Wednesday, June 10, 2009

News

FP: Ottawa gas station first to sell fuel made from straw
"OTTAWA - Royal Dutch Shell, Europe's largest oil company, says a gas station in Ottawa will be the first in the world to fill tanks with gasoline that contains an advanced biofuel made from wheat straw..."


Upstream: Cyprus pushes on despite Turkish upset
"Cyprus said today it would press on with offshore oil exploration, despite strong objections from Turkey, and would open new fields for hydrocarbon research by early next year."

"In 2007, Cyprus launched its first licensing round for hydrocarbons in 11 offshore blocks, most in deepwater locations, despite objections from Turkey, which invaded the north of Cyprus in 1974 after a brief Greek inspired coup"


Upstream: 'Biggest oil demand drop since 1982'
"Global oil consumption fell by 420,000 barrels per day in 2008, the biggest decline since 1982, BP said today in the latest edition of its annual Statistical Review of World Energy..."

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