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Cameroon's CDC to boost rubber cultivation 5 Apr 2008 Energy Utilities Mining |
| The Cameroon Development Corporation (CDC), the West African country's main employer after the state, has launched a project to boost its rubber output by more than a third.
CDC General |
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ArcelorMittal sees coal price rising 150-200 pct 3 Apr 2008 Energy Utilities Mining |
| The price of coking coal, a key ingredient in steelmaking, is expected to rise by 150 percent to 200 percent, driving up steel prices further, the head of the world's largest steel manufacturer, |
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Oil Sheds 1 Percent on Saudi Comments 12 Feb 2007 Energy Utilities Mining |
| Oil tumbled more than 1 percent on Monday after Saudi Arabia's oil minister signaled satisfaction with market conditions and some Asian refiners reported a rise in anticipated Saudi supplies |
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Libya, Tunisia Step Up Links, Plan Oil Refinery 8 Jan 2007 Energy Utilities Mining |
| Libya and Tunisia are thinking of building an oil refinery and pipelines with the help of international investors as the North African neighbours step up economic cooperation, a Libyan official said |
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Moscow to Cut Flow of Cheap Oil to Belarus 13 Dec 2006 Energy Utilities Mining |
| Russian oil exports to Belarus will be heavily taxed from January 2007, the Russian government announced in a serious financial blow to the isolated regime of President Alexander Lukashenko.
A |
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OPEC Members Split on Production Cuts 13 Dec 2006 Energy Utilities Mining |
| OPEC price hawks are urging new production cutbacks, but other members are balking, signaling tough discussions ahead when oil ministers gather Thursday for their last price and policy meeting of the |
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Oil Prices Fall Below $62 a Barrel 11 Dec 2006 Energy Utilities Mining |
| Austria Oil prices fell Monday amid mixed signals from OPEC officials about the possibility of production cuts when the organization meets next week. Forecasts of warmer U.S. weather also depressed |
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Oil Prices Hover Around $62 a Barrel 5 Dec 2006 Energy Utilities Mining |
| Oil prices rose slightly in Tuesday as traders in Asia watched U.S. winter weather and anticipated further production cuts by OPEC.
Prices in the last week broke out of the $57 to $62 a barrel |
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Oil Market is Still Oversupplied- OPEC President 4 Dec 2006 Energy Utilities Mining |
| The global oil market is still oversupplied and prices could be higher despite a rally that has taken them above $60 a barrel, OPEC President Edmund Daukoru of Nigeria said on Monday.
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EU Official Urges Caution on Russia-Algeria Gas Deal 27 Nov 2006 Energy Utilities Mining |
| The European Union should be "on guard" about Gazprom's cooperation deal with Algeria's Sonatrach because it cannot take security of supply for granted, Energy Commissioner Andris |
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Oil Prices Stabilize on Talk of OPEC Cut 7 Nov 2006 Energy Utilities Mining |
| Oil prices stabilized Tuesday after climbing nearly a dollar on threats of violence in Nigeria and a suggestion that OPEC may need to further cut its output.
Light sweet crude for December |
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Oil Prices Slip on Doubts of OPEC Cuts 6 Nov 2006 Energy Utilities Mining |
| Oil prices slipped Monday after threats late last week of disruptions to production in Nigeria and the United States failed to materialize. Also, traders are doubtful about OPEC's ability to |
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Australia's Aim Gets Funding for Burkina Faso Mine 18 Oct 2006 Energy Utilities Mining |
| Australia's Aim Resources Ltd. said it had arranged $145 million in financing to develop a zinc mine in the West African nation of Burkina Faso, mostly from South Africa's Standard Bank. |
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Oil Prices Rise Slightly in Asia Trading 18 Oct 2006 Energy Utilities Mining |
| Oil prices edged up Wednesday ahead of the release of weekly U.S. petroleum supply data expected to show a decline in distillate stocks. Light, sweet crude for November delivery rose 17 cents to |
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Oil Prices Rise Ahead of OPEC Meeting 16 Oct 2006 Energy Utilities Mining |
| Oil prices rose Monday following a weekend announcement that OPEC would meet later this week to discuss production quotas, including the possibility of cutting output by 1 million barrels a day to |
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More Oil Discovered in Uganda 16 Oct 2006 Energy Utilities Mining |
| Tullow oil and Heritage Oil, partners in exploration area 3A, expect up to 500 million barrels of oil at the Kingfisher well in Hoima, Uganda. “Based on the success of the well to date, Tullow oil |
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Oil Rises Above $60 Amid OPEC 9 Oct 2006 Energy Utilities Mining |
| Oil prices rose Monday in Asian trading following reports the Organization of Petroleum Exporting Countries was set to trim its daily production of crude by 1 million barrels.
The market was |
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Angola's Oil Sector Boosted by US Investment 7 Oct 2006 Energy Utilities Mining |
| Two US companies linked to the oil and services sectors will invest, as from the end of this year, in the Angolan oil sector, in the ambit of the increase of North-American investment in Angola and |
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OPEC May Hold Emergency Meeting on Output Cut 6 Oct 2006 Energy Utilities Mining |
| OPEC President Edmund Daukoru has said that the international oil cartel might hold an emergency meeting to consider cutting production.
"We are toying with the possibility of having an |
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