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Russia says long-sought China gas supply deal is close

10/04/2014
Russia said it was close to signing a deal to sell natural gas to China, a long-sought agreement which

High Oil Prices Expand Scope for Enhanced Recovery

10/04/2014
Persistently elevated crude oil prices are expanding the opportunities in older oil-producing basins in the U.S. for enhanced oil

Yemen's oil revenue falls by over half to $89 mln in February

10/04/2014
Yemen's oil revenue, crucial to government financing, fell by more than half in February from January and from February 2013 to

South Africa Shale-Boom Outcome Won’t Mirror Mining Says ANC

10/04/2014
South Africa will make sure its population benefits when it develops its shale gas and offshore oil industries and won’t repeat the errors

WTI Crude Rises to One-Month High on Gasoline Demand

10/04/2014
West Texas Intermediate crude climbed to a one-month high as a government report showed that rising

EIA: Summary of Weekly Petroleum Data

10/04/2014
U.S. crude oil refinery inputs averaged over 15.3 million barrels per day during the week ending April 4, 2014, 22,000 barrels per day more than the previous week’s average.

OPEC Plans to Make Room for Extra Oil From Iran, Iraq, Libya

10/04/2014
OPEC, which supplies 40 percent of the world’s oil, will accommodate additional output from members Iraq, Iran and Libya,

Brent structure flattens on seasonal maintenance, Libya return hopes: analysts

10/04/2014
The changing structure at the front of the Brent crude futures curve, which has seen the front-month premium to the

Asia-Pacific Crude-Steady; eyes on June-loading programme

10/04/2014
The Asia-Pacific crude market held steady on Wednesday, as traders eyed June-loading programmes to gauge

Total struggling to halt fall in oil, gas production

10/04/2014
Total E&P Indonesie, the local unit of a French oil company, is drilling more oil wells to halt the decline in the

Tariffs on Australian LNG, crude oil to fall under South Korean FTA

10/04/2014
Tariffs on South Korea's imports of Australian LNG and crude oil will fall from 3% to zero under the terms of the

Middle East Crude-Iraq raises Basra Light OSP

10/04/2014
The Middle East crude market was buoyed by a smaller-than-expected price hike for Iraq's Basra Light on

Alaska North Slope oil production to fall 1.8 pct for fiscal year -report

10/04/2014
Alaska's North Slope oil production is forecast to decline 1.8 percent for the fiscal year ending June 30

The March quarter earnings outlook for oil and gas companies

10/04/2014
The refining operating environment improved in the March quarter. Benchmark Singapore gross refining

US output, potential low demand pose risks to Gulf oil: IMF

09/04/2014
A rapid growth in US oil production combined with potentially weaker global demand present a downside risk to Gulf oil output

Shale industry faces global reality check

09/04/2014
As US energy costs tumble on the back of shale oil and gas, the rest of the world is gripped with envy.

Unconventional drilling comes to Australia’s Cooper Basin

09/04/2014
Christine Forster writes from Australia that 2014 is going to be a key year in the quest to develop

WTI Retreats From Month-High as Crude Supplies Gain

09/04/2014
West Texas Intermediate retreated from the highest price in a month after an industry report showed

OPEC’s El-Badri Says Crude Prices Stable

09/04/2014
Crude prices are stable and the market has enough supply to meet demand, even amid geopolitical

Age of Gas Seen as Sideshow to U.S. Producers Prizing Oil

09/04/2014
The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future
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