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.

Crude oil Decline as China Effort to Curb Bank Lending

Friday, May 13th, 2011

Crude oil decline as China’s efforts to curb bank lending added to concerns global economic growth will slow also Asian stocks and the Australian dollar. The dollar strengthened toward a six-week high versus the euro. The MSCI Asia Pacific sank 0.8 percent as of 12:50 p.m. in Tokyo, set for the lowest close since April [...]

Natural Gas Terminal Explosion near Egypt Border with Israel

Wednesday, April 27th, 2011

Natural gas terminal near Egypt’s border with Israel early on Wednesday has explosion, sending flames shooting into the air and forcing the shutdown of the country’s export pipeline, said security officials. It was the second incident in the past month on the al-Sabil terminal near the town of El-Arish just 30 miles (50 kilometers) from [...]

Regulate Offshore Drilling Remade After BP Macondo Blew Out

Monday, April 18th, 2011

After BP’s Macondo well blew out one year ago, killing 11 men and spewing millions of barrels of oil into the Gulf of Mexico, the much-maligned federal agency responsible for policing offshore drilling has been remade, with a tough new director, an awkward new name and a sheaf of stricter safety rules. It is also [...]