Editor's blog

French energy giant Total recently put forward an offer to Canadian company UTS for a whopping 616 Canadian Dollars. The offer was rejected !

We all are aware that Global Warming and Climate change are matters of grave concern.

The Newfoundland Labrador Refining Company (NLRC) is planning to build a new refinery in Eastern Canada.

The Wall Street Journal recently published an article about global oil supply forecasts. According to the article, most of the world oil reserve lie in Saudi Aabia with a considerable amount in the rest of the Middle East.

The Newfoundland Offshore Industry Association (NOIA) Annual conference has opened new doors to eastern Canada oil industry. Canada’s Minister of Natural Resources Gary Lunn today announced the creation of a new governmental agency called the Atlantic Canada Energy Office ( ACE) to be based in St Johns Newfoundland which will look after all matters relating to Atlantic Canada’s Energy Industry. The Minister also reinforced Atlantic Canada’s offshore

The Wall Street Journal recently published an article about global oil supply forecasts. According to the article, most of the world oil reserve lie in

Crude Oil has reached record highs as of May 2008.

April saw a hike in the prices of WTI. One of the reasons for this was also the disruption of supplies from Nigeria and the North Sea.

Encana Corporation, Canada's biggest energy company announced on Sunday, May 11 2008 that it will split its operations into two divisions of Oil & Gas respectively.

The top 10 stocks at the TSX in 2007 were:-

1 Royal Bank RY
2 Research in Motion RIM
3 Manulife Financial MFC
4 Bank Of Nova Scotia BNS

The US Crude Inventories have hit a low, sending gas prices soaring nationwide.