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Volume 12, Issue 3
January 30, 2008

Theresa Ward, Managing Editor, Newsletter Group

Top Stories
GM Boss Cites Lithium-Ion Battery Breakthrough; Could Enable 400-Mile Plug-In Hybrid Electric Cars, Eliminate Gasoline
ConocoPhillips Earns $4.4 Billion in Q4
API: 2008 Demand Forecast Uncertain But 2007 Figures Showed Contrasts
IEA: No Logical Reasons for $100/Bbl Oil
U.K. House of Commons Study: G1 Biofuels Have ‘Detrimental’ Environmental Impact; EU Disagrees
European Commission Agrees on Proposals to Fight Climate Change, Promote Renewables
Hybrids Dominate D.C. Auto Show
After Further Review, GM Was World’s Top-Selling Automaker in 2007
World Demand Keeps Energy Markets Afloat Despite Projected Fourth Quarter Losses, Analysts Say
Market Snapshot
Gasoil
Brent
News from Americas
Canada Seeks Fuel Economy Regs, Aims to Meet or Beat U.S. Standards
Valero Earnings Down in Q4, 2007
Suncor’s Earnings up in Q4, Down Slightly for Year
Newfoundland and Labrador Government Says NLRC’s Amended EIS is Sufficient
GM Says Turnaround Plan is Working, Despite Obstacles
$1.9 Billion Expansion of Marathon’s Detroit Refinery Could Start This Spring
Report: Dominican Refinery to Go Forward Despite Objections
Consumers Co-operative Board Approves Refinery Expansion
Valero Refinery Shut Down Due to Fire
U.S. New-Car Shoppers Seen ‘Negative’ on Diesels
United Refining Ups Estimate of Coker Project
News from Middle East / Asia
Renault-Nissan Announce Plan to Commercialize Electric Vehicles in Israel
Reliance's Earnings Climb 26% in Most Recent Quarter
CNOOC’s First Refinery to be Finished in Second Half of 2008
News from Europe / Africa
Norway Aims to Become Carbon Neutral by 2030
Europia Eager to Work with EU on Climate Change Package, but Expresses Competitive Concerns
Russian Court Rejects Refinery Appeal
Lithuanian Refinery Restarts Vacuum Distillation Tower
Report: Rosneft Gets Loan for Tuapse Expansion
European Parliament Largely Supports EU Climate Change, Energy Package
Market Report
NYMEX Crude Price Back Above $91/bbl

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