International Business News - Reserves http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif South Korea's foreign currency reserves shrank further in November amid the global credit crunch, the central bank said Wednesday, though by a smaller margin than the previous month's record decline. http://www.ibtimes.com/articles/20081202/koreas-foreign-reserves-fall-again-in-november.htm Tue, 02 Dec 2008 17:48:26 EST Independent oil and gas operator Legacy Reserves LP said Friday that two banks committed to increase commitments under the company's credit facility to $410 million from $383.76 million. http://www.ibtimes.com/articles/20081121/legacy-reserves-says-it-increased-credit-facility.htm Fri, 21 Nov 2008 12:25:05 EST The Energy Department will likely report a 1.2 million barrel jump in crude oil reserves on Thursday for the week ended Nov. 14, according to a survey by Platts, the energy information arm of McGraw-Hill Cos. http://www.ibtimes.com/articles/20081119/ahead-of-the-bell-analysts-see-oil-reserve-jump.htm Wed, 19 Nov 2008 06:16:25 EST The Energy Department will likely report a 1.1 million barrel jump in crude oil reserves on Thursday for the week ended Nov. 7, according to a survey by Platts, the energy information arm of McGraw-Hill Cos. http://www.ibtimes.com/articles/20081112/ahead-of-the-bell-analysts-see-oil-reserve-boost.htm Wed, 12 Nov 2008 06:45:59 EST The U.S. boosted its proved oil reserves last year for the first time since 2007, in part thanks to new discoveries in Alaska. The U.S. Energy Information Administration says domestic proved oil reserves grew by 2 percent while natural gas reserves increased 13 percent over the previous year. http://www.ibtimes.com/articles/20081105/energy-report-alaska-helps-us-boost-reserves.htm Wed, 05 Nov 2008 16:07:35 EST The Energy Department will likely report a 500,000 barrel jump in crude oil reserves on Thursday for the week ended Oct. 31, according to a survey by Platts, the energy information arm of McGraw-Hill Cos. http://www.ibtimes.com/articles/20081105/ahead-of-the-bell-analysts-see-oil-reserve-boost.htm Wed, 05 Nov 2008 06:11:30 EST South Korea's foreign currency reserves tumbled in October by the largest amount ever, the Bank of Korea said, as authorities dipped into the pool of cash to battle the effects of the global credit crisis. http://www.ibtimes.com/data/articleimgs/167232-south-korea-currency-reserves.jpg http://www.ibtimes.com/articles/20081104/skoreas-foreign-reserves-fall-amid-credit-crunch.htm http://www.ibtimes.com/articles/20081104/skoreas-foreign-reserves-fall-amid-credit-crunch.htm Tue, 04 Nov 2008 20:39:22 EST Russia's hard currency reserves dropped a record $31 billion last week as the country spent money on keeping the ruble from plummeting and the banking sector from melting down, the central bank said Thursday. http://www.ibtimes.com/articles/20081030/russian-currency-reserves-drop-31b-in-one-week.htm Thu, 30 Oct 2008 09:29:24 EDT The Energy Department will likely report a 1.5 million barrel boost in crude oil reserves on Wednesday for the week ended Oct. 24, according to a survey by Platts, the energy information arm of McGraw-Hill Cos. http://www.ibtimes.com/articles/20081029/ahead-of-the-bell-analysts-see-oil-reserve-boost.htm Wed, 29 Oct 2008 06:07:21 EDT Legacy Reserves LP on Thursday said the board of its general partner declared a quarterly dividend of 52 cents. The oil and natural gas limited partnership said the dividend is payable Nov. 14 to unit holders of record on Nov. 3. http://www.ibtimes.com/articles/20081027/legacy-reserves-sets-dividend-of-52-cents.htm Mon, 27 Oct 2008 14:49:34 EDT Russia's top energy official said Wednesday that the nation may set aside an oil reserve to influence global prices--but won't cut output, news reports said. http://www.ibtimes.com/articles/20081022/russia-may-set-aside-oil-reserve-to-affect-price.htm Wed, 22 Oct 2008 08:28:27 EDT The Energy Department will likely report a 2.9 million barrel jump in crude oil reserves on Wednesday for the week ended Oct. 17, according to a survey by Platts, the energy information arm of McGraw-Hill Cos. http://www.ibtimes.com/articles/20081022/ahead-of-the-bell-analysts-see-oil-reserve-boost.htm Wed, 22 Oct 2008 06:23:01 EDT The Energy Department will likely report a 3.1 million barrel rise in crude oil reserves on Thursday for the week ended Oct. 10, according to a survey by Platts, the energy information arm of McGraw-Hill Cos. http://www.ibtimes.com/articles/20081016/ahead-of-the-bell-analysts-see-oil-reserve-boost.htm Thu, 16 Oct 2008 06:11:20 EDT An audit has found that Turkmenistan may hold the world's fourth-largest natural gas field, state-run media reported Tuesday. The audit by Gaffney, Cline and Associates is the first outside analysis released by the government and appeared aimed at quashing concerns Turkmenistan will not be able to satisfy its obligations. http://www.ibtimes.com/articles/20081014/audit-firm-confirms-huge-turkmen-gas-reserves.htm Tue, 14 Oct 2008 09:16:03 EDT China's central bank says the country's foreign exchange reserves reached $1.905 trillion at the end of September. Reserves grew by $377 billion over the first three quarters of the year, $10 billion more than in the first nine months of last year, the central bank announced Tuesday. http://www.ibtimes.com/articles/20081014/china-foreign-exchange-reserves-1-905-trillion.htm Tue, 14 Oct 2008 09:52:43 EDT Oil and natural gas company Legacy Reserves LP said Monday Hurricane Ike caused it to shut down oil and gas production that represents less than 2 percent of its net daily average. http://www.ibtimes.com/articles/20081006/legacy-reserves-still-affected-by-ike.htm Mon, 06 Oct 2008 17:16:23 EDT Wachovia Corp. said Monday that it has recorded an additional $500 million in legal reserves related to its ongoing settlement discussions concerning the sale of auction-rate securities, which increased its second-quarter loss to $9.11 billion. http://www.ibtimes.com/articles/20080811/wachovia-records-500m-more-in-legal-reserves.htm Mon, 11 Aug 2008 19:25:18 EDT Iraq resumed oil exploration Friday after two decades in an attempt to determine whether more oil reserves lie beneath its territory, an Oil Ministry official said. http://www.ibtimes.com/articles/20080808/iraq-resumes-oil-exploration-after-long-halt.htm Fri, 08 Aug 2008 10:34:11 EDT Oil and natural gas producer Petroleum Development Corp. has upped the size of its proven reserves by 16 percent. The Bridgeport-based company estimates its proven reserves are equal to 797 billion cubic feet of gas as of July 1. That's up from 686 billion cubic feet at the end of last year. http://www.ibtimes.com/articles/20080807/petroleum-development-ups-reserves-estimate.htm Thu, 07 Aug 2008 12:21:51 EDT The U.S. Geological Survey has lowered its estimates of the amount of recoverable coal in the nation's most prolific coalfield, but not enough to jeopardize the characterization by some that the United States is the Saudi Arabia of coal. http://www.ibtimes.com/articles/20080801/feds-lower-recoverable-coal-estimate-in-wyo-field.htm Fri, 01 Aug 2008 14:33:09 EDT