News
2015, January, 31, 15:55:00
U.S.: 90 RIGS DOWN
The US drilling rig count plunged 90 units—a majority of which were in Texas—to settle at 1,543 rigs working during the week ended Jan. 30, Baker Hughes Inc. reported.
2015, January, 31, 15:35:00
ARCTIC OCEAN CLOSED
Offshore drilling plan may restrict sensitive Arctic Ocean areas
2015, January, 31, 15:30:00
CHEVRON 2015: $31.6 BLN INVESTMENT
Chevron’s $35 billion capital budget down 13% from last year
2015, January, 31, 15:10:00
CONOCO CUTS $2 BLN
ConocoPhillips has shed an additional $2 billion from its capital expenditures for 2015, decreasing total spending to $11.5 billion from the previously reported $13.5 billion, in response to the continued decline in oil prices.
2015, January, 31, 15:05:00
SHALE: MORE JOBS
The US shale oil and gas renaissance has created a manufacturing rebound that could produce even more jobs and stimulate further economy growth with the right conditions, the American Shale & Manufacturing Partnership said in a recent report.
2015, January, 31, 15:00:00
TRINIDAD DEEPWATER WELL
BHP to drill first deepwater well off Trinidad in 2016, energy minister says
2015, January, 31, 14:55:00
GE & STATOIL COLLABORATION
GE and Statoil have now announced a new collaboration to accelerate the development of more environmentally and economically sustainable energy solutions to help fuel the future.
2015, January, 31, 14:50:00
TURKEY STREAM PROMISING
Negotiations with Russia about natural gas prices and new gas pipeline route through Turkey's Thrace region look promising, Turkish energy minister says.
2015, January, 31, 14:40:00
NORD STREAM ON HOLD
Gazprom has put an expansion of its Nord Stream gas pipeline on hold, rowing back for the second time in two months on plans to extend its European network as relations between Russia and the West fester over Ukraine.
2015, January, 27, 20:55:00
OIL: LOWER LONGER
Oil prices will stay lower for longer after more than halving since June, Goldman Sachs' (GS.N) chief commodity analyst said, arguing in his latest research note that demand growth in China and other emerging economies is set to slow.
2015, January, 27, 20:50:00
OIL PRICE: $200
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply.
2015, January, 27, 20:45:00
RUSSIA & TURKEY: GAS 2017
Russia's Gazprom plans to supply the first gas via a new route to Turkey in December 2016, Chief Executive Alexei Miller said in a statement on Tuesday.
