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Stanford's new oil mapping technology could quickly uncover more petroleum
Oslo :: Norway | 19 hours ago
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But with 2013 oil prices topping $100 per barrel, and reservoirs around the world confirming new discoveries every year, oil remains both available and profitable despite the increasingly extreme technological lengths oil companies are undertaking to
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Chevron nears sale of Egypt, Pakistan downstream assets ...
Dubai :: United Arab Emirates | 2 days ago
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Chevron Corp is in advanced talks to sell its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major. Chevron, the second-largest U.S. oil company, is
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Oil Price Manipulation Awakens Libor, Enron Ghosts
Åsa :: Sweden | 3 days ago
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Last July, we warned you that oil prices could potentially be manipulated in similar fashion to the London Interbank Offered Rate (Libor) , and now a recent raid of major oil companies highlights this growing danger to the $3.4 trillion-a-year crude
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Readers Write: The dangers of immigration amnesty; Not all oil companies are alike
Boston :: MA :: USA | 3 days ago
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Certain oil companies have cultures of recklessness and it's that culture that causes disasters...The dangers of immigration amnesty The April 8 cover story, "Amnesty: back to the future," understates the threat that a new amnesty for illegal
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3 Factors Keeping Oil Above $90 a Barrel
Alexandria :: VA :: USA | 4 days ago
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Factors Keeping Oil Above $90 a Barrel The gushing oil well at Spindletop Dome in Beaumont, Texas, is one of the most iconic images in the history of oil. When the well hit paydirt, oil spewed 150 feet into the air at a staggering rate of 100,000
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Forget ExxonMobil. Chevron is new leader in oil.
Boston :: MA :: USA | 5 days ago
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Although Chevron is smaller, it has eclipsed ExxonMobil as the best-managed international oil company. Chevron's stock has outperformed ExxonMobil's, it pays a higher dividend, and the company is reporting a slightly higher profit margin. XOM) was
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Will an Anti-Monopoly Case Punish Europe's Oil Companies?
Brussels :: Belgium | 6 days ago
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Joshua is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. Reports are out that the European commission is investigating a number of major oil companies for price-rigging.
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RICHARD LITTLEJOHN: So that's why they called it an oil rig!
London :: United Kingdom | 7 days ago
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16 May 2013 First it was the banks, now it's the oil companies. In the same way the bankers rigged interest rates to maximise their profits and bonuses, traders at BP and Shell stand accused of fixing artificially high oil prices. Just as
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NGO urges increased palm oil output rather than bemoan moratorium
Jambi :: Indonesia | 7 days ago
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Sawit Watch coordinator Jefri Gideon criticized many palm oil companies' decision to prioritize expansion rather than formulating ways to maximize production. We have an example of how a palm oil company has been expanding its business for 15 years
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Brazil's tarnished oil industry polishes image with rights sale
Vitória :: Brazil | 8 days ago
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EDT The P-34 Petrobras platform, 120 kms east of Vitoria, Brazil. Brazil's oil agency, the ANP, sold 142 exploration areas to 39 companies from 12 countries on Tuesday, wrapping up the scheduled two-day auction in just one day. It was the first
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