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Oil & Gas sector pressured by declining oil prices, weaker refining margins: Moodys

October 12, 2015

Moody's Investors Service says that the ongoing decline in oil prices and weaker refining margins in Q3 pressured both upstream and downstream oil and gas companies in the third quarter of 2015.

Oil & Gas building on Tulane Avenue to become Canopy by Hilton hotel

October 09, 2015

The Oil & Gas Building on Tulane Avenue will be renovated into a Canopy by Hilton hotel, the company's newest brand focused on connecting with neighborhoods and the local atmosphere.

DEP annual report reveals Pennsylvania’s changing Oil and Gas landscape

October 09, 2015

A new DEP report says two local counties led much of the state in conventional or shallow well oil and gas production in 2014, while the region continued to lag behind others in newer Marcellus Shale activity.  

Oil and gas stocks continue extending gains as global Oil shows improvement

October 09, 2015

Oil and gas (O&G) counters continued to extend gains after oil price rose to its highest in three months with Brent crude climbing to US$53.28 per barrel sealing analysts' positive feel on the sector's recovery in the final quarter of 2015.

U.S. Consumers Splurged with Gas Savings After All, Study Finds

October 08, 2015

Americans have saved a bundle at the pump since gas prices began to plunge in the middle of last year. So did households tuck the money away, pay down debt or splurge?

Argentina says Oil and Gas exploration venture in Falklands illegal

October 08, 2015

The oil and gas exploration activities being undertaken by Noble Energy Falklands Limited in an area near the disputed Falkland Islands are "illegal" and "clandestine," the Argentine government said.

Oil and Gas lift UK industrial output

October 08, 2015

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Industry disappointed by Colorados proposed Oil and Gas rules

October 08, 2015

Colorado's oil and gas companies, already reeling from low crude oil commodity prices, got their first good look today at draft rules from the state designed to calm years of controversy over big wells drilled in and around neighborhoods unused to such activity.

In Calgary Signal Hill riding, Oil and Gas fortunes are top of mind for many voters

October 07, 2015

As an outsider, he took down incumbent Rob Anders, the controversial federal Conservative MP who held his Calgary riding for almost 18 uninterrupted years.

Fridman group in talks to acquire Eon Oil and Gas assets

October 07, 2015

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Alberta Oil and Gas royalty review more about survival than more money

October 07, 2015

Alberta’s oil and gas royalty review started off as an NDP campaign plan to squeeze more money out of the oil sector, but is morphing into an industry survival strategy as the oil shock and tax hikes continue to depress activity.

Oil and Gas industry continues to struggle

October 06, 2015

The locals hang out at a restaurant called Sweet Melissa’s, where on a recent weekday the conversation topic was the economy, specifically the long decline of the oil and gas industry. 

Oil and Gas industry can cut methane emissions 45% with current tech: report

October 06, 2015

A new report commissioned by an environmental group says Canada's oil and gas industry could reduce methane emissions by 45 per cent using existing technology.

Oil and Gas company threatens to sue speakers at Akron council meetings over fracking comments

October 05, 2015

The two retired, gray-haired men often speak during Akron City Council meetings about their favorite topic: fracking.

Liquefied natural Gas to take place of Oil, Coal?

October 05, 2015

Now may not be the best time to unveil plans to export liquefied natural gas from the U.S. But don't tell Charles "Buddy" Roemer.

UPDATE 1-Irans cabinet approves new draft Oil and Gas contracts

October 01, 2015

Iran's cabinet has approved a draft of international oil and gas contracts meant to attract foreign investors and oil buyers once sanctions are lifted, the Oil Ministry's Shana news agency reported on Wednesday.

China Readies Reform Plans for Oil & Gas Sector

October 01, 2015

China’s National Development and Reform Commission (NRDC) is preparing a draft reform plan for the country’s state-controlled oil and gas companies that is expected to be released by the end of this year. The plan aims to ease controls on market entry in all parts of the industry.

Ratnagiri Gas to split LNG, Power businesses for restart

October 01, 2015

Ratnagiri Gas & Power Pvt., which owns a liquefied natural gas terminal and an adjoining power plant built by the now-defunct Enron Corp. on India’s west coast, will split the businesses as part of a revival plan.

Providence Resources Remains Optimistic about Irish Oil and Gas

September 30, 2015

Irish explorer Providence Resources said Tuesday that it remains "well-placed" to deliver its plans and that it continues to be optimistic about the Irish oil and gas sector in spite of a challenging industry backdrop. 

Jeb Bush outlines energy plan, calling for lifting Oil and Gas restraints

September 30, 2015

Jeb Bush pitched his newly released energy plan here Tuesday, calling for lifting restrictions on producing and exporting oil and gas as part of his blueprint for achieving 4 percent economic growth -- a figure he talks about frequently as a GOP presidential candidate.


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