YPF seeks foreign partners to tap Argentina’s shale
Brent crude capped a sixth weekly loss, the longest losing streak since 2002, as OPEC boosted production to a 14-month high amid a global surplus.
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
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.
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.
British wholesale gas prices for the rest of this year fell on Friday after Ukraine and Russia signed a deal which will see Moscow resume supplies of gas over the winter.
Ukraine and Russia resolved their natural-gas feud on Thursday in a hard-fought deal that averts the threat of gas shortages in Europe this winter.