Stories: Aug 1- 15 2008

Gates warns Russia to back off in Georgia

AFP/Getty Images/Mark Wilson

US Secretary of Defense Robert M. Gates speaks during a briefing at the Pentagon in Arlington, Virginia. Gates on Thursday ruled out the use of US military force in Georgia but warned Russia it will damage relations with Washington for years to come if Moscow does not pull back its forces.

WASHINGTON
Petroleumworld.com, Aug 15, 2008 - story

OPEC pumped 32.47 million barrels per day (b/d) of crude oil in June - Report

CARACAS
Petroleumworld.com, Aug 15, 2008 - story

Venezuela defends Russia, blames US over South Ossetia -story

Oil prices fall again -story

US won't budge on Georgia: Bush -story

Dollar strikes six-month high against euro -story

Mexico sees 2009 oil output at 2.7-2.8 mln bpd -story

Ecuador says could help settle Chevron suit -story

Pressure grows on Russia amid sabotage charges -story

TNK-BP chief executive "disqualified" for two years: report -story

Brazil's Vale opens world's biggest aluminum refinery -story

Iran says open to dialogue on nuclear stand-off -story

Bolivian talks on political crisis get off to shaky start -story

PDVSA announces tender offer and consent solitation for Petrozuata bonds -story

Oil prices dip as demand angst renewed -story

World lashes Russia over Georgia conflict

AP /Sergei Grits

Russian soldiers are seen atop a military vehicle outside Gori, Georgia, Wednesday, Aug. 13, 2008

WASHINGTON
Petroleumworld.com, Aug 14, 2008 - story

Bolivian opposition talks to Morales

AFP/ Javier Mamani

L-R: The Governors of the departments Tarija, Mario Cossio, Pando, Leopoldo Fernandez and Santa Cruz, Ruben Costas are pictured in Cobija, Bolivia in June 2008. Opposition governors in Bolivia agreed to meet President Evo Morales late Wednesday for talks aimed at healing a deep political rift that has left their country in crisis.

LA PAZ
Petroleumworld.com, Aug 14, 2008- story

Oil prices extend rally on weak US motor fuel reserves -story

Bolivian opposition agrees to talk to Morales -story

Looting reignites Russia-Georgia tensions -story

Colombian president eyes new term, but is Betancourt a rival? -story

US regulators, exchanges move to squeeze insider trading -story

EDF says to raise stake in US Constellation Energy in nuclear field -story

Argentina's crude, products exports down 60% in 10 years -story

Miami Mayor voices his concerns about situation in Venezuela -story

Petrobras will finish Tupi drilling plan in September -story

ONGC receives nod to include Petrobras, Statoil in KG project -story

Pluspetrol halts Peruvian gas operations on protests, EFE says -story

Oil prices rebound as US fuel inventories slump -story

Georgia, Russia agree to
peace plan: French leader

Reuters/Vasily Fedosenko

A column of Russia's Grad (Hail) multiple rocket launch system enters central Tskhinvali, the capital of Georgia's breakaway province of South Ossetia, August 12, 2008.

TBILISI
Petroleumworld.com, Aug 13, 2008 - story

Bush urges lawmakers
to back offshore drilling

AP/Ric Francis

With a ship and an offshore drilling rig seen in the background, beachgoers attend the U.S. Open of Surfing Sunday, July 20, 2008, in Huntington Beach, Calif.

WASHINGTON
Petroleumworld.com, Aug 13, 2008 - story

Fragile Georgia-Russia peace holds after ceasefire -story

Oil prices firm before US energy inventories data -story

British Energy- EDF takeover talks continue -story

Russia's attack on Georgia was revenge for Kosovo: analysts -story

Oil prices drop on strong dollar, Russian order to end attack -story

BP shuts oil pipeline in Georgia, supplies still get through -story

Brazil oil giant Petrobras posts record profits - story

EU clears Total petrochem deal with Algeria's Sonatrach -story

Georgia conflict a threat to strategic energy supplies: IEA - story

Brazil's Petrobras selling ethanol in Japan: source - story

Iberdrola to build Eur43 mil grid link for Spanish wind farms - story

PDVSA brings second alkylation unit offline at Cardon refinery - story

Quake hits oil region in Venezuela - story

Ecuador wants to jointly explore, extract gas - story

Bush: Russia must reverse
course in Georgia

Reuters/Denis Sinyakov
|
Russian mobile artillery unit fires a 152mm shell towards a Georgion position outside the Georgian village of Zemo Nikozi some 20 km (12 miles) outside South Ossetian capital of Tslhinvali, August 11, 2008.

WASHINGTON
Petroleumworld.com, Aug 12, 2008- story

Petrobras announces one
more light oil discovery

Petrobras

RIO DE JANEIRO
Petroleumworld.com, Aug 12, 2008- story

Euro plumbs new six-month lows against dollar -story

Oil prices fall in Asia -story

Russia moves into Georgian territory as conflict worsens -story

Spain willing to aid dialogue in Bolivia after referendum -story

Iraq agrees to sell cheaper oil to Jordan -story

Iran says to pursue nuclear talks with EU -story

Bolivia's Morales sees mandate for reforms in vote win -story

Petrobras 2Q net income jumps 29% to record $5.39 billion -story

Pemex considers shutting down PX/OX plant due to poor margins -story

Oil prices slide on worries about slowing growth, demand -story

Morales to push on with Bolivian
reforms after winning vote

Reuters

Bolivian President Evo Morales

LA PAZ
Petroleumworld.com, Aug 11, 2008

Bolivian President Evo Morales was preparing a redoubled nationalization push and other socialist reforms after winning huge support in a weekend referendum. - story

Iraq resumes oil exploration
after 20-year break

BAGHDAD
Petroleumworld.com, Aug 11, 2008

Iraq said on Friday it was resuming exploration of its immense oil reserves after a break of nearly 20 years due to crippling UN sanctions, saying it hopes to double its proven deposits of crude. - story

Oil prices rise on supply worries -story

UN to keep seeking Georgia ceasefire -story

Russia steps up attacks on Georgia -story

Iraq, China ready to revive major oil deal -story

Top McCain aide won't commit to single-term pledge -story

The other White House hopefuls -story

Oil prices risk new rises on supply shocks, analysts warn -story

Bolivia's Morales, an indigenous leader with combative style -story

Venezuela , Iran to loan Bolivia 225 mln dlrs for cement firm: official -story

Bolivia to pay Shell for share in nationalized gas company -story

Chavez enacts 26 new laws with iron fist -story

Oil prices slump four dollars as greenback rises -story

PDVSA to be converted in an energy,
industrial and agricultural holding

Foto/Yesenia Pérez

CARACAS
Petroleumworld.com, Aug 08, 2008 - story

Worldwide protests on eve of China Olympics -story

Wall St. stocks nosedive on higher oil, jobless, Citi woes-story

Hillary Clinton returns as Obama problem -story

Oil prices in modest rebound after BTC pipeline blast -story

Airline consultants create venture in fuel savings -story

US EIA chief Guy Caruso to leave agency on September 3 -story

World powers mulling fresh
Iran sanctions: US, Britain

Reuters/Iraqi government/Handout

Iraqi Prime Minister Nuri al-Maliki (R) meets the outgoing
German Ambassador to Iraq Hans Schumacher(L) in Baghdad
August 6, 2008.

WASHINGTON
Petroleumworld.com, Aug 07, 2008 story

Argentina, Venezuela ink agreements
on oil refinery, LNG terminal

PDVSA Refinery

BUENOS AIRES
Petroleumworld.com, Aug 07, 2008- story

Oil prices rebound above 119 dollars-story

Referendum threatens to worsen Bolivian political
crisis -story

Venezuela pushing Trinidad out of oil market, Reuters says -story

Enill: No need to panic over PetroCaribe -story

Mystery Disease Kills Dozens in Venezuela -story

Nigeria overtakes Venezuela in oil exports to US -story

Petroamazonas to begin operating former Occidental oil fields next week -story

Toyota, Petrobras to Build Brazilian Ethanol Plant -story

Petrobras Repar refinery begins 35-day maintenance -story

US, Brazil pushing energy cooperation: US official -story

McCain wants Iraq-style 'surge' to right US economy -story

Oil prices drop as US crude stocks rise -story

McCain, Obama and bundles of money in White House race -story

Austria's OMV throws in towel in battle for Hungary's MOL -story

Dollar gains against euro on German growth jitters -story

US threatens Iran with punitive
" measures": White House

AP /Ron Edmonds

The United States and its allies will push for "punitive" measures against Tehran due to its weak reponse to the international offer to persuade it to freeze its nuclear program, White House spokeswoman Dana Perino, seen here, has said

ABOARD AIR FORCE ONE
Petroleumworld.com, Aug 06, 2008- story

Obama, McCain clash in oil,
nuclear power play

Reuters/Mike Blake

The individual covers of presidential candidates John McCain and Barack Obama's biographies, which have been turned into a comic book, are displayed at the 39th annual Comic Con Convention in San Diego, July 23, 2008

WASHINGTON
Petroleumworld.com, Aug 06, 2008

Democratic White House hopeful Barack Obama Tuesday charged that oil giants were betting their record profits on John McCain and accused his Republican foes of "lying" about his own energy plan.- story

Chevron starts oil production at giant Nigerian field - story

Oil prices struggle before US weekly energy report - story

Iran's reply on nuclear row shows Tehran not moving: European source - story

Arctic map flags up territorial disputes over oil - story

Austria's OMV withdraws takeover bid for Hungary's MOL - story

Oil prices extend slide on signs of demand decline - story

Bolivia unrest forces Chavez, Kirchner to suspend visit - story

Argentine, Brazilian, Venezuelan leaders hold impromptu summit - story

Obama: McCain 'in the pocket' of oil giants

Reuters/Rebecca Cook
Obama
U.S. Democratic presidential candidate Senator Barack Obama addresses the audience during a campaign stop at the Lansing
Center in Lansing, Michigan August 4, 2008.