Forecast
News
October 28, 2015
Hess Corp. plans to cut spending by about 27% next year after its oil and natural gas business lost more than $2 million a day during the third quarter.
News
October 26, 2015
Cheniere Energy Inc. plans to ship the first liquefied natural gas cargo from the U.S. in January, joining a flood of supplies that’ll allow buyers access to cargoes from all corners of the world.
News
October 21, 2015
The U.S. Energy Department is offering another $1 billion to companies developing innovative energy systems, Secretary Ernest Moniz will announce Wednesday.
News
October 21, 2015
Oil fell after a government report showed U.S. crude inventories grew by the most in six months.
News
October 20, 2015
Iran will pay foreign oil companies larger fees than it did under previous buyback contracts to attract $100 billion of investments needed to rebuild its energy industry.
News
October 20, 2015
Oil rebounded from a two-week low as traders estimated a seasonal gain in U.S. crude inventories has already been priced in.
News
October 19, 2015
Hedge funds increased bullish oil wagers on speculation that falling investment will diminish the global supply glut.
News
October 16, 2015
Norway, western Europe’s biggest oil and gas producer, warned companies that failing to extract less profitable barrels could weaken their chances of getting exploration blocks in a new area of the Arctic Barents Sea.
News
October 16, 2015
Ten major energy companies declared their support for a global deal to prevent climate change, but stopped short of offering unanimous backing for carbon pricing.
News
October 13, 2015
Iran will need to import about 20% more gasoline to meet pent-up demand in the first year after economic sanctions are lifted, creating a market for some $1 billion in fuel sales from abroad, according to traders and analysts.
News
October 05, 2015
The United Arab Emirates, the fourth-biggest OPEC producer, is sticking with investment projects to boost energy output even after the plunge in oil prices in the past year.
News
October 02, 2015
Hurricane Joaquin, which strengthened to a Category 4 storm on Thursday, is on track to move north along the East Coast this weekend, potentially bringing torrential rainfall and flooding to the region.
News
September 30, 2015
As part of the Sakhalin Oil & Gas 2015 International Conference, Alexander Medvedev, deputy chairman of the Gazprom Management Committee delivered today in Yuzhno-Sakhalinsk a report entitled ‘Gazprom Group in Asia-Pacific Gas Markets’.
News
September 30, 2015
Iran’s government approved a new model contract for oil and natural gas projects as it prepares to increase output with the help of foreign investors once international sanctions are lifted.
News
September 30, 2015
Plummeting natural gas production from Europe’s biggest natural gas field hasn’t stopped prices sliding to a six-year low at the start of the winter heating season.
News
September 29, 2015
Oil climbed from a two-week low amid expectations a government report will show a slowdown in drilling has trimmed U.S. crude supplies -- a sign that the oil glut might finally be shrinking.
News
September 29, 2015
Chesapeake Energy Corp., the U.S. natural gas explorer selling assets to raise cash, plans to cut 15% of its workforce to cope with a drop in commodity prices.
News
September 29, 2015
Mexico is sweetening the terms of its next oil-block auction in a bid to avoid a repeat of its failed earlier attempt at opening up the industry. The big question now: Is it enough?
News
September 24, 2015
Argentina’s YPF SA will cut spending by as much as 20% next year if a new administration lowers the domestic oil price nearer to international levels.
News
September 23, 2015
Senate Democrats unveiled a bill that would provide more tax credits for renewable energy while killing some tax incentives for oil and natural gas producers.
News
September 22, 2015
ConocoPhillips, the third-largest North American oil and gas producer, is nearing a deal to sell several Western Canadian assets to various buyers including Canadian Natural Resources Ltd., people with knowledge of the matter said.
