June 13 2012

OPEC faces difficult balancing act

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It is shaping up to be an intriguing two days in Vienna. Ministers with some of the largest oil reserves in the world will gather Thursday to determine if the more than $25 slide in global energy prices requires urgent action.

OPEC faces difficult balancing act

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June 06 2012

Oil price climbs for 3rd day, tops $85 per barrel

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The price of oil rose for a third straight day as traders searched for clues to whether the may consider additional measures to spur . Here’s how energy contracts traded …

Oil price climbs for 3rd day, tops $85 per barrel

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June 02 2012

CHINA’S OIL DEALS

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Eager to feed its growing energy appetite, China’s worldwide buying binge for oil and other energy assets is spreading to North and South America.

CHINA’S OIL DEALS

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May 30 2012

Iraq holds 4th postwar oil and gas auction

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A Kuwaiti-led energy consortium on Wednesday won the right to search for oil and gas in southern Iraq as part of the country’s fourth postwar energy auction. Two natural gas exploration deals meanwhile …

Iraq holds 4th postwar oil and gas auction

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May 17 2012

Group: NM lacks adequate oil and gas enforcement

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New regulators, grappling with how to best regulate the oil and natural gas industry, heard from energy producers Thursday who have seen their costs rise and ranchers who are concerned about contamination.At …

Group: NM lacks adequate oil and gas enforcement

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May 17 2012

Russian markets hit 8-month low on oil price drop

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’s main stock index on Thursday hit its lowest point since Oct. 5 as oil prices keep falling, lowering revenue from the country’s lucrative energy sector and as fears grow that ’s political …

Russian markets hit 8-month low on oil price drop

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May 14 2012

InterOil confident $6 billion PNG gas project can be saved

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InterOil Corp said ’s energy department planned to cancel approval for its $6 billion liquefied natural gas complex but it was confident the project could be saved. The department asked …

InterOil confident $6 billion PNG gas project can be saved

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May 11 2012

Producer prices drop, giving Fed more space

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Producer prices drop, giving Fed more spaceProducer prices unexpectedly fell in April as energy costs dropped by the most in six months, a sign of easing inflation pressures that could give the more room to help the should …

Producer prices drop, giving Fed more space

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May 08 2012

Oil prices fall for a 5th day, down 2 percent

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The price of oil fell 2 percent Tuesday, extending a weeklong decline, as signs of global economic weakness raised concerns about energy demand.Oil has fallen every day since May 1. The price of benchmark …

Oil prices fall for a 5th day, down 2 percent

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May 01 2012

Maine average heating oil price down since March

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Maine energy officials say the statewide average cash price for home heating oil is $3.77 per gallon, an 8-cent reduction since March 26.The Governor’s Energy Office says Monday’s survey shows the highest …

Maine average heating oil price down since March

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