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Oil news and oil widget


Tuesday, December 02, 2008 ( change date )


Total to face trial over fuel depot explosion
The French oil multinational will be prosecuted along with four other companies for the blast that has already landed it with a compensation bill of up to £700m
FT Tuesday, December 02, 2008

Calif. jury clears Chevron in Nigeria rights case
A federal jury on Monday cleared Chevron Corp. of responsibility for any human rights abuses during a violent protest on a company oil platform in Nigeria a decade ago.
Houston Chronicle Tuesday, December 02, 2008

World Bank official says West selling Africa short
The World Bank’s vice president for the Africa region, Obiageli Ezekwesili, knows her name is so complicated most people won’t even attempt to pronounce it.
Houston Chronicle Tuesday, December 02, 2008

Green around the edges
Shell and Anglo American have become the latest natural resources companies to shelve a clean energy scheme
FT Tuesday, December 02, 2008

US hot-rolled coil down nearly 11% as price falls to $550/st EXW
New York (Platts) -- 2Dec2008 -- Flat-rolled steel prices in the US market declined across the board Tuesday as some limited buying activity resumed after the extended Thanksgiving Holiday weekend. The Platts reference price of hot-rolled...
platts.com Tuesday, December 02, 2008

Chevron may sell refineries as falling demand shrinks margins
An executive said low profit margins have hurt the refining sector, but declined to say which refineries might be on the block.
Houston Chronicle Tuesday, December 02, 2008

TNK-BP chief departs, ending management dispute
Robert Dudley resigned as chief executive officer of TNK-BP, the Russian venture of BP, after two groups of shareholders agreed to remove him to end a dispute over management at Russia’s third-largest oil company.
Houston Chronicle Tuesday, December 02, 2008

Economist: Texas oil, gas production down with economy
An economist says the decline is likely to continue, directly affecting state revenues from energy companies.
Houston Chronicle Tuesday, December 02, 2008

WA News chairman goes in board reshuffle
The chairman of West Australian Newspapers Holdings, Peter Mansell, has resigned as part of board changes announced today. Mr Mansell, Jenny Seabrook and Mel Ward have all stepped down, the company t...
bignewsnetwork.com Tuesday, December 02, 2008

Total considers bid for Nexen
French oil and gas group thrashing out details of a possible bid worth up to C$20bn for mid-sized Canadian
FT Tuesday, December 02, 2008

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