Monthly Archives: November, 2010

PRECIOUS-Gold slips as U.S. dollar firms, euro debt concerns remain

SINGAPORE – Gold fell on Monday as firmer U.S. dollar dented the metal as an alternative to the appeal investment, a weaker euro also puts extra pressure. BASICS * Spot gold eased $ 6.53 to $ 1,355.20 a ounce by 0053 GMT, extending a 1 percent drop on Friday. Bullion was below a lifetime high [...]

CNOOC: BP’s share of the sale will not affect Pan American Long-Term Operations

HONG KONG (Dow Jones) – CNOOC Ltd. (CEO), the largest offshore China’s oil and gas producer by capacity, said Monday Pan American Energy LLC business will remain stable in the long run, even if BP PLC (BP), its majority sells in the South American-based oil and gas company to help cover the cost of oil [...]

BP Commission Film About Oil Spill

BP is the commissioning of a feature film about the Deepwater Horizon oil disaster – but the company says it is not intended to scrub her clean reputation. Generally reviled for his role in the ecological disaster in the Gulf of Mexico this year, the company quietly responded with short Web videos that the myriad [...]

Grand Pacaraima Gold Corporation announces signing of the contract and Participation Project financing through a newly formed Investment Division

VERNON, BC – Grand Pacaraima Gold Corporation (PINKSHEETS: GPGD) today announced that Jasmine Eka Kayra, Inc. has a 99 year lease contract with the Soares Pereira Family of Dili, East Timor signed. This 99-year lease was signed on 50,450 square meters of beach property. The contract for the development and construction will be handled by [...]

Possible Korean War Gold Trading Is the Best Investment

Investment gold is indeed one of the best raw materials set for this fiscal year, as already in recession, especially now that the two Koreas engaged in an artillery clash. Unilaterally by investors focus on the euro-zone debt crisis, which is under strong pressure from the euro, gold trading high today peaked in both Europe [...]

TOP Oil Market News: Crude rises to one-week high, OPEC output

The following is a selection of the most important news affecting the oil market. Oil rises to one-week high after U.S. jobless claims decline Oil rose to their highest in more than one week, extending gains from yesterday as traders bet a bigger than expected drop in U.S. jobless claims reported economic growth accelerates in [...]

Gas prices are not following routine

After gas prices rose strongly in 2008, A.J. Bryant said he used to pay more at the pump and budgeting accordingly. So he said he did not notice that gas prices in Jackson and elsewhere in the unusual position of now higher than in summer, when prices usually reach their peak a year. “There is [...]