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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 17,878 news and 3,350 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.

Shell Says Biofuel May Make Up 10% of Fuel Mix in ‘Few Decades’more

Royal Dutch Shell Plc, Europe’s largest oil company, said biofuels may account for as much as 10 percent of global...

Kuwait Targets 450,000 Barrel-a-Day Heavy Oil Output more

Kuwait plans to pump 450,000 barrels a day of heavy oil by 2020, cutting an earlier target agreed on with Exxon Mobil...

Bernstein Says Oil Will Be $50 in 2009, $80 in 2010 more

Crude oil is likely to be $50 in 2009 before falling supply causes prices to increase to $80 next year, Sanford C.

Crude Oil Rises, Set for Biggest Monthly Increase Since Maymore

Oil headed for its biggest monthly gain in almost a year as some traders said yesterday’s 7.6 percent plunge was...

UPDATE: Santos First To Submit EIS In Gladstone LNG Racemore

produce LNG sourced from CSG,' Santos said in a statement. Adelaide-based Santos, which is Australia's third largest...

Abu Dhabi National Said to Be Chasing Canadian Deals (Update1)more

March 30 (Bloomberg) -- Abu Dhabi National Energy Co., the Persian Gulf petroleum and power producer known as Taqa, is...

The Cellulosic Ethanol Mirage: Verenium and Aventine Are Circling the ...more

For years, ethanol boosters have promised Americans that “cellulosic” ethanol lurks just ahead, right past the nearest...

Abu Dhabi Pursues Canadian Oil-Sands Acquisitions, People Saymore

Abu Dhabi National Energy Co., the Persian Gulf petroleum and power producer known as Taqa, is hunting for acquisitions...

OPEC head Angola eyes oil prices at $75 in 2009more

Oil prices could reach $75 per barrel in 2009 despite a the economic crisis, OPEC president Angola said on Monday,...

Oil Falls Below $50 as Equities Decline, Dollar Strengthensmore

Crude oil fell below $50 a barrel as tumbling equity markets signaled that the recession in major energy-consuming...

Podcast: The Exxon Valdex spill -- twenty years latermore

Gerald Karey, senior managing editor, Platts oil team, Washington, DC, discusses the oil spill of the Exxon Valdez that...

Russians enter Hungary as Austrians exitmore

OMV, Austria’s oil and gas company, has at last accepted defeat in its long battle to win control of Mol of Hungary,...

Kuwait says hits 3 mln bpd oil capacity more

OPEC member Kuwait has boosted production capacity to 3 million barrels per day (bpd) and is on track to reach its...

UPDATE:Norway Oil Sector Hit By Pipe-Fitting Quality Errormore

(Adds details) OSLO -(Dow Jones)- Norway's oil and gas industry has been hit by a worldwide pipeline quality scare...

OMV: MOL Stake Sale Price Approximately Equals Buy Costsmore

VIENNA -(Dow Jones)- Austrian oil and gas company OMV AG (OMV.VI) said Monday the sale of its 21.2% stake in Hungarian...

Norway Oil, Gas Sector Hit By Pipe Fitting Quality Errormore

OSLO -(Dow Jones)- Norway's oil and gas industry has been hit by a worldwide pipeline quality scare after Italian...

Sinopec Says First-Quarter Profit to Surge on Fuel Prices, Oil more

China Petroleum & Chemical Corp., Asia’s biggest refiner, said first-quarter profit may surge more than 50 percent...

Kuwait, Qatar Comfortable With $50 Oil as Recession Saps Demandmore

OPEC members Kuwait and Qatar are comfortable with current oil prices of about $50 a barrel as the global recession...

Falling Oil Supply Risks a Price Risemore

The slowdown in investment in oil and gas production could lop off nearly eight million barrels a day of future oil...

Opec keeps its word, and Russia helpsmore

Commerzbank highlights the estimates from Oil Movements, the information service, that Opec shipments are dropping by...

Saudi Minister Urges Caution on the Drive to Renewable Energymore

Saudi Minister Urges Caution on the Drive to Renewable Energy From The New York Times Fears about energy security, and...

Natgas signs found in another Israel drill sitemore

A U.S.-Israeli exploration group that discovered large amounts of natural gas in Israeli waters earlier this year said...

Iran Shifting Role of Asia and Europe in LNG Plansmore

Iran has the world’s second-largest (behind Russia) natural gas reserves. And yet, when it comes to exporting that gas...

PetroChina profits hurt by lower oil pricesmore

PetroChina, Asia’s top oil and gas producer, posted a 39 per cent drop in fourth-quarter net profit, hit by asset...

U.S. natural gas rig count sinks to near 6-yr low more

The number of rigs drilling for natural gas in the United States fell 47 to 810 last week, the lowest level since April...

Top Sources: Oil and Gas

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

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