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A major ratings company lowered its rating on Mexico's debt Monday, in another blow for a country pummeled by falling oil production, a recession and drug violence. Fitch Ratings lowered its Mexico rating one level to BBB, two notches above junk, citing...
Tags: Fitch Cuts Mexico, Fitch Downgrades Mexico, Fitch Affirms Microsoft, Fitch Ratings, BBB, oil production, cut mexico, falling oil, Mexico, Mexico City, Dubai Bank, Technology Internet, Credit rating agencies, Fitch Group, Fitch, Business Finance, Debt, Mexican peso, Argentine peso, Peso, Comercial Mexicana, Hypermarkets, Felipe Calderᅢᄈn, Investment grade, Standard & Poor's, Finance
And that’s the case The Intelligent Investor’s resources analyst made recently. In this piece, and the two that will follow, I’ll take you through the key points of that argument, starting with the fashionable “peak oil” theory. In 1956 the delightfully...
Tags: peak oil, oil production, marginal cost, Hubbert, oil theory, oil price, Australia, Sydney, Economic theories, Futurology, M. King Hubbert, Price of petroleum, Hubbert peak theory, Environmental economics, Petroleum politics, Business Finance
The one thing depleting faster than oil is the credibility of those measuring it The challenge of feeding billions of people as fuel supplies fall is staggering. And yet leaders' heads remain stuck in the sand I don't know when global oil supplies will...
Tags: oil supply, International Energy Agency, IEA, oil production, global oil, Sweden, Uppsala, Environmental economics, Petroleum politics, Unconventional oil, Petroleum, Business Finance, Environment, Peak oil, Energy policy, Energy economics
The cost recovery mechanism allows funds spent by oil and gas operators to be reimbursed by the government after the production phase begins, as part of an incentive for investors to develop the country’s oil and gas sector. But, critics say the cost...
Tags: cost recovery, R. Priyono, oil production, Indonesia, Jakarta, Business Finance
The state budget sets the oil production target at 960,000 barrel oil per day (bopd), but, as of the end of October, oil production achieved was only at 948,670 bopd, BPMigas’s chairman R. Priyono told the House of Representatives Commission VII overseeing...
The Union petroleum minister, Mr Murli Deora, said on Wednesday that the country’s crude oil production is likely to jump by 11 per cent in the current financial year to touch the highest-ever mark of 36.7 million tonnes. This increase, Mr Deora said,...
Tags: million tonnes, crude oil, oil production
Chevron offset part of a sharp drop in energy prices in the last year by increasing its oil output and cutting costs during its third quarter...Yarrington, said two-thirds of the cost cuts were permanent and unrelated to fluctuating prices. She said Chevron...
Tags: Chevron Corp., thirds quarter, prices recovered, weak thirds, severe plunged, plunged earlier, largest oil, oil production
The Alberta firm that put “fire in the ground” oil production on the map with successful tests in a Athabasca bitumen deposit opened operations in Saskatchewan on Tuesday. Lloydminster into the Kerrobert, Sask. area, east of Hardisty — could help Petrobank...
Tags: oil production
The new international exchange hall will offer 40 kinds of oil products. "The inauguration of the hall will enhance Iran's strategic position in the region," Bourse Organization Chairman Ali Salehabadi said on Monday. Salehabadi, who is also the chairman...
Tags: Iran, oil production
Monday, October 19, 2009 Article Comments (2) more in Business » Email Printer Friendly Share: facebook ↓ More StumbleUpon Digg Twitter Yahoo! Buzz Fark Reddit LinkedIn del.icio.us MySpace Save This ↓ More Text By JAY...
Tags: bbc news, biodun iginla, china, obama administration, oil production, united arab emirates (uae)