Abu Dhabi National Energy Co. (TAQA) looks to invest in Canada

Posted by nettlesbe in August 18th 2007

An Abu Dhabi, United Arab Emirates energy investment company has started operating a Canadian-based oil and gas firm after completing a two-billion-dollar acquisition. â€œBeginning today, Abu Dhabi National Energy Company (TAQA) will own and operate TAQA North Ltd, following the completion of the acquisition of Northrock Resources Ltd, a subsidiary of the US firm Pogo [...]

Continue reading " Abu Dhabi National Energy Co. (TAQA) looks to invest in Canada "

No Comment

under: Commodities

Cost of milk rising, blame China

Posted by nettlesbe in August 12th 2007

Among all the other things we blame China for (no offense), we have another to add to the list: the rising cost of milk. Why? Because of the growing appetite for for dairy foods in Asia, mainly China. Other factors, are rising costs for animal feed, shrinking European production and long-standing drought in Australia and [...]

Continue reading " Cost of milk rising, blame China "

No Comment

under: Commodities

Gasoline prices below a dollar

Posted by nettlesbe in July 17th 2007

Gasoline prices at the pumpsÂ dipped as much as 10 cents across the country today (I’m sure you’ve all noticed) as a result of wholesale prices declining. The decline was due to speculative talks of increasing North American gasoline inventories, along with increased capacity at refineries. Importing gasoline from American refineries was also cheaper because [...]

Continue reading " Gasoline prices below a dollar "

No Comment