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Russian energy company Gazprom said that the increase in first half sales were driven in large part by its conventional European consumer base.

Posted By : Robert W. 18 hours 24 minutes ago
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Times of India reported that South Gujarat Petroleum Dealers Association has demanded stringent action against the oil mafia stealing thousands of litres of petroleum products from the tankers parked outside IOCL, BPCL...

Posted By : Robert W. 18 hours 26 minutes ago
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China's nationalist tabloid Global Times reported that India's Oil and Natural Gas Corporation is ready to move an oil platform into the South China Sea to help the Vietnamese government explore for natural resources...

Posted By : Robert W. 18 hours 27 minutes ago
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According to a report by AT Kearney Inc’s oil and gas consulting practice in Dubai The Americas will take the brunt of any cuts in oil production as Iran increases output once international sanctions are lifted.

Posted By : Robert W. 18 hours 29 minutes ago
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Reuters reported that oil prices fell sharply on Tuesday after official data showed China's manufacturing sector, one of the main engines powering the world's biggest energy consumer, contracted at its fastest pace in...

Posted By : Robert W. 18 hours 30 minutes ago
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There’s a gasoline shortage in Nova Scotia that has left some of the busiest gas stations in Atlantic Canada without fuel.

Posted By : Robert W. 18 hours 32 minutes ago
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Power Source reported that natural gas production is expected to slow this month for the first time across the country as drillers struggle against low commodity prices and oversupply.

Posted By : Robert W. 18 hours 40 minutes ago
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Bloomberg reported that South Africa’s ruling African National Congress urged the government to approve planned changes to laws for the oil and gas industry to help speed up development and resolve power shortages.

Posted By : Robert W. 18 hours 43 minutes ago
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According to experts, the discovery of a massive gas field off Egypt’s coast is set to boost the country’s flagging economy and popularity of President Mr Abdul Fattah Al Sissi.

Posted By : Robert W. 18 hours 45 minutes ago
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ExxonMobil Lubricants Private Limited, a subsidiary of Exxon Mobil Corporation shared a perspective on effective lubrication practices and the need for guidelines on industrial lubrication in India’. Every year...

Posted By : Robert W. 1 day 17 hours 20 minutes ago
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Mr Datuk Seri Anifah Aman, Foreign Minister, said that Petronas may positively consider to participate in joint gas exploration at the border areas of Venezuela and Trinidad and Tobago.

Posted By : Robert W. 1 day 17 hours 37 minutes ago
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Mr N K Verma, MD of ONGC Videsh Limited, said that he natural gas sold from the yet-to-be-built LNG terminal at Mozambique will not be viable at a price below USD 9 to USD 10 per million metric British thermal units.

Posted By : Robert W. 1 day 17 hours 39 minutes ago
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Reuters reported that Asian LNG prices could fall a further 25% in coming months as new supply, falling demand and weaker oil prices put it on par with iron ore and coal as the worst performing commodity of recent years.

Posted By : Robert W. 1 day 17 hours 41 minutes ago
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Bloomberg reported that for investors brave enough to wade into Russia, a once-promising emerging market turned economic outcast, oil stocks might offer the right balance between risk and reward.

Posted By : Robert W. 2 days 1 hour 9 minutes ago
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The Wall Street Journal reported that Canadian Oil Sands Limited, the largest owner of the giant Syncrude oil-sands project, said on Sunday that it has halted production after a fire damaged equipment at its synthetic...

Posted By : Robert W. 2 days 1 hour 17 minutes ago
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A senior government official said that South Korea will consider increasing its imports of Iranian crude oil and condensate when sanctions on Tehran are lifted.

Posted By : Robert W. 2 days 1 hour 22 minutes ago
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Mr Dharmendra Pradhan, Petroleum Minister of India, reportedly said that the government would soon finalise formula to calculate premium on gas pricing for difficult blocks.

Posted By : Robert W. 2 days 1 hour 27 minutes ago
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The Express Tribune reported that the Associated Chambers of Commerce and Industry of India has suggested that India should take advantage of the removal of western sanctions on Iran and should bypass Pakistan to import...

Posted By : Robert W. 2 days 1 hour 30 minutes ago
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BBC News reported that the Culzean field is expected to produce enough gas to meet 5% of the UK's needs when it reaches peak production.

Posted By : Robert W. 2 days 1 hour 36 minutes ago
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Officials said that at least 11 people were killed on Sunday in a large fire at a residential compound housing employees of Saudi Arabia’s state-owned oil giant, Saudi Aramco.

Posted By : Robert W. 2 days 1 hour 41 minutes ago
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