$4 gas: Get used to it A new U.N. report says the massive bets placed on the commodities markets are the "root cause" of the volatility in oil and gas prices. And that's not about to change. Asia Fuel Oil-Oct/Nov plunges to over six-month low SINGAPORE (Reuters) - Asia's...
For example, while ExxonMobil is generally considered to be an oil and gas exploration and production company, it is also heavily involved in refining, pipelines and petrochemicals manufacturing. ExxonMobil also generates a major portion of its revenues outside the U.S. This report is focused on...
Edward Hirs, energy fellow at the University of Houston, says: “The key thing is they have a magnificent cost advantage over gas-fired power plants. The marginal cost of solar is zero.” Texas already ranks first in the US in wind power capacity. It is now on its way to having the ...
FreeOil and Gas Stocks Directory at OilandGasStockNews.com and Investorideas.com global oil and gas stocks listed on the TSX, TSX Venture, CSE, OTC, NASDAQ, NYSE, AIM, China and ASX stock exchanges.
Global oil is roughly $90 as I write (flying over Gulf oil fields on my way to Houston). Why aren’t oil companies punching more holes in the ground? At $90 oil is wildly profitable, at least in the US. Natural gas prices are just insanely profitable at this moment, but will it ...
George Gosbee, president of P2ES parent company, Tristone Energy Services, said, ‘This acquisition advances our corporate goal of becoming the leading provider of upstream financial and technology services in North America.’ Other Tristone companies include Tristone Capital and The Oil & Gas Asset...
Year end 2021 will see the end of two venerable oil and gas institutions as Energistics shuts up shop in Houston and Common Data Access closes its doors in London. The UK Government’sOil & Gas Authorityflipped the switch on the UK National Data Repository on the 1st of July 2021, marking...
Oil and Gas Risk Management Fractional CFO Services How Does Hedging Work in Oil and Gas? The Arab oil embargo of 1973, and the subsequent nationalization of significant reserves previously controlled by a handful of large, private companies, ushered in a new era of price instability. ...
Oil rigs fell by one to 496 this week, while gas rigs rose by one to 100. However, the total rig count fell for the third month in a row in May, dropping by 13, the most in a month since August. Money managers raised their net long U.S. crude fut...
Tee tee and I are OK now, in a much better place with each other, a mutual understanding, if you will. He knows I think he is stupid and does not jack shit about the oil business. Rigzone and others suggest that the worldwide oil and gas industry lost over 500,000 jobs since ...