petroleum industry news
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5 Energy Companies Pouring Money Into Lobbying
Tehrān :: Iran | 21 hours ago
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Senate Office of Public Records. Depending on your level of cynicism, these numbers may surprise you...According to opensecrets.org , the oil and gas industry spent a cumulative $139.9 million lobbying in 2012 and more than $36 million so far in
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Competition transforming state's gasoline industry
Arco :: Italy | 1 day ago
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As a gasoline consumer of long standing, my knees jerked last week with the news that a major consolidation in the Southern California oil refining industry had sailed through reviews by federal regulators and California's attorney general ...For
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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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Tough oil market forces trading firms in Asia to cut jobs
Singapore :: Singapore | 2 days ago
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Grappling with weak demand, rising costs and heightened competition in their oil business, trading companies in Asia are cutting staff and seeking new revenue sources from areas such as drilling for gas and generating power. In a sign of this
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Oman to Use Sunshine to Get Oil Out of Wells
Coalinga :: CA :: USA | 2 days ago
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For years, oil producers have relied on steam, created with natural gas, to heat rock below the surface and make the oil flow better. But with no natural gas easily available, Oman's national oil company , a joint venture between the Sultanate and
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Apicorp posts $109m net profits...
Bratislava :: Slovakia | 2 days ago
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The given net profit is the highest-ever in the organisation's 37 year history, said a press statement. The financials highlight Apicorp's successful track record in generating sustainable returns while effectively supporting the Arab energy industry.
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Time to Buy Gran Tierra Energy
Bogotá :: Colombia | 3 days ago
Credibility
For some time the company has failed to capitalize on its strengths and deliver value for investors, but finally, earlier this month the company´s shares popped. This saw them jump by almost 10% in a week. and has left many investors asking should I
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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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Looking for a Job? Try Applying Here
Fargo :: ND :: USA | 5 days ago
Credibility
Try Applying Here If there's been one nagging issue that's seemed to slow down our economy's recovery, its anemic jobs growth. While jobs have been bouncing back , the rate of growth isn't nearly fast enough to get us to where we want to be. There
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Oil boss warns tax hikes will scare off investors
Oslo :: Norway | 6 days ago
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Tullow Oil boss Aidan Heavey said imposing more taxes on firms looking for oil here will scare off companies thinking about investing in Ireland. Earlier this week energy minister Pat Rabbitte said he would review how the State taxes oil and gas
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