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Reuters reported that Iraq's semi-autonomous Kurdistan region has ramped up independent oil sales since mid-June while cutting allocations to Iraq's state oil firm SOMO in an escalating dispute over export rights and...

Posted By : Robert W. 13 hours 25 minutes ago
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The Wall Street Journal reported that rebels in South Sudan recaptured the oil-pumping hub of Malakal, a setback to the embattled government’s effort to regain control of the top industry in a country slipping deep...

Posted By : Robert W. 13 hours 34 minutes ago
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Britain said that any attempt by Argentina to seize the assets of oil drillers operating in the disputed Falkand Islands would be unlawful after Buenos Aires said it would pursue a local judge's order against 6 firms.

Posted By : Robert W. 13 hours 40 minutes ago
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The Wall Street Journal reported that the amount of crude stored at the world’s largest oil-trading hub has hit a two-year high, according to data released on Monday, in another sign that the world has an oversupply...

Posted By : Robert W. 13 hours 44 minutes ago
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Times of India reported that in March, the central government began a concerted campaign, Give It Up, to encourage 'the affluent' to forego subsidized cooking gas. Prime Minister Narendra Modi, time and again, appealed...

Posted By : Robert W. 13 hours 47 minutes ago
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Business Line reported that the Rajasthan government has laid claim on Cairn India’s Barmer gas, making it difficult for the Anil Agarwal Group company to sell the fuel outside.

Posted By : Robert W. 13 hours 51 minutes ago
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JTA reported that the Israeli Knesset is set to vote on a recent Cabinet decision to override the Antitrust Authority and enact a controversial agreement on the development of Israel’s offshore natural gas reserves.

Posted By : Robert W. 13 hours 54 minutes ago
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Mr Dmitry Medvedev, PM of Russia, said, a day before Russia's energy minister goes to Vienna for gas talks, that Russia proposes keeping the gas price for Ukraine unchanged in the third quarter.

Posted By : Robert W. 13 hours 56 minutes ago
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The Guardian reported that be in no doubt, it is a seismic decision. Nine county councillors have defied the full-throated backing of David Cameron, well over £100m of spending from shale gas firm Cuadrilla and their...

Posted By : Robert W. 14 hours ago
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It is reported that the United States has overtaken Saudi Arabia as the world’s biggest oil producer in 2014 while India has recorded the highest growth in energy consumption among major economies.

Posted By : Robert W. 14 hours 4 minutes ago
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Financial Times reported that executives from Royal Dutch Shell and Eni have met Iranian officials in Tehran to discuss investing in the country’s energy industry, the first time international oil groups have publicly...

Posted By : Sanju Moirangthem 1 day 2 hours 44 minutes ago
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Witnesses and residents said that Yemen's Houthi fighters fired missiles at storage tanks at an Aden refinery on Saturday, starting a large fire, and 14 people were killed in clashes between the Houthis and Saudi-led...

Posted By : Sanju Moirangthem 1 day 2 hours 50 minutes ago
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Investing.com reported that natural gas futures fell sharply on Friday, as forecasts for mild weather across the US in the weeks ahead dampened demand expectations for the fuel.

Posted By : Robert W. 1 day 11 hours 49 minutes ago
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ET Now: Is your steel pipe business looking strong? What is the outlook for US, your main business hub, for the next 12-24 months? BK Mishra: First and foremost, the fire is not yet out. With oil prices going down,...

Posted By : Steelguru 1 day 3 hours 49 minutes ago
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In the rapidly changing geopolitical environment, Saudi Arabia and Russia are forging ahead, fostering a closer relationship, in major sectors including the all important energy sector.

Posted By : Robert W. 1 day 11 hours 28 minutes ago
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Police and company officials said that gunmen shot dead a senior oil official working for Iraq's state-run North Oil Company on Sunday.

Posted By : Robert W. 1 day 11 hours 33 minutes ago
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The cabinet on Sunday voted to override decisions made by the Antitrust Authority that would have limited its ability to implement a controversial agreement on the country’s natural gas.

Posted By : Robert W. 1 day 11 hours 37 minutes ago
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Daily News Egypt reported that Egypt’s average natural gas production declined this year to 4.395 billion cubic feet per day, compared to about 4.6 billion cubic feet in 2014.

Posted By : Robert W. 1 day 11 hours 42 minutes ago
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Mr Daniel Mitov, Foreign Minister of Bulgaria, pointed to the planned gas interconnector between Bulgaria and Greece as having the potential to break Russian monopoly.

Posted By : Robert W. 1 day 11 hours 55 minutes ago
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According to Baker Hughes Inc, marking the 29th straight week of declines, the US oil-rig count fell by three to 628 in the latest week.

Posted By : Robert W. 3 days 11 hours 38 minutes ago
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USDValueDoDWoWMoMQoQYoY
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GBP0.6360.0000.006-0.263-0.0340.034
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JPY122.298-0.595-0.7351.1842.51820.157
RUB55.7840.5402.2656.084-3.05520.147
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