China Raises Fuel Prices, Apache Admits They Are In M and A Mode

"China Raises Fuel Prices for First Time This Year After Gains for Crude"
China, the world’s second-biggest energy user, raised fuel prices for the first time this year to reflect the gain in global oil prices....Complete Story

"Apache CEO Says Company On The Prowl For Assets"
Independent oil and gas company Apache Corp is actively looking to buy assets, its CEO told a conference on Tuesday. "We are paddling through the water looking for things to buy," Steven Farris, the chief executive of Apache, told the 2009 Howard Weil Energy Conference....Complete Story

"Saudi Pledges To Sustain Oil Investments"
Saudi Aramco will soon sign a memorandum of understanding with Japan's Sumimoto Chemical Co. to develop a second stage of its $10 billion PetroRabigh petrochemicals complex, the head of the state-run Saudi oil giant said Monday....Complete Story