Carsonenergy.com Launches The First Ever Complete Oil and Gas Investment … – PR Web (press release)


PR Web (press release)
Carsonenergy.com Launches The First Ever Complete Oil and Gas Investment
PR Web (press release)
For the first time ever, oil and gas investors will be able to go to one single website and search for anything they want to know about oil and gas investing. Carsonenergy.com spokesman Michael Johnson, had the following thing to say about what content

and more »

Chinese Firm to Buy Texas Oil Fields for $1.3 Billion – KFDX


Manufacturing.net
Chinese Firm to Buy Texas Oil Fields for $1.3 Billion
KFDX
AUSTIN, TX—A Chinese investment company announced on Friday its plans to purchase oil fields in Texas for $1.3 billion. The company, Yantai Xinchao, signed a letter of intent to buy the oil fields in Howard and Borden counties from Tall City
Chinese Investor Buys Up Texas Oil FieldsDaily Caller
Chinese Company Pays More Than $1B For Texas Oil FieldsManufacturing.net
Chinese companies purchasing Texas oil assetsBakken.com (press release)

all 24 news articles »

Nabors posts $296 million loss amid weakening oil field activity – Chron.com (blog)


Chron.com (blog)
Nabors posts $296 million loss amid weakening oil field activity
Chron.com (blog)
The company, which provides drilling and rig services across the globe, said it does not expect oil field activity to significantly rebound soon and will continue slashing costs to meet its minimum goal of breakeven free cash flow. “We remain committed
Nabors reports loss and expects to keep cutting costsHouston Chronicle

all 30 news articles »

Technip to provide pipeline for Libra oil field offshore Brazil – UPI.com


UPI.com
Technip to provide pipeline for Libra oil field offshore Brazil
UPI.com
PARIS, Oct. 27 (UPI) — Technip, a French engineering company servicing the energy sector, said its latest contract marks a milestone for one of the larger oil fields in Brazil. Technip said it secured what it considered a substantial contract, valued
Technip Wins Libra Field Pipe ContractRigzone
Technip to supply first flexible pipes for Libra pre-salt field in BrazilWorldOil (subscription)
Technip Reports Contract Award From Libra Oil & GasNasdaq
Energy Global –Marine Technology News
all 19 news articles »

Profit Down at BP, Which Predicts Era of Low Oil Prices – New York Times


New York Times
Profit Down at BP, Which Predicts Era of Low Oil Prices
New York Times
Extracting oil and gas from the ground and the seafloor was once the big money earner for BP, but because of the decline in crude oil prices, refining and marketing petroleum products — long a drag on earnings because of their lower profit margins
BP’s oil price optimism may prove to be misplacedTelegraph.co.uk
Oil And Natural Gas Prices Crashing Once AgainOilPrice.com
BP Sees Oil Prices Rising To $60 A Barrel In 2017, But Tough Cuts In US International Business Times
Financial Times –CNBC
all 353 news articles »

Oil Prices Extend Fall on Glut Fears – Wall Street Journal


Wall Street Journal
Oil Prices Extend Fall on Glut Fears
Wall Street Journal
NEW YORK—Oil prices slid to two-month lows Tuesday on expectations that U.S. crude stockpiles grew for the fifth straight week last week. Light, sweet crude for December delivery recently fell $1.01, or 2.3%, to $42.97 a barrel on the New York
Europe lower as oil prices tumble; earnings weighCNBC
Crude oil is tumblingBusiness Insider
BP’s new strategy depends on oil prices rising 25%Fortune
Reuters –U.S. News & World Report –Salt Lake Tribune
all 624 news articles »

Oil Price Not Done Crashing, Saudi Arabia Could Be Broke In Five Years: Reports – Huffington Post Canada


Huffington Post Canada
Oil Price Not Done Crashing, Saudi Arabia Could Be Broke In Five Years: Reports
Huffington Post Canada
The bad news keeps piling on for the oil industry and the countries that rely on it. Despite oil prices having already fallen 60 per cent from their highs last year, investment bank Goldman Sachs says they could suffer another major decline as storage
IMF predicts Saudi Arabia’s cash reserves will deplete in five yearsNEWS.com.au
Saudi Arabia to run out of cash in less than 5 yearsCNNMoney
Low oil prices mean Saudi Arabia could run out of money in five yearsCity A.M.
Press TV –Emirates 24/7
all 866 news articles »

CANADA STOCKS-TSX down on oil price fall, Fed jitters – Reuters

CANADA STOCKS-TSX down on oil price fall, Fed jitters
Reuters
(Adds investor comment, updates prices to close). * TSX ends down 91.30 points, or 0.66 percent, at 13,699.60. * Nine of its 10 main groups fall, financials sole gainer. By Alastair Sharp. TORONTO, Oct 27 (Reuters) – Canada’s main stock index fell on …
TSX down on oil price fall, Fed jittersReuters Canada
TSX sinks 100 points as oilprice slide continues; dollar dropsTimes Colonist
Oil price declines knock wind out of TSXBlackburnNews.com

all 112 news articles »

Chinese company to buy Texas oil fields in $1.3 billion deal – CNNMoney


CNNMoney
Chinese company to buy Texas oil fields in $1.3 billion deal
CNNMoney
A Chinese investment firm is shelling out $1.3 billion to buy giant oil fields in Texas, reflecting growing interest from China in U.S. energy resources. Yantai Xinchao will acquire oil assets in the western Texas Permian Basin that are currently owned
Chinese investment company to buy Texas oil fields for $1.3BCNBC
Chinese company to buy Texas oil fields for $1.3 billionKSPR

all 168 news articles »

Elixir Petroleum Acquires AWE's 57.5% Stake in Cliff Head Oil Field Off WA – Rigzone


Business News
Elixir Petroleum Acquires AWE’s 57.5% Stake in Cliff Head Oil Field Off WA
Rigzone
Elixir Petroleum Ltd. reported Monday that it has signed an agreement with AWE Limited to acquire its 57.5 percent working interest in the Cliff Head oil field, located in the offshore Perth Basin, Western Australia. This acquisition will be
Elixir Petroleum to boost cash balanceProactive Investors Australia

all 3 news articles »

U.S. Oil Imports On The Rise Once More – OilPrice.com


OilPrice.com
U.S. Oil Imports On The Rise Once More
OilPrice.com
However, after persistently low oil prices for the past year, U.S. oil production is falling. At the same time, cheap crude is stoking demand, as American motorists take advantage of low gasoline prices. Lower domestic supply and higher demand have put
Oil below $44 after Goldman predicts price crash when storage tanks fillCBC.ca
Crude falls, extending two-week slide on refined oil glut worryReuters
Overfull storage puts pressure on oil priceSydney Morning Herald
CNBC –Motley Fool –The Star Online
all 255 news articles »

Fall in oil price pulls down Wall Street stocks as investors await Federal … – ABC Online


ABC Online
Fall in oil price pulls down Wall Street stocks as investors await Federal
ABC Online
A fall in the price of oil has pulled down stocks on Wall Street as investors wait for this week’s meeting of the Federal Reserve on interest rates. The Dow Jones Index closed down 24 points to 17,623. The Nasdaq rose three points to 5,035, while the S

and more »

Iran May Not Be That Attractive To Oil Industry After All – OilPrice.com


AzerNews
Iran May Not Be That Attractive To Oil Industry After All
OilPrice.com
Also, Iran will require foreign companies to share in the financial pain declines in the price of oil cause. Further, companies must partner with pre-selected local companies. Iranian officials portray the new approach as a significant improvement over
Iran does not expect oil price to surge in next 3 yearsTrend News Agency

all 27 news articles »

IMF: Cheap oil will bankrupt the Saudis in five years – Boing Boing


CNNMoney
IMF: Cheap oil will bankrupt the Saudis in five years
Boing Boing
That’s partially because these countries don’t need sky-high oil prices to balance their budgets. Kuwait’s break-even oil price is estimated by the IMF at just $49, or just a tad higher than current levels. The magic number is believed to be $56 in
Saudi Arabia to run out of cash in less than 5 yearsCNNMoney
The slippery slope of the oil price warLivemint
What happens if the global oil price doesn’t bounce back?The Independent
City A.M. –Steelers Lounge (blog)
all 127 news articles »

Is This The Last Roll Of The Dice For The Offshore Sector? – OilPrice.com


OilPrice.com
Is This The Last Roll Of The Dice For The Offshore Sector?
OilPrice.com
With sustained low oil prices, political pressure from environmental groups and fading industry interest, it is highly unlikely that any entity (with the exception of Russia, which is still trying hard to break the Arctic jinx) would be interested in
Shell Sets Its Sights on “Unexplored” Oil Basin in Nova ScotiaMotley Fool

all 20 news articles »