You are viewing the North American News Edition
Choose the news you want to read
View the site in World Edition, North American News Edition
UK News Edition or Australian News Edition
There was a glimmer of positive economic news from the US this week with encouraging manufacturing data. All eyes are still on the employment numbers as the sluggish jobless recovery has threatened to hamper consumer confidence.
Full story...The slow recovery in the global economy and particularly in the US is keeping oil prices stagnant. Despite hopes of increased demand a few weeks ago, the bulls are keeping quiet in this traditional holiday period. In early
Full story...The state of the global economy continued to disappoint the market this week and helped drag oil prices lower. Crude oil prices were at a six-week low, bucking the positive trend seen in recent weeks. In early trading on Friday,
Full story...The economy is still driving oil price sentiment and this week the data presented a bit of global doom. Analysts were hoping the global economy would pick up in the second half, but the realists are predicting a slow, sluggish
Full story...It’s been a rocky couple of months for shareholders in Serica Energy, which has seen its share price suffer on the back of May’s Conan duster in the East Irish Sea and ongoing production problems at its Kambuna gas/condensate
Full story...A weak dollar and encouraging economic indicators gave strength to the oil price this week. The oil price is straddling the low dollar and the prospect of stronger equity markets and in recent months is emerging as the winner. In
Full story...Final preparations are being made at Scottish-based heavy oil enthusiast Xcite Energy in readiness for the drilling of the 9/3b-R pre-development well at the Bentley field in the North Sea next month. Although the coded name of
Full story...The Q2 results from the world’s supermajors were dominated by the high profile problems at BP, which offset a record quarterly loss of US$17 billion against the departure of CEO Tony Hayward, who earned himself the title of “most
Full story...The energy industry delivered encouraging second quarter results this week as investors looked cautiously to American GDP figures. The dollar remained weak and stock markets in Asia were down at the end of the week. On Thursday
Full story...Shares in Nighthawk Energy ticked up six per cent on Monday when the shale hopeful provided a positive update on efforts to sell part of its equity in the Jolly Ranch project in Colorado. Last month the AIM-quoted company and
Full story...Earlier this month we reported how Minneapolis-based clean energy technology company Bixby Energy Systems had reached a corporate milestone by shipping its first coal-to-gas unit to China, one of three units on order to that
Full story...The oil price continued in volatile territory this week, reacting to economic news, rising stockpiles and financial market uncertainty. While the economic recovery remains fragile we can expect oil prices to move on the slightest
Full story...Oil producers are having a decent summer as oil prices hover on the right side of seventy dollars. Positive economic news from the US and Europe had some impact this week, the stock markets are holding steady and OPEC sees a
Full story...Having run into obstacles in its bid to buy assets in Argentina and Mongolia, TSX Venture-listed Canoel International Energy Ltd is now acquiring a shell company in Norway. Last month Canoel, which IPO-ed in April 2008 to
Full story...When John McGoldrick, chairman of Caza Oil & Gas presented at our oilbarrel.com conference on May 23, he said his company was just after having come through a tough six months. He had seen his share price tumble as low gas
Full story...
Directors And Officers
