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The US imports approximately half of its oil from Canada, Saudi Arabia, Mexico and Venezuela. The US is Canada's biggest purchaser of crude oil, but now Cana. In today's NTD China News, China has admitted that its navy fired flares at four Vietnamese
That could make fields too remote or too small to develop using undersea pipelines viable for production. Prelude, owned by Royal Dutch Shell and due to be producing from an offshore Australian field by 2017. Shell has shied away from offering
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets...Here are highlights from Thursday's Analyst Blog: China
China is sending four oil rigs into the South China Sea in a sign that Beijing its stepping up its exploration for oil and gas in the tense region, less than two months after it positioned a giant drilling platform in waters claimed by Vietnam.
Takeover Energy The move comes following long-standing troubles at the company's Long Lake oil sands operation near Fort McMurray, Alta., which, after five years in production, is still falling short of operating at its full capacity of 72,000
The North American oil and gas boom is setting the energy sector ablaze right now. A boom in supply, coupled with a projected 56% increase in the global consumption of oil and gas by 2040, means that some of the best investments are in energy. But it'
Ltd, posted an 11.4 per cent slide in its 2013 net profit on Friday, lagging analysts' forecasts, as it struggled to deliver production growth and control costs amid weakening crude prices...The result compared with a consensus forecast of 63.2
Ltd, China's biggest offshore oil and gas driller, reported on Thursday flat output in the third quarter, as production on its existing fields dropped. The State-owned company expects a rebound in the fourth quarter, said chief financial officer
Ltd, China's largest offshore oil and gas developer, announced on Tuesday that the company, as part of a consortium comprised of Petrobras, Shell, Total and China National Petrol eu m Corp, has been awarded a 35-year production sharing contract to
Ltd, China's largest offshore oil and gas producer, fulfilled one of the terms made for its $15.1 billion acquisition of Calgary-based oil and gas producer Nexen Inc as it made its trading debut on Canada's largest stock market Wednesday morning...No