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, [...]
American Impact Energy acquires Permian Basin Acreage in Crockett County, TX February 27, 2015 // 1 Comment TEXAS – American Impact Energy has acquired over 18,000 prime leasehold acres in the Permian Basin. The leases are [...]
Unusual oil price fluctuations may impact oil and gas financial reporting February 27, 2015 // 1 Comment DENVER – When preparing financial statements for 2014, oil and gas exploration companies should consider five key [...]
Shell cancels tar sands project February 26, 2015 // 3 Comments Shell has cancelled plans for a major new tar sands mine in Canada. The company has withdrawn its application for the [...]
Oil up by 5% February 26, 2015 // 1 Comment NEW YORK – Brent crude oil futures surged 5% on Wednesday, after Saudi Arabia’s oil minister said oil demand was [...]
Analysts fear impact of the dip in oil price February 25, 2015 // 4 Comments In Oklahoma, a state that largely rode out the recession on a gusher of new-found oil, things may be about to change. Now it [...]
Obama vetoes Keystone oil pipeline bill February 25, 2015 // 3 Comments US President Barack Obama has vetoed a bill that would have approved construction of the Keystone XL oil pipeline. The [...]
Opec to call for an emergency meeting as price of crude oil dips February 24, 2015 // 4 Comments Opec is preparing to call an emergency meeting as oil producing nations fret over the slump in crude prices. Nigeria’s oil [...]
Libya resumes pumping crude February 24, 2015 // 1 Comment Libya has resumed pumping crude from the southeastern Sarir field to the Hariga port, a spokesman for the state oil operator [...]
Rocky Mountain Resources CEO oil market forecasts proven correct February 24, 2015 // 1 Comment CALIFORNIA – Rocky Mountain Resources CEO Chad Brownstein has again correctly predicted trends in the oil market. [...]