A band of saboteurs that calls itself the Niger Delta Avengers has been prowling the swamps of Nigeria’s petroleum-rich south for four months, bombing pipelines and diving underwater to destroy Continue Reading
A Continental Resources production site in Oklahoma’s so-called Stack oil region. America’s oil and gas producers are still finding places where they can prosper even at today’s lower prices. Companies Continue Reading
A multi-car oil train derailed in northern Oregon on Friday, about 70 miles (110 km) outside of Portland, officials confirmed, though there were no initial reports of injuries. Black smoke Continue Reading
North Sea oil companies are poised to make even deeper cuts to the embattled workforce this year as almost half say that costs need to fall further to manage the Continue Reading
Alberta Tar Sands Seventy-four years after the birth of Curtis Mayfield, and oil prices are struggling to move on up, despite a wilting dollar due to a shocker of a Continue Reading
Brent crude, the international benchmark, bobbed at the $50 barrel mark in Asian trade Friday as traders weighed their options between the upbeat U.S. oil data, the resumption of Canadian Continue Reading
The price of crude bounced back below the $50 mark Friday after the latest figures from the U.S. Labor Department suggested growth may have peaked. The U.S. Bureau of Labor Continue Reading
There are two ways of looking at the OPEC meeting in Vienna, and neither is wrong. Firstly it was a success as the Saudis and Iranians managed to be relatively Continue Reading
Saudi Arabia’s powerful deputy crown prince is expected to visit Washington in mid-June for talks with top U.S. officials, possibly including President Barack Obama, amid growing friction between the longtime Continue Reading
In this week’s key data for the oil and gas industry, we continue to see a decline in U.S. crude inventories and gasoline stocks while U.S. production keeps on following Continue Reading
