(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Thursday's Analyst Blog: PetroChina Buys ...
Baghdad: Iraq, seeking to maximise crude oil exports, opened the first of four planned offshore mooring facilities in the Arabian Gulf and intends by March to add 200,000 barrels a day to its capacity for loading tankers there. The new single-point mooring ...
BHP Billiton Ltd. (BHP), the world’s biggest miner, expects to make more acquisitions as Glencore International Plc (GLEN)’s $39 billion takeover offer for Xstrata Plc (XTA) extends takeover activity in the commodities industry. “I have ...
HOUSTON—The number of rigs actively exploring for oil and natural gas in the U.S. is down eight this week to 1,989. The Houston-based oilfield services company Baker Hughes Inc. reported Friday that 1,263 rigs were exploring for oil and 720 ...
Chevron is going ahead with its plans in the Orphan basin off Canada’s east coast after replacing its former funding partners Exxon Mobil and Royal Dutch Shell with European players Repsol YPF and Statoil. Exxon pulled out of the venture ...
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and ensuring a supply of oil and gas from international markets through investing in unconventional and conventional oil and gas projects in international markets. Offshore Oil and Gas Activities Growing in Response to Declining Output in Onshore Fields ...
The United Steelworkers union has reached a tentative agreement on a new three-year contract with the oil industry, represented by Royal Dutch Shell Plc, that has averted a potential strike at as many as 69 refineries, including two in Hawaii.
Bloomberg reports that the tentative agreement between the union and about the oil companies — including Tesoro Corp. (NYSE: TSO) and Chevron Corp. (NYSE: CVX), which own the two refineries in Hawaii...
The Drilling program can now recommence as soon as revised drilling plans are submitted and processed by Mineral Resources Tasmania. GSLM has been required to update and resubmit its 2008 operational drill plans to obtain approval. Once lodged, GSLM expect ...
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of natural ...
A community portal about Petroleum with blogs, videos, and photos. According to Wikipedia.org: Petroleum or crude oil is a black, dark brown or greenish liquid found in formations in the earth. The American Petroleum Institute, in its Manual of Petroleum Measurement Standards, defines it as "a substance, generally liquid, occurring naturally in...more
A community portal about Petroleum with blogs, videos, and photos. According to Wikipedia.org: Petroleum or crude oil is a black, dark brown or greenish liquid found in formations in the earth. The American Petroleum Institute, in its Manual of Petroleum Measurement Standards, defines it as "a substance, generally liquid, occurring naturally in the earth and composed mainly of mixtures of chemical compounds of carbon and hydrogen with or without other nonmetallic elements such as sulfur, oxygen, and nitrogen."