Category: Oil Investing

Hess Corp. (NYSE: HES) Sells Russian Assets

Written by Brian Hicks
Posted April 2, 2013

In an effort to focus on crude oil exploration, Hess Corp. (NYSE: HES) is selling assets, and its Russian subsidiary is the next to go...

Oil Spill a Threat to Keystone Pipeline

Written by Brian Hicks
Posted April 2, 2013

The recent spill from Exxon's (NYSE: XOM) Pegasus pipeline in Arkansas could create a setback for TransCanada's (NYSE: TRP) Keystone XL...

Shale Explosion

Written by Keith Kohl
Posted April 1, 2013

Pad drilling is the breakthrough technology about to elevate the North American shale boom to the next level...

Gasoline Prices Could Jump

Written by Brian Hicks
Posted April 1, 2013

A new EPA proposal, requiring 15% ethanol in gasoline, could boost gas prices, vehicle prices, and even cause engine problems in vehicles...

Barnett Shale Asset Purchase

Written by Brian Hicks
Posted April 1, 2013

A subsidiary of Japan's Tokyo Gas Co. Ltd. will join Quicksilver Resources Inc. (NYSE: KWK) in developing Barnett shale assets...

Libyan Oil Exports to Egypt

Written by Brian Hicks
Posted April 1, 2013

On the road to recovery, Libya will attempt to help Egypt by exporting oil to the economically struggling North African nation...

Saudi Arabia Oil Investing

Written by Jeff Siegel
Posted March 31, 2013

Saudi officials are trying to diversify the country's energy mix, thereby allowing less domestic consumption. But they waited too long. Is Saudi Arabia about to import oil from the United States?

BP (NYSE: BP) $500 Million Oil Investment

Written by Brian Hicks
Posted March 28, 2013

BP will attempt to help boost UK oil and gas output by developing the offshore Clair field near the Shetland Islands...

Banking on South Texas Oil

Written by Keith Kohl
Posted March 28, 2013

Keith Kohl explains why Texas is in the midst of an oil rebirth, with new technology breathing life into long-abandoned fields.

Shell (NYSE:RDS.A) Invests $1 Billion in China Shale Gas

Written by Brian Hicks
Posted March 28, 2013

China is officially beginning the exploration and development of its shale gas resources with help from a contract with Shell (NYSE:RDS.A).

Petrobras (NYSE:PBR) Unloads Nigerian Oil Assets

Written by Brian Hicks
Posted March 27, 2013

Brazil's state-run Petrobras is selling Nigerian oil assets to renew focus on exploration and production domestically...

Canadian Rail Booming on Oil Production

Written by Brian Hicks
Posted March 26, 2013

As oil producers await decisions on numerous oil pipelines, they are transporting their products with existing railways...