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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.

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The most active stories in this topic based on user activity.

Rough times for ''Carbon Communism''more

The global warming industry had a bad week at the end of March. The month that entered like a lion – with snowstorms...

A Response to Criticism of a “Net-Positive” Gas Taxmore

The arguments made against the proposed “net-positive” gas tax deserve a response, because they dismiss the tax’s...

Canada oil firm confirms 1,600 bird deathsmore

-- Canada-based oil sands company Syncrude acknowledged that 1,600 birds -- 1,100 more than initially estimated --...

PTTEP confirms oil spill causemore

Sidney. The company behind one of Australia's worst oil spills off the WA coast has revealed to an inquiry the reasons...

Petrobras in Talks to Buy Stake in Galp Energiamore

Brazilia. Brazilian state energy giant Petroleo Brasileiro is in talks to buy a stake in Portugal's Galp Energia, Mines...

Iran Election Protests Foretell Economic Downturnmore

As hundreds of thousands of Iranians protest the results of the June 12 presidential election, businesspeople worry...

Ukrainian president to discuss gas transit with EUmore

Kiev. Ukrainian President Viktor Yanukovich is expected to discuss the transit of Russian gas with European Union...

BP to invest USD10 billion in Egypt in next few yearsmore

Cairo. BP Plc (BP.L) will spend $10 billion in Egypt on gas and oil exploration activities over the coming years, its...

Kuwait's crude oil exports to Japan down 24.9 percentmore

Osaka. Kuwait''s crude oil exports to Japan fell 24.9 percent in January from a year earlier to 7.74 million barrels,...

Nigeria misses long-held oil output target of 4 mil b/d: ministermore

OPEC member Nigeria has missed its long-held ambition of achieving production of 4 million b/d by 2010 because of years...

US imposes duties on steel pipe imported from Chinamore

Beijing. The U.S. Department of Commerce announced that it has imposed preliminary duties between 11% and 13% on...

Occidental to buy out oil field partner for $1.25 blnmore

Oil giant Occidental Petroleum Corp. said Thursday it will buy out a partner's stakes in two jointly operated oil and...

Total Awards FMC Technologies USD65 Million Contractmore

Alaska examines oil and gas taxesmore

Oil price rises towards USD79 after U.S. GDP datamore

Saudi Aramco oil & gas project focusmore

Work in no upstream environment has the potential to raise the pulse of an oil company like the promise of work in...

Centrica Joins LNG Trend in Trinidad and Tobagomore

PetroVietnam to invest USD1.3 billion in second Nam Con Son gas linemore

Los Angeles. PetroVietnam plans to invest $1.3 billion in a proposed second natural gas pipeline from the Nam Con Son...

Opec keeps its word, and Russia helpsmore

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

Total's French Refineries Resuming Activities After Seven-Day Strikemore

Chevron concluded a new 3 years deal with Mermaid Maritime offshore se...more

San Ramon. Singapore-based Mermaid Maritime’s offshore services arm has won a three-year contract with Chevron to...

Anadarko Invests USD30 Million in Origin’s N.Z. Projectmore

Auckland. Anadarko Petroleum Corp., the second-largest independent U.S. natural gas producer, will invest $30 million...

Petrobras Finds Oil Near Barracuda, Offshore Brazilmore

Brasilia. Petrobras announced the discovery of two new oil accumulations in reservoirs located in the Campos Basin,...

Gas well blows out near Hythemore

Edmonton. A gas well in northwestern Alberta blew out early Wednesday morning. Bob Curran, spokesman for the Energy...

Repsol Swings To Profit Of 211 Million Eurosmore

Madrid. Spanish oil giant Repsol YPF swung to a profit of 211 million euros ($284 million) in the fourth quarter, or 0.

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