Archive for the ‘News’ Category
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Motorola 4g Smartphone Review
Sunday, August 28th, 2011
A smartphone review of the Motorola Atrix 4G focuses on the unique features of this cutting edge smartphone. The phone actually has features of desktops, laptops and set top boxes squeezed into a tiny…
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Russia Oil Industry Rules May Cut Exports
Saturday, May 7th, 2011
Due to bureaucratic obstacles over pipeline access, the Russia oil industry risks a possible drop in crude oil exports, which are a key source of the country's budget revenues. The Energy Ministry…
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Natural Gas May Rise on Japanese LNG Demand
Thursday, May 5th, 2011
Natural gas futures gained in New York on below-average stockpiles and nuclear power generation that's near the lowest level in almost twelve years. Natural gas futures may rise on speculation tha…
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U.S. Might Tap Oil Reserves As Gasoline Price Surges
Monday, May 2nd, 2011
The U.S. government has said that it could tap its strategic oil reserves in order to safeguard economic growth as gasoline prices surge. While U.S. policy is to release oil reserves only in the event…
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Russia Oil Production Near Record Levels
Sunday, April 17th, 2011
Russia oil production remained near post-Soviet records in February, at 10.23 million barrels a day. Crude exports from the country have advanced 2% month-over-month as well. The Russian Prime Ministe…
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Russia’s Finance Minister says Oil Prices Will Ease in 2012
Sunday, April 17th, 2011
Alexei Kudrin, the Finance Minister of Russia stated that the price of oil shipments in the global market with start decreasing in 2012 as governments begin to withdraw stimulus measures. Russia's…
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Unrest in Middle East Expected to Increase Oil Prices
Sunday, April 17th, 2011
Bloomberg News Survey, based on the responses of 33 analysts, suggests that oil prices will increase as Saudi Arabia decreases oil production. 45% of the respondents forecasted that oil prices will ke…
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Russia Gas Ambitions in Southern Corridor
Friday, March 18th, 2011
EU Energy Commissioner Gunther Oettinger had publicly stated that the European community has no interest in blocking Russian plans to diversify the regional energy sector, but Europe and Russia are fi…
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Indian OMC’s Hopes In Despair, Oil Prices To Reach The Pinnacle
Wednesday, March 2nd, 2011
Indian Finance Minister Pranab Mukherjee refused to fix the exercise duties on the petroleum products leaving all Oil Manufacturing Companies (OMC's) in dismay. Consequently, oil prices are likely…
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U.S. Oil Industry to Oppose Decision to Limit Offshore Drilling
Friday, January 7th, 2011
The U.S. oil industry is not very pleased with the Obama administration's decision to limit offshore drilling along the American coast. The decision that followed last year's disastrous BP oil…