TransCanada scraps Quebec oil port, delays Energy East pipeline April 3, 2015 // 1 Comment TransCanada Corp , the company behind the controversial Keystone XL pipeline, is scrapping plans for a Quebec oil-export [...]
U.S. oil production growth in 2014 was largest in more than 100 years April 2, 2015 // 4 Comments U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 [...]
Oil down as Iran races for Tuesday deadline on nuclear deal April 2, 2015 // 1 Comment Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on [...]
Why Chesapeake is doing even worse than oil and gas peers April 1, 2015 // 0 Comments It has been a little over two years since Aubrey McClendon said farewell to Chesapeake Energy Corp. (NYSE: CHK), the company [...]
Venezuela slashes oil shipments to Cuba, Caribbean in half April 1, 2015 // 5 Comments Venezuela has cut in half its subsidized shipments of crude oil to Cuba and Petrocaribe member nations to 200,000 barrels [...]
Texas natural gas, oil production down in latest reporting periods: regulator March 31, 2015 // 1 Comment Texas’ average rig count and production of oil and gas fell in the latest available reporting periods, the [...]
Reuters Poll: Oil prices to stabilize as demand rises March 31, 2015 // 2 Comments Oil prices should stabilise in the second half of this year and rise in 2016 and 2017 as consumers respond to a period of [...]
India makes first crude oil purchase for strategic reserve March 31, 2015 // 1 Comment India has bought the first oil for its strategic petroleum reserve (SPR), trade sources said on Monday, marking the start of [...]
Oil prices fall more than US$1 as supply threat eases March 30, 2015 // 1 Comment SINGAPORE – Oil prices fell more than US$1 on Friday, after sharp gains in the prior session, as worries of a [...]
Russian superhighway to connect London to New York March 27, 2015 // 4 Comments Russia has unveiled ambitious plans to build a superhighway that, in theory, could make it possible to drive from London on [...]