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IOC Q3 net rises 41 pc to Rs 2,958.59 crore
New Delhi : Indian Oil Corporation, the nation's largest oil firm, on Friday reported a 41.5 per cent rise in its net profit to Rs 2,958.59 crore in the third quarter ended December 31, 2008.
topix.net

Murphy Oil`s Earnings Fall in 4Q
Murphy Oil Corp. reports a decline in fourth-quarter earnings of about $50 million.
topix.net

Cost-Conscious Occidental May Be On Right Path
Oil and gas company lowers capital spending to align with era of cheaper energy.
Forbes

SKorean firm says it cloned dogs using stem cells
A South Korean biotech company claimed Thursday to have cloned dogs using a stem cell technology for the first time in the world.Seoul-based RNL Bio said it created two black puppies this week using s...
bignewsnetwork.com

Calif. Rejects Bid For New Oil Drilling
The State Lands Commission has rejected a proposal that could have led to the first new oil drilling project off the California coast in 40 years.
CBS News

Housing and job numbers send oil prices down
Oil prices dropped as layoffs spread, orders for big-ticket manufactured goods evaporated and the U.S. homebuilding industry posted its worst annual sales in more than two decades.
Houston Chronicle

Tumbling crude drags down 4Q for oil majors
Oil's rapid decline to close out 2008 has stung major producers on both sides of the Atlantic, as Royal Dutch Shell on Thursday reported its first quarterly loss in a decade and Occidental Petroleum said its ...
topix.net

EERC Receives US $1M Produce Renewable Fuels
The Energy & Environmental Research Center (EERC) at the University of North Dakota announced a US $1 million project to evaluate renewable oil refining technologies for commercial production of diesel, jet and other fuels and chemicals made from North Dakota oilseed crops, such as crambe, at Tesoro's Mandan, North Dakota, oil refinery.
Renewable Engergy World

Omega-6 PUFAs and risk of cardiovascular disease
A new Science Advisory report from the American Heart Association recommends that omega-6 polyunsaturated fatty acids (PUFAs), as found in vegetable oils, nuts and seeds, are beneficial when part of a heart-healthy eating plan. 
Consumers should aim for at least 5-10 percent of energy (calories) from omega-6 PUFAs and will derive most benefit when omega-6 PUFAs replace saturated or trans fats in the diet.
Eurekalert.org

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