Just this week, oil futures fell again after the United States Energy Information Administrations reported an unexpected build in weekly crude inventory. There was a “surprise” build of 1.671 million barrels, to a total of 521.1 million barrels in a time when...
This post is originally from Oil & Gas Journal. 08/13/2014 Rachael Seeley, Editor For Mexico, constitutional reform was just the first step in the long process of opening up its energy industry to outside investment. Secondary laws must now be passed, and...
This post is originally from Oil & Gas Journal. HOUSTON, June 16 06/16/2016 ByTayvis Dunnahoe OGJ Exploration Editor Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) has awarded Chariot Oil & Gas Investments (Morocco) Ltd., a wholly owned...
This post is originally from Oil & Gas Journal. WASHINGTON, DC, June 9 06/09/2016 By Nick Snow OGJ Washington Editor Continuing lower crude oil and natural gas prices could make many Middle Eastern and Central Asian producing countries’ governments...
Global oil prices have been in crisis for some time now, with oil prices descending to a 13 year low in what has been nearly two years of slump in prices. In 2014, the discussion was if Saudi Arabia had flooded the market on purpose. If they did, was it politically...
