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CALGARY, ALBERTA (MARKET WIRE) TransAtlantic Petroleum Corp. (TSX: TNP) today reported the following (all results in U.S. dollars):

Reliant energy sold its northeastern retail electric business to Hess Corp., a move that will bring the company a step closer to a much-needed $650 million loan from Goldman Sachs.

Iran's OPEC governor, Mohammad Ali Khatibi, is calling on the oil cartel to cut production by a further 1 million to 1.5 million barrels per day when it meets in Cairo later this month.

The UAE's oil output is expected to drop to 2.43m barrels per day (bpd) in november, Gulf News has cited a report from the nternational energy Agency. The output reduction is seen in line with crude oil supply cuts that has been decided by Opec last month. According to the report, UAE's oil output has fallen to 2.55m bpd in October from 2.66m bpd in September due to offshore oilfield maintenance.

TEHRAN (Reuters) - Iran has converted financial reserves into gold to avoid future problems, an adviser to president Mahmoud Ahmadinejad said in comments published on Saturday, after the price of oil ...

Nissan Motor Co., Ltd. announced it will introduce its ultra-low precious metal catalyst on the new Cube*1, to be launched on Nov. 19. The breakthrough catalyst, a world's first, utilizes half the amount of precious metals compared with ...

Oil prices slumped Friday, despite signals from OPEC that it may cut production again, with the markets instead focused on recent reports showing cutbacks in spending and consumption.

Hong Kong/Tokyo (Platts) -- 18Nov2008 -- Chinese spot ADC12 aluminium alloy offer prices have been heard mostly higher this week while demand remained slow-moving, Asian sources told Platts Tuesday. In the domestic market, non-Sigma offers...