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Kremlin envoy opposes new pipeline Moscow, Russia - The Kremlin's top representative in Siberia voiced opposition to the route of a planned oil pipeline that would run less than a kilometer (1/2-mile) from the world's largest freshwater body, the Vedomosti business daily has reported. 11 Apr 2006
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China to boost oil refinery capacity Shanghai, China - China plans to increase its refining capacity by about one-third by 2010 as it races to keep up with surging demand for oil and refined products, the government said. 10 Apr 2006
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RPL refinery to be set up in Special Economic Zone Jamnagar - Newly-formed Reliance Petroleum Limited (RPL) has announced that it would set up the world's first refinery in a Special Economic Zone (SEZ) that is expected to be completed by December 2008 with a capital outlay of Rs. 27,000 crore. 06 Apr 2006
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NALCO plans $ 3.4 bn Gulf smelter, to hold 51 percent stake National Aluminium Co. Ltd. (NALCO) has announced its plans to build a $ 3.4 billion, 500,000 tonne aluminium smelter in the Gulf, in partnership with an oil producer. 05 Apr 2006
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US firms eyeing Indian energy exploration: Deora Houston, USA - Global oil giants, including Exxon-Mobil, Chevron Texaco and ConocoPhillips, have shown keen interest in investing in the country's hydrocarbon industry, spurred by India's success in oil and gas exploration coupled with its New Exploration Licensing Policy (NELP), Union Petroleum and Natural Gas Minister, Murli Deora has announced. 03 Apr 2006
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Largest oil spill discovered on Alaska Slope Anchorage, Alaska - An oil spill discovered recently in Alaska's Prudhoe Bay maybe the largest ever on the North Slope, according to an official estimate. 01 Apr 2006
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Oil Prices Fall Below $66 a Barrel Crude-oil futures fell below $66 a barrel Wednesday as some traders took profits after prices surged the previous day on supply concerns. 29 Mar 2006
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Oil Prices Settle at $66 Per Barrel Crude-oil futures leapt by almost $2 a barrel Tuesday, testing the upper-end of a recent trading range amid strong demand and worries about supply from Iran and Nigeria. 28 Mar 2006
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Experts: Fragile Economy Hampers Big Easy Most of Big Oil has returned to New Orleans since Hurricane Katrina, Mardi Gras got the city back in the tourism business and the skilled construction trades can't get enough workers. 28 Mar 2006
