By hellenicshippingnews U.S. oil and gas drillers are reporting the biggest and most sustained upturn since oil prices began slumping in the middle of 2014. The number of rigs drilling across the country has risen by 149, or 40 percent, since hitting a cyclical low at the end of May, according to oilfield services company […]

Pantheon Resources plc the AIMquoted oil and gas exploration company with a working interest of 5058 in several conventional projects in Tyler and Polk Counties onshore East Texas is pleased Read full story › Source:: Oil Voice       

By hellenicshippingnews Oil traded near $50 as better-than-expected economic data in Europe countered Iraq's demand that OPEC should exempt it from planned output cuts. Prices rose as much as 0.3 percent in New York. A Purchasing Managers' Index for manufacturing and services in the euro zone rose to 53.7 in October, the fastest pace since […]

The NIOC just announced that it is offering 50 fields to international bidders 29 of them oil fields and the remainder gas fields. What are the timelines of the prequalification process Deadline fo Read full story › Source:: Oil Voice