Global oil consumption will increase by just 0.6%, representing a decline of 1.3% in Organization for Economic Cooperation and Development countries and an increase of 2.3% in...
As part of a large operational improvement program for its refining and marketing division, Eni SPA, with the support of the Boston Consulting Group (BCG), developed a new strategy...
All Russian gas supplies through Ukraine were shut down early Jan. 7 in a further escalation of the OAO Gazprom-Naftogaz pricing dispute, leaving some European Union and Balkan...
Europe has stopped receiving gas supplies from Russia via Ukraine amid the bitter dispute that Russia’s OAO Gazprom is embroiled with Ukraine over unpaid bills and prices for ...
Moody’s Investors Service has changed its outlook of the independent exploration and production industry to negative, citing the “precipitous decline” in oil and natural gas prices...
ExxonMobil Pipeline Co. agreed to pay more than $6 million in fines for a 2006 oil products spill near its Everett, Mass., terminal, the US Department of Justice said on Dec. ...
Gas companies are uncertain whether to make LNG investments as gas demand falls due to high prices and the economic downturn, speakers said at the CWC LNG summit in Barcelona....
The Gas Exporters Countries Forum (GECF), a group of the world’s largest natural gas suppliers, has established a charter and chosen Doha as the home for its permanent secretariat...
In a move with dire implications for exploration and production on federal land, the US Senate returned to business as usual as the 111th Congress began work.
Indonesia’s LNG production is projected to decrease by more than 2% in 2009, largely due to a decline in the supply of natural gas to the country’s Bontang LNG facility.
General Interest Quick TakesSEC approves reserves reporting requirementsThe US Securities and Exchange Commission unanimously approved changes to its reporting requirements ...
Publicly traded producers were elated when the US Securities and Exchange Commission (SEC) adopted new oil and gas reserves disclosure regulations Dec. 29, 2008.
Demand patterns for global LPG trade will change in the near term, according to New York-based Poten & Partners, a global broker and commercial advisor for energy and ocean transportati...
Mexico’s Petroleos Mexicanos has awarded four contracts worth a total $154 million for the construction of 344 drilling pads and access roads in the Chicontepec region.
US President-elect Barrack Obama picked several environmentalists and climate-change advocates to form his administration, and that has prompted some heated comments, both pro...
