Govt clears air on testing method for oil, gas findsApril 30, 2015 // 1 CommentThe government on Wednesday approved a clear policy for testing oil and gas flows to determine commercial viability of [...]
ONGC makes important discovery at Krishna Godavari basinApril 30, 2015 // 0 CommentsNEW DELHI – State-owned Oil and Natural Gas Corp (ONGC) on Wednesday said it has made another significant oil and gas [...]
European Chemical Producers profitable for nowApril 29, 2015 // 5 CommentsHOUSTON – Crude oil price swings in recent months, combined with a devalued euro, have created a volatile, but [...]
Fossil fuel industry must change profoundly, says former Shell bossApril 29, 2015 // 0 CommentsThe former chairman of Shell UK has argued the entire oil and gas industry needs to “strengthen its voice” in its [...]
Leaked oil in Tauranga Harbour came from Mobil pipelineApril 29, 2015 // 1 CommentHeavy fuel oil spilled from a ship bunkering at the Port of Tauranga has washed up along the shores of the city’s [...]
Oil supply glut snuffs early rally on Mideast tension, dollarApril 29, 2015 // 1 CommentNEW YORK – Oil prices remained under pressure on Tuesday, with Brent settling lower and U.S. crude near flat, as [...]
Refining helps BP and Total weather oil price stormApril 29, 2015 // 1 CommentLarge oil companies have closed down dozens of refineries in the past few years due to overcapacity. BP and Total reported [...]
Canada’s TORC Oil & Gas to buy Surge Energy assets for C$430 mlnApril 28, 2015 // 2 CommentsCanadian intermediate producer TORC Oil & Gas Ltd is buying light oil assets from Surge Energy Inc in the Canadian [...]
Mary Robinson: Developing nations must move rapidly beyond fossil fuelsApril 24, 2015 // 3 CommentsTackling climate change will require developing countries to move beyond fossil fuels far more quickly than the rich world [...]
PDVSA says Venezuela oil exports at 2.4-2.5 million bpdApril 23, 2015 // 2 CommentsORINOCO BELT – OPEC member Venezuela is currently exporting between 2.4-2.5 million barrels per day from national [...]