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Petroleum Industry

A collection of news and information related to Petroleum Industry published by this site and its partners.

Top Petroleum Industry Articles

Displaying items 1-11
  • Gas Busters

    There's a secret weapon to fight the rising cost of gas. Look in the mirror. By Jim Gorzelany CTW Features No matter what kind of vehicle you own, the best way to minimize pain at the pump is to maximize your car's fuel efficiency. You can do this...
  • Confused About Going Green? You're Not Alone

    By Jim Gorzelany CTW Features With gasoline prices poised to reach record highs, many car shoppers are setting their sights on models that use electricity – either in part or as the sole means of propulsion – to help reduce their fuel costs....
  • How Gas Could Hit $6 a Gallon

    Fuel prices are ramping up faster than their usual summer gains, and there's a 20 percent chance that prices could spike to nearly $6 a gallon, industry research firm IHS says. "Only three percent of consumer budgets go to gasoline. That’s tiny,"...
  • U.S. housing turning the corner, inflation creeping up

    U.S. housing turning the corner, inflation creeping up
    WASHINGTON (Reuters) - U.S. home resales hit an eight month-high in June, suggesting the housing market was gradually regaining momentum and would help the economy to stay on a higher growth path this year. The third straight month of home sales gains,...
  • Maine town bans exports of oil sands crude from Canada

    The decision by a small coastal city in Maine to ban the export of crude oil from its harbor brought threats of lawsuits from the oil industry Tuesday and put South Portland on the front lines of a battle over development of Canada’s huge and...
  • Race for North Dakota's agriculture commissioner is all about oil

    TOWNER North Dakota (Reuters) - North Dakota's biggest oil producers have picked a side and put money into an obscure election for the state's agriculture commissioner, hoping to ward off a rising Democratic challenger who could limit development of new...
  • Yemen's al Qaeda wing seeks to set up 'emirate' in east

    ADEN/DUBAI (Reuters) - Yemen's al Qaeda wing has ordered men and women in the east to obey its strict interpretation of Islamic law, saying it aimed to set up an emirate in the remote area, local media and a resident said. The announcement by Al Qaeda in...
  • Argentine default in balance as government refuses to capitulate

    BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez's unflinching poker face in the battle against "holdout" investors suing the country is increasing the odds that her government will default for a second time in 12 years at the end of this...
  • U.S. consumer inflation rises on high gasoline prices

    U.S. consumer inflation rises on high gasoline prices
    WASHINGTON (Reuters) - U.S. consumer prices rose in June as the cost of gasoline surged, but the underlying trend remained consistent with a gradual build-up of inflationary pressures. The Labor Department said on Tuesday its Consumer Price Index...
  • UK council rejects Celtique Energie's fracking proposal

    LONDON (Reuters) - A plan by London-based oil and gas exploration firm Celtique Energie to drill for shale gas in southern England failed to win county government approval on Tuesday, the latest in a series of setbacks to Britain's fledgling shale...
  • Libya oil output slips, fresh fighting in Tripoli

    BENGHAZI Libya (Reuters) - A twin suicide bombing at a Libyan army base in Benghazi killed at least four solders in an escalation of clashes between Islamist militants and regular forces battling to oust them from the eastern city. A first attacker...