Obama vetoes Keystone oil pipeline billFebruary 25, 2015 // 9 CommentsUS President Barack Obama has vetoed a bill that would have approved construction of the Keystone XL oil pipeline. The [...]
Opec to call for an emergency meeting as price of crude oil dipsFebruary 24, 2015 // 1 CommentOpec is preparing to call an emergency meeting as oil producing nations fret over the slump in crude prices. Nigeria’s oil [...]
Libya resumes pumping crudeFebruary 24, 2015 // 0 CommentsLibya has resumed pumping crude from the southeastern Sarir field to the Hariga port, a spokesman for the state oil operator [...]
Rocky Mountain Resources CEO oil market forecasts proven correctFebruary 24, 2015 // 1 CommentCALIFORNIA – Rocky Mountain Resources CEO Chad Brownstein has again correctly predicted trends in the oil market. [...]
Cross-organisational project management culture needed for gas and oil exploration industryFebruary 24, 2015 // 1 CommentThe gas and oil exploration industry should implement a consistent, cross-organizational system of project management to [...]
Oman boosts crude outputFebruary 23, 2015 // 5 CommentsOman, the biggest Middle Eastern oil producer that’s not a member of OPEC, is boosting crude output to as much as possible [...]
BP loses bid for lesser fine on Gulf spill rapFebruary 20, 2015 // 2 CommentsA US judge on has rejected BP Plc’s attempt to reduce the maximum civil fine it could face for its role in the 2010 [...]
Gulf Petrochem commissions first phase of Indian liquid cargo storageFebruary 20, 2015 // 3 CommentsGulf Petrochem Group, a leading player in the global oil industry has commissioned the first phase of its liquid cargo [...]
Sabic, Indian institutions form chemistry research dealFebruary 20, 2015 // 4 CommentsSaudi Arabia’s Sabic, one of the world’s top petrochemical companies, entered into strategic collaborations with [...]
Price of oil increasesFebruary 18, 2015 // 6 CommentsOil closed up after a weak start on Tuesday, with Brent crude rising to a 2015 high of US$63 a barrel as short-covering [...]