OPEC chief calls for climate talks compensation
ArabianBusiness.com (Free subscription) | 13 hours ago
Poorer oil-producers should get financial aid if Copenhagen talks agree to cut use - Badri.
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Organization of Petroleum-Exporting Countries
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Opec wants compensation if climate deal cuts oil use
Times Online (Free subscription) | yesterday
The chief of the Opec oil cartel said that oil-producing countries should be compensated for lost revenues if UN climate talks in Copenhagen next month reach a deal that cuts the use of oil.
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But we should treat MSNBC as a News Organization
The Clue Batting Cage (Free subscription) | 20/11/2009
If Fox News is an "arm of the Republican party", then what do you call this? Here we have the quite lovely but obviously just as biased Nora O'Donnell, whom Chris Matthews refers to as a "hard news" reporter, telling us that the crowd "has a connection" to Sarah Palin, "and I think it's an emotional one." Sounds like opinion to me, however much truth there may...
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Get Snake-Bit for $22,995! [Nice Price Or Crack Pipe]
Jalopnik (Free subscription) | 20/11/2009
There once was an english white viper, that wasn't going to get any riper. Nice Price or Crack Pipe wonders if you should pluck it, or instead should you just walk away and say. . . Okay, let's all get together here and have a group hug over the '86 Eagle from yesterday. Rarely comes along a car, at such a price, that generates such unanimity among the Nice Pricians and Crack Piperarians, but this...
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15 people worth watching in Copenhagen (a slideshow!)
Gristmill (Free subscription) | 20/11/2009
by Jonathan Hiskes So who will be the real power players in Copenhagen? The official estimate for official delegates attending the U.N. climate conference hovers somewhere around a gajillion. OK, seriously, it’s a mere 20,000. Then there are thousands of activists, journalists, business leaders, and NGO reps who will be seeking the delegates’ ears. Here are 15 people worth watching—ones...
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OPEC may hike output, says Lukman
turenchi (Free subscription) | 20/11/2009
OPEC could decide to raise oil output slightly at its ministerial meeting next month if there were to be a substantial rise both in oil demand and prices, Nigeria's oil minister, Rilwanu Lukman, said on Thursday.
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Has the Bubble Finally Burst?
NigerianMuse Articles (Free subscription) | 19/11/2009
Much has been said about the ‘global recession (an expression that now seems to be a catch all phrase for an economic downturn). Various explanations have been headlined for this phenomenon- suffice to say none fully engaged my probing mind. Economic jargons used merely sensitised my antennae to identify the underlying ‘untruth. Shrinkage of the economy (recently announced in Britain-...
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UPDATE 1-OPEC may hike output if price, demand jump-Nigeria
turenchi (Free subscription) | 19/11/2009
* Move would hinge on material rise in demand and prices
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No output quota changes at OPEC meet - Qatar oil min
ArabianBusiness.com (Free subscription) | 19/11/2009
Organisation of the Petroleum Exporting Countries will meet in Angola on Dec 22.
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Bull and bear analysis for crude oil
Cara Community - Comments (Free subscription) | 18/11/2009
In reply to Blog for November 18, 2009 : December crude oil prices this morning are trading up +90 cents a barrel and Dec gasoline is trading +2.89 cents a gallon. Dec crude yesterday gyrated on both sides of unchanged throughout the day before they finally closed up +$0.24 a barrel. Dec gasoline yesterday closed up +1.81 cents a gallon. Bullish factors included (1) the prediction from Goldman Sachs...
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Is oil about to have a physical reality check?
Climateer Investing (Free subscription) | 18/11/2009
From FT Alphaville: BNP Paribas’ Harry Tchilinguirian has put out a very interesting oil note on Wednesday. First, the bank has revised its fourth quarter 2009 WTI price forecast to $77 per barrel versus $66 per barrel previously, due to ongoing USD weakness and low interest rates. Second, the bank believes the market will soon be forced to price in the weak fundamental picture it’s so...
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Parliament Endorses $10 Million Opec Loan
All Africa (Free subscription) | 18/11/2009
Parliament on Monday approved government's request of a $10m loan from the OPEC Fund for International Development to extend reliable and affordable electricity to areas of Kigali and the western Province.
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OPEC Ramps Up Pumping Ability
Law Blog - WSJ.com (Free subscription) | 17/11/2009
Energy forecasters increasingly predict slowing growth in global oil demand in the years ahead, but some OPEC nations are heading in the opposite direction and ramping up their capacity to pump oil.
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Nuclear power may not be the answer
David Kirkpatrick (Free subscription) | 17/11/2009
And the reason might really surprise you — we’re running out of uranium. There’s a lot of talk about building new nuke plants — an idea I like — to help wean the west off of OPEC, et. al. What may come as a shock to many is uranium, the power source for nuclear plants, [...]
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Kuwaiti oil minister says OPEC not to change output in next meeting
People Daily (Free subscription) | 17/11/2009
Kuwaiti Oil Minister Sheikh Ahmad Al-Abdullah Al-Sabah said Tuesday the Organization of Petroleum Exporting Countries (OPEC) will not change output in its December meeting. The minister described as reasonable the current oil prices that range between 75-80 U.S. dollars per barrel. He said the oil prices for 2010 would be determined by the global economic situation and called for OPEC members' commitment...
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