Peru's energy and mines ministry last week postponed until further notice the signing of a build, own, operate, and transfer contract with Belgium's Tractebel SA that covers the...
Shell Resources PLC, a wholly owned member of the Royal Dutch/ Shell Group, announced Apr. 2 an offer to purchase all shares of UK independent Enterprise Oil PLC for £4.3 billion...
Sen. Carl Levin (D-Mich.), chairman of the Senate Permanent Subcommittee on Investigations, said he will hold a series of hearings this month to update the public on his subcommittee...
US Gulf of Mexico deepwater production again hit record levels last year, with an estimated 335 million bbl of oil and 1.18 tcf of gas, said officials of the US Minerals Management...
A host of other amendments are in prospect for grafting onto the ballooning Senate energy bill (S. 1766 ). This list, provided by the Democratic Party's Policy Committee, excludes...
The Organization of Petroleum Exporting Countries' market share will likely rebound to 40%, according to Merrill Lynch & Co., and it will do so without an oil price war.
With the summer driving season approaching, US gasoline pump prices have gotten a head start on their expected increase. And the Organization of Petroleum Exporting Countries ...
According to a Mar. 3, 2002, story in the Houston Chronicle, "Half of American's believe there is a real energy shortage in this country" while "last summer, only a third thought...
The direction of the US natural gas market typically enjoys a consensus. Of course, in the oil and gas business, too much consensus on commodity price outlooks often invites the...