TSX rises on higher oil prices, Europe hope
Reuters via Yahoo! News Mon, 19 Dec 2011 06:42 AM PST
TORONTO (Reuters) - Toronto's main stock index was higher in early trade on Monday as energy issues got a boost from higher oil prices and the market turned more optimistic on the European debt crisis. The Toronto Stock Exchange's S&P/TSX composite index was up 31.48 points, or 0.3 percent, at 11,666.86 shortly after the open. (Reporting By Jon Cook; Editing by Peter Galloway) |
Fred Olsen Says No to Second Drillship Option
Rigzone Mon, 19 Dec 2011 06:42 AM PST
Reference is made to notice to Oslo Stock Exchange dated 17th October 2011 regarding an option for a second drillship at Hyundai Heavy Industries Co. Ltd. A wholly owned subsidiary of Fred. Olsen Energy ASA has decided not to declare the option for a second drillship. |
Torchlight to Farm Into Waller County Gas Play
Rigzone Mon, 19 Dec 2011 06:42 AM PST
by Torchlight Energy Resources, Inc. Torchlight Energy Resources announced Monday it has executed an LOI to farm into a gas and condensate prospect in Waller County, Texas. |
The Energy Report - Do you See what I See?
International Business Times Mon, 19 Dec 2011 06:40 AM PST
Said the Fitch to the market to beware, I think that we may down grade, I think that we may downgrade, European countries everywhere. I think that we may down grade, I think that we may downgrade. The Euro fell to another low and it hurt the silver and gold, it just tanked both silver and gold. |
Nigerian naira falls vs dlr on strong fx demand
Reuters via Yahoo! News Mon, 19 Dec 2011 06:40 AM PST
LAGOS (Reuters) - The Nigerian naira weakened against the U.S dollar on Monday as demand for foreign exchange remains unabated as the sales of $350 million by the state-run energy firm NNPC to some lenders on Friday failed to strengthen the market further. The currency closed at 162.30 to the dollar on the interbank market, weaker than the 161.70 to the dollar on Friday. ... |
Shell gets early nod for Alaska energy
UPI Mon, 19 Dec 2011 06:38 AM PST
WASHINGTON, Dec. 19 (UPI) -- U.S. regulators said that if Royal Dutch Shell can get the proper environmental approvals, it can start drilling in the Chukchi Sea off the coast of Alaska. |
Editor's Letter: What Will The Future Hold?
Renewable Energy World Mon, 19 Dec 2011 06:36 AM PST
Listening to a recent roundtable discussion among American utility executives, I was surprised to learn that most of them factor in the price of carbon when accounting for future energy costs. I thought that boat had passed in 2009 when the Cap and Trade bill was introduced in the House and then abandoned in favor of health care reform. |
Torchlight to Farm Into Gas Play in Waller County, Texas
PR Newswire Mon, 19 Dec 2011 06:35 AM PST
 HOUSTON, Dec. 19, 2011 /PRNewswire/ -- Torchlight Energy Resources, Inc. (OTCBB:TRCH - News) is pleased to announce to its shareholders that it has executed an LOI to farm into a gas and condensate prospect in Waller County, Texas. On 16 December Torchlight agreed to... |
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