Energy
UPDATE 1-Oilexco shares plunge as board halts financing
CALGARY, Alberta, Nov 20 (Reuters) - Oilexco Inc , a Canadian oil explorer that operates in the North Sea, said on Thursday it has abandoned plans to raise as much as $150 million selling convertible debentures and to issue 20 million shares because its board considered the move too dilutive. Full Article
UPDATE 1-Enbridge sells C$500 mln of debt despite turmoil
CALGARY, Alberta, Nov 20 (Reuters) - Enbridge Inc said on Thursday it has placed C$500 million ($390 million) in corporate debt with investors in recent days despite market turmoil. Full Article
Russia Gazprom cuts 2008 gas output forecast- Ifax
MOSCOW, Nov 20 (Reuters) - Russia's gas export monopoly Gazprom has cut its gas production forecast for this year by at least 14 percent to 552-553 billion cubic metres, Interfax agency quoted a Gazprom official as saying on Thursday. Full Article
Conoco to restart Alliance units after upset
NEW YORK, Nov 20 (Reuters) - ConocoPhillips said it will restart on Thursday unnamed units at its 247,000 barrels-per-day Alliance refinery in Belle Chasse, Louisiana, after an "upset" a day earlier. Full Article
UPDATE 3-Oil firms to store crude on ships as oil tanks
DUBAI, Nov 20 (Reuters) - Oil companies plan to store millions of barrels of crude at sea as they wait for demand to pick up and prices to rise. Full Article
UPDATE 1-Helmerich & Payne Q4 profit up, oil's fall hits shares
Nov 20 (Reuters) - Contract driller Helmerich & Payne Inc posted a higher-than-expected quarterly profit, helped by an increase in U.S. land drilling and offshore drilling revenue. Full Article
Russian reformer and banker Boris Fyodorov dies
MOSCOW, Nov 20 (Reuters) - Boris Fyodorov, who advised on economic reform before the collapse of the Soviet Union and went on to found one of Russia's biggest investment banks, died on Thursday in London, a spokesman said. He was 50. Full Article
UPDATE 1-Spain's PM to consider Lukoil's independent status
MADRID, Nov 20 (Reuters) - Spain will respect Russian oil producer Lukoil's status as a publically listed company if it decides to bid for a stake in Spanish oil major Repsol , Prime Minister Jose Luis Rodriguez Zapatero said on Thursday. Full Article
Bruce Ontario Bruce 3 reactor shut for short work
NEW YORK, Nov 20 (Reuters) - Bruce Power LP's 750-megawatt Unit 3 at the Bruce nuclear power station in Ontario shut on Nov. 19 for a brief unplanned outage, the company said in a release. Full Article
UPDATE 2-Russia and Ukraine face off over gas again
MOSCOW/KIEV, Nov 20 (Reuters) - Russia said on Thursday Ukraine must repay a $2.4 billion gas debt, but Kiev denies the claim, raising fears the two sides face another battle in their gas war, which has threatened European supplies in the past. Full Article
Daiichi confident of Effient approval
NEW YORK (Reuters) - Daiichi-Sankyo's top U.S. executive expressed confidence that the blood clot preventer it is developing with Eli Lilly & Co will soon win U.S. approval, and said the sales force for the medicine was champing at the bit to get started. Full Article
| Symbol | Last | Net Change |
|---|---|---|
| BRENT CRUDE | $50.19 | $-1.53 |
| MINI GOLD | $748.00 | $12.10 |
| MINI SILVER | $9.02 | $-0.28 |
