November 2014

Members of OPEC, the group that supplies 40 percent of the world’s oil, are engaged in an internal price war as they seek to preserve their share of an oversupplied market

Oil prices are likely to be mired near their lowest levels in more than four years in 2015 and investments will take a backseat, underlining a gloomy outlook for the industry.

A Bad Gas Deal For Ukraine As Europe Looks After Its Own Interests

Украина должна выплатить 3,1 млрд долларов долга за поставки российского газа до 31 декабря 2014 года

Новак отверг идею строительства газопровода из России в Японию

The U.S. shale revolution has driven oil output to the highest in more than three decades, reducing America’s need for overseas purchases and sinking global prices into a bear market.

Spain’s national government has moved once again to boost domestic oil and gas exploration

The United States exported 401,000 barrels per day (bbl/d) of crude oil in July 2014

The 2013 Natural Gas Annual shows record natural gas production and consumption levels in the United States. In 2013, domestic dry production of 24.3 trillion cubic feet (Tcf), or 66.7 billion cubic feet per day, (Bcf/d) rose just over 1 percent over 2012, with Ohio increasing the most, percentage-wise, of any state.