• 4 minutes Phase One trade deal, for China it is all about technology war
  • 7 minutes IRAN / USA
  • 11 minutes Shale Oil Fiasco
  • 16 minutes Swedes Think Climate Policy Worst Waste of Taxpayers' Money in 2019
  • 7 hours Which emissions are worse?: Cows vs. Keystone Pipeline
  • 59 mins We're freezing! Isn't it great? The carbon tax must be working!
  • 1 hour Trump capitulated
  • 8 hours Thanks to Trump, the Iranian Mullahs Are Going Bankrupt
  • 14 hours Indonesia Stands Up to China. Will Japan Help?
  • 18 mins Beijing Must Face Reality That Taiwan is Independent
  • 2 hours US Shale: Technology
  • 2 hours Gravity is a scam!
  • 19 hours Yet another Petroteq debt for equity deal
  • 21 hours Three oil pipeline projects inch toward goal-line for Canada
  • 1 hour Trump has changed into a World Leader
  • 2 hours Turkey Muscles-In on Israel-Greece-Cyprus EastMed Gas Pipeline Deal. Erdogan Still Dreaming of Ottoman Empire II.
  • 2 hours What's the Endgame Here?
  • 10 hours Prototype Haliade X 12MW turbine starts operating in Rotterdam
Alt Text

Is Iran Preparing To Send Oil Back To $100?

Brent oil prices have failed to break through $75 in recent years, but this key resistance point may soon be broken if Iran retaliates in the way that some of our sources suggest it will

Read more +
Alt Text

The World's Most Expensive Oil Nears $100 Per Barrel

Strong demand for heavy-sweet crude grades amid the new shipping fuel regulations has resulted in a recent spot tender in which a crude from Australia sold for close to US$100 a barrel

Read more +
Alt Text

U.S. Gas Giant Downgraded To Junk Status

America’s largest natural gas driller reported a $1.8 billion dollar impairment for Q4 2019, signaling continued distress in the U.S. shale patch

Read more +

Press Releases

Good News from Empire Energy's Appalachia Program

Feb 08, 2012 at 11:27

Empire Energy Group Limited (Empire) is pleased to announce it has achieved oil production from the first well in a planned work over program of existing wells as part of…

Tethys Petroleum Opens New Oil Storage Facility in Kazakhstan

Jan 30, 2012 at 16:13

Central Asian focused oil company Tethys Petroleum Limited (TSX: TPL) today announced the official inauguration of its Aral Oil Terminal - a new oil storage and rail loading facility for…

Westfire Energy Exceeds Production Targets - Fourth Quarter Update

Jan 30, 2012 at 16:11

WestFire Energy Ltd. (TSX: WFE) has experienced a triumphant fourth quarter in which they exceeded their exit production targets, drilled 22 wells with a 100% success rate, and continued to…

Exciting Year Beckons for Manitok Energy - Drilling Results

Jan 30, 2012 at 15:53

Manitok Energy Inc. (TSXV:MEI) is a public oil and gas exploration and development company focusing on conventional oil and gas reservoirs in the Canadian foothills. In 2011 they drilled their…

Petrobakken Reshuffle Debts with Closing of Senior Unsecured Notes Offering

Jan 30, 2012 at 15:50

Petrobakken Energy Ltd. (TSX:PBN) announced that they have closed their previous  private placement offering of senior unsecured notes in an aggregate principal amount of US$900 million, resulting in net proceeds…

Horizon Oil increases acreage position in PNG

Jan 24, 2012 at 09:38

Horizon Oil is pleased to advise that it has executed a farm-in agreement with Eaglewood Energy Inc. to earn a 25% interest in PPL 259 in Western Province, Papua New…

CNOOC Limited Announces Business and Development Strategy for 2012

Jan 19, 2012 at 13:42

On Jan. 18, 2012 CNOOC Limited, China’s largest oil company, announced a summary of their development plans and strategy for 2012. CNOOC Ltd produced an estimated 331 – 332 million…

Chevron Abandons Search for Missing Contractors at Nigerian Rig

Jan 19, 2012 at 13:34

Following the fire that broke out on Monday on a shallow water rig at Chevron’s Funiwa oil facility in southeast Nigeria. The company has had to call off its search…

BP and Sempra Gas & Power to Develop 560 megawatt of Wind Power

Jan 17, 2012 at 13:37

BP, one of the world's largest energy companies, has again teamed up with Sempra US Gas & Power, a leading developer of renewable energy and natural gas solutions, in order…

Energy Transfer Partners LP Finalise $2.85 billion Deal with AmeriGas LP

Jan 17, 2012 at 13:33

Last week Energy Transfer Partners LP (ETP) declared that the previously announced sale of its propane operations to AmeriGas Partners LP (APU) has finally been completed. AmeriGas Partners LP received…

Oilprice - The No. 1 Source for Oil & Energy News