In its most recent Short-Term Energy and Winter Fuels Outlook, the US Energy Information Administration outlined that it expects US households heating with natural gas to spend...
QEP Energy Co., a wholly owned subsidiary of QEP Resources Inc., has entered into a definitive agreement to acquire oil and gas assets in the Permian basin from EnerVest Ltd.,...
Oryx Petroleum Corp., Calgary, has gauged a potentially commercial Jurassic oil and sour gas discovery at Ain Al Safra, its second oil discovery on the Hawler license in the northern...
Production averaged 46,600 b/d of oil equivalent in the fiscal first quarter ended Sept. 30 for Energy XXI (Bermuda) Ltd., Houston, including 29,700 b/d of oil.
Energy policies based on US oil and gas production steadily declining and imports steadily increasing need to be replaced with strategies that reflect growing unconventional and...
An oil and gas trade group has rejected a UK House of Commons committee recommendation to cut fossil-energy tax allowances that the committee described as subsidies.
An increasingly broad coalition plans to press Congress to repeal, or at least radically reform, the federal Renewable Fuels Standard, officials of several associations said the...
ColombiaPetroNova Inc., Calgary, has spudded Canelo Sur-2, first exploratory well on the PUT-2 block in the Putumayo basin in Colombia.PetroNova, operator with a 75% working interest...
Soon after the Organization of Petroleum Exporting Countries held its regular ministerial meeting Dec. 4 in Vienna, the usual question was asked: Does its decision to maintain...
With movement of oil by rail rising sharply, producers and refiners have corresponding interest in developments affecting an industry on which they increasingly depend.