In Partnership with:

Oil and Gas

33708 Stories, most recent news story added 8 minutes ago

Send
- Email
- IM
Share
- Digg
- Facebook
- Newsvine
- del.icio.us
- Reddit
- StumbleUpon
- Technorati
- Yahoo! Bookmarks

The largest and most advanced pier in the Middle East at Kuwait's largest refinery of Al-Ahmadi just north of Al-Shuaiba. OPEC member Kuwait is forecast to post a budget surplus of up to 22.3 billion dollars this fiscal year on the back of better than expected oil prices, a local bank said.(AFP/File/Yasser al-Zayyat)

Enlarge Photo AFP/File Slideshow:Oil Industry

Oil below $79 as Ida weakens to tropical storm

AP - 18 minutes ago

AP - Oil prices swung around $79 a barrel Tuesday, as a storm threatening oil installations in the Gulf of Mexico weakened and investors eyed a volatile dollar.

News Stories

Sort By:

Gazprom Boosts European Gas Exports on Quarter as Prices Slump
Bloomberg - Mon Nov 9, 6:20 am ET
Nov. 9 (Bloomberg) -- OAO Gazprom , the world’s largest natural-gas producer, boosted sales volumes to Europe and countries outside the former Soviet Union by 5.4 percent in the second quarter after prices slumped.
China Raises Fuel Prices; Sinopec, PetroChina Gain (Update1)
Bloomberg - Mon Nov 9, 9:44 pm ET
Nov. 10 (Bloomberg) -- China, the world’s second-largest energy user, raised gasoline, diesel and jet fuel prices for the first time in more than two months as crude costs climbed.
Talisman Makes ‘Encouraging’ Oil Find in Peru’s Amazon Jungle
Bloomberg - Mon Nov 9, 3:13 pm ET
Nov. 9 (Bloomberg) -- Talisman Energy Inc. said it made an “encouraging” crude-oil discovery in Peru’s northern Amazon jungle. Calgary-based Talisman aims to finish drilling a well and start another in Block 64 before deciding whether to develop the field, spokeswoman Phoebe Buckland said today in a telephone interview.
OPEC Won’t Raise Output as Stocks Rise, Qabazard Says (Update1)
Bloomberg - 8 minutes ago
Nov. 10 (Bloomberg) -- OPEC won’t need to raise oil production levels when it meets next month in Angola because stockpiles are “very high,” the group’s head of research said.
Gazprom's second-quarter profit falls 36%
Market Watch - Mon Nov 9, 10:55 am ET
Russian state-controlled gas giant Gazprom reported Monday a 36% tumble in second-quarter profit, hurt by lower demand for its gas and a sharp rise in operating expenses.
Gazprom 1H profit halved on sinking demand
San Francisco Chronicle - Mon Nov 9, 8:09 am ET
Russia's Gazprom saw its earnings halved in the first six months of the year due to lower natural gas prices and sinking demand in Europe, while overall debt jumped nearly a third, the company reported Monday. The world's largest producer of natural gas said... Central Asia - Gazprom - Natural gas - Business - Energy
Commodities: Oil rises, gold hits new high
ShareCast - Tue Nov 10, 2:44 am ET
LONDON (SHARECAST) - US crude oil futures powered ahead on Monday, after Friday’s 3% drop, as the broadly weaker dollar and fears about damage caused by Tropical Storm Ida had oil traders moving back in.
Gas prices fall after 5 straight weekly increases
USA Today - Mon Nov 9, 6:16 pm ET
Gasoline prices fell in the latest week, the first decline after five straight weekly increases, the Energy Department said Monday.
Callon Petroleum Company Reports Operating Results (10-Q)
Guru Focus - Mon Nov 9, 7:45 pm ET
By 10qk. Callon Petroleum Company ( CPE ) filed Quarterly Report for the period ended 2009-09-30. Read more » »
Frontier Oil posts 3rd-quarter loss
San Francisco Chronicle - Thu Nov 5, 12:57 pm ET
Oil refiner Frontier Oil Corp. on Thursday posted a third-quarter loss driven by continued weak demand and squeezed refining margins. Crude oil prices have climbed steadily since March, but gasoline prices haven't matched the pace, hurting margins for... Oil Prices - Petroleum - Business - Oil and Gas - Energy
OPEC boosts output to keep prices down
Denver Post - Tue Nov 10, 3:24 am ET
OPEC is increasing output at the fastest pace in two years, adding to near-record inventories and threatening speculators betting on $100 crude with losses.
China to Raise Fuel Prices 8%; Resume Air Surcharges (Update2)
Bloomberg - Mon Nov 9, 6:56 pm ET
Nov. 9 (Bloomberg) -- China, the world’s second-largest energy user, will raise gasoline, diesel and jet fuel prices by as much as 8 percent tomorrow, the first increase in more than two months, as crude costs and demand climbed.
Commodities Corner: Tide's up for gas prices; little relief in sight
Market Watch - Fri Nov 6, 7:10 am ET
U.S. gasoline prices stand at their highest levels in more than a year -- and they may still have room to rise against a backdrop of high crude-oil prices.
Crude Challenges $80 On Weaker Dollar, Storm Concerns
INO News - Mon Nov 9, 4:26 pm ET
(RTTNews) - Crude oil prices surged toward $80 per barrel on Monday, boosted by a weaker dollar and concerns over Hurricane Ida, which is threatening the Gulf Coast.
Fuel price brief for Nov. 8
The Pine Island Eagle - Mon Nov 9, 1:18 pm ET
The economic recovery that is expected to push crude oil prices higher in 2010 got detoured last week when the US Department of Labor reported the nation’s unemployment had topped 10 percent for the first time since 1983.
OMV third quarter profit drops 34 per cent
EARTHtimes.org - Tue Nov 10, 4:04 am ET
Vienna - Austrian oil and gas group OMV AG on Tuesday reported that its net profit had dropped by 34 per cent in the third quarter, as crude oil prices fell and the difference in value between crude and refined products narrowed. OMV made a net profi...
Edge Petroleum Corp. Reports Operating Results (10-Q)
Guru Focus - Mon Nov 9, 5:35 pm ET
By 10qk. Edge Petroleum Corp. ( EPEX ) filed Quarterly Report for the period ended 2009-09-30. Read more » »
Government of Canada Helps Petroleum Industry Recruit and Retain Workers
Marketwire - Mon Nov 9, 1:03 pm ET
CALGARY, ALBERTA--(Marketwire - Nov. 9, 2009) - Workers and employers in the petroleum sector will benefit from a project supported by the Government of Canada that will help employers attract and retain workers. Mr. Devinder Shory, Member of Parliament for Calgary Northeast, made the announcement today on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development ...
Crude oil climbs above $79
UPI - Tue Nov 3, 5:59 pm ET
NEW YORK, Nov. 3 (UPI) -- Crude oil prices climbed over $79 per barrel on the New York Mercantile Exchange Tuesday, ahead of Wednesday's inventory report.
Gazprom Cuts Gas Purchases 52% on Turkmen Import Halt (Update1)
Bloomberg - Mon Nov 9, 4:20 am ET
Nov. 9 (Bloomberg) -- OAO Gazprom , the world’s largest gas producer, spent 52 percent less on purchases of the fuel in the second quarter after a pipeline blast halted imports from Turkmenistan.

Oil and Gas

News Stories

Sort By:

Video

The Oil Drum

Most Blogged About

Yahoo! News Search

Photos

Oil and Gas Photos

Richmond Times-Dispatch Links

Yahoo! News Navigation

News Services: