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OIL AND GAS

News about exploration and production of oil and gas, including discussions on the markets, prices, geopolitics, technology, companies and people. This may seem a stodgy industry, but higher prices are changing it a lot faster than you think.

Oil and Gas is part of Business Exchange, suggested by stanley reed. This topic contains 16,728 news and 2,343 blog items. Read updated news, blogs, and resources about Oil and Gas. Find user-submitted articles and reactions on Oil and Gas from like-minded professionals.

News

Recent news on this topic.

Oil: Low prices behind usmore

NEW YORK (CNNMoney.com) -- Crude closed at $33.87 a barrel earlier this winter, and that's likely the lowest we'll see...

Oil: Low prices behind usmore

Crude closed at $33.87 a barrel earlier this winter, and that's likely the lowest we'll see for some time.

Iraq invites contractors to drill 30 oil wells in key southern oil fi...more

Iraq is inviting contractors to bid for the drilling of 30 oil wells in three key southern oil fields.

Morgan Stanley Says Oil Will Remain Depressed Through 2009more

Morgan Stanley said crude oil prices are likely to decline in the second quarter “and remain at depressed levels...

Energy Tribune - Oil and Gas Industry Livid Over New Estimate of Cap-a...more

Oil and Gas Industry Livid Over New Estimate of Cap-and-Trade Revenue From Energy Intelligence The oil and gas industry...

Energy leaders find common ground on oil’s futuremore

A broad consensus of opinion on the continuing importance of oil in the global energy mix emerged today from the...

China to send more patrols to Spratly Islandsmore

cluster of islets and atolls that lie north of Borneo island, an area rich in fisheries with significant oil and gas...

Arrow Engine Company Expands Oil & Gas Product Linesmore

company, has expanded its product lines to include a new solar pump and additional well-completion products for the oil...

China’s Oil Stockpiling Suggests Fossil Fuel Dependency Unlikely to De...more

In a rare admission of China’s strategic petroleum reserve capacity, a senior industry executive acknowledged that all...

Podcast: European jet fuel premiums at five-year lowsmore

Platts editors Verena Peternell and Rob Sheridan analyze the Northwest European jet fuel physical and derivative...

European gas demand increases by 2.1% in 2008more

Preliminary figures and estimates brought out by the European Union of the Natural Gas Industry (Eurogas) indicate that...

Worldwide oil, gas deal value plungesmore

The total transaction value for worldwide upstream corporate and asset deals plunged to $104 billion in 2008 compared...

Russia declines OPEC membership; proposes 'permanent envoy'more

Russia has proposed sending a permanent envoy to the Secretariat of the Organization of Petroleum Exporting Countries...

Eurenergy Resources Corporation Awarded Oil & Gas Concessions in E...more

DALLAS--(Business Wire)-- Eurenergy Resources Corporation has been awarded approximately 1.5 million acres in European...

Shell says production to grow, reserves flat | Industries | Energymore

Royal Dutch Shell Plc said it would increase production by a healthy 2 to 3 percent annually over the next four years...

FACTBOX-Nigeria's oil production outages more

Nigeria has about 606,500 barrels per day of oil shut in due to sabotage to oil facilities, according to oil companies...

Europe refineries move toward middle distillatesmore

The refining industry is already feeling the impact of the falling growth in global oil demand, with North America and...

OPEC oil exports at 5-year low, analyst saysmore

Seaborne oil exports of the Organization of Petroleum Exporting Countries, excluding Angola and Ecuador, will fall to a...

OPEC aims at full compliance with quotamore

The Organization of Petroleum Exporting Countries, noting signs of market strengthening, agreed in a Mar.

Wellstream profits rise by more than 80%more

companies maintained their upstream spending levels. The group, which designs and manufactures bespoke flexible...

Shell Perdido platform 'topside' erected in US Gulf | Industries | Ene...more

Crews have completed installation of the oil drilling and production platform on the record-breaking Perdido spar in...

Fossil fuel vital for decades: Saudi oil ministermore

Fossil fuels will be vital for the world's energy for decades to come and must be made cleaner and more efficient,...

Saudis: Oil Needs to be at $60-75more

Saudi Arabia’s oil minister said today that petroleum-producing countries need a price of at least $60 a barrel to...

Petrobras CEO says Brazil fuel demand recovering | Industries | Energymore

Petrobras (PETR4.SA), Brazil's state-controlled oil company, said Brazilian fuel demand started to recover in the...

Russneft may go bankrupt or be sold due to $2.8 bil loan: sources more

Russian oil producer Russneft may go bankrupt or be sold as a result of a looming default on a $2.8 billion bank loan...

Top Sources: Oil and Gas

  • bloomberg.com
  • platts.com
  • ft.com
  • ogj.com
  • blogs.ft.com
  • rigzone.com
  • economist.com
  • online.wsj.com
  • ordons.com
  • pennenergy.com

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