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Over 20% of the World’s Oil Refining Capacity Is at Risk of Closure

Wood Mackenzie has said that more than 20% of the world’s oil refining capacity is at risk of closure due to weak refining margins.

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Pump Prices Set to Hit $4 a Gallon

U.S. oil prices surpass $80 a barrel, raising concerns for the Federal Reserve and the White House, with pump prices expected to reach $4 a gallon, driven by various supply issues and geopolitical tensions.

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Russian Warships Enter The Red Sea amid Houthi Attacks

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Press Releases

Petronas Halts all Imports of Iranian Crude in South Africa

Apr 04, 2012 at 14:02

To comply with US and EU economic sanctions against Iran, Engen, a unit of Petroliam Nasional Bhd (Petronas), and South Africa’s largest importer of Iranian crude, has announced its suspension…

Acquisition of Maari 3D Seismic Survey Commences

Apr 04, 2012 at 11:46

Cue Energy Resources Limited (ASX: CUE; NZX: CUE) is pleased to announce that acquisition of the Maari 3D seismic survey has commenced in permits PMP 38160 and PEP 51313 in…

Environmental Approval Extended for Tassie Shoal LNG Project

Mar 29, 2012 at 18:43

Tassie Shoal LNG project environmental approval updatedKey Points:•    Tassie Shoal LNG project environmental approval updated & extended for at least 5 years•    Environmental approval…

Sol Systems Announces Success of its New Solar Financing Community

Mar 29, 2012 at 17:50

Sol Systems, the largest SREC aggregator in the US, is proud to announce the success of its new solar financing website, SolMarket.SolMarket is the new solar financing website…

Cue Energy to Evaluate Results from Indonesian Well

Mar 26, 2012 at 17:25

Naga Utara-1 Well, Mahakam Hilir PSC, IndonesiaCue Energy Resources Ltd (ASX: CUE; NZX: CUE) is pleased to provide the following update on the drilling status of Naga Utara-1as…

Challenger Encouraged by Thickness of Barnett Shale at Mercury Stetson

Mar 20, 2012 at 13:29

Barnett Shale Log Results – Mercury Stetson • Barnett shale apparent thickness ~ 600ft• Mudlogs confirm the Barnett contains gas over the entire 600 feet• Excellent density porosity across the Barnett

Cue Releases Drilling Update on Indonesian Property

Mar 19, 2012 at 09:40

Naga Utara-1 Well, Mahakam Hilir PSC, Indonesia(ASX: CUE; NZX: CUE; POMSOX: CUE; ADR/OTC: CUEYY) Cue Energy Resources Ltd is pleased to provide the following update…

Sampang PSC, Indonesia Development Update

Mar 09, 2012 at 17:38

Cue Energy Resources Limited (CUE) is pleased to provide an update on the Sampang PSC development project. As per the ASX release of 1st February the Wortel Field commenced gas…

El Paso Shareholders Approve $24 Billion Takeover of Morgan Kinder Inc.

Mar 09, 2012 at 17:31

Shareholders of El Paso Corp. (EP) have approved a $24 billion takeover of Kinder Morgan Inc. in a deal that will form the biggest pipeline company in the US. EP…

Cue Releases Drilling Update on its Naga Utara-1 Well

Mar 09, 2012 at 17:26

Naga Utara-1 Well, Mahakam Hilir PSC, Indonesia Cue Energy Resources Ltd (ASX: CUE; NZX: CUE) is pleased to provide the following update on the drilling status of Naga Utara-1. The…

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