessday

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