International Business News - XOM 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 Following is a summary of top stories in the energy sector Tuesday afternoon. Crude Beats a Retreat http://www.ibtimes.com/articles/20080708/energy-sector-roundup-crude-futures-sink.htm Tue, 08 Jul 2008 15:41:21 EDT Royal Dutch Shell PLC said Monday it has begun waterflooding offshore oil wells in the Gulf of Mexico to raise production by 30,000 barrels per day. Shell said injecting filtered and treated sea water into the reservoirs to displace additional oil is expected to extend the life of the Usa-Princess field by 10 years, and it expects to continue waterflooding the site for 30 years. http://www.ibtimes.com/articles/20080707/shell-waterflooding-in-gulf-of-mexico.htm Mon, 07 Jul 2008 14:38:47 EDT What happens to all the oil that flows hundreds of miles through the trans-Alaska pipeline? Is it true that it all gets sold to Japan? A reader's curiosity about where that oil ends up--and who profits from its sale--inspired one of three questions in this edition of "Ask AP," a weekly Q&A column where AP journalists respond to readers' questions about the news. http://www.ibtimes.com/data/articleimgs/85676-ask-ap.jpg http://www.ibtimes.com/articles/20080704/ask-ap-alaskan-oil-the-latin-american-drug-trade.htm http://www.ibtimes.com/articles/20080704/ask-ap-alaskan-oil-the-latin-american-drug-trade.htm Fri, 04 Jul 2008 06:57:03 EDT Exxon Mobil Corp. will book a $1.6 billion gain in its third quarter from the sale of its interests in a natural-gas transport business in northern Germany, the oil giant disclosed Thursday in a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080703/exxon-mobil-to-book-1-6b-profit-from-asset-sale.htm Thu, 03 Jul 2008 17:30:27 EDT Natural gas in storage in the U.S. rose last week but is 2.6 percent below the five-year average for this time of year, a government report said Thursday. http://www.ibtimes.com/articles/20080703/doe-says-natural-gas-supplies-rose-last-week.htm Thu, 03 Jul 2008 16:45:22 EDT Following is a summary of top stories in the energy sector Thursday afternoon. Crude Settles Over $145 Ahead of Holiday http://www.ibtimes.com/articles/20080703/energy-sector-roundup-oil-heads-higher.htm Thu, 03 Jul 2008 15:46:19 EDT What happens to all the oil that flows hundreds of miles through the trans-Alaska pipeline? Is it true that it all gets sold to Japan? A reader's curiosity about where that oil ends up--and who profits from its sale--inspired one of three questions in this edition of "Ask AP," a weekly Q&A column where AP journalists respond to readers' questions about the news. http://www.ibtimes.com/data/articleimgs/85132-ask-ap.jpg http://www.ibtimes.com/articles/20080703/ask-ap-alaskan-oil-the-latin-american-drug-trade.htm http://www.ibtimes.com/articles/20080703/ask-ap-alaskan-oil-the-latin-american-drug-trade.htm Thu, 03 Jul 2008 14:57:16 EDT The Alabama Supreme Court filled a $63 million hole in the state General Fund budget Thursday by siding with Gov. Bob Riley in a dispute over use of funds won in a court case. http://www.ibtimes.com/articles/20080703/alabama-court-sides-with-governor-in-budget-fight.htm Thu, 03 Jul 2008 13:36:34 EDT Following is a summary of top stories in the energy sector Wednesday afternoon: Oil Climbs to New High http://www.ibtimes.com/articles/20080702/energy-sector-roundup-another-oil-price-record.htm Wed, 02 Jul 2008 15:39:16 EDT Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080702/unitedhealth-starbucks-apollo-among-big-movers.htm Wed, 02 Jul 2008 17:04:21 EDT Crude-oil inventories fell last week after posting a gain in the prior period, while gasoline stockpiles rose unexpectedly, according to government data released Wednesday. http://www.ibtimes.com/articles/20080702/crude-oil-stockpiles-fell-last-week.htm Wed, 02 Jul 2008 10:47:22 EDT Among the premarket stories for Wednesday, July 2, from AP Financial News: NEW YORK (AP)--An analyst upgraded Exxon Mobil Corp. Wednesday, saying the stock currently takes into account worry over a potential windfall profits tax and a lack of production growth, and presents an investment opportunity. http://www.ibtimes.com/articles/20080702/premarket-roundup-exxon-mobil-lincare.htm Wed, 02 Jul 2008 09:27:55 EDT An analyst upgraded Exxon Mobil Corp. Wednesday, saying the stock currently takes into account worry over a potential windfall profits tax and a lack of production growth, and presents an investment opportunity. http://www.ibtimes.com/articles/20080702/ahead-of-the-bell-exxon-mobil-upgraded.htm Wed, 02 Jul 2008 09:13:10 EDT Government data scheduled for release Wednesday is expected to show that crude-oil inventories fell last week after an unexpected gain in the prior period. http://www.ibtimes.com/articles/20080702/ahead-of-the-bell-oil-inventory-report.htm Wed, 02 Jul 2008 06:12:13 EDT Following is a summary of top stories in the energy sector Tuesday afternoon. Crude on the Rise Again http://www.ibtimes.com/articles/20080701/energy-sector-roundup-crude-ends-near-141.htm Tue, 01 Jul 2008 15:59:45 EDT Following is a summary of top stories in the energy sector Monday afternoon: Crude Falls Back from New Record http://www.ibtimes.com/articles/20080630/energy-sector-roundup-oil-approaches-144.htm Mon, 30 Jun 2008 15:55:33 EDT The price of crude oil hit yet another record on the last day of a tumultuous first half, spurting past $143 a barrel before ending lower on demand fears and a resilient dollar. Crude has shot up nearly 50 percent since the start of the year, in large part on the dollar's troubles, and analysts expect that trend to remain intact as the second half of 2008 begins. http://www.ibtimes.com/data/articleimgs/82624-oil-prices.jpg http://www.ibtimes.com/articles/20080630/oil-prices-pass-143-barrel.htm http://www.ibtimes.com/articles/20080630/oil-prices-pass-143-barrel.htm Mon, 30 Jun 2008 15:56:16 EDT Following is a summary of top stories in the energy sector Friday afternoon. Crude Breaks Out to Settle at New High http://www.ibtimes.com/articles/20080627/energy-sector-roundup-oil-flirts-with-143.htm Fri, 27 Jun 2008 15:23:09 EDT An economist with Deutsche Bank raised his crude price outlook Friday, prompting revisions to price targets on some of the world's largest oil companies. http://www.ibtimes.com/articles/20080627/ahead-of-the-bell-deutsche-bank-boosts-oil-target.htm Fri, 27 Jun 2008 09:22:54 EDT Following is a summary of top stories in the energy sector Thursday afternoon. Crude Shoots Over $140 http://www.ibtimes.com/articles/20080626/energy-sector-roundup-crude-tops-140-a-barrel.htm Thu, 26 Jun 2008 15:32:36 EDT