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Obama: Iranian oil, good. Canadian oil, bad. American oil, bad.

President Obama's confusing approach to energy encourages our enemies who shout 'death to America,' while penalizing our closest allies and even our own job creators. Iran's participation in the nuclear negotiations that have slogged on for months, have now, ...

Vermilion Energy announces farm-in agreement in Germany

Vermilion Energy Inc. (TSX, NYSE: VET) is pleased to announce that we have entered into a farm-in agreement with Mobil Erdgas-Erdol GmbH and BEB Erdgas und Erdol GmbH & Co.KG. MEEG is 100% held by ExxonMobil and BEB is jointly held by ExxonMobil and Royal Dutc ...

PRD Energy to cease operations in Germany

PRD Energy Inc. (TSX VENTURE:PRD) announces that the Company has decided to cease operations in Germany. Background PRD's strategy has been focused on developing existing oil fields in Germany which had either been abandoned or underdeveloped. Several factor ...

Cardinal Energy announces second quarter results

Cardinal Energy Ltd. (TSX:CJ) is pleased to announce its operating and financial results for the three and six months ended June 30, 2015. Financial and Operating Highlights Production for the second quarter increased 74% to 11,294 boe/d compared to the secon ...

Serinus Energy provides second quarter 2015 operations update

Serinus Energy Inc. (TSX:SEN) (WARSAW:SEN) is pleased to provide an update for its operations for the second quarter of 2015. Resumption of Production at Sabria As reported in the Company's press release of July 27, 2015, production has recommenced at the Sa ...

Whiting Petroleum Corporation appoints new director

Whiting Petroleum Corporation (NYSE: WLL) today announced that it has appointed Carin S. Knickel to the Company's Board of Directors. Ms. Knickel served as Vice President, Human Resources of ConocoPhillips, Inc. from 2003 until her retirement in 2012. She has ...

Marcellus, Utica provide 85% of U.S. shale gas production growth since start of 2012

The productivity of natural gas wells in the Marcellus Shale and the neighboring Utica Shale is steadily increasing because of ongoing improvements in precision and efficiency of horizontal drilling and hydraulic fracturing occurring in those regions. Since J ...

National Oilwell Varco announces second quarter 2015 earnings

National Oilwell Varco, Inc. (NYSE: NOV) today reported that for its second quarter ended June 30, 2015, it earned net income of $289 million, or $0.74 per fully diluted share, compared to first quarter ended March 31, 2015 net income of $310 million, or $0.76 ...

Kina Petroleum - Inventory for growth

Kina Petroleum Limited is a Papua New Guinea (PNG) registered company and was established in 2009 to apply for and acquire oil and gas exploration and production concessions in PNG. Although it has just participated in two dry wells (carried by Heritage Oil) t ...

Tracking the rise of the refrac: New Frontiers

How does one prompt more oil production in a time of lean budgets and low prices? In this week's Oilgram News column, New Frontiers, Starr Spencer explains how some are trying to find success by revisiting horizontal wells. If at first you don't produce, frac, ...

Rosneft prepares for drilling of 62 wells in the Nenets autonomous district

Rosneft has announced the purchase of equipment for the drilling of 62 production wells at fields in the Nenets autonomous district at the total amount of 3.174 billion rubles, the company reports. According to the procurement documentation, the drilling is p ...

Oil price, BP, Trap/Jersey, Global Petroleum, Sundry-Pantheon-Gulf Keystone- And finally...

Oil price If it wasn't already an element in the oil price then volatility in Chinese markets certainly is now, with commodity bears reading badly into recent data and thinking a hard landing scenario all over again. Yesterday might have been worse but for a ...

Pura Vida Energy fails to encounter oil in the secondary objectives at MZ-1 exploration well

Pura Vida Energy NL (ASX: PVD) advises that the MZ-1 exploration well has reached a depth of 4,653 metres within the Lower Cretaceous and that wireline logs have been run to evaluate the entire open hole section of the well. Preliminary results from all of the ...

Kinetiko Energy and Badimo Gas provide update on Amersfoort gas discovery, South Africa

Expression of interest to fund Amersfoort project received from South Africa's Industrial Development Corporation Regulatory approval of proposed work programme is in the process of being approved by the Petroleum Agency of South Africa Work programme represe ...
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