ONGC makes important discovery at Krishna Godavari basin April 30, 2015 // 0 Comments NEW DELHI – State-owned Oil and Natural Gas Corp (ONGC) on Wednesday said it has made another significant oil and gas [...]
European Chemical Producers profitable for now April 29, 2015 // 5 Comments HOUSTON – Crude oil price swings in recent months, combined with a devalued euro, have created a volatile, but [...]
Fossil fuel industry must change profoundly, says former Shell boss April 29, 2015 // 0 Comments The former chairman of Shell UK has argued the entire oil and gas industry needs to “strengthen its voice” in its [...]
Leaked oil in Tauranga Harbour came from Mobil pipeline April 29, 2015 // 1 Comment Heavy fuel oil spilled from a ship bunkering at the Port of Tauranga has washed up along the shores of the city’s [...]
Oil supply glut snuffs early rally on Mideast tension, dollar April 29, 2015 // 1 Comment NEW YORK – Oil prices remained under pressure on Tuesday, with Brent settling lower and U.S. crude near flat, as [...]
Refining helps BP and Total weather oil price storm April 29, 2015 // 1 Comment Large oil companies have closed down dozens of refineries in the past few years due to overcapacity. BP and Total reported [...]
Canada’s TORC Oil & Gas to buy Surge Energy assets for C$430 mln April 28, 2015 // 2 Comments Canadian intermediate producer TORC Oil & Gas Ltd is buying light oil assets from Surge Energy Inc in the Canadian [...]
Mary Robinson: Developing nations must move rapidly beyond fossil fuels April 24, 2015 // 3 Comments Tackling climate change will require developing countries to move beyond fossil fuels far more quickly than the rich world [...]
PDVSA says Venezuela oil exports at 2.4-2.5 million bpd April 23, 2015 // 2 Comments ORINOCO BELT – OPEC member Venezuela is currently exporting between 2.4-2.5 million barrels per day from national [...]
Argentina launches lawsuit against Falklands oil drillers April 23, 2015 // 2 Comments Argentina announced on Friday it had started legal proceedings in one of its own courts against five companies, including [...]