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, China’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 Iraq as part of the country’s fourth postwar auction. Two natural gas exploration 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 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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