Traders cash out on tanker-stored oil as prices riseMarch 9, 2015 // 4 CommentsTraders who have been storing oil since the start of the year are selling some supplies back into the market, completing a [...]
Lower investment as oil price dipsMarch 9, 2015 // 4 CommentsWITH oil prices expected at relatively low levels over the next two years, private investments are expected to come off the [...]
UOB Kay Hian Research maintains market weightMarch 6, 2015 // 3 CommentsUOB Kay Hian Malaysia Research is maintaining its market weight for the oil and gas (O&G) sector since the share prices [...]
California halts oil and gas production wellsMarch 6, 2015 // 4 CommentsA dozen wells used to pump oil and gas in California’s Central Valley have been ordered to stopproduction to [...]
Oil fallsMarch 6, 2015 // 3 CommentsOil closed lower on Thursday in volatile trade, as a soaring dollar and the U.S. pursuit of an Iranian nuclear deal offset [...]
Oil and gas groups angered by Ohio’s proposed tax increaseMarch 5, 2015 // 6 CommentsOHIO – Industry representatives voiced opposition March 3 to Gov. John Kasich’s proposed tax increase on oil and [...]
US pumping oil more than it ever has since 1972March 5, 2015 // 1 CommentThe U.S. is pumping oil faster than at any time since 1972, and storage tanks are getting filled to the brim. U.S. oil [...]
Militants seize a few of Libya oil fieldsMarch 5, 2015 // 2 CommentsIslamist militants are reported to have seized two oil fields in central Libya, as rival groups fight for control of the [...]
Sarawak to negotiate for more oil and gas royalty from PetronasMarch 4, 2015 // 1 CommentKUCHING – Sarawak will continue to negotiate with Petronas for better royalty for its oil and gas, said Chief Minister [...]
Cal Dive files for bankruptcyMarch 4, 2015 // 6 CommentsOffshore oil and gas contractor Cal Dive International said the company and its U.S. subsidiaries filed for voluntary [...]