Oil Drops 0.6 percent as U.S. Stockpiles Rise
Bloomberg reported that crude oil fell 0.6 percent after U.S. crude stockpiles surged and gasoline consumption dropped to a 10-year low.
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Tag Archive | "Oil Market News"
Marathon Oil Weaker 2011 Q4 Profits
Wednesday, February 1, 2012
Zacks reported that Marathon Oil Corporation (NYSE:MRO) announced weaker fourth quarter 2011 profits.
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North Sea Oil Exports to Asia at 8-Year High
Wednesday, February 1, 2012
Bloomberg reported that North Sea oil exports shipped to Asia have surged to the highest in the past eight years.
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Gallic Energy Plans to Alter in Well Plan for Ossun-2
Tuesday, January 31, 2012
Gallic Energy Ltd. (TSXV:GLC) has planned to alter its current snubbing unit to a drilling rig on the Ossun-2 well, Aquitaine Basin in Southern France.
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Mart Resources: Operational Activities on Umusadege Field
Tuesday, January 31, 2012
Mart Resources, Inc. (TSXV:MMT) and SunTrust Oil Company updated on the operational activities on the Umusadege field, onshore Nigeria.
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Oil Gains 1.9 Percent on Europe Optimism
Tuesday, January 31, 2012
Bloomberg reported that oil futures gained 1.9 percent as Greece expressed that debt resolving talks hare moving towards positive direction.
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TransGlobe Energy Q1 2012 Update
Monday, January 30, 2012
TransGlobe Energy Corporation (TSX:TGL,NASDAQ:TGA) announced its 2012 first quarter production and operational update.
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Sudan Frees Four South Sudanese Oil Tankers
Monday, January 30, 2012
Reuters Africa reported that Sudan has set free four tankers loaded with South Sudanese oil.
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Oil Drops 0.9 Percent on Concern EU Debt Talks May Fail
Monday, January 30, 2012
Bloomberg reported that oil inched down 0.9 percent on concern that EU leaders may not be successful in resolving the debt crisis.
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Saudi Arabia Reports It Can Fulfill Any Oil Shortages
Monday, January 30, 2012
Reuters reported that according to Saudi Arabia's Oil Minister Ali al-Naimi, Saudi Arabia has the potential to fulfill any future world oil shortages since its gas output are rising.
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- Adira Energy Ltd. – Developing Energy Resources in Israel
- Blackbird Energy Inc. – Exploration and Development of Crude Oil and Natural Gas Assets
- Hyperion Exploration Corp. – Focused on Cardium Light Oil in West Central Alberta
- Manitok Energy Inc. – Oil and Gas in the Western Canadian Sedimentary Basin
- Pennant Energy Inc. – Oil and Gas Exploration at the Bigstone Property, Northern Alberta
- Primary Petroleum – Alberta Basin Bakken
- Simba Energy Inc. – Pursuing Oil and Gas Opportunities in West Africa
- Zone Resources Inc. – Developing the Girard Iron Property
Asides
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Wednesday, February 1, 2012