Chevron profit up slightly on rising oil prices – San Francisco Chronicle


Globe and Mail
Chevron profit up slightly on rising oil prices
San Francisco Chronicle
Rising oil prices during this year's first quarter helped Chevron Corp. overcome a dip in production, as the San Ramon company posted a $6.47 billion profit that narrowly beat last year's tally. Chevron's first-quarter profit, equal to $3.27 per share,
High Oil Price Boost Chevron Profits – Analyst BlogNASDAQ
Chevron reports profit up 4.2%Los Angeles Times
Chevron 1Q Net Up 4.2% Despite Production DropWall Street Journal
Houston Chronicle –WRCB-TV
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Knox gasoline prices edge lower, oil drops – Knoxville News Sentinel


Arab News
Knox gasoline prices edge lower, oil drops
Knoxville News Sentinel
Knoxville prices have dropped about 6 cents in the past week and are lower than a year ago when the average was $3.659, the auto club reported. Meanwhile, oil prices fell toward $104 a barrel Friday after Standard & Poor's lowered Spain's credit rating
Oil prices rise on Fed's brighter US outlookThe Associated Press
Official: Cheap oil is Iran's trump card to counter sanctionsTehran Times
Iran to Counter Oil Sanctions by Decreasing PricesLoanSafe
Seattle Post Intelligencer –Seeking Alpha
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Falling global rates: Up to Rs4.89 a litre slash in oil prices proposed – The Express Tribune


The Express Tribune
Falling global rates: Up to Rs4.89 a litre slash in oil prices proposed
The Express Tribune
By Zafar Bhutta The Oil and Gas Regulatory Authority (Ogra) on Friday moved a summary with the federal government to reduce oil prices by up to Rs4.89 a litre from May 1 in line with the decline in global oil prices. “However, the finance ministry may
Ogra recommends cut in petroleum pricesDAWN.com
Ogra recommends reducing POL rates by up to Rs 4.89/litreThe Nation, Pakistan

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PetroChina First-Quarter Profit Beats Forecasts – New York Times


AFP
PetroChina First-Quarter Profit Beats Forecasts
New York Times
HONG KONG — PetroChina's first-quarter profit rose unexpectedly after it increased oil and gas production, while earnings at the refiner China Petroleum & Chemical, or Sinopec, slumped on losses from selling fuels at state-controlled prices.
Sinopec 1Q profit sinks 35 percent as high crude costs, price controls squeeze Washington Post
Chinese oil giants hit by refining lossesAFP

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Oil Prices Rise On Fed’s Brighter US Outlook – TheStreet.com


AFP
Oil Prices Rise On Fed's Brighter US Outlook
TheStreet.com
By AP 04/25/12 – 06:45 PM EDT NEW YORK (AP) — Oil prices rose Wednesday after the Federal Reserve boosted its outlook for US economic growth. Benchmark West Texas Intermediate crude added 57 cents to end at $104.12 per barrel in New York.
Oil prices decline on growing supplyBusinessWeek
OIL FUTURES: Oil Little Changed As Market Digests Mixed NewsWall Street Journal
Oil Near One-Week High as Fed Sees US Economy GrowingBloomberg
AFP –Seeking Alpha
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BASF CEO doesn’t expect oil price to drop – MarketWatch


RTT News
BASF CEO doesn't expect oil price to drop
MarketWatch
By Heide Oberhauser-Aslan FRANKFURT -(MarketWatch)- German chemical company BASF SE doesn't expect oil prices to fall in the foreseeable future, Chief Executive Kurt Bock said Friday. BASF expects prices to remain high, and possibly even to rise,
Libya oil production boosts BASF profitGulf Daily News
BASF Management Discusses Interim Q1 2012 Results – Earnings Call TranscriptSeeking Alpha

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Athabasca Oil Sands Corp. Provides First Quarter 2012 Results and Operational … – Canada NewsWire (press release)


Canada NewsWire (press release)
Athabasca Oil Sands Corp. Provides First Quarter 2012 Results and Operational
Canada NewsWire (press release)
We are investing in infrastructure and proceeding with developments at Kaybob and Saxon/Placid. The stacked formations of the Montney, Duvernay and Nordegg already provide an extensive inventory of drilling locations that we expect will underpin

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EVTN To Exhibit At World’s Largest Offshore Oil Technology Event – MarketWatch (press release)

EVTN To Exhibit At World's Largest Offshore Oil Technology Event
MarketWatch (press release)
FORT LAUDERDALE, Fla., April 26, 2012 /PRNewswire via COMTEX/ — Enviro Voraxial Technology, Inc. (OBB:EVTN) announced today that the Company will demonstrate its Voraxial® Oil/Water Separator at the Offshore Technology Conference (OTC 2012) in Houston

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Ill. legislation regulating ‘fracking’ advances – Houston Chronicle

Ill. legislation regulating 'fracking' advances
Houston Chronicle
That technology involves using mixtures of water, sand and chemicals to free below-ground energy reserves. Photo: Orlin Wagner / AP FILE – In this Feb. 21, 2012, file photo, an oil field worker climbs stairs on a drilling rig near Medicine Lodge, Kan.,
Illlinois Senate OKs fracking regulation planThe State Journal-Register

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Forum Energy Technologies Reports 2012 First Quarter Net Income of $42.5 Million – MarketWatch (press release)

Forum Energy Technologies Reports 2012 First Quarter Net Income of $42.5 Million
MarketWatch (press release)
The Valve Solutions product line contributed to the segment's increased volume and operating margins due to the strength of the midstream valve market and the introduction of new products into the upstream oil and gas valve market.

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In Third Party Testing, OriginOil Technology Recovers 98% of Hydrocarbons in … – AltEnergyMag (press release)

In Third Party Testing, OriginOil Technology Recovers 98% of Hydrocarbons in
AltEnergyMag (press release)
Los Angeles, CA – 25 April, 2012 – OriginOil, Inc. (OTC/BB: OOIL), developer of a breakthrough technology to convert algae into renewable crude oil, announced today that in recent independent third-party testing OriginOil's algae harvesting process was

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Your Turn: Turning away from coal power would be a big mistake – The Union Leader


Canada Free Press
Your Turn: Turning away from coal power would be a big mistake
The Union Leader
Because the use of oil, natural gas and coal are expected to remain at that level well into the future, technologies need to be developed and demonstrated that reduce greenhouse-gas emissions linked to climate change. How can we cut emissions of carbon
China's coal conundrum: choking on solutionsNew Zealand Herald
The True Costs of Alternative Energy Sources: Are We Unfairly Penalizing Brookings Institution

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Oil rises above $104 as US boosts economy outlook – Austin American-Statesman


Press TV
Oil rises above $104 as US boosts economy outlook
Austin American-Statesman
As part of a technology change, commenting will not be available on some articles for a number of months. Read more about the change here. By ALEX KENNEDY The Associated Press SINGAPORE — Oil prices rose slightly above $104 a barrel Thursday in Asia
Obama Fought Oil And Lost; Now It's Back To RealityInvestor’s Business Daily
Global oil prices rise again on high demand predictionPress TV

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Oilfield cleanup bill passes the Louisiana House – BusinessWeek


NOLA.com
Oilfield cleanup bill passes the Louisiana House
BusinessWeek
By MELINDA DESLATTE The Louisiana House sided Wednesday with the oil and gas industry in an ongoing dispute with landowners and trial lawyers over how to clean up environmental damage done in drilling years ago. The proposal by Rep.
Capitol Views: Dueling 'legacy lawsuit' bills alive in SenateGreater Baton Rouge Business Report

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REFILE-Libya warns Agoco protest may affect oilfield work – Reuters


The Daily Star
REFILE-Libya warns Agoco protest may affect oilfield work
Reuters
(Refiles to remove repeated word in para 6) BENGHAZI, Libya, April 26 (Reuters) – Libya's deputy oil minister warned that a protest which has closed off the headquarters of the country's biggest oil company could affect work at its oilfields as
Libya warns Agoco protest may affect oilfield workMalaysia Star

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Oil hovers above $104 as US boosts economy outlook – Austin American-Statesman


Press TV
Oil hovers above $104 as US boosts economy outlook
Austin American-Statesman
As part of a technology change, commenting will not be available on some articles for a number of months. Read more about the change here. By ALEX KENNEDY The Associated Press SINGAPORE — Oil prices hovered above $104 a barrel Thursday in Asia after
Now Featured on GreenfaucetGreen Faucet Global Market Commentaries
Oil Prices & SupplyRealClearPolitics
Obama Fought Oil And Lost; Now It's Back To RealityInvestor’s Business Daily
Press TV
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State and EPA Battle Over Fracking, Flaming Well Water – Houston Press

State and EPA Battle Over Fracking, Flaming Well Water
Houston Press
A Texas Railroad commissioner called for the firing of EPA Regional Administrator Al Armendariz. Alisa Rich cruises backroads, armed with a camcorder, looking for oil-field leaks and spills. Sign up for the Weekly Newsletter: Our weekly feature stories
How One Man's Flaming Water Fired Up a Battle Between Texas and the EPADallas Observer

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