VAALCO Announces Receipt of $19 Million Payment From Angolan Partner
VAALCO Announces Receipt of $19 Million Payment From Angolan Partner
VAALCO Announces Receipt of $19 Million Payment From Angolan Partner
Granite Oil Corp. Announces 2015 Year End Reserves, Operational Update and Monthly Dividend for March
Iran will not freeze production below 4 MMBOP – Iranian Oil Minister Crude oil prices took a steep fall this morning as hopes that OPEC might curb production in order to reach a $50 per barrel price floor were diminished by news that Iran plans to continue increasing production. U.S. benchmark WTI fell as low as $36.73 today, while international
Bondholders Represented by Grant & Eisenhofer and Gardy & Notis File Lawsuit against Cliffs Natural Resources, Accusing Company of Unfairly Leaving Retail Investors out of Exchange Offer
With so much oil being produced in the U.S. and nowhere to store it, why are we still importing? Crude oil stocks continued to build last week to levels well above the five-year average as global oversupply persists. Production in both OPEC and non-OPEC countries is beginning to decline, according to information from the IEA, but demand still has not
$80 Oil + $4 NatGas + 1,300 Rigs Working After the news of the past few weeks, it felt like we were getting really close to the day when investors and oil industry spouses might be ready to throw in the towel. Then EnerCom’s 14th west coast investor conference unearthed something in the shadow of the Transamerica Building. By blending together a batch of
Global Vectra Helicorp and Era Sign a Memorandum of Understanding for Helicopter Emergency Medical Services in India
From Bloomberg: The two energy companies at the heart of Russia’s economy are on the verge of a historic reversal that could subtly shift the balance of power in the corridors of the Kremlin. Gazprom PJSC, the world’s largest natural gas producer, is worth just $2.6 billion more than Rosneft OJSC, Russia’s biggest oil company. That premium, down from more
Contango Oil & Gas Co. Northern Blizzard Resources Inc. Solazyme Inc. Sterling Energy PLC
From CNBC: Oil prices could approach $100 per barrel in the coming years as firms struggle to maintain current production levels, a top hedge fund manager argued on Monday. ValueAct Capital Management’s founder and CEO Jeffrey Ubben said, as many companies cut labor forces, keeping up drilling activity will become “very difficult.” The slowdown in production could drive crude to
New York awards New Flyer with a contract for 139 Xcelsior® 60-foot buses
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