Cheap oil to boost profit March 13, 2015 // 4 Comments Europe’s largest oil companies are gaining support from an unlikely source as they confront the industry’s worst [...]
Oil factsheet March 13, 2015 // 2 Comments Oil is changing. Conventional oil resources are dwindling as tight oil, oil sands, heavy oils, and others emerge. [...]
Output of oil and gas in Western Canada declines March 12, 2015 // 1 Comment Oil and natural gas production from frontier prospects in the Northwest Territories is on a steady decline, federal Canadian [...]
Can increase of oil price help India’s economy March 12, 2015 // 1 Comment India’s economy is on a tear at the moment and, if the International Monetary Fund (IMF)’s forecasts are [...]
Scotland to depend more on taxpayers now that oil price has dropped March 12, 2015 // 5 Comments Scotland could become far more dependent on UK taxpayers as a sharp drop in oil prices threatens to deepen its public [...]
Oil regions in the US bracing for more bankruptcies March 11, 2015 // 2 Comments There are more signs that the North American oil boom, and the lower gas prices it brought with it, is running out [...]
Iraq plans to slash southern oil exports March 11, 2015 // 1 Comment Iraq plans to reduce crude oil exports from its southern ports in April to 2.4 million barrels per day (bpd), down from 2.65 [...]
Oil prices in danger of slipping again March 10, 2015 // 1 Comment Crude oil stored in barrels and tankers is seeping back into the global market. Traders who have been stashing supplies in [...]
Traders cash out on tanker-stored oil as prices rise March 9, 2015 // 4 Comments Traders who have been storing oil since the start of the year are selling some supplies back into the market, completing a [...]
Lower investment as oil price dips March 9, 2015 // 4 Comments WITH oil prices expected at relatively low levels over the next two years, private investments are expected to come off the [...]