The Energy Information Administration (EIA) reported today that imports of light-sweet and light-sour crude to the United States Gulf of Mexico …
Story by CNBC
Halliburton became the latest oil company to feel the sting of falling oil prices.
The Houston-based oil filed services company said Tuesday it plans to cut between 5,200 to 6,400 jobs as oil and gas production slows …
CAMAC Energy Inc. (“CAMAC” or the “Company”) (NYSE MKT:CAK) announced today the successful completion of its onshore 2D seismic acquisitions on blocks L-1B and L-16 in the Republic of Kenya.
The 2D seismic program was conducted by BGP Kenya Limited …
John Zahary, President and Chief Executive Officer of Altex Energy, a company that owns and operates eight crude-by-rail terminals in Western Canada, made …
PetroQuest Energy, Inc. Invites You To Join Its 2014 Year-End and Fourth Quarter Earnings Conference Call
…VAALCO Energy Announces Strong Results of the Etame 10-H Well
…Blackbird Energy Inc.’s CEO Garth Braun Interviewed by The Energy Report
…CAMAC Energy Completes 2D Seismic Acquisitions in Kenya
…Elsevier and China Electric Power Press Co-Publish First Book in New Energy Series
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John Hofmeister, former Shell Oil Company president, was on BNN today predicting the return–sooner than later–of much higher oil prices due to increasing decline rates, …
Story by Reuters
Oil jumped for a third straight session on Monday as OPEC forecast greater demand for crude this year than previously thought and projected less supply from countries outside the producer group.
The Organization of the Petroleum Exporting …
Story by Oil & Gas Technology
According to information released by the Energy Information Administration (EIA) today, Iraq’s production growth in 2014 was the second largest in the …
Story by The Dallas Morning News
Falling oil prices have some Texas lawmakers looking to reshape U.S. policy on crude oil in the mold of another iconic Texas product: Blue Bell Ice Cream.
Blue Bell’s motto is “We eat all …
The dust is settling on the first phase of the global oil market share war. Oil has been hovering around $50/barrel for nearly a week – a long-awaited relief to the industry which was wondering, exactly, where is rock bottom? …
The European Union will now officially treat oilsands crude the same as oil from elsewhere in the world, after finalizing the decision on Friday, February …
BPZ Energy (BPZ) (BPZ), an independent oil and gas exploration and production company, today announced the results of an independent evaluation of the Company’s certified year-end 2014 oil reserves at offshore Block Z-1.
The following discussion …
DENVER, Feb. 9, 2015 /PRNewswire/ — Resolute Energy Corporation (“Resolute” or the “Company”) (REN) today announced that it had received notification on February 3, 2015, from the New York Stock Exchange (“NYSE”) that the …
Dawson Geophysical and TGC Industries Shareholders Approve Strategic Business Combination
…Sanchez Energy Corporation Invites You to Join Its Year-End and Fourth Quarter 2014 Earnings Conference Call
…Resolute Energy Corporation Receives Continued Listing Standard Notice From NYSE
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For the first time in a decade Russia’s credit rating was downgraded to junk by Standard & Poor’s rating agency last …
Energy XXI Reports Fiscal 2015 Second-Quarter Results, Issues Operations Update
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Columbia Pipeline Partners (ticker: CPPL) began trading on the New York Stock Exchange today following its spin-off from NiSource Partners (ticker: NI). Under terms of the spin-off, CPPL is transferred NI’s pipeline and storage assets, while NI retains ownership of …
Story by the Associated Press
In the 1970s, the environmental movement had no bigger political hero than California Gov. Jerry Brown. He cracked down on polluters, ended tax breaks for oil companies and promoted solar energy.
Forty years later, in …
Story by Reuters
Faced with mounting writedowns on energy and metals assets, Japan’s trading houses are looking to step up the sale of assets to offset weaker income from resource businesses and fund shareholder returns, while reining in investment.
Like …
Source: Petrobras
Petróleo Brasileiro SA – Petrobras informs that its Board of Directors, in a meeting held today, has approved with majority vote the election of Aldemir Bendine as CEO of Petrobras replacing the current CEO, Maria das Graças Silva …
From Reuters:
In late 2013, Nigeria’s then central bank governor Lamido Sanusi wrote to President Goodluck Jonathan claiming that the state oil company had failed to remit tens of billions of oil revenues it owed the state.
After the letter …
United States crude production is expected to be at its highest since 1986, according to information compiled from Bloomberg and the Energy Information Administration. The increased domestic production has allowed the U.S. to diminish its need for imports – a …
