Category Archives: Gas

ExxonMobil finalizes PNG LNG sales to TEPCO

By doris | Published: December 7, 2009

Full Story at Reuters.com TEPCO, Japan’s largest utility, has entered a binding agreement with project partners for the purchase of 1.8 million tonnes per year (mtpy) of liquefied natural gas (LNG) for a period of 20 years, Exxon said in a statement. The contracted volume includes the plant’s recently expanded output of 0.3 mtpy, which [...]

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Why cheap oil is here to stay

By doris | Published: December 4, 2009

Full Story atmoney.cnn.com NEW YORK (CNNMoney.com) — Because oil prices have always been directly related to the strength of the economy, a recovery might have seen headlines like these: • The recession ends: Get ready for $100 oil • The economy roars: $140 oil, is there an end in sight? • Everyone in China buys [...]

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$40M fuel theft from Army prompts global manhunt

By doris | Published: April 17, 2009

Full Story At ALEXANDRIA, Va. – A former Army contractor convicted of stealing $40 million worth of fuel from a military base in Iraq is helping authorities in a global search for other suspects in the case, according to court records. One suspect has already been arrested in the Philippines and now awaits indictment from [...]

Also posted in America, Arrested, Theft | Leave a comment

Refinery Workers Set To Go On Strike

By doris | Published: February 1, 2009

Full Story At CBS News AP) With a third contract offer rejected, some 24,000 refinery workers from the Gulf of Mexico to Montana prepared to head to the picket lines Saturday just hours before an existing labor agreement expires. The nation’s biggest refiner, Valero Energy Corp., said it would shut down some facilities if workers [...]

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