Åsgard B gas platform operator Statoil ASA completed testing last month to determine the cause of vibrations in the export pipelines from the Norwegian Sea platform.
Analysts are again ratcheting up their oil price forecasts. The emerging confluence of economic, market, and geopolitical factors is making a prediction of higher prices a safer...
Canadian government and industry officials visited Washington, DC, earlier this month, shortly after the US Senate finished debating a sweeping energy reform package that could...
Oil recovery factors for many of the world's oil fields have improved over the years, but implementing new technologies, expanding existing technologies to other reservoirs, and...
Energy demand is growing in developing countries that may be hindered by the lack of investment in exploiting their own energy resources, said a panel of industry experts at the...
Oil market fundamentals point to significant future tightening in the market, says the International Energy Agency. The Paris-based agency notes that crude prices already reflect...
