Indonesia Sets Oil, Gas Production Targets for 2016 June 25, 2015 // 2 Comments Indonesia 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 2015 June 25, 2015 // 4 Comments Junior 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 ACCA June 24, 2015 // 0 Comments SINGAPORE – 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 bottom June 24, 2015 // 3 Comments The 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 unclear June 24, 2015 // 2 Comments Mexico’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, Greece June 24, 2015 // 3 Comments NEW YORK – Oil reversed losses to end slightly higher on Monday as short-covering ahead of the expiry of the [...]
Oil down 2 % on Greek worries, weaker products markets June 22, 2015 // 1 Comment NEW YORK – Crude oil fell about 2 % on Friday, the first decline after three days of gains, as worries over the Greek [...]
U.S. oil rigs decline, but up in Permian, Bakken: Baker Hughes June 22, 2015 // 0 Comments U.S. oil drillers this week added one rig each in the Permian and Bakken shale basins, data showed on Friday, another sign [...]
Nigeria’s Buhari advised to end fuel subsidy – sources June 22, 2015 // 5 Comments Nigeria’s new president, Muhammadu Buhari, has been advised by his transition committee to end a fuel subsidy [...]
Asia Pacific oil & gas companies to offer improved incentives despite budget cuts June 19, 2015 // 2 Comments In the face of declining oil prices forcing oil & gas companies around the world to trim budgets, the majority of Asia [...]