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  • Baltic Freight Rate Index; Sixth Daily Drop 15 Dec 2009 14:32 GMT
    ... 1:20 PM London – The Baltic Freight Rate Index continues to decline as the futures of crude oil price weaken further in London trading. The index has been on the decline from its ...

  • U.S. Dollar, Commodities and Emerging Market Trend Forecasts for 2010 15 Dec 2009 03:45 GMT
    ... be followed by Venezuela?) going bust with oil at US$80/bbl? Of course, the apparent squeeze ... to the kind of massive cheating on OPEC quotas that we witnessed in the 1980s? ... states risk being "sucked into a second debt-fuelled economic crisis" if their governments fail to ...

  • DGAP-News: Extraordinary shareholders" meeting of JSC Ventspi... 15 Dec 2009 15:21 GMT
    ... subsidiary individually. JSC Ventspils nafta Group is working in the following areas: transshipment of crude oil and petroleum products; transport of crude oil and petroleum products by pipelines; a shipping business. JSC ...

  • Texting More Than Doubles in the Last Year 15 Dec 2009 13:41 GMT
    ... sources -- The average price of crude oil rose from $67.94 per barrel in 2007 ... homeowners have switched from oil to natural gas to heat their homes. The states with ... use of renewable energy on the rise, fuel ethanol consumption has soared from 2 million ...

  • DGAP-News: Fortum, TVO and Maersk join forces to develop grou... 15 Dec 2009 08:57 GMT
    ... (TVO) have entered into co-operation with Maersk Oil and Maersk Tankers, part of the Danish ... CO2 storage in the depleting oil and gas fields of the Danish North Sea, as well ... years of experience with transportation of liquefied petrochemicals and natural gas, and in accordance with ...

  • Japanese Shipping Lines Fall, Property Developers Advance on Building Sale 15 Dec 2009 05:55 GMT
    ... lost 1.5 percent to 458 yen while Crude oil for January delivery declined for nine consecutive days, ... to 4,070 yen. , Japan’s largest energy exploration company, dropped 0.6 percent to 655,000 yen. ...

  • Cabinet in Japan Approves Budget; Shippers Fall 15 Dec 2009 14:32 GMT
    ... rates index for the third day in a row and energy stocks decreased as crude oil prices edged lower below $70 a barrel. Baltic Freight Rate Index in London has been on a decline since it reached ...

  • BA dives on strike news in spite of heavyweight support 15 Dec 2009 10:35 GMT
    ... showing from the miners on rising metal prices. was the second-biggest faller on the benchmark, ... that there is oversupply in the UK gas market which is keeping electricity prices weak. Meanwhile, ... to a takeover deal by News that oil titan ExxonMobil will buy XTO Energy in ...

  • Newly published market report: Venezuela Shipping Report Q4 2009 15 Dec 2009 06:32 GMT
    ... plunge in November 2008 that took the Baltic Dry Index to a nine-year low. Rumours ... storage rather than the actual transport of oil. It is in the climate of uncertainty ... our forecasts of the country's imports and exports to predict throughput trends for the next ...

  • New report, Ukraine Shipping Report Q1 2010, predicts steep drop in demand 15 Dec 2009 06:32 GMT
    ... plunge in November 2008 that took the Baltic Dry Index to a nine-year low. Rumours ... storage rather than the actual transport of oil. It is in the climate of uncertainty ... our forecasts of the country's imports and exports to predict throughput trends for the next ...

  • "Thailand Shipping Report Q4 2009" is now available at Fast Market Research 15 Dec 2009 06:32 GMT
    ... plunge in November 2008 that took the Baltic Dry Index to a nine-year low. Rumours ... storage rather than the actual transport of oil. It is in the climate of uncertainty ... our forecasts of the country's imports and exports to predict throughput trends for the next ...

  • Russian Pacific oil exports to rise in Jan 14 Dec 2009 16:33 GMT
    ... conquest * Kozmino may become Russia's No.3 oil port MOSCOW, Dec 14 - Russian oil exports ... eastern terminus of the East Siberian-Pacific Ocean pipeline, has been heralded by Russia as the window through which crude from virgin East Siberian oilfields will be ...

  • Finland eyes all pipeline options 14 Dec 2009 17:30 GMT
    ... ATHENS, Greece, Dec. 14 (UPI) -- Europe needs ... take advantage of all of its natural gas pipeline options in order to secure regional demands, ...

  • Gold Bounces Off 4-Week Low, But "Set to Struggle" as Eurozone Woes Weigh vs. Dollar 14 Dec 2009 14:53 GMT
    ... and options trading, commercial players (meaning miners, refineries and bullion wholesalers) also cut back their ... 9-week low to the Dollar beneath $1.4620. Crude oil meantime sank to new two-month lows beneath $69 ...

  • Gold Bounces off Four Week Low 14 Dec 2009 16:07 GMT
    ... and options trading, commercial players (meaning miners, refineries and bullion wholesalers) also cut back their ... 9-week low to the Dollar beneath $1.4620. Crude oil meantime sank to new two-month lows beneath $69 ...

  • Darkness is falling on Dubai's golden era 14 Dec 2009 03:11 GMT
    ... anything went bad, the emirate and its oil-rich neighbor, Abu Dhabi, would stand behind the ... the world's biggest real estate crash. Housing prices have fallen nearly 50 percent so far this ... so far this year, putting Dubai below Estonia for the biggest decline, according to a ...

  • With missed loan payment, Dubai's golden aura dims 14 Dec 2009 03:30 GMT
    ... anything went bad, the emirate and its oil-rich neighbor, Abu Dhabi, would stand behind the ... the world's biggest real estate crash. Housing prices have fallen nearly 50 percent so far this ... so far this year, putting Dubai below Estonia for the biggest decline, according to a ...

  • Dubai's golden era darkening 14 Dec 2009 04:00 GMT
    ... anything went bad, the emirate and its oil-rich neighbor, Abu Dhabi, would stand behind the ... the world's biggest real estate crash. Housing prices have fallen nearly 50 percent so far this ... so far this year, putting Dubai below Estonia for the biggest decline, according to a ...

  • Oil shale adds to energy mix 10 Dec 2009 11:10 GMT
    ... Oil shale has potential for supplying fuels for many decades, although numerous attempts during ... organic matter (kerogen) that yields liquid oil, gas, and water when heated either in situ ...

  • Foreign trade turnover of Latvia increased by 4.4% in October 10 Dec 2009 13:36 GMT
    ... ______________ ¹) This group includes useful minerals, oil and oil products, natural gas and electricity. In October 2009 the most significant ... the most significant share (68.3%) in Latvia’s export had export to the countries of European ...

  • Why Russia's Oil Fields Will Soon Be Crawling with Western Oil Companies 11 Dec 2009 20:40 GMT
    ... Kent Moors writes: Western oil majors are about to help Moscow solve ... leases, now acknowledge that the country's overall crude oil production could decline by more than ... came to take control of oil and gas production within the country, may be undone by ...

  • $22bn Arctic gas project delayed 9 Dec 2009 22:00 GMT
    ... an important investment by E.ON. The first gas shipments along the pipe, which will link ... gas liquefaction plant in Murmansk by 2014. Statoil and Gazprom signed a memorandum of understanding ... European utility customers over unsold volumes of fuel. Demand has fallen by almost 10 per ...

  • Odesa-Brody oil pipeline to be launched in designed regime - Yushchenko 11 Dec 2009 18:03 GMT
    ... Odesa-Brody oil pipeline to be launched in designed regime - ... In January 2008, the Azerbaijan oil and gas company Socar, the Georgian Oil and Gas Corporation ...

  • TMK Begin Shipping Longitudinally Welded Pipes for Baltic Pipeline System 11 Dec 2009 06:18 GMT
    ... leading manufacturers of steel pipes for the oil and gas sector, announces today that it began shipments of ... of the second phase of the Baltic Pipeline System (BTS-2). TMK will supply more than ...

  • Metso, Fortum, UPM, and VTT are jointly developing a clean energy alternative with domestic bio-oil 10 Dec 2009 05:30 GMT
    ... developing a clean energy alternative with domestic bio-oil Metso Coporation´s press release on November 30, ... produced. An alternative to heavy and light fuel oils, domestic bio-oil decreases the burden on the ... for example, for feeding a conventional oil refinery. The projects are subsidized by the EU ...


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