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Callon Petroleum Company Reports First Quarter 2009 Results of Operations

By Yahoo! Canada May 11th, 2009 - PERMALINK

NATCHEZ, Miss.--(BUSINESS WIRE)--Callon Petroleum Company (NYSE: CPE - News) today reported results of operations for the quarter ended March 31, 2009. First Quarter 2009 Net Income. For the quarter ended March 31, 2009, the company reported net income

Gas In Mass. Jumps 15 Cents

By The Boston Channel May 11th, 2009 - PERMALINK

BOSTON -- Gas prices in Massachusetts, driven by higher crude oil prices worldwide, surged 15 cents in the past week. AAA Southern New England reports Monday that a gallon of self-serve, regular unleaded climbed to an average of $2.18 per gallon. Even

BP Texas City Refinery Ultracracker Hits Snag

By Morningstar.com May 11th, 2009 - PERMALINK

HOUSTON -(Dow Jones)- BP PLC (BP) Texas City, Texas refinery's ultracracker hit a snag Monday, according to a state environmental filing. The snag caused flaring, according to the report. The refinery has a capacity of up to 467,720 barrels a day. -By

NASA and Reform, Oil and Vinegar?

By Aviation Week May 11th, 2009 - PERMALINK

The sort of fundamental industry reform necessary to keep both NASA and the U.S. space industry internationally competitive and economically efficient will not, I fear, be easily achieved. A decades-old business magazine carried an editorial that makes

TAG Oil Secures Operatorship of Taranaki Basin Exploration Permits

By PR Newswire May 11th, 2009 - PERMALINK

VANCOUVER, May 11 /PRNewswire-FirstCall/ - Oil and gas producer and explorer, TAG Oil Ltd. (TSX-V: TAO / OTCBB: TAOIF), advises that the Company has secured operatorship of Petroleum Exploration Permit ('PEP') PEP 38748 (TAG: 33.33%) and PEP 38746 (TAG:

BP Texas City ultracracker shut for work -sources

By Reuters UK May 11th, 2009 - PERMALINK

HOUSTON, May 11 (Reuters) - An ultracracker was shut on Monday at BP Plc's (BP.L A BP spokesman declined to discuss refinery operations. Repairs are planned on the ultracracker's cooling system, which malfunctioned on Monday morning, triggering the

Canadian Dollar Correlation to Crude Oil Futures Near Record-Highs

By Yahoo! Canada May 11th, 2009 - PERMALINK

The Canadian Dollars correlation to Crude Oil Futures prices has hit near record-highs, as the export-dependent countrys currency has regained its sensitivity to energy costs. The 20-day correlation between the USD/CAD and the front-month NYMEX Crude Oil

Oil and Stocks Trading Together

By Seeking Alpha May 11th, 2009 - PERMALINK

lf you've been following the markets on a daily basis over the last few months, chances are you've noticed that oil and stocks have been trading hand in hand together. When stocks have gone up on the day, oil has also gone up, and vice versa. Below is a

Jump-start is sought for natural gas vehicles

By Lexington Clipper-Herald May 11th, 2009 - PERMALINK

Backers of compressed natural gas want government incentives to boost use of the environmentally friendly alternative fuel. World-Herald News Service LINCOLN -- At Happy Cab headquarters in Omaha sits a rare 'green'' bird -- a 2008 Chevrolet Impala

house to have gas and electricity ’smart’ meter by 2020… but will homeowners have to foot the £9bn bill?

By Mail Online UK May 11th, 2009 - PERMALINK

Installing smart gas and electricity meters in every home in the country will cost the nation £9.3billion, it has been announced. The ambitious plan, expected to be completed by 2020, will allow power companies to read meters remotely and will mean the