U.S. Rig Count Up for the First Time in Twenty Nine WeeksJune 30, 2015 // 3 CommentsIn its weekly release, Houston-based oilfield services’ company Baker Hughes Inc. (BHI – Analyst Report) reported a [...]
Rebels Recapture South Sudan’s Oil Hub MalakalJune 30, 2015 // 3 CommentsRebels in South Sudan recaptured the oil-pumping hub of Malakal, a setback to the embattled government’s effort to [...]
Malaysia, Ina record total trade of RM13.98b in Q1June 30, 2015 // 2 CommentsKUCHING – Malaysia and Indonesia recorded total trade amounting to RM13.98 billion in the first quarter of this year, [...]
Argentina judge orders asset seizure of Falklands oil firmsJune 29, 2015 // 1 CommentA federal judge in Argentina has ordered the seizure of assets of five companies drilling for oil in the Falkland Islands. [...]
Indonesia Sets Oil, Gas Production Targets for 2016June 25, 2015 // 2 CommentsIndonesia sets the country’s 2016 gas production target at 1.1 million to 1.3 million barrels of oil equivalent per [...]
PetroNeft: Significant Production Growth Expected in 2015June 25, 2015 // 4 CommentsJunior energy firm PetroNeft announced Tuesday, in its annual results statement for 2014, that it expects a significant [...]
CFOs will play critical role in the economic survival of the oil and gas industry, says ACCAJune 24, 2015 // 0 CommentsSINGAPORE – With oil prices slowly recovering from the dramatic fall last summer which forced global organisations to [...]
North Dakota’s oil rig count appears to have hit bottomJune 24, 2015 // 3 CommentsThe drilling rig count in North Dakota’s oil patch, a closely watched metric through which many attempt to divine [...]
Pemex confirms Gulf oil platform accident, impact unclearJune 24, 2015 // 2 CommentsMexico’s state-run oil company, Pemex, confirmed on Monday there was an accident on an oil platform at one of its [...]
Oil up as US crude contract expires; eyes on gasoline, GreeceJune 24, 2015 // 3 CommentsNEW YORK – Oil reversed losses to end slightly higher on Monday as short-covering ahead of the expiry of the [...]