Pantheon Resources plc the AIMquoted oil and gas exploration company with a 50 working interest in several projects in Tyler and Polk Counties onshore East Texas is pleased to announce the spuddi Read full story › Source:: Oil Voice       

By hellenicshippingnews U.S. energy companies are planning more layoffs, asset sales and financial maneuvers to deal with a recent, sudden drop in U.S. crude-oil prices to under $50 a barrel, the lowest level in four months. The companies had been banking on a rebound in oil prices in the second half of 2015 after a […]

What do you do when the world is awash with oil, your biggest customer has suddenly become almost self-sufficient and your nearest competitor is producing a more suitable quality of oil for your remaining market? You ban 113 crude tankers from entering your territorial waters with immediate effect, of course- simples! This is the curious […]

By hellenicshippingnews Iran aims to introduce a new petroleum contract internationally in the next two to three months, its deputy oil minister said on Thursday, part of the Islamic Republic's plan to boost output post-sanctions. The proposed contract is more liberal than Iran's previous “buy-back” contracts, Hossein Zamaninia, Iran's deputy oil minister for commerce and […]