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Breaking News Fri, 25 Dec 2009
Russian President Dmitry Medvedev heads a meeting in the Gorky presidential residence outside Moscow on economic issues Thursday, Oct. 16, 2008.Analysts expect another volatile day for Russian stocks, after big falls on Wall Street and Asian markets and a plunging price for oil, that is the backbone of the Russian economy. Urals oil dropped below US$70 a barrel on Russian president assails backward state compaines

Syracuse  (AP) - MOSCOW - Russian President Dmitry Medvedev on Friday lashed out at the country's giant state corporations for failing to develop new technologies to help modernize the aging industries.... (photo: AP / RIA Novosti, Dmitry Astakhov, Presidential Press Service)
Mike Meyer fills a gas can at an Exxon gas station in a Marysville, Calif. file photo from April 27, 2006. Oil industry behemoth Exxon Mobil Corp. said its third-quarter earnings rose to $10.49 billion, the second-largest quarterly profit ever recorded by a publicly traded U.S. compa Echoes of Exxon Valdez Spill in Tug Mishap

CBS News  Vessel Working to Prevent Oil Spills in Alaska's Prince William Sound Runs Aground on Same Reef; Also Leaks Oil Font size Print E-mail Share 2 Comments The Exxon Valdez sits on Bligh Reef in Prince... (photo: AP / Max Whittaker, File)
 Viktor Zubkov, President Vladimir Putin´s choice for the prime minister´s post, looks on while speaking to the media in the lower house of parliament, the State Duma, Moscow, Thursday, Sept. 13, 2007. Zubkov said Thursday that he would not ru Gazprom's 2009 dividend likely to remain at 2008 level

RBC News       RBC, 25.12.2009, Moscow 13:32:15.Gazprom's dividend payments for 2009 are estimated to be at last year's level, First... (photo: AP Photo/Mikhail Metzel)
 Oil spill-sea-water-nature-environment (sl1) Tug Grounds on Same Reef as Exxon Valdez Tanker

ABC News By MARY PEMBERTON Associated Press Writer ANCHORAGE, Alaska December 25, 2009 (AP) The Associated Press The Pathfinder, a 136-foot tug, is surrounded by a spill containment boom Thursday, Dec. 24,... (photo: Public domain photo)
Top Stories
 exxon mobil - air pollution - climate - global warming cg1 Natural gas may be new fuel of choice

The Oklahoman An unlikely source of energy has emerged to meet international demands that the United States do more to fight global warming: It's cleaner than coal, cheaper than oil... (photo: David Anderson/Centre College )
A Chevron flag flies over the Chevron refinery Monday, April 21, 2008, in Richmond, Calif. Rising gasoline prices tightened the squeeze on drivers Monday, jumping to an average $3.50 a gallon at filling stations across the coun Judge strikes down Richmond tax on Chevron plant

Wtop MARTINEZ, Calif. (AP) - Chevron Corp. could be getting back millions of dollars from the San Francisco Bay area city of Richmond after a judge struck down a tax... (photo: AP / Ben Margot)
SINOPEC at night Hong Kong Challenging conditions may continue, says Sinopec

China Daily China Petrochemical Corp (Sinopec Group), Asia's largest refiner, expects business conditions to stay challenging next year as crude oil prices rise while fuel demand... (photo: Creative Commons / liangjinjian)
Energy gazprom Iraq initial deal to develop central oil field

Business Report   Submit your comment An Iraqi official says a business partnership led by Russia's Gazprom has signed an initial deal to develop a small oil field in central... (photo: Public Domain / theresa)
The oil-fired Power Station from the village The south of the Isle is an important industrial area. Until 1982 it was home to a major oil refinery. Construction of this facility for BP took from 1948 to 1952, and it suffered flooding almost immediately when the North Sea flood of 1953 breached the sea wall. Chilly Climate for Oil Refiners
The New York Times Only a few years ago, a cry went up that the United States needed more oil refineries. The perceived shortage was so acute that George W. Bush, president at the time,... (photo: Creative Commons / Clem Rutter)
Specialist Gregg Reilly works on the floor of the New York Stock Exchange, Monday, Feb. 23, 2009. Stock futures signal gains ahead of Xmas break

Yahoo Daily News (Reuters) – U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.22 percent, Dow Jones futures up 0.15... (photo: AP / Richard Drew)
In this photo provided by the U.S. Navy, Jim Poyner, senior engineer, Gun Weapons Branch, gives the Chief of Naval Operations, Admiral Gary Roughead, a tour of the Navy's Office of Naval Research electromagnetic railgun Electromagnetic surveys make a better map of the deep
Houston Chronicle Drilling for oil thousands of feet below the ocean floor will always involve a certain amount of risk. But an emerging method of mapping subsea formations aims to remove... (photo: AP / John F. Williams)
A Chevron gas station near Nederland, Texas is damaged by Hurricane Ike. Chevron agrees to $45 million settlement over claims it underpaid natural gas royalties
Hartford Courant WASHINGTON (AP) — Chevron Corp. will pay $45.5 million to resolve claims that it underpaid natural gas royalties to the government and Native Americans, the... (photo: Creative Commons / Junglecat)
 China National Petroleum Corporation is a state-owned fuel-producing corporation in the People´s Republic of China- business- am1 China, Venezuela sign oil development pacts

China Daily China National Offshore Oil Corp (CNOOC), the country's largest offshore oil producer, has signed an agreement to develop oil and gas resources in Venezuela, the latest... (photo: Public Domain)
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Electronic screens for Google and the Dow Jones Industrial Average are shown at the Nasdaq MarketSite on Tuesday,
Dow and S&P up slightly, oil jumps 3%
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An unidentified woman lays clothes out to dry on an oil pipeline running through the Okrika neighborhood of Port Harcourt in Nigeria's oil-rich delta region, in this Oct. 7 2006 file photo. Oil prices dropped nearly $2 a barrel, Tuesday, May 29, 2007 on hopes that the inauguration of a new president in OPEC member Nigeria would contribute to a stable supply from the Niger Delta region
Cautious OPEC opts not to hike oil output
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Refineries Offshore Companies
Oil Refinery. (ps1)
Oil refinery halts trial run again
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Venezuela's President Hugo Chavez gestures during the inauguration of the new state-run bank Banco Bicentenario at Miraflores presidential palace in Caracas, Monday, Dec. 21, 2009.
China, Venezuela Sign Oil Deal
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Natural Gas Petrochemicals
FILE - This July 26, 2009 file photo shows Alaska Gov. Sarah Palin waving goodbye to supporters after giving her resignation speech during a ceremony in Fairbanks, Alaska, where Palin turned over power to Lt. Gov. Sean Parnell.
Sarah Palin: Myth And Mythmaking
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 ExxonMobil, Exxonmobil, oil company. tp1
Exxon's drilling juggernaut
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