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AOL MONEY & FINANCE

France's Total gets oil price profit boost

PARIS -French oil company Total SA forecast higher production this year while revealing Friday that higher oil prices helped it post a 12.8 percent rise in fourth quarter profits despite a drop in output.

THE HUFFINGTON POST

Petrobras Strikes Oil in Western Brazil -- Bye Bye Amazon?

Last week Brazilian state-controlled oil company Petrobras announced that it had struck good-quality light oil in its Amazonas state's Solimoes Basin SOL-T-171 concession block, which it owns 100 percent.

THE HUFFINGTON POST - BUSINESS

House Dems: Drilling Fines Are 'Pocket Change' For Oil & Gas Companies

Federal policing of oil and natural gas drilling on public lands is lax and inconsistent, with only 6 percent of violations resulting in monetary fines over 13 years, House Democrats said in a report Wednesday.

POPEATER.CA

Barry Levinson: Don't Know Much About Oil

I don't know much about the business world, I don't know much about economics.

AOL HEALTHY LIVING

Keystone XL Tar Sands Pipeline: The Facts Deserve Repeating

Joe Nocera's op-ed in the New York Times yesterday deserves a response and a reiteration of the facts surrounding the Keystone XL tar sands pipeline.

bp plc News From the Web

02/10/12 France's Total gets oil price profit boost Source: Curry Coastal Pilot - Brookings OR French oil company Total SA forecast higher production this year while revealing Friday that higher oil prices helped it post a 12.8 percent rise in fourth quarter profits despite a drop in output.
02/10/12 Iraq: Exxon Mobil to participate in fourth oil... Source: Zawya.com The Iraqi Oil Ministry has announced that Exxon Mobil will be allowed to participate in the fourth oil licensing round along with 37 international companies.
02/10/12 Senate concludes pipeline lawsuit review Source: Fairbanks Daily News-Miner - Fairbanks AK The Senate Resources Committee concluded a four-day review of a trans-Alaska pipeline valuation lawsuit Thursday, setting the stage for the group to begin work on shaping a generic oil tax bill today.
02/10/12 BP Source: The Shetland Times - Gremista - Lerwick - UK Shetland is a challenging yet exciting place to live and work.
02/10/12 UPDATE 1-Total Q4 net rises 7 pct, hikes exploration... Source: Reuters PARIS, Feb 10 (Reuters) - French oil giant Total followed its peers on Friday by reporting higher fourth-quarter profits on the back of rising oil and gas prices and announcing plans to increase capital investment to drive future profit.