Top CommentariesThe Fate of Alberta's Oil and Gas IndustryPeak Oil ReviewOur energy supply: some basicsThe Energy Report: The Great Fire Wall of ChinaRig CountTop News StoriesEnergy bills to go up with tough EU clampdown on greenhouse gas emissionsU.S. Saved $600M by Halting 2008 Petroleum Reserve FillUS House Panel To Hold Hearing On China Currency SituationChina Knows Its Duties Regarding Iran Nuclear Issue -Saudi MinNigerian Militants Bomb Government BuildingsEIA DISCUSSION ARTICLE |
Featured Articles for Mar 16, 2010Forecast & AnalysisOil Production Gets TougherAbu Dhabi, the emirate that holds almost all of the United Arab Emirates' oil reserves, has ambitious plans to boost oil-production capacity to 3.5 million barrels a day by 2017 from about 2... Full Story OPEC Is In Control With Crude Around $80/BarrelNEW YORK (Dow Jones)--The U.S. is consuming less OPEC crude, but it is paying higher prices for it, largely due to the group's success in restraining supply as demand creeps higher... Full Story OPEC Expands Oil Rig Drilling the Most Since 2007March 15 (Bloomberg) -- OPEC is increasing oil drilling at the fastest rate in 2 1/2 years, even as production exceeds its quotas by the equivalent of a supertanker of crude a day and... Full Story Crude Shipping Costs Up On Rise In Cargo Demand[Dow Jones] Costs to ship crude from the Middle East Gulf to Asia rose last week with over 80 cargoes booked from the region in March, the most for a single month since August, writes Dahlman Rose... Full Story DJ ENERGY MATTERS: Public-Transit Use Falls As Job Losses RiseBy David Bird A DOW JONES NEWSWIRES COLUMN NEW YORK (Dow Jones)--Ridership on U.S. public transit fell 3... Full Story Likely winners from Alberta royalty changesMarch 12 (Reuters) - Alberta, one of the largest suppliers of oil and natural gas to the United States, yielded to industry pressure on Thursday and cut the royalties it charges for conventional... Full Story Top StoriesEnergy bills to go up with tough EU clampdown on greenhouse gas emissionsEnergy bills will rise but thousands of jobs could be created in green industries under a European plan to impose the world’s most stringent restrictions on greenhouse gas emissions... Full Story U.S. Saved $600M by Halting 2008 Petroleum Reserve FillCongressional action that stopped U.S. purchases of crude oil for the Strategic Petroleum Reserve in 2008 saved taxpayers more than $600 million, according to the Energy Department. Sens... Full Story US House Panel To Hold Hearing On China Currency SituationWASHINGTON (Dow Jones)--A House panel is to hold a hearing into the ongoing controversy over China's foreign-exchange rate policy... Full Story China Knows Its Duties Regarding Iran Nuclear Issue -Saudi MinRIYADH (AFP)--China fully knows what it should do as a global power in the effort to halt Iran's nuclear push, Saudi Foreign Minister Saud al-Faisal said in an interview published Monday... Full Story Nigerian Militants Bomb Government BuildingsABUJA, Nigeria (Dow Jones)--Nigerian militant group the Movement for the Emancipation of the Niger Delta, or MEND, said Monday it was responsible for two bombs detonated at the Delta... Full Story Nigeria approves $1 bln disbursal from oil savingsBy Camillus Eboh ABUJA, March 12 (Reuters) - Nigeria's Acting President Goodluck Jonathan on Friday approved the disbursal of a further $1 billion from the country's windfall oil savings,... Full Story FinancialOil Drops To 2-Week Low On Caution Over EconomyNEW YORK (Dow Jones)--Crude oil prices dropped to a low of almost two weeks Monday as traders were cautious about the economic outlook ahead of a key interest-rate policy meeting of the U.S... Full Story GAS: Futures End Nearly Flat On Bargain-Buying, WeatherNEW YORK (Dow Jones)--Natural gas futures ended nearly unchanged Monday, wavering as bargain-buying counterbalanced a temperate weather outlook for the U.S. over the next few weeks... Full Story Nymex Gas Slips On Mild Weather, Supplies[Dow Jones] Nymex gas slips as mild weather forecasts and ample supplies pressure the market lower... Full Story Crude Dips Below $80/Bbl On Economy WorriesNEW YORK (Dow Jones)--Crude futures dipped below $80 a barrel Monday as worries over the health of the economy led investors out of riskier assets, such as oil, and into the safety of... Full Story US GAS: Futures Settle Lower On Weather, InventoriesBy Christine Buurma Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Natural gas futures settled at their lowest price in more than three months Friday, pushed lower by a mild... Full Story OIL FUTURES: Crude Off Recent Highs On Doubts About EconomyBy Brian Baskin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Crude futures dropped Friday as conflicting signals about the U.S... Full Story ReleasesExxon, Oil Search Gas Project Completes Financing ArrangementsMarch 15 (Bloomberg) -- The Exxon Mobil Corp.-led liquefied natural gas project in Papua New Guinea has completed agreements with lenders to finance the $15 billion venture, the company said... Full Story TECO Energy Announces Closing of Public Offering of $550 Million of NotesTECO Energy, Inc. (NYSE:TE) ("TECO Energy") announced today that its wholly owned subsidiary, TECO Finance, Inc... Full Story Petrobras Will Raise Up to $60 Billion in Share IssueMarch 15 (Bloomberg) -- Petroleo Brasileiro SA, Brazil’s state-run oil company, will issue as much as $60 billion of new stock, most of which will go to the government in exchange for oil... Full Story Petrohawk Announces Sale of Terryville Field for $320 MillionHOUSTON,, March 15 /PRNewswire-FirstCall/ -- Petrohawk Energy Corporation ("Petrohawk" or the "Company") (NYSE:HK - News) today announced that it has entered into a definitive agreement to sell... Full Story Grid Petroleum Acquires Natural Gas Assets In WyomingLONDON--(BUSINESS WIRE)--Grid Petroleum Corp. (OTC... Full Story Shell starts maintenance at Scotford upgrader* Begins major maintenance at Scotford upgrader * No details available on duration of shutdown CALGARY, Alberta, March 15 (Reuters) - Royal Dutch Shell plc (RDSa... Full Story |
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