Oilfield Magazine

Oil prices drop as U.K. votes to leave EU

    Oil prices drop as U.K. votes to leave EU

By Nicole Friedman Oil Prices Hammered by U.K. Vote to Leave EU – WSJ NEW YORK—Oil prices plunged Friday as the U.K.’s vote to leave the European Union in a

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Oil prices up to six-month highs

    Oil prices up to six-month highs

Dmitry Zhdannikov, Reuters Oil soars to six-month high on growing production disruptions, Goldman forecast – BNN News Oil prices jumped more than 2 per cent on Monday to their highest

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ETAP signs acquisition contract of Swedish company “PA RESOURCES” shares in Tunisia

    ETAP signs acquisition contract of Swedish company “PA RESOURCES” shares in Tunisia

The Tunisian Company for Petroleum Activities (ETAP) signed on Friday an agreement to acquire shares of oil returning to the Swedish company “PA RESOURCES in Tunisia,” said in a statement,

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Halliburton Joins Schlumberger in Cutting Venezuelan Activity

    Halliburton Joins Schlumberger in Cutting Venezuelan Activity

Halliburton Co. has joined rival Schlumberger Ltd. in curbing activity in Venezuela due to lack of payment during the oil industry’s worst financial crisis.

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Can OPEC push oil prices higher

    Can OPEC push oil prices higher

by Ivana Kottasova Can OPEC do the impossible? The world’s major oil producers are meeting in Algeria this week, trying again to find a way of pushing prices higher. Despite

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Solar energy isn’t ‘FREE’ nor Economical!

    Solar energy isn’t ‘FREE’ nor Economical!

Here is the fallacy in this concept of free energy: Those 150-foot blades, the turbines, and the pedestals aren’t cheap. Payback is in years. Solar panels have the same issues.

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Oil output drops with the wildfires in Fort McMurray

    Oil output drops with the wildfires in Fort McMurray

Jeffrey Jones and Jeff Lewis The Alberta wildfire that has destroyed entire neighbourhoods in Fort McMurray took a growing toll on the energy industry on Thursday, forcing as much as

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As oil goes up, U.S. oil producers rush to hedge prices

  As oil goes up, U.S. oil producers rush to hedge prices

By Liz Hampton HOUSTON (Reuters) – U.S. oil producers pounced on this month’s 20 percent rally in crude futures to

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Oil up for three consecutive weeks!

  Oil up for three consecutive weeks!

REUTERS Oil prices jumped on Friday and were poised for a third week of gains as market sentiment turned more

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No deal to freeze production in Doha

  No deal to freeze production in Doha

Javier E. David A summit in Doha between the world’s largest oil producing countries ended without an agreement on Sunday,

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The same guy that predicted oil’s fall says this

  The same guy that predicted oil’s fall says this

Stephanie Landsman When oil was trading for about $74 a barrel in late 2014, oil analyst Tom Kloza made what

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US deploys B-52s to bomb in Syria

  US deploys B-52s to bomb in Syria

By Patrick Martin The US Air Force sent B-52 bombers to the Persian Gulf Saturday and plans to use them

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Oil prices jump over 6% on Friday

  Oil prices jump over 6% on Friday

REUTERS U.S. oil prices jumped over 6 percent on Friday, posting their largest weekly gain since February, as drawdowns in

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