If the country that led the world into recession also must lead the way back to stable growth, oil exporters must act soon to lower the price of crude oil.
Front-month crude prices waffled in late December, dropping below $90/bbl Dec. 30 before rebounding to $91.38/bbl Dec. 31 in the last trading session of 2010 in New York.
Enhanced-Performance GatewayHere's the new FieldConnex diagnostic gateway, which is designed to enhance interoperation between individual advanced diagnostic modules (ADMs) of...
The offshore oil and gas industry has long envisioned floating production, storage, and offloading vessels (FPSOs) working on deepwater Gulf of Mexico oil fields.
Excalibur Ventures LLC has gone to court in New York and London with claims of entitlement to a 30% stake in Gulf Keystone Petroleum's oil assets in Iraq's northern Kurdistan ...
Thirteen US offshore producers whose deepwater operations were suspended last year during US Interior Sec. Ken Salazar's moratorium may be able to resume previously approved activities...
Worldwide sales of upstream oil and gas properties reached a record $107 billion in 2010, a 160% increase above 2009 transactions, according to preliminary figures by IHS Inc....
The eastern Mediterranean Sea is the scene of stepped-up interest on the part of governments in the region, most of them piqued by recent discoveries of oil and gas off Israel...
ColombiaPetroamerica Oil Corp., Calgary, will acquire participating interests from a Talisman Energy Inc. unit in four Llanos basin exploratory blocks in Colombia.Cepsa Colombia...
