IBT Staff Reporter

Commodity Online MUMBAI: The global independent oil exploration and extraction company, Cairn Energy said its Indian unit and the government is currently holding talks on financing of a major pipeline project.

Commodity Online TOKYO: Japan s Natural Resources and Energy Agency on Monday said country s crude oil imports in February rose 8.2% from a year before to 127.18 million barrels.

Commodity Online. DHAKA: Bangladesh s national oil, gas and mineral exploration company, Petrobangla on Sunday announced its decision to offer 28 blocks for offshore exploration rights.

By Chris GilpinSince 2000, oil companies working in the U.S. have doubled the number of wells drilled per year with a glaring lack of results.

By Adrian AshEvery time the bankers cock up, your money steps in thanks to government bail outs to patch up the losses.

By Julian D W PhillipsFirst the Gold Market and silver prices began to tumble, followed by a recovery in the Dollar, all of which happened in an almost straight line. Markets don t do that to the extent seen last week

Commodity Online NEW YORK: World oil prices nearly lost a dollar in early trade Monday and were trading below $105 a barrel at the New York Mercantile Exchange.

By Major Ajay13th week Year 2008 represents figure thirteen (13). This figure represents Rahu as per astrology, Rahu is known for north nod of moon or Dragon 's mouth.

By Edward Tapamor Peak oil is a reality. It may take a generation for al the effects to be played out but they will be played out. They will never be solved by current economic thinking, because it was current economic thinking that caused it.

Commodity Online NEW DELHI: Gold, silver prices fell on heavy selling by stockists. End of marriage and festival season coupled with weak global trends also contributed to the fall.

Following a two-month review of its business model, Motorola Inc announced plans this week to spin off its struggling mobile phone business to create two separate publicly traded companies in 2009.

IAC/InterActiveCorp. Chairman Barry Diller won a big victory in his bitter legal dispute with Liberty Media Corp. Chairman John Malone, as a Delaware court ruled Mr. Diller can proceed with efforts to spin off four of IAC's largest units into multiple companies.

Commodity Online The impact of this drive is minimal but the symbolic effect is huge. Chicago is Earth Hour s US flagship city.

By Bill Bonner Europe's esperanto money has risen to $1.55. In terms of what a Dollar will buy in the United States, a Dollar is down around 25% so far this century

Fitna, a 10 minute anti-Islam film posted on the Internet by Netherlands politician Geert Wilders was removed from Liveleak.com, a video server company, due to serious threats directed to the staff.

Madonna told the Yo on E entertainment talk show that the media should leave Britney Spears alone, saying They need to step off.

The dollar fell slightly against the euro on Thursday after a report showed consumer spending in February rose at its slowest pace in a year.

Clear Channel's perturbed buyout deal, threatened by deteriorating credit conditions, brings to question the crucial role banks are playing in the $19.4 billion deal.

Gold futures fell in New York after crude oil and other commodities dropped, cutting the appeal of the precious metal as an inflation hedge.

U.S. stocks fell in New York, failing to rebound from consecutive triple-digit losses on the Dow and extending the worst quarterly slump since 2002, as J.C. Penney Co. forecast weaker sales and concerns that further write downs may destabilize banks' access to capital.

Copper futures fell on Friday as the economic outlook worsened following the release of new data , increasing fears of recession slowing demand in the United States, the second largest consumer of copper in the world.

Crude oil futures prices fell on Friday as worries about supplies from a major export terminal in Iraq eased after a report that damages from an attack yesterday can be repaired quickly.

Commodity Online NEW DELHI: Under alternative fuel for transportation systems, 10 percent Ethanol Blended Petrol (EBP) becomes mandatory from coming October.

Commodity Online NEW DELHI: The government will amend the building bye laws for making the use of solar water heaters mandatory in certain categories of building.

Commodity Online MUMBAI: Gold futures fell on Indian commodity exchanges in morning trade in tandem with overseas markets, which were lower on profit taking triggered by easing crude oil and book squaring.

By Andrew Mickey Natural gas, however, is poised to more than double, making it the preferred electricity source of the 21st century. That?s four times faster than any other alternative

U.S. stocks tumbled the most in a week, sending the blue-chip index more than 100 points into the red and the tech-heavy Nasdaq was dragged down by disappointing news from Oracle and Google.

Since Wednesday, March 19, natural gas prices increased on both the spot and futures markets.

Gold futures pared most of their losses on Thursday in New York, to close almost following a rebound in the U.S. dollar which put some pressure on the precious metal.