Legacy Oil + Gas Inc. Announces Timing Of 2013 Third Quarter Results Press Release And Conference Call
Oct. 25, 2013 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX: LEG) announces that the Company expects to release its 2013 third quarter financial and operational results ...
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Petromin Grants Stock Options
Nov. 1, 2013 /CNW/ - Petromin Resources Ltd (the "Company") announces the grant of 2,450,000 stock options to certain members of Management and ...
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Enbridge Submits Plan For Crude Oil Pipeline Across Minnesota
Pipeline operator Enbridge Energy filed detailed plans Friday for the planned $2.6 billion Sandpiper pipeline slicing 299 miles across northern Minnesota that will carry oil from the Bakken region to a Superior, Wis., oil ...
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Enbridge Submits Plan For Crude Oil Pipeline Across Minnesota
Pipeline operator Enbridge Energy filed detailed plans Friday for the planned $2.6 billion Sandpiper pipeline slicing 299 miles across northern Minnesota that will carry oil from the Bakken region to a Superior, Wis., oil ...
Source Oil and Gas News
Rushing for the Arctic's Riches:
WHILE many existing oil and gas reserves in other parts of the world are facing steep decline, the Arctic is thought to possess vast untapped reservoirs. Approximately 13 percent of the world's undiscovered oil deposits and 30 percent of its natural gas reserves are above the Arctic Circle, according to the United States Geological Survey. Ref. Source 4
Saudi billionaire prince warns gov. Over oil price drop:
Saudi Arabia, the world's largest oil exporter, does not appear to be taking any action to deal with falling oil prices. In the past few years, the country has always considered a price level of $100 per barrel as good for both producers and consumers. Oil prices are now trading at less than $90 per barrel for benchmark Brent crude. Ref. Source 7
Putin blames politics for falling energy prices:
In an interview with Chinese media published on Thursday, Putin did not blame any particular country for the price drop, but some Russian political commentators have depicted it as a Saudi-U.S. Plot against Moscow. Ref. Source 2
OPEC oil ministers don't cut production levels
At a meeting in Vienna, the Organization of the Petroleum Exporting Countries decided against cutting oil output levels. The decision comes amid slumping demand, falling prices and increased output from non-OPEC countries such as the United States and Russia. Oil prices fell sharply on the news. Ref. USAToday