-- JV ethanol plant in Manitoba contemplated A cooperative of rural municipalities signed a letter of intent with a subsidiary of Outlook Resources Inc. to jointly develop and build an ethanol plant in the Dauphin and Roblin region of Manitoba.
-- China politics Multinational oil companies should keep a careful eye on recent leadership changes in China, according to government and private analysts.
-- ONGC, Reliance lock horns over refinery sell offs State-owned Oil & Natural Gas and Reliance Industries indirectly locked horns over the sell-off of the Indian government's stake in refining firms Hindustan Petroleum and Bharat Petroleum.
-- Unocal sues Valero for alleged infringement of gasoline patents A subsidiary of Unocal Corp. sued Valero Energy Corp., San Antonio, for alleged infringement of its reformulated gasoline patents. Unocal is asking 5.75¢ for each gallon of gasoline produced by the alleged infringement, with the total to be tripled as punishment.