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 reserves in the world will gather Thursday to determine if the more than $25 slide in global 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 rose for a third straight day as traders searched for clues to whether the Federal Reserve may consider additional measures to spur economic growth. Here’s how 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 appetite, ’s worldwide buying binge for and other 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 consortium on Wednesday won the right to search for and gas in southern as part of the country’s fourth postwar 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 Mexico regulators, grappling with how to best regulate the and natural gas industry, heard from 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 prices keep falling, lowering revenue from the country’s lucrative 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 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 costs dropped by the most in six months, a sign of easing inflation pressures that could give the Federal Reserve 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 fell 2 percent Tuesday, extending a weeklong decline, as signs of global economic weakness raised concerns about demand. 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 officials say the statewide average cash price for home heating is $3.77 per gallon, an 8-cent reduction since March 26.The Governor’s Office says Monday’s survey shows the highest …

Maine average heating oil price down since March

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