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China buying Argentine oil stake

Mon, 15 Mar 2010 09:11:16 +0000

window.document.getElementById(’post-24953′).parentNode.className += ‘ adhesive_post’;BBC : Business : China National Offshore Oil Corporation is paying $3.1bn for a 50% stake in Argentine oil and gas group Bridas Corporation. Original post by The Age

Industrial Bleach in Chinese Flour, Oil in Rice, Expert Says

Mon, 15 Mar 2010 09:11:14 +0000

window.document.getElementById(’post-24953′).parentNode.className += ‘ adhesive_post’;The Epoch Times : China : A Chinese food expert writes a letter exposing malpractice in the industry. Original post by The Age

PREVIEW: OPEC to keep oil flowing, but not too much

Mon, 15 Mar 2010 09:11:12 +0000

window.document.getElementById(’post-24953′).parentNode.className += ‘ adhesive_post’;The Earth Times : Vienna - Members of the Organization of the Petroleum Exporting Countries have signalled they will maintain production targets at their Vienna meeting on Wednesday, but OPEC is set to call for more discip… Original post by The Age

South Korea, Australia make pact on minerals, green energy

Mon, 15 Mar 2010 09:11:11 +0000

window.document.getElementById(’post-24953′).parentNode.className += ‘ adhesive_post’;The Earth Times : Seoul - South Korea is poised to increase imports of liquefied natural gas from Australia, as well as investments in mining projects Down Under, with a new agreement made in Perth Monday, the South Korean government said. The deal, which would … Original post by The Age

Asia Markets: Prospects for China’s natural-gas industry grow

Mon, 15 Mar 2010 07:07:53 +0000

Marketwatch : News : China’s underdeveloped natural-gas industry is set to grow as the nation seeks alternatives to its rising purchases of oil — and that’s boosting the prospects for shares of local companies that produce and distribute the fuel source. Original post by The Age

Iran Gasoline Stock Nears 1 Billion Liters

Mon, 15 Mar 2010 07:07:52 +0000

Payvand Iran News : Iran has boosted its gasoline inventories by around 944 million liters in the current calendar year (to end March 21) compared to the preceding year. The amount shows a 58 percent increase year on year, the Islamic Republic of Iran Broadcasting … Original post by The Age

Arrow to reject Shell, PetroChina $3 billion bid: report

Mon, 15 Mar 2010 07:07:50 +0000

Reuters : Business : PERTH (Reuters) - Australia’s Arrow Energy is set to reject as too low a $3 billion joint takeover offer from Royal Dutch Shell and PetroChina, a newspaper reported, a move that could prompt the bidders to return with a higher, hostile bid. Original post by The Age

Chinese oil giant to buy stake in Argentine firm

Mon, 15 Mar 2010 06:04:30 +0000

Washington Post : World : HONG KONG — Leading offshore-oil producer China National Offshore Oil Corp. said Sunday that it has agreed to pay $3.1 billion to form a joint venture with a major Argentine energy firm, helping to expand China’s access to natural resources in … Original post by The Age

Motorola’s Jha gets $3.77M in 2009, accepts bonus

Mon, 15 Mar 2010 05:22:05 +0000

After grabbing headlines with a sign-on bonus of more than $100 million, Motorola Inc. Original post by SF Gate

OPEC’s Next Challenge: Production Targets

Mon, 15 Mar 2010 04:03:26 +0000

Wall Street Journal : World : As the Organization of Petroleum Exporting Countries prepares to meet for the first time in three months, a debate is brewing within the 12-nation oil cartel over what its post-recession production might look like. Original post by MSN Money

Opec fears losing its grip as Iraqi oil output surges

Mon, 15 Mar 2010 04:03:24 +0000

Times online: Business : Opec fears that its grip on the global supply of oil is being threatened by the rising output of Iraq’s oilfields and the prospect of billions of dollars of multinational investment in the world’s leading untapped oil resource. Original post by MSN Money

Life insurance may fund real estate deals

Mon, 15 Mar 2010 03:00:00 +0000

One of the concerns in the commercial real estate market, as with so many industries, has been the lack of available credit. A lesser-known financing option, however — in the form of lending from life insurance companies — is poised to become more prevalent this year, potentially doubling its investments in commercial mortgages this year. Original [...]

Cautious credit union members add to their savings

Mon, 15 Mar 2010 03:00:00 +0000

Credit unions face a curious challenge as their members get their financial houses in order. When members save more and borrow less, the credit union ends up paying more on savings while taking in less on loans. Original post by Array

Building owners urged to renew leases before seeking a loan

Mon, 15 Mar 2010 03:00:00 +0000

Commercial real estate owners with loans maturing in the next year should seriously consider getting lease extensions from tenants now, bankers say. Original post by Array