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	<title>nebusiness.co.uk - Tag - oil</title>
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	<description>Read the latest business news in Newcastle and the North East and financial news for the UK, Newcastle, Teesside and the North East. Information for small businesses, reports on farming, construction and technology, updates on local businesses and more, in association with The Journal and Evening Gazette.</description>
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	<copyright>Trinity Mirror 2012</copyright>
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	<itunes:summary>Read the latest business news in Newcastle and the North East and financial news for the UK, Newcastle, Teesside and the North East. Information for small businesses, reports on farming, construction and technology, updates on local businesses and more, in association with The Journal and Evening Gazette.</itunes:summary>
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		<title>Shell profits rise by 77%</title>
		<link>http://www.nebusiness.co.uk/business-news/news-bulletins/2011/07/28/shell-profits-rise-by-77-51140-29134312/</link>
		<description><![CDATA[<p>Royal Dutch Shell cashed in on rising energy prices today as it reported profits of nearly &#163;5bn between April and the end of June.</p>]]></description>
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		<pubDate>Thu, 28 Jul 2011 07:14:00 GMT</pubDate>
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		<title>Oil demand forecast rises</title>
		<link>http://www.nebusiness.co.uk/business-news/latest-business-news/2010/10/14/oil-demand-forecast-rises-51140-27470084/</link>
		<description><![CDATA[<p>AN energy watchdog has lifted its forecast for world oil consumption but played down fears that prices will top $100 a barrel.</p>]]></description>
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		<pubDate>Thu, 14 Oct 2010 02:00:00 GMT</pubDate>
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		<title>BP remains optimistic as profits slump 53%</title>
		<link>http://www.nebusiness.co.uk/business-news/latest-business-news/2009/07/29/bp-remains-optimistic-as-profits-slump-53-51140-24265995/</link>
		<description><![CDATA[<p>OIL giant BP has announced a 53% slump in profits but insisted that it continues to steer "a steady course through choppy waters".</p>]]></description>
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		<pubDate>Wed, 29 Jul 2009 07:15:00 GMT</pubDate>
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		<pubDate>Fri, 03 Jul 2009 07:49:00 GMT</pubDate>
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		<title>Price of oil highest since November</title>
		<link>http://www.nebusiness.co.uk/business-news/latest-business-news/2009/06/02/price-of-oil-highest-since-november-51140-23764404/</link>
		<description><![CDATA[<p>OIL prices rose to a seven-month high yesterday as investors banked on hopes of economic recovery and world stock markets surged.</p>]]></description>
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		<pubDate>Tue, 02 Jun 2009 07:25:00 GMT</pubDate>
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		<title>Oil price falls see profits down at BP</title>
		<link>http://www.nebusiness.co.uk/business-news/latest-business-news/2009/04/29/oil-price-falls-see-profits-down-at-bp-51140-23496619/</link>
		<description><![CDATA[<p>OIL giant BP has revealed that its first-quarter profits slid 62% after oil prices slumped from last summer's record level.</p>]]></description>
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		<pubDate>Wed, 29 Apr 2009 07:20:00 GMT</pubDate>
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		<title>North&#8217;s booming oil and gas sector gets a boost</title>
		<link>http://www.nebusiness.co.uk/business-news/latest-business-news/journal-business-news/2008/07/09/north-s-booming-oil-and-gas-sector-gets-a-boost-51140-21307272/</link>
		<description><![CDATA[<p>THE region&#8217;s booming oil and gas sector received a further boost yesterday as a new report estimated that there could be as much as 25 billion barrels of oil waiting to be extracted from the North Sea and other parts of the UK coast.</p>]]></description>
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		<pubDate>Tue, 08 Jul 2008 23:00:00 GMT</pubDate>
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