UN Chief urged Friday an independent probe to investigate recent attacks on two oil tankers in the Gulf of Oman.
Read More »Persian Gulf on Edge as Conflicting Accounts of Tanker Attacks Swirl
The U.S. political and military standoff with Iran hardened as conflicting narratives about a pair of attacks on tankers near the Persian Gulf stoked regional tensions and raised the risk of a miscalculation.
Read More »Schulich Buys 5% of MEG Energy Despite Canadian Energy Concerns
Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.
Read More »Houston American Energy Begins Producing from Frost 1-H well in Yoakum County
Houston American Energy Corp. today announced an update on operations on the Frost #1H well located in the Northwest Shelf of the Midland basin. in Yoakum County. Texas.
Read More »Energean Bids For EDF Oil and Gas Assets
Energean Oil &. Gas Plc. the Greek energy producer that sold shares in London last year. is bidding for the oil and gas business of Electricite de France SA’s Italian unit. people familiar with the matter said.
Read More »Parsley Energy Says it is Attractive for Any Buyer
Parsley Energy Inc. said it would be attractive for any potential buyer as the U.S. shale driller expects to generate positive free cash flow in the back half of this year.
Read More »Iran Auto. Defense Industries Eye Tie-Up to Beat Sanctions
Iran’s auto industry has emerged as one of the frontlines in a raging economic war on the country which is lining up its defense ministry to protect the sector from US sanctions.
Read More »Oil Supply to Swamp Demand. Squeeze OPEC in 2020
Global oil supplies will increase far more than demand next year with the start of a host of new projects. putting further pressure on the OPEC cartel.
Read More »Oil Demand Signals are Flashing Red as Price Dives Toward $50
Oil demand is shriveling as the trade war between the U.S. and China trips up the global economy.
Read More »Trade Deal Could Propel U.S. to Top of China`s LNG Supplier List
Here’s another reason for Presidents Donald Trump and Xi Jinping to seal a swift trade deal: it could put the U.S. on track to become China’s biggest supplier of liquefied natural gas. according to Morgan Stanley.
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