Chemical News

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• Oil drops 1 pct, consumer confidence weighs (Mar 15,2010)
  March 15 - Oil slipped more than 1 percent toward $81 a barrel on Friday, as data showing a drop in U.S. consumer confidence reignited investor concerns about energy demand in the world's largest oil consumer. The front-month U.S. crude fell 87 cents to settle at $81.24, mark...>>>

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• Alberta backtracks on oil and gas royalties (Mar 12,2010)
  March 11 - The government of Alberta said on Thursday it will cut oil and gas royalties in an about-face after nearly three years of bitter complaints from the energy sector and sinking political fortunes for the ruling party. The government of Premier Ed Stelmach said the ch...>>>

• OPEC to urge compliance, keep output target steady (Mar 16,2010)

March 16 - OPEC ministers due to arrive here for their meeting on March 17 say there is no need to change output targets with oil prices above their preferred range, but soft demand is prompting calls to cu...>>>

• Consol to buy Dominion gas assets for $3.48 bln (Mar 16,2010)

NEW YORK, March 15 - Consol Energy Inc (CNX.N) agreed to buy Dominion Resources Inc's (D.N) Appalachian natural gas properties for $3.48 billion in cash, giving Consol a leading position in the growing Marc...>>>

• Coal, energy companies weigh as oil retreats (Mar 16,2010)

NEW YORK, March 15 - Mid- and small cap stocks fell on Monday as a drop in oil prices hurt commodity and energy-related companies. The overall mood was bearish as investors fretted about a potential credit ...>>>

• U.S.-based Patriot sells steel coal to Asia (Mar 16,2010)

HOUSTON, March 15 - Patriot Coal Corp (PCX.N) announced Monday it has reached agreement to sell steel-making coal into Asia, the latest indicator of a surge of high-grade U.S. coal to the Far East. The deal...>>>

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