Front-month crude plunged $10.52/bbl Sept. 29 as the House of Representatives rejected a $700 billion plan to resolve the most severe threat to the US economy since the Great ...
Pressure on domestic wholesale natural gas prices this winter heating season will mirror last year’s because producers have drilled more wells, and technology has helped them ...
Last month the African Union Commission and the European Commission jointly established an Africa-European Union energy partnership that could attract more than €1 billion in ...
General Interest Quick TakesDeutsche Bank updates oil, gas price forecastsA research report released Oct. 3 by Deutsche Bank sees room for oil prices to continue to decline....
Innovative entrepreneur Gennady “Gene” Moshkovich has established several companies that cater to various aspects of the oil industry, especially desulfurization: He currently...
Chesapeake Energy Corp., Oklahoma City, along with Petrohawk Energy Corp. and ATP Oil & Gas Corp., both of Houston, are cutting their drilling budgets and focusing on their best...
Egypt has awarded a drilling contract to the recently formed Egyptian Offshore Drilling Co. (EODC), a joint venture of Toyota Tsusho 50%, Egyptian Natural Gas Holding Co. 35%,...
Indonesia’s declining oil production, as well as its recent departure from the Organization of Petroleum Exporting Countries, is the result of political uncertainty in the country...
Environmental cleanup funds rarely generate much attention. But the Oil Field Cleanup Fund (OFCU), under authority of the Texas Railroad Commission, (RRC) has been the subject...
Rift Oil PLC reported a flow of 29.2 MMcfd of gas during a test in its Puk Puk-1 wildcat on Papua New Guinea permit PPL 235 in the country’s Western Province.
MOGAS Industries Inc.,KorporaalClick here to enlarge imageHouston, has appointed two new key executives. Ton Korporaal is the company’s new refining and hydrocarbons industry ...
New software suite aids sesimic computing efficiencyNewly released CUDA 2.0, the latest version of C language programming environment for graphics processing units, enables software...
While addressing mortgage debt deemed “toxic” in a desperate effort to rescue the US economy, Congress somehow saw fit to raise toxicity of the political climate for oil and natural...
Limitations in the original Ln-Sec equation prompted development of a modified equation better suited thru the original equation for remaining life assessments.
Nido Petroleum Ltd., Perth, said its Yakal-1 wildcat in SC54 of the Northwest Palawan basin off the Philippines has encountered a 66-m gross oil column.
Eni SPA plans to develop on a fast-track basis its offshore discoveries in the Sicilian Strait following test results of 170,000 cu m/day of natural gas from the Argo 2 well.
Reliance Industries Ltd., Mumbai, and Niko Resources Ltd., Calgary, began a new chapter in India’s hydrocarbon production with the startup of MA oil field in the Krishna-Godavari...
