Oil

TEXAS – American Impact Energy has acquired over 18,000 prime leasehold acres in the Permian Basin. The leases are [...]

DENVER – When preparing financial statements for 2014, oil and gas exploration companies should consider five key [...]

Shell has cancelled plans for a major new tar sands mine in Canada. The company has withdrawn its application for the [...]

NEW YORK – Brent crude oil futures surged 5% on Wednesday, after Saudi Arabia’s oil minister said oil demand was [...]

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 [...]

US President Barack Obama has vetoed a bill that would have approved construction of the Keystone XL oil pipeline. The [...]

Opec is preparing to call an emergency meeting as oil producing nations fret over the slump in crude prices. Nigeria’s oil [...]

Libya has resumed pumping crude from the southeastern Sarir field to the Hariga port, a spokesman for the state oil operator [...]

CALIFORNIA – Rocky Mountain Resources CEO Chad Brownstein has again correctly predicted trends in the oil market. [...]

The gas and oil exploration industry should implement a consistent, cross-organizational system of project management to [...]

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