Global Energy Industry News

COLUMN-Oil rallies as hedge funds are caught short: Kemp

May 11, 2015
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LONDON, May 11 (Reuters) – Oil’s sharp rally since the middle of March has been driven by a race among bearish hedge funds to cover loss-making short positions rather than any great bullishness about the outlook.

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Source:: Reuters UK Natural Resources […]

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OPEC expects oil prices to be about $76 a barrel in 2025 – WSJ

May 11, 2015
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May 11 (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) expects oil prices to be about $76 a barrel in 2025 in its most optimistic scenario, the Wall Street Journal reported, citing a draft of the cartel’s latest strategy report.
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Source:: Reuters UK […]

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Pantheon Resources announces East Texas drilling programme rig contract has been formalised

May 7, 2015
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Pantheon Resources plc the AIMquoted oil and gas company with a 50 working interest in several projects within Tyler and Polk Counties East Texas is pleased to announce the contracting of a suita

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Source:: Oil Voice […]

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Shell faces huge task in integrating BG

May 6, 2015
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Cultural differences highlight the scale of the challenge of combining the companies Read full story ›

Source:: FT.com Oil and Gas […]

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