Oil

First reported 15 hours ago - Updated 16 mins ago - 5 reports

Irish Examiner: Corrib field has more gas than expected

October 02nd, 201411:38amPosted In:Press NotesThe results of an offshore sub-sea survey show that there is more gas in the Corrib gas field than originally estimated. Commercial gas is set to flow from the field off the Co Mayo coast in the middle of ... [Published Natural Gas Europe - 16 mins ago]
First reported Oct 01 2014 - Updated 16 mins ago - 3 reports

Bloomberg: Russia Oil Production Nears Record With Sanctions Yet to Bite

October 02nd, 201411:38amPosted In:Press NotesRussian oil output rose close to a post-Soviet era record last month, a sign the biggest source of revenue for President Vladimir Putin’s government has yet to be eroded by U.S. and European sanctions.The ... [Published Natural Gas Europe - 16 mins ago]
First reported 33 mins ago - Updated 24 mins ago - 3 reports

Oil heads to bear market as Saudis signal price war

"It's both supply and demand. it's basically the perfect storm that brought oil prices down," said Fadel Gheit, Oppenheimer senior energy analyst. "There are always skirmishes but not a full-fledged war because OPEC really is held together by Scotch Tape," ... [Published Austin American Statesman - 24 mins ago]
First reported Oct 01 2014 - Updated 59 mins ago - 4 reports

Lower Corn Prices Bring Renewed Interest in Ethanol

During the week ending September 26, the U.S. Department of Commerce’s Economic Development Administration announced a grant of $1.9 million in Public Works funds to the Village of Waltonville, Illinois, to build infrastructure (water, sewage, and roads) ... [Published Grainnet.com - 59 mins ago]
First reported 7 hours ago - Updated 1 hour ago - 4 reports

Crews begin digging to stop crude oil leak in Stark County

EAST SPARTA, OH (WOIO) - Crews are still out in Stark County for a crude oil leak. This all happened around 4 a.m. Thursday. Neighbors at the Springwood Lake Campground in East Sparta were evacuated so crews could begin digging to stop the leak. Officials ... [Published 19 Action News - 3 hours ago]
First reported 6 hours ago - Updated 1 hour ago - 9 reports

Brent oil retreats to 28-month low

US crude also drops below $90 for first time since April 2013 ... [Published FT.com - Companies Africa - 1 hour ago]
First reported 12 hours ago - Updated 1 hour ago - 13 reports

0-Oil drops to 27-month low near $92 as supply glut grows

NEW YORK, Oct 2 ( ) - Oil prices fell for the thirdstraight session on Thursday, with Brent hitting its lowestlevel since June 2012, continuing a three-month long rout as aglobal supply glut and concerns about demand persisted.For U.S. crude, some support ... [Published Mail Online UK - 1 hour ago]
First reported 2 hours ago - Updated 2 hours ago - 5 reports

Worthington to make oil and gas investment

The Company is pleased to announce that it has reached agreement to invest £12.5m in CPS Energy Resources Plc , an oil and gas exploration company focused on Africa and working in partnership with Oando Plc , one of Africa's largest oil and gas exploration ... [Published Yahoo! Finance UK and Ireland - 2 hours ago]
First reported 8 hours ago - Updated 2 hours ago - 7 reports

Egypt pays $1.5 billion to foreign oil and gas firms

Related Egypt has paid LE10.5 ($1.5 billion) of its debt to foreign oil and gas companies, the country's petroleum minister announced on Thursday.The payment, announced a day after the government signed LE10 billion ($1.4 billion) worth of loans with ... [Published Al Ahram - 2 hours ago]
First reported Oct 01 2014 - Updated 3 hours ago - 5 reports

WTI Oil Falls Below $90 First Time in 17 Months as Supply Grows

(For Bloomberg fair value curves, see CFVL GO) Oct. 2 (Bloomberg) -- West Texas Intermediate oil dropped below $90 for the first time in 17 months amid signs that global supplies are outstripping demand. Brent, Europe’s benchmark, headed for a bear m ... [Published Washington Post - 3 hours ago]
First reported 22 hours ago - Updated 7 hours ago - 7 reports

Brent Crude Falls Sharply

Oil prices dropped over 2.5% in European trade on Thursday morning as oil producers showed no signs of cutting back output despite the global glut Brent crude oil—the benchmark for oil produced in the North Sea—was in free fall before recovering slightly. ... [Published Atlanta Journal And Constitution - 7 hours ago]
First reported Oct 01 2014 - Updated 12 hours ago - 8 reports

Oil edges up from over two-year low

2 October 2014Brent crude was up 23 cents at $94.90 a barrel by 1005GMT. On Tuesday, it touched a session low of $94.24. US crude gained 41 cents to $91.57.Oil edged up from a more than two-year low to near $95 a barrel on Wednesday as a slightly better-than-expected ... [Published Khaleej Times - 12 hours ago]
Entities: Brent Crude Oil

Quotes

"It's both supply and demand. it's basically the perfect storm that brought oil prices down," said Fadel Gheit, Oppenheimer senior energy analyst. "There are always skirmishes but not a full-fledged war because OPEC really is held together by Scotch Tape" he said, adding that the organization is "incompetent" and members are "jealous" of each other
McGillian said more speculative shorts have been moving into Brent in recent weeks. "That's one reason the spreads have come under pressure and Brent is so weak. At some point, the slide is overdone, and up until yesterday, there was a question of whether it's done. It's not done. It's still searching for a new level" he said
"It is an enhanced consultancy agreement, it is within the constitution. It is not going to be a direct tender award but they (IOCs) will compete among themselves" he said

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All (21833) | News (17888) | Reports (6) | Blogs (3683) | Audio/Video (32) | Fact Sheets (40) | Press Releases (117)
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Irish Examiner: Corrib field has more gas than ... [Published Natural Gas Europe - 16 mins ago]
Bloomberg: Russia Oil Production Nears Record W... [Published Natural Gas Europe - 16 mins ago]
GE partners on small-scale LNG in China [Published TCE Today - 18 mins ago]
Oil heads to bear market as Saudis signal price... [Published Austin American Statesman - 24 mins ago]
Oil heads to bear market as Saudis signal price... [Published Town Hall - 24 mins ago]
No pros to doing deals with the oil sector [Published Impartial Reporter - 27 mins ago]
Managing project costs - by keeping on top of data [Published Digital Energy Journal - 28 mins ago]
Sector Update: Energy Stocks Extend Retreat as ... [Published Nasdaq - 30 mins ago]
Oil heads to bear market as Saudis signal price... [Published CNBC - 33 mins ago]
Crude trims losses on upbeat U.S. jobless claim... [Published Investing.com - 33 mins ago]
Current Oil Bid Round: The Right Step and the R... [Published AllAfrica.com - 34 mins ago]
State to hold northern Alaska oil and gas lease... [Published Alaska Business Monthly - 34 mins ago]
Dicker and Link: Natural Gas Is Strong -- but B... [Published TheStreet.com - 35 mins ago]
Falling energy prices point to weakening world ... [Published Mail Online UK - 40 mins ago]
Dicker and Link: Natural Gas Is Strong -- but B... [Published The Street Latest - 43 mins ago]
INTERVIEW-Kuwait invites Big Oil back to develo... [Published CNBC - 45 mins ago]
BP awards $730 mln drilling contracts for Oman'... [Published London South East - 48 mins ago]
IMF Survey: Kenya Poised to Reap Rewards of Pru... [Published IMF - 53 mins ago]
Thursday Sector Laggards: Oil & Gas Exploration... [Published Forbes.com - 59 mins ago]
Lower Corn Prices Bring Renewed Interest in Eth... [Published Grainnet.com - 59 mins ago]
Check your oil tanks [Published States of Jersey - 1 hour ago]
Calgary pipeline expo mood upbeat despite low o... [Published Yahoo! Canada - 1 hour ago]
Russia’s gas supplies to Slovakia fall due Czec... [Published Itar Tass - 1 hour ago]
Slumping crude prices not panicking Sask. gover... [Published News Talk 980 CJME - 1 hour ago]
Oil: Zero sum game [Published Resource Investor - 1 hour ago]
A’Ibom teachers sacked over 76 oil wells protest [Published SweetCrude Reports - 1 hour ago]
DCC threatens action on oil, diesel dumping [Published Otago Daily Times - 1 hour ago]
Methane mitigation industry stimulates economic... [Published Energy Global - 1 hour ago]
BP announces drilling contracts for Omani Khazz... [Published Energy Global - 1 hour ago]
Gas prices on a steady decline [Published WWMT - 1 hour ago]
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Blogs

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Feinstein demands ‘strongest’ protections for o... [Published E2-Wire - 1 hour ago]
Sen. Dianne Feinstein (D-Calif.) urged Secretary of Transportation Anthony Foxx to adopt the strongest safety protections possible when issuing rules on the transportation of oil by train.“Strong, definitive safety regulations are necessary to... ...
Worthington to make oil and gas investment [Published EON Business - 2 hours ago]
LONDON--(EON: Enhanced Online News)--Worthington to make oil and gas investment. ...
Worthington to make oil and gas investment [Published EON Energy - 2 hours ago]
LONDON--(EON: Enhanced Online News)--Worthington to make oil and gas investment. ...
Worthington to make oil and gas investment [Published Business Wire Professional Services News - 2 hours ago]
LONDON--(BUSINESS WIRE)--Worthington to make oil and gas investment. ...
Worthington to make oil and gas investment [Published Business Wire Energy News - 2 hours ago]
LONDON--(BUSINESS WIRE)--Worthington to make oil and gas investment. ...
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Audio/Video

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Oil price slide takes a break [Published Reuters Video: Business - Sep 11 2014]
Venezuela's cheap gas faces price hike [Published Reuters Video: Top News - Sep 10 2014]
Venezuela's cheap gas faces price hike [Published Reuters Video: Business - Sep 10 2014]
Industry analysts weigh in on new Apple products [Published Reuters Video: Top News - Sep 10 2014]
Industry analysts weigh in on new Apple products [Published Reuters Video: Business - Sep 10 2014]
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Press Releases

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Successful seismic survey and upcoming reserves... [Published GlobeNewswire: Advertising News - Sep 30 2014]
Production update August 2014 [Published GlobeNewswire: Acquisitions News - Sep 30 2014]
Macoma Capital Makes Strategic Investment in No... [Published Financial Services - Sep 24 2014]
Supply cuts trigger European fuel ethanol rally... [Published Platts - News - Sep 23 2014]
The great new oil and gas frontier of Myanmar, ... [Published Platts - News - Sep 23 2014]
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