http://www.execdigital.com/Energy/ Energy news for executives in the USA. Covering issues in oil and gas, fossil fuels, nuclear power, renewable energy. Oil fell toward $50 a barrel on Thursday, deepening losses over the previous four sessions as battered financial markets reflected ever lower confidence in the world economy and evidence mounted of falling fuel demand. http://www.execdigital.com/Energy/Oil-rises--boosted-by-expectations-of-OPEC-cut_9187.aspx http://www.execdigital.com/Energy/Oil-rises--boosted-by-expectations-of-OPEC-cut_9187.aspx Thu, 20 Nov 2008 13:43:30 GMT Energy Digital US General Motors dismissed a surprise overture for its cash-strapped German unit on Wednesday as calls mounted for European governments to come to the aid of automakers hit by the global financial crisis. http://www.execdigital.com/Energy/SolarWorld-in-shock-Opel-offer--analysts-dismissive_11406.aspx http://www.execdigital.com/Energy/SolarWorld-in-shock-Opel-offer--analysts-dismissive_11406.aspx Wed, 19 Nov 2008 18:09:04 GMT Energy Digital US Producer prices posted a record decline in October as weak economic growth sent energy prices tumbling and chain store sales slipped, data on Tuesday showed, while home prices fell sharply in the third quarter. http://www.execdigital.com/Energy/October-producer-prices-fall-by-record-2-8-percent_11320.aspx http://www.execdigital.com/Energy/October-producer-prices-fall-by-record-2-8-percent_11320.aspx Tue, 18 Nov 2008 19:10:09 GMT Energy Digital US CALGARY, Petro-Canada said on Monday it will delay a final go-ahead for the mining portion of its planned C$21 billion ($17 billion) Fort Hills project, looking to the weak economy and falling oil to lower overheated costs that have plagued rival oil sand ventures. http://www.execdigital.com/Energy/Petro-Canada--Fort-Hills-partners-defer-mine-decision_11235.aspx http://www.execdigital.com/Energy/Petro-Canada--Fort-Hills-partners-defer-mine-decision_11235.aspx Tue, 18 Nov 2008 14:10:57 GMT Energy Digital US Oil rose near $56 a barrel on Tuesday, rebounding from a near 22-month low on stronger U S industrial output data, but fears that the global economic slump was further trimming fuel demand kept a lid on gains http://www.execdigital.com/Energy/Oil-drops-more-than-3-percent-on-global-recession-fears_11255.aspx http://www.execdigital.com/Energy/Oil-drops-more-than-3-percent-on-global-recession-fears_11255.aspx Tue, 18 Nov 2008 07:33:21 GMT Energy Digital US Constellation Energy on Thursday said third-quarter operating profit tumbled due to poor results from its merchant business, which was hit by poor results from its energy trading business. http://www.execdigital.com/Energy/Constellation-operating-earnings-tumble_10436.aspx http://www.execdigital.com/Energy/Constellation-operating-earnings-tumble_10436.aspx Thu, 06 Nov 2008 15:52:39 GMT Energy Digital US U S retail gasoline prices declined in the latest week, the government reported on Monday, making prices at the pump on the eve of the presidential election the lowest since February 2007 http://www.execdigital.com/Energy/Weekly-gasoline-price-lowest-since-Feb--07--EIA_10222.aspx http://www.execdigital.com/Energy/Weekly-gasoline-price-lowest-since-Feb--07--EIA_10222.aspx Tue, 04 Nov 2008 06:58:30 GMT Energy Digital US Oil drifted lower towards $67 a barrel on Monday as traders shifted their focus back to slowing global energy demand linked to the financial crisis. http://www.execdigital.com/Energy/Oil-rises-above--68-as-stocks-rally_10138.aspx http://www.execdigital.com/Energy/Oil-rises-above--68-as-stocks-rally_10138.aspx Mon, 03 Nov 2008 15:33:51 GMT Energy Digital US Exxon Mobil Corp topped its own record for the biggest U.S. quarterly operating profit and Royal Dutch Shell Plc earnings beat market forecasts on Thursday, helped by high oil prices and fatter refinery margins. http://www.execdigital.com/Energy/Exxon--Shell-profits-soar-on-oil--refinery-strength_9997.aspx http://www.execdigital.com/Energy/Exxon--Shell-profits-soar-on-oil--refinery-strength_9997.aspx Fri, 31 Oct 2008 11:43:31 GMT Energy Digital US Royal Dutch Shell Plc beat all forecasts with third-quarter current cost of supply (CCS) net profit up 71 percent at $10.9 billion, as high oil prices and asset sales outweighed a 7 percent drop in oil and gas production. http://www.execdigital.com/Energy/Shell-profit-jumps-71-percent_9962.aspx http://www.execdigital.com/Energy/Shell-profit-jumps-71-percent_9962.aspx Thu, 30 Oct 2008 13:13:00 GMT Energy Digital US CALGARY, Suncor Energy Inc's chief executive insisted on Wednesday his company's Alberta oil sands business, which has been hit with mechanical problems this year, remains profitable as the world economic crisis pressures oil prices. http://www.execdigital.com/Energy/Suncor-s-profit-up-30-percent--below-forecast_9883.aspx http://www.execdigital.com/Energy/Suncor-s-profit-up-30-percent--below-forecast_9883.aspx Thu, 30 Oct 2008 07:19:05 GMT Energy Digital US (Reuters) - Internet search and advertising leader Google Inc is increasingly looking at the energy sector as a potential business opportunity, the New York Times reported http://www.execdigital.com/Energy/Google-looking-to-invest-in-energy-sector--report_9768.aspx http://www.execdigital.com/Energy/Google-looking-to-invest-in-energy-sector--report_9768.aspx Tue, 28 Oct 2008 08:39:00 GMT Energy Digital US The average U S retail gasoline price fell 26 cents over the last week to $2 66 a gallon, the cheapest pump price since March 2007, the Energy Department said on Monday http://www.execdigital.com/Energy/Gasoline-at-cheapest-since-March-2007_9753.aspx http://www.execdigital.com/Energy/Gasoline-at-cheapest-since-March-2007_9753.aspx Tue, 28 Oct 2008 04:23:55 GMT Energy Digital US Investor fears that further possible coordinated action to calm markets will not be enough to fend off a global recession sent shares from London to Tokyo reeling on Monday, while the yen continued to surge. http://www.execdigital.com/Energy/Stocks-surge-in-late-day-rally--oil-prices-rise_9551.aspx http://www.execdigital.com/Energy/Stocks-surge-in-late-day-rally--oil-prices-rise_9551.aspx Mon, 27 Oct 2008 16:22:51 GMT Energy Digital US An emergency OPEC meeting on Friday reached swift agreement to chop production by 1.5 million barrels per day (bpd) in an effort to halt a deep oil price slide. http://www.execdigital.com/Energy/OPEC-battles-price-dive-and-faltering-economy_9480.aspx http://www.execdigital.com/Energy/OPEC-battles-price-dive-and-faltering-economy_9480.aspx Fri, 24 Oct 2008 18:41:52 GMT Energy Digital US ExxonMobil Chemical has announced that it has received a leading industry innovation award for its battery separator film technology http://www.execdigital.com/Energy/Innovation-award-for-ExxonMobil-Chemical-project_9509.aspx http://www.execdigital.com/Energy/Innovation-award-for-ExxonMobil-Chemical-project_9509.aspx Thu, 23 Oct 2008 14:40:00 GMT Energy Digital US ConocoPhillips , the third-largest U S oil company, said on Wednesday its quarterly earnings rose 41 percent on higher oil prices and topped Wall Street estimates even as storms in the Gulf of Mexico dented results in its refinery business http://www.execdigital.com/Energy/ConocoPhillips-quarterly-profit-up-41-percent_9401.aspx http://www.execdigital.com/Energy/ConocoPhillips-quarterly-profit-up-41-percent_9401.aspx Wed, 22 Oct 2008 14:03:22 GMT Energy Digital US