News
Saturday, February 4, 2012 - 00:09
Brent crude prices rose to a near three-month peak on Friday in heavy volume trading after a report showed the US economy in January created jobs at the fastest pace in nine months, fuelling hopes of stronger demand in the top petroleum-consuming nation.
Saturday, February 4, 2012 - 00:00
Representative Lee Terry (R-NE) has introduced legislation that would require the Federal Energy Regulatory Commission (FERC) to issue a permit for the Keystone XL pipeline within 30 days of receiving the application, if the project is deemed s.......
Friday, February 3, 2012 - 23:53
Calgary-based Cougar Oil & Gas has obtained protection from creditors after it was unable to pay a regulatory fee when a potential buyer of some of its assets defaulted on its agreement.
Friday, February 3, 2012 - 23:20
The Obama administration scaled back plans Friday to allow companies to search for hard-to-extract oil deposits on federal land.
Friday, February 3, 2012 - 22:48
Petrobras has made a new high-quality oil and gas discovery in the Solimoes basin in Brazil's Amazonas state, the company said Friday afternoon.
Friday, February 3, 2012 - 22:32
The US government will require natural gas drillers to disclose which chemicals they use in hydraulic fracturing on public lands, according to draft rules crafted by the Interior Department.
Friday, February 3, 2012 - 21:25
Privately held Bounty Developments has spudded the first well of its current oil sands coring programme as the company prepares to apply for permit for a 10,000 to 12,000 barrel per day steam-assisted-gravity-drainage project ion Alberta.
Friday, February 3, 2012 - 21:21
Echoing President Obama’s State of the Union call for an “all of the above” energy strategy, the Department of the Interior has marked a major milestone for offshore wind energy along the Atlantic coast.
....Friday, February 3, 2012 - 20:45
Southern California Edison (SCE), operator of the San Onofre Nuclear Generating Station, continues to plan for the repair of the steam generator tube leak in Unit 3 following a precautionary shutdown.
....Friday, February 3, 2012 - 20:45
ExxonMobil and OMV unit Petrom have detected natural gas in the Domino-1 well they are drilling in the Romanian sector of the Black Sea, according to reports.