Oil

March 6, 2015 // 4 Comments

A dozen wells used to pump oil and gas in California’s Central Valley have been ordered to stopproduction to [...]

March 6, 2015 // 4 Comments

Oil closed lower on Thursday in volatile trade, as a soaring dollar and the U.S. pursuit of an Iranian nuclear deal offset [...]

March 5, 2015 // 6 Comments

OHIO – Industry representatives voiced opposition March 3 to Gov. John Kasich’s proposed tax increase on oil and [...]

The U.S. is pumping oil faster than at any time since 1972, and storage tanks are getting filled to the brim. U.S. oil [...]

March 5, 2015 // 2 Comments

Islamist militants are reported to have seized two oil fields in central Libya, as rival groups fight for control of the [...]

KUCHING – Sarawak will continue to negotiate with Petronas for better royalty for its oil and gas, said Chief Minister [...]

March 4, 2015 // 6 Comments

Offshore oil and gas contractor Cal Dive International said the company and its U.S. subsidiaries filed for voluntary [...]

March 4, 2015 // 3 Comments

The oil price rebounded by more than US$2 towards US$62 a barrel today following reports of fierce fighting between Libyan [...]

March 3, 2015 // 3 Comments

KUALA LUMPUR- New York-headquartered Moody’s Investors Service has just released its Asian oil and gas compendium, [...]

Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in [...]