US pumping oil more than it ever has since 1972 March 5, 2015 // 1 Comment 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 [...]
Militants seize a few of Libya oil fields 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 [...]
Sarawak to negotiate for more oil and gas royalty from Petronas March 4, 2015 // 1 Comment KUCHING – Sarawak will continue to negotiate with Petronas for better royalty for its oil and gas, said Chief Minister [...]
Cal Dive files for bankruptcy March 4, 2015 // 0 Comments Offshore oil and gas contractor Cal Dive International said the company and its U.S. subsidiaries filed for voluntary [...]
Oil price rebounds to US$62 per barrel March 4, 2015 // 1 Comment The oil price rebounded by more than US$2 towards US$62 a barrel today following reports of fierce fighting between Libyan [...]
Moody’s releases Asian oil and gas compendium March 3, 2015 // 3 Comments KUALA LUMPUR- New York-headquartered Moody’s Investors Service has just released its Asian oil and gas compendium, [...]
Oil approaches US$61 in Asia February 27, 2015 // 4 Comments Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in [...]
Southeast Asia enjoys cheap oil February 27, 2015 // 7 Comments SINGAPORE – Oil prices will likely spiral to US$31 (S$42.02) per barrel by the end of the first quarter due to rising [...]
Asian Oil and Gas industry experts convened in Yangon for prize ceremony February 27, 2015 // 2 Comments YANGON – The 5th Myanmar Oil and Gas Summit and Exhibition (OGEX) 2015 is Myanmar’s most established and leading [...]
Drillinginfo launches new oil & gas production index February 27, 2015 // 1 Comment AUSTIN – Drillinginfo, Inc., the leading SaaS and data analytics company for energy exploration decision support, [...]