Canadian companies Suncor and Canadian Oil Sands Ltd. announced their merger was completed under the terms of a hostile offer launched last year. Both companies announced the end of the Continue Reading
U.S. refinery issues and recovery for oil prices means retail gasoline prices are closing in on their highest levels since December, market analysis finds. Motor club AAA reports a national Continue Reading
Well age reflects the difference between the calendar year and the year the well started producing. U.S. crude oil production from the Lower 48 states from new wells (drilled since Continue Reading
More government regulations are impacting the offshore sector’s outlook, possibly hampering the recovery. G. Allen Brooks’ examines several of the recent Obama administration actions. This opinion piece presents the opinions Continue Reading
More cash, lower targets and bigger share awards – not all U.S. energy bosses are feeling the full impact of tumbling oil prices in their paychecks. Some oil and gas Continue Reading
Here’s Why This Is Only the Fourth Time Oil Has Tanked For oil companies, the legacy of $100 crude is starting to run dry. A wave of projects approved at Continue Reading
Oil and gas exploration company Emerald Oil Inc. filed for bankruptcy protection Tuesday night, the latest victim of stubbornly low oil prices. The Denver-based company, along with four affiliates, filed Continue Reading
Russia’s ruble rose with oil, reversing earlier declines triggered by deadly attacks in Brussels at the main airport and a subway station. The ruble strengthened 0.8 percent to 67.286 per Continue Reading
Russian oil company Gazprom Neft said it reached a milestone with production at its Arctic Prirazlomnoye field with its 10 millionth barrel of oil. “The 10-millionth barrel of oil is Continue Reading
An influential group of scientists led by James Hansen, the former NASA scientist often credited with having drawn the first major attention to climate change in 1988 congressional testimony, has Continue Reading
