OPEC losing sway over oil prices

Article Abstract:

Industry analysts said that the Organization of Petroleum Exporting Countries, which is an 11-member cartel of oil-producing countries, is losing its ability to influence the price of crude petroleum in the global economy. OPEC faces declining demand and high levels of oil stockpiles.

Production data, World, Wholesale prices, Statistical Data Included, Prices and rates, Organization of the Petroleum Exporting Countries

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Talisman forecasts cash flow to rise on flat production

Article Abstract:

Talisman Energy Inc., Calgary-based oil and gas production company, is expecting 4 percent growth in cash flow on flat production. The company is also expecting production of about 485,000 barrels of oil equivalent a day in 2007.

Forecasts, trends, outlooks, Crude Petroleum & Natural Gas, Natural gas liquids, Petroleum refining, Oil & Gas Extraction, Oil and Gas Extraction, Forecasts and trends, Market trend/market analysis, Gas industry, Cash flow, Talisman Energy Inc., Company business forecast/projection, Company forecasts

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Syncrude plans oil sands expansion

Article Abstract:

Syncrude Canada Ltd. approves $4 billion expansion of its Alberta operations.

Canada, Expanded capacity, plant expansion, Buildings and facilities, Alberta, Syncrude Canada Ltd.

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