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BP drills deepest-ever oil well in Gulf of Mexico
A sign advertises the price of gas at a BP Service Station on September 27, 2006 in Jackson, Missouri.
Topix.net Thursday, September 03, 2009

BP's oil find is big, but miles out and down
A major new oil discovery by BP in the Gulf of Mexico underscores the potential of a highly touted deep-water area where other oil companies also scored big in recent years, but the task of producing the crude has just begun.
Houston Chronicle Thursday, September 03, 2009

Constellation Energy repays $500M, 6.125 pct bond
Constellation Energy Group Inc. on Wednesday said it repaid a $500 million, 6.125 fixed-rate bond without refinancing, as part of its plan to improve liquidity and strengthen its balance sheet.
Topix.net Thursday, September 03, 2009

Area's utility bills lead highest-priced list
Houstonians had some of the highest utility bills in the country in July, due largely to soaring electricity use during the summer months, according to a monthly data kept by the online shopping service WhiteFence.com.
Houston Chronicle Thursday, September 03, 2009

BP's oil find is big, but miles out and down in Gulf
A major new oil discovery by BP in the Gulf of Mexico underscores the potential of a highly touted deep-water area where other oil companies also scored big in recent years, but the task of producing the crude has just begun.
Houston Chronicle Thursday, September 03, 2009

Iraq August oil exports down
Iraq?s average oil exports in August reached just over two million barrels per day, slightly down on the July average. The average price for Iraqi crude in August was $68.80 per barrel.
AME Thursday, September 03, 2009

KPC increases butane prices
Kuwait Petroleum (KPC) has raised its September price for propane and butane to $565 and $595 per metric tonne respectively. Last month, propane and butane were priced at $490 and $520 per metric tonne, respectively.
AME Thursday, September 03, 2009

Companies doing more to cut energy use in office
Technology decision makers say they could cut energy use and costs an average of 17 percent each year -- or $1.5 million in a typical large organization -- if they capture all available efficiency opportunities, according to a report from CDW Corp.
Biz Journal Thursday, September 03, 2009

Aramco and Dow cut Ras Tanura JV costs
Saudi Aramco and Dow Chemical expect to save some $4bn on their joint petrochemical complex, as slowing economic activity cuts project costs, Reuters has reported. The project at the Saudi energy hub of Ras Tanura is two years behind the initial schedule. The two firms are expected to make an investment decision on the project next year in the third quarter of 2010.
AME Thursday, September 03, 2009

Stock markets flat as U.S. employment data raises economic worries
The Toronto stock market was slightly higher Wednesday morning due in large part to a surge in gold stocks but overall investor sentiment was weak following a worse-than-expected forecast of August job losses in the United States.
Topix.net Thursday, September 03, 2009

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