Soft matter http://www.globalpost.com/taxonomy/term/24446/all en Egypt struggles to buy oil as currency crisis deepens http://www.globalpost.com/dispatch/news/thomson-reuters/130108/egypt-struggles-buy-oil-currency-crisis-deepens <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* State firm EGPC buys only half oil volumes it sought for Q1</p> <p>* Traders cite lack of cash, letters of credit</p> <p>* Egyptian pound loses value</p> <p>By Julia Payne</p> <p>LONDON, Jan 8 (Reuters) - Egypt's currency crisis has intensified its oil supply troubles, as the weaker pound makes it more difficult for cash-strapped Cairo to buy vital crude for its refineries.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/egypt-struggles-buy-oil-currency-crisis-deepens" target="_blank">read more</a></p> Business Commodities market Matter oil Soft matter Thomson Reuters Tue, 08 Jan 2013 18:00:24 +0000 5731734 at http://www.globalpost.com UPDATE 1-Libya to secure oil ports after disruptions -oil min http://www.globalpost.com/dispatch/news/thomson-reuters/130109/update-1-libya-secure-oil-ports-after-disruptions-oil-min <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Ali and Shuaib</p> <p>TRIPOLI, Jan 9 (Reuters) - Libya's oil ministry has reached agreement with the country's army chief and defence and interior ministries to secure exporting terminals, Oil Minister Abdelbari Al-Arusi said, after several protests have caused shipping disruptions.</p> <p>Oil installations have become a focal point of protests in OPEC member Libya in the wake of July polls that ushered in the North African country's first elected authorities.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130109/update-1-libya-secure-oil-ports-after-disruptions-oil-min" target="_blank">read more</a></p> Military dictatorship Political geography Politics Soft matter Thomson Reuters Wed, 09 Jan 2013 18:30:36 +0000 5732267 at http://www.globalpost.com COLUMN-Saudi oil price target stretches to $110: Kemp http://www.globalpost.com/dispatch/news/thomson-reuters/130111/column-saudi-oil-price-target-stretches-110-kemp <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By John Kemp</p> <p>LONDON, Jan 11 (Reuters) - There has been no official announcement but Saudi Arabia's effective target for oil prices appears to have risen from $100 to $110 per barrel, based on recent changes in the kingdom's production levels.</p> <p>In theory, the kingdom remains committed to an informal target of $100 for Brent first announced in a CNN interview given by Oil Minister Ali Naimi in January 2012. "Our wish and hope is that we can stabilise this oil price and keep it at a level around $100," Naimi said.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130111/column-saudi-oil-price-target-stretches-110-kemp" target="_blank">read more</a></p> Asia Business Petroleum politics Soft matter Thomson Reuters Fri, 11 Jan 2013 11:00:43 +0000 5733066 at http://www.globalpost.com UPDATE 2-Expanded Seaway line pumps surplus oil from US Midwest http://www.globalpost.com/dispatch/news/thomson-reuters/130111/update-2-expanded-seaway-line-pumps-surplus-oil-us-midwest <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Project could have major impact on global oil prices * U.S. benchmark WTI crude narrows its discount to Brent * 2013 to see 1 million bpd pipeline reconfiguration-Analyst * Seaway seen more than doubling current capacity next year (New Throughout, adds detail, price spread reaction, comment) By Joshua Schneyer Jan 11 (Reuters) - The Seaway oil pipeline, newly expanded to carry up to 400,000 barrels per day (bpd), began pumping crude on Friday from an over-supplied U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130111/update-2-expanded-seaway-line-pumps-surplus-oil-us-midwest" target="_blank">read more</a></p> Matter Petroleum Soft matter Technology Thomson Reuters Fri, 11 Jan 2013 20:15:31 +0000 5733359 at http://www.globalpost.com Nigeria's oil thieves say government leaves them no choice http://www.globalpost.com/dispatch/news/thomson-reuters/130115/nigerias-oil-thieves-say-government-leaves-them-no-choice <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Bunkering on the rise in Nigeria's oil delta</p> <p>* Decades of oil production has failed to bring jobs</p> <p>By Akintunde Akinleye</p> <p>RIVER NUN, Nigeria, Jan 15 (Reuters) - The wooden fishing boat navigating Nigeria's mangrove swamps is powered by a generator balanced above its volatile cargo.</p> <p>Shimmering crude oil fills its hull, almost indistinguishable from the polluted water in the creek.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/nigerias-oil-thieves-say-government-leaves-them-no-choice" target="_blank">read more</a></p> Labor Matter oil Oils Social Issues Soft matter War Thomson Reuters Tue, 15 Jan 2013 10:15:32 +0000 5734616 at http://www.globalpost.com UPDATE 1-Nigeria's oil thieves say government leaves them no choice http://www.globalpost.com/dispatch/news/thomson-reuters/130115/update-1-nigerias-oil-thieves-say-government-leaves-them-no-cho <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Bunkering on the rise in Nigeria's oil delta</p> <p>* Decades of oil production has failed to bring jobs</p> <p>By Akintunde Akinleye</p> <p>RIVER NUN, Nigeria, Jan 15 (Reuters) - The wooden fishing boat navigating Nigeria's mangrove swamps is powered by a generator balanced above its volatile cargo.</p> <p>Shimmering crude oil fills its hull, almost indistinguishable from the polluted water in the creek.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/update-1-nigerias-oil-thieves-say-government-leaves-them-no-cho" target="_blank">read more</a></p> Labor Matter oil Oils Social Issues Soft matter War Thomson Reuters Tue, 15 Jan 2013 11:00:31 +0000 5734631 at http://www.globalpost.com China dominates rising investment in protecting water supply http://www.globalpost.com/dispatch/news/thomson-reuters/130116/china-dominates-rising-investment-protecting-water-supply <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* China accounts for 90 pct of world watershed investment</p> <p>* Watershed costs less than conventional infrastructure</p> <p>* Superstorm Sandy showed value of New York State's plan</p> <p>By Environment Correspondent Deborah Zabarenko</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130116/china-dominates-rising-investment-protecting-water-supply" target="_blank">read more</a></p> Business Hydrology Soft matter Technology Water Thomson Reuters Thu, 17 Jan 2013 00:30:44 +0000 5735373 at http://www.globalpost.com COLUMN-Peak oil and other fallacies: John Kemp http://www.globalpost.com/dispatch/news/thomson-reuters/130121/column-peak-oil-and-other-fallacies-john-kemp <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(John Kemp is a Reuters market analyst. The views expressed are his own)</p> <p>By John Kemp</p> <p>LONDON, Jan 21 (Reuters) - "The limit of production in this country (the United States) is being reached, and although new fields undoubtedly await discovery, the yearly (oil) output must inevitably decline, because the maintenance of output each year necessitates the drilling of an increasing number of wells.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130121/column-peak-oil-and-other-fallacies-john-kemp" target="_blank">read more</a></p> Environmental economics oil Petroleum Soft matter Technology Thomson Reuters Mon, 21 Jan 2013 13:30:28 +0000 5737210 at http://www.globalpost.com UPDATE 2-Algeria parliament approves amendments to energy law http://www.globalpost.com/dispatch/news/thomson-reuters/130121/update-1-algeria-sees-no-impact-investment-after-attack <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Adds details)</p> <p>By Hamid Ould Ahmed</p> <p>Jan 21 (Reuters) - Algeria will offer foreign energy firms easier tax terms and other incentives under amendments to its hydrocarbons law passed by parliament on Monday.</p> <p>The changes, prompted by weak interest shown in bidding for Algerian oil and gas permits in recent years, come in the wake of an attack on a gas plant where more than 60 workers and militants died.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130121/update-1-algeria-sees-no-impact-investment-after-attack" target="_blank">read more</a></p> International business International relations Matter OPEC Soft matter War Youcef Yousfi YOUCEF YOUSFI Thomson Reuters Mon, 21 Jan 2013 14:00:42 +0000 5737243 at http://www.globalpost.com GLOBAL MARKETS-U.S. stocks mixed, crude higher; caution key http://www.globalpost.com/dispatch/news/thomson-reuters/130128/global-markets-us-stocks-mixed-crude-higher-caution-key <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* U.S. stock indexes mixed, crude higher</p> <p>* Caution grows ahead of U.S. GDP, payrolls reports</p> <p>* Euro holds near 11-month high</p> <p>NEW YORK, Jan 28 (Reuters) - U.S. stock indexes were mixed on Monday, a little more positive than those elsewhere in the world, and oil prices rose following strong U.S. durable goods data and earnings results from Caterpillar.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130128/global-markets-us-stocks-mixed-crude-higher-caution-key" target="_blank">read more</a></p> Matter Soft matter Thomson Reuters Mon, 28 Jan 2013 15:45:14 +0000 5740519 at http://www.globalpost.com EU executive thwarts Canada lobby on tar sand oil http://www.globalpost.com/dispatch/news/thomson-reuters/130130/eu-executive-thwarts-canada-lobby-tar-sand-oil <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* European Commission not shifting on polluting label</p> <p>* Alberta faces budget shortfall because of discounted oil</p> <p>* Canada seeks new markets, shale supplies meet U.S. demand</p> <p>By Barbara Lewis and Jeffrey Jones</p> <p>BRUSSELS/CALGARY, Alberta, Jan 30 (Reuters) - Canada's urgent hunt for buyers for its oil is being thwarted as the European Commission sticks to a plan to label fuel from tar sands deposits as highly polluting, deterring refiners bound by environmental rules.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130130/eu-executive-thwarts-canada-lobby-tar-sand-oil" target="_blank">read more</a></p> Fuels Petroleum production in Canada Soft matter Thomson Reuters Wed, 30 Jan 2013 13:00:32 +0000 5741481 at http://www.globalpost.com COLUMN-The key to the meaning of Keystone XL-Chrystia Freeland http://www.globalpost.com/dispatch/news/thomson-reuters/130131/column-the-key-the-meaning-keystone-xl-chrystia-freeland <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Chrystia Freeland is a Reuters columnist. Any opinions expressed are her own.)</p> <p>By Chrystia Freeland</p> <p>NEW YORK, Jan 31 (Reuters) - Is oil like red meat or is it like tobacco? Your answer to that question determines how you feel about the North American boom in unconventional sources of fossil fuel, particularly the Canadian oil sands.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130131/column-the-key-the-meaning-keystone-xl-chrystia-freeland" target="_blank">read more</a></p> Business Entertainment Environment Health Labor Matter Petroleum Politics Social Issues Soft matter Thomson Reuters Thu, 31 Jan 2013 23:00:26 +0000 5742309 at http://www.globalpost.com Brent oil hits new three-month high before US payrolls data http://www.globalpost.com/dispatch/news/afp/130201/brent-oil-hits-new-three-month-high-us-payrolls-data <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Brent oil prices struck a fresh three-month high on Friday, boosted by the weak dollar and Chinese data, as traders awaited key economic figures in top crude consumer the United States, dealers said.</p> <p>In early afternoon London deals, Brent North Sea crude for delivery in March rallied to $115.97 per barrel -- which was the highest level since October 15.</p> <p>The Brent contract later stood at $115.88, which marked a gain of 32 cents from Thursday's closing level.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/brent-oil-hits-new-three-month-high-us-payrolls-data" target="_blank">read more</a></p> Disaster Matter Petroleum Soft matter Technology AFP Fri, 01 Feb 2013 13:00:18 +0000 5742956 at http://www.globalpost.com UPDATE 1-UK government drags heels on flood protection-MPs http://www.globalpost.com/dispatch/news/thomson-reuters/130201/update-1-uk-government-drags-heels-flood-protection-mps <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Call for more urgency in addressing flood issues</p> <p>* Select Committee publishes report on draft water bill</p> <p>* Says it may lead to higher bills, investor uncertainty</p> <p>* Govt minister to look at recommendations closely</p> <p>By Lorraine Turner</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130201/update-1-uk-government-drags-heels-flood-protection-mps" target="_blank">read more</a></p> Matter Political economy Politics Soft matter Thomson Reuters Fri, 01 Feb 2013 17:16:22 +0000 5743300 at http://www.globalpost.com Oil prices fall on eurozone jitters, profit-taking http://www.globalpost.com/dispatch/news/afp/130204/oil-prices-fall-eurozone-jitters-profit-taking <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Oil prices fell Monday on renewed political uncertainty in Italy and Spain and as investors booked profits after weeks of gains.</p> <p>New York's main contract, West Texas Intermediate (WTI) for March delivery, tumbled to $96.17 a barrel, settling $1.60 below Friday's close.</p> <p>Brent North Sea crude for delivery in March slid $1.16 to close at $115.60 a barrel in London trade.</p> <p>"All the reasons that it (oil) rallied last week have been reversed," said Matt Smith of Schneider Electric.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/oil-prices-fall-eurozone-jitters-profit-taking" target="_blank">read more</a></p> Commodities market Matter Soft matter AFP Mon, 04 Feb 2013 21:16:02 +0000 5745793 at http://www.globalpost.com