SICO: Petrochemicals Round Up (30-Nov-08)
This is a PDF report.
Archive for November, 2008
Motown to Washington caravan a bust
Filed under: Green Culture, Chrysler, Ford, GM, Legislation and Policy, Green Daily, USA
The plan to drive a slew of Detroit’s best new cars from the Motor City to Washington, DC is over before it even got started. Amazingly, there was just too much support for the idea, which led to a complete lack of control [...]
Tundra 5.7L V8 gets flex-fuel option for ‘09
Filed under: Ethanol, Flex-Fuel, Toyota, USA
Toyota has announced updated pricing information for the 2009 Tundra full-size truck, along with a few new options that weren’t available before. Chief among these new features is flex-fuel capability on the largest, most powerful 5.7L engine option. Toyota has been planning on adding this capability since the new Tundra [...]
Iran says oil market oversupplied by two million bpd
Crude producer Iran said on Sunday that the world oil market is oversupplied by two million barrels a day after OPEC decided to leave its oil output quota unchanged amid falling prices.
Jordan receives 700,000 barrels of Iraqi oil in 2 months
Iraqi crude oil received by Jordan during the period between September 23 and November 29 reached 700,00 barrels, on a rate of 10,000 barrels per day (bpd), carried in 42 tanks, according to the CEO of the company that implements oil transport from Iraq to Jordan.
OPEC Meeting Opens In Cairo
OPEC ministers began a meeting on Saturday in Cairo to discuss how to shore up oil prices which have tumbled from record highs this year amid a looming global recession that has slashed demand.
Ali Nuaimi: No decisions will be taken in today’s ongoing OPEC meeting in Cairo
(Arabic) Saudi minister for Petrol and Natural Resources, Ali Nuaimi, stated today that no decisions will be taken during today’s preliminary OPEC meeting in Cairo
Somali pirates hope for ‘favourable’ reply for Saudi ship ransom
Somali pirates demanding 25 million dollars for a Saudi supertanker seized two weeks ago said Saturday they were hoping for a “favourable” reply as the expiry for the ransom loomed.
[$$] The Downturn’s Impact on One Oil Driller (at Barron’s Online)
Callon Petroleum gets a downgrade after it blames economy for decision to terminate project.
‘Buy Nothing Day’ a sign of the times?
Retailers anticipate a bleak Black Friday. Yet, despite the economic downturn, many Americans are still cramming into malls in hopes of snagging the best and earliest holiday buys.
Some consumers, on the other hand, will shun shopping and observe “Buy Nothing Day,” a loosely organized protest against conspicuous consumption. The idea comes from Adbusters, an artsy [...]