All publications by tag «OIL»
2016, March, 17, 18:50:00
BRITAIN CUT TAXES: $1.4 BLN
Britain's finance minister George Osborne will cut taxes by 1 billion pounds ($1.41 billion) over five years for energy companies pumping oil from the country's North Sea fields, in a boost for an industry suffering low crude prices.
2016, March, 17, 18:45:00
OIL PRICES UP TO $41.23
Brent crude, the global oil benchmark, rose 2.2% to $41.23 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 2.7% at $39.50 a barrel.
2016, March, 15, 19:05:00
U.S. CAN INVEST
U.S. companies are welcome to invest in Iran's oil and gas industry, the Iranian oil minister said.
2016, March, 15, 19:00:00
AMERICAN ENERGY SECURITY
This is American energy security, American jobs, U.S. government revenue and American GDP tied up by political red tape. This is a once in a generation opportunity, stuck, off limits to future generations as it waits for forward-looking energy policy.
2016, March, 12, 11:30:00
U.S. OIL PRICES UP
Oil prices have rallied by almost 50 per cent since dropping below $30 a barrel in January, tempting producers to grab any price that will allow them to keep operating through the worst commodity crash in more than 20 years.
2016, March, 12, 11:25:00
U.S. RIGS DOWN 9
U.S. Rig Count is down 9 rigs from last week to 480, with oil rigs down 6 to 386, and gas rigs down 3 to 94.
Canadian Rig Count is down 31 rigs from last week to 98, with oil rigs down 22 to 28, and gas rigs down 9 to 70.
2016, March, 12, 11:20:00
OIL PRICES LOSS
Net Benefits of Prolonged Drop in Oil Prices Diminish or Turn Negative for Some Sectors.
2016, March, 12, 11:15:00
IRAN NEED TECHNOLOGY
“We need contracts, tenders and technology,” he said, describing Iran as a “garden” in need of nourishment. “Money for the Iranian economy is like water.”
2016, March, 12, 11:10:00
$40 BLN FOR INDIA
Government said on Thursday it hoped to unlock gas and oil resources worth almost $40 billion by simplifying licensing rules and offering price incentives to recover gas from difficult offshore fields.
2016, March, 12, 11:05:00
SCOTTISH DEFICIT: 9.7% GDP
The data was revealed with the release of the Government Expenditure & Revenue Scotland (GERS) on March 9. According to that data, North Sea oil and gas revenue fell by 55% between the fiscal years 2013-2014 and 2014-2015. The revenue for 2014-2015 was just £2.25bn, less than half of the £4.8bn recorded in 2013-2014, and less than a quarter of the £10.9bn recorded in 2011-12.