KUWAIT (Bloomberg) --Oil demand will grow at a healthy pace over the next five years as renewables show the fastest expansion of any type of energy, the head of the Organization of Petroleum.........
see more >>HOUSTON -- Optum Energy Solutions has entered the pipeline drag reducer market as a major manufacturer and full service supplier. Flow Optimizer is Optums new, water-based DRA technology, de.........
see more >>MOSCOW -- Specialists from the Gazprom Neft Science and Technology Centre, inpartnership with Yandex Terra (LLCSeysmotek), Pangea PJSC and the Moscow Institute ofPhysics and Technology (MIPT.........
see more >>FORT WORTH, Texas -- GEODynamics, Inc. announced today it finalized payments of all future royalties to QinetiQ Group, PLC toward the portfolio of U.S. and international patents related to r.........
see more >>HOUSTON -- A new micro-alliance between multiple technology-driven service companies, collectively called the Well Performance Network (WPN), launched today, to revolutionize well constructi.........
see more >>NEW YORK (Bloomberg) --Oil took a downward turn as concerns eased about Tropical Storm Nates threat to offshore crude platforms and coastal refineries while prices broke through a key techni.........
see more >>NEW YORK, Sept. 28 (Xinhua) -- Oil prices fell on Thursday after gaining sharply in the past two weeks. The West Texas Intermediate for November Delivery dropped 58 U.S. cents to settle at 5.........
see more >>CALGARY (Bloomberg) --Shale drillers and oil sands producers have posted some healthy profits so far this year, but itll take oil consistently above $50/bbl for their investments to pay off .........
see more >>NEW YORK, Sept. 26 (Xinhua) -- Oil prices declined on Tuesday as investors took profits from recent rally. The West Texas Intermediate for November Delivery lost 34 U.S. cents to settle at 5.........
see more >>LONDON and SINGAPORE (Bloomberg) --Oil bulls are back in the drivers seat with $60/bbl in sight, but it could be a short ride. OPEC and Russia are cutting output deeper than ever, demand is .........
see more >>LONDON -- Block Energy, an exploration and production company focused on the Republic of Georgia, has announced that it has agreed to acquire the outstanding 31% working interest in, and to .........
see more >>ZUG, Switzerland -- Transocean announced today its intent to retire the ultra-deepwater floaters GSF Jack Ryan , Sedco Energy , Sedco Express , Cajun Express , and Deepwater Pathfinder , and.........
see more >>WASHINGTON, D.C. -- Independent Petroleum Association of America (IPAA) President and CEO Barry Russell issued a statement in response to a U.S. appeals courts dismissal of a hydraulic fract.........
see more >>NEW YORK, Sept. 18 (Xinhua) -- Oil prices settled mixed on Monday as oil demand is seen decreasing with refiners set to begin seasonal maintenance. The West Texas Intermediate for October de.........
see more >>CAMARILLO, California -- BNK Petroleum Inc. has announced that fracture stimulation completion operations on the previously drilled Brock 9-2H well have commenced. The fracture stimulation i.........
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