Finance

Recent Alaskan bill seeks to reduce tax burden on larger oil and gas operations Incentive could result in increased production to mitigate North Slope declines, ...

NYC-based PIRA Energy Group Reports that October’s oil demand weakness is deceptive and product demand will soon get a substantial lift to propel refining margins ...

NYC-based PIRA Energy Group reports that Asian oil markets are fundamentally supportive, but Atlantic basin imbalances remain. On the week, U.S. crude stocks built again, ...

With high operating and development costs surrounding many offshore Arctic fields, profit can only be achieved with decreased state taxation rates under current market conditions, ...

NYC-based PIRA Energy Group reports that the U.S. is now largest oil supplier in the world. On the week, continued low U.S. runs led to ...

  Newfield Exploration Company (NYSE: NFX) has announced the signing of a share purchase agreement to sell all of its equity interests in Newfield Malaysia ...

Transocean Ltd. (NYSE: RIG) will replace Dell Inc. (NASD:DELL) in the S&P 500 after the close of trading on Monday, October 28. Founder Michael Dell ...

PIRA Energy Group, a NYC-based energy markets consulting firm, reports that the U.S. is the world’s largest producer of oil in 2013, according to data ...

A decline in production among Malaysia’s shallow-water reserves has prompted the country to shift its focus towards new development opportunities in deepwater areas and marginal ...

Business Monitor has just released its latest findings on Nigeria’s volatile oil and gas sector in its newly-published Nigeria Oil and Gas Report. The report ...

By Steven Kopits, Douglas-Westwood, New York Alaskan oil production peaked in 1988 at around 2 million bpd and has been falling since, possibly down to ...

NYC-based PIRA Energy Group reports that Brent crude prices came off their early September highs. On the week, the U.S. had strong product demand trend ...