29.05.2012
- OPEC output in May has hit its highest since 2008 as Saudi Arabia maintained high production rates despite a drop in prices and Iranian shipments did not fall substantially further...
29.05.2012
- A boom in unconventional natural gas over the next 20 years could see the United States and others benefit from cheaper energy while the importance of the Middle East declines, the...
07.03.2012
- Alternatives To Oil - Light olefins, or short alkenes, are key platform molecules for the chemical industry. They are almost exclusively obtained from fossil oil. Because of the...
02.02.2012
- Exxon Mobil reported quarterly earnings that narrowly beat expectations, on higher oil prices and asset sales of about $1 billion, but the company's shares dropped nearly 2% as its...
06.09.2011
- Oil and gas account for more than half of all primary energy consumed globally. The sheer volume of oil and gas consumed means that these fuels will continue to feed a large share...
07.01.2011
- OMV has agreed to buy U.S.-based Pioneer Natural Resources' Tunisian units for $866 million as the Austrian energy group bulks up North African operations that have become a core...