"Crude Oil Rises on Speculation Economic Stimulus Plan Will Revive Demand"
Crude oil rose the most in two weeks on speculation that a U.S. stimulus plan will revive demand in the world’s largest energy consuming country....Complete Story
"Oil Sands Explorer UTS Energy Rejects Total's $506 Million Takeover Offer"
UTS Energy Corp.’s board said Total SA’s C$617 million ($506 million) offer for the Canadian oil sands explorer is inadequate and recommended shareholders reject the bid by Europe’s third largest petroleum company....Complete Story
"Saudi Arabia Keeps China Oil Cos at Arm's Length"
Despite burgeoning trade between China and Saudi Arabia, progress is slow for China's biggest oil and gas companies in securing equity stakes in Saudi's oil and natural gas fields....Complete Story
"OPEC Shelves 35 Oil Projects, Warns of Falling Investment"
OPEC nations have collectively postponed 35 oil drilling projects that had been in various stages of development a sign that the cartel is starting to feel the impact of low crude prices....Complete Story
"Nigerian Oil Workers Strike over Attacks, Kidnappings"
Oil workers in Nigeria's oil-producing Niger Delta went on strike Monday to complain about a lack of protection from militant groups who attack oil facilities and kidnap workers....Complete Story
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