Hot News category

Hot news about energy include crude oil, gas and oil exploration also trading, market, data, chart, investment and prices of oil, natural gas, petroleum, energy from category hot news.

Asia Market, Oil Prices per Barrel Hovered as Europe Crisis and China Demand

Tuesday, May 24th, 2011

Asia showing that oil prices hovered above $98 a barrel as concern grew that Europe’s debt crisis is worsening and Chinese demand for crude showed signs of waning. Benchmark oil for July delivery was up 54 cents to $98.24 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. In [...]

PNOC Decide IPO Offering pending Review of Plan

Wednesday, May 18th, 2011

PNOC Exploration Corp said on Tuesday its board has decided to defer its additional public offering pending a review of the plan by state authorities. Philippine National Oil Co., the parent of PNOC Exploration, and the Energy and Finance departments need to review the share sale plan. On May 9, PNOC Exploration said it had [...]

Natural Gas Future Climb as Government Show US Stockpiles Increase

Friday, May 13th, 2011

Natural gas futures climbed for the second time in three days in New York after a government report that showed U.S. stockpiles increased less than expected last week prompted speculation that output growth may slow. Gas gained 0.3 percent after inventories rose 70 billion cubic feet in the week ended May 6 to 1.827 trillion [...]