Tuesday, January 02, 2007

Energy news 1/2/2007

Energy news 1/2/2007
Francois Pinault Says `All Options Are Open' on Bid for Suez; Shares Climb French billionaire Francois Pinault signaled he may consider a bid for Suez SA after France's stock market regulator demanded he clarify his intentions for the world's second-largest water company.
Crude Oil Falls as Mild Weather Reduces Heating-Fuel Consumption in U.S. Crude oil fell as mild weather in the U.S. curbed heating-fuel demand and the execution of Saddam Hussein raised the specter of increased violence in Iraq.
Nymex Natural Gas Falls on Warmer-Than-Normal Weather Across Northern U.S. Natural gas declined in New York as forecasters predicted mild weather through the middle of the month, signaling reduced demand for the furnace fuel.
Carbon Dioxide Emission Permits for 2007 Decline to Record on Mild Weather Emission permits for 2007, the last year of the three-year first phase of a European trading regime, fell to a record as mild weather curbed energy demand, boosting a surplus of the allowances.
North Sea Sullom Voe Oil Terminal Starts Loading After December 29 Closure The North Sea Sullom Voe terminal, one of Europe's largest oil and gas facilities, resumed loading

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