When this year’s North American International Auto Show opens to the public in Detroit on Saturday, visitors will be confronted with a scene that suggests carmakers are as confident as Continue Reading
Bakken Production Bakken production was up by 5,166 barrels per day to 1,119,380 bpd While all North Dakt0a was up 5,195 bpd to 1,176,314 bpd. North Dakota production has been Continue Reading
A week after beginning the year with its largest decline in months, the US drilling rig count dropped 14 units to 650 during the week ended Jan. 15, according to Continue Reading
Oklahoma has seen a dramatic uptick in earthquakes in recent years, and some residents refuse to sit idly by. On Monday, 14 residents of Edmond, Oklahoma filed a lawsuit against Continue Reading
Russian state gas giant PAO Gazprom reported a smaller-than-expected loss for the third quarter of last year, with the weak ruble boosting export revenues even as it caused a foreign-exchange Continue Reading
Russia’s budget is facing substantial risks from any further oil-price decline as crude is trading at a 12-year low, Prime Minister Dmitry Medvedev said Friday. “The dramatic movement of oil Continue Reading
Russian energy company Gazprom said it sold more natural gas to European companies and yielded more profit for the nine months ending Sept. 30. Gazprom reported financial figures, stating total Continue Reading
Russian Energy Minister Alexander Novak said on Friday coordinated oil production cuts with OPEC to support falling oil prices were unlikely and would be inefficient if they did happen anyway. Continue Reading
U.S. crude oil futures fell in Asian trade on Friday, heading lower after posting the first significant gains for 2016 in the previous session, as the prospect of additional Iranian Continue Reading
Oil prices rose Thursday as traders closed out positions following a sharp slide so far this month, but concerns about swelling U.S. inventories and increased Iranian output capped price gains. Continue Reading
