U.S. crude oil futures ended more than a dollar higher on Friday as analysts warned the death of
Iraq’s al Qaeda leader Musab al-Zarqawi on Thursday would not end threats to Iraq’s battered oil industry.
There are other militant groups that could intensify their efforts to carry out sectarian violence and continue to destabilize oil production and […]
Separatist rebels have been blamed for a series of five explosions that wounded at least six people and blew up oil and gas pipelines overnight in northeast India.
A police spokesman said four landmines and a grenade were set off in Assam state late Friday, hours after a bomb killed five people and injured six in […]
Ness Energy International, Inc. (OTC Bulletin Board: NESS), announced today the entry into funding agreement with four institutional investors. Pursuant to these agreements, Ness received $900,000 and will be repaying $1,022,727, the difference reflecting the interest on the notes that were a part of the funding agreements.
This financing affords Ness the ability to pursue opportunities […]
Hemi Energy Group Inc. (Pink Sheets: HMGP) announced today that it has closed an acquisition of producing oil and gas properties in Montgomery County, Kansas. Hemi has also announced that it has recently filed an information disclosure statement pursuant to rule 152C-11 with Pinksheets.com.
The acquisition of this property gives Hemi 100% working interest ownership (80% […]
Secretary of State Robin Carnahan urges Missouri investors to be wary of fraudulent oil, gas and alternative energy solicitations over the next several months.
With higher gas prices at the pumps and increasing natural gas, propane and fuel oil costs, the Missouri Securities Division in Carnahan’s office warns that recent trends indicate fraudulent investment scams in […]
Canada’s National Energy Board (NEB) warned yesterday that Canada’s natural gas production may be forced to grind to a screeching halt late this summer as storage fields bulge to capacity and consumption drops. In Alberta, which relies on 3/5ths of its energy royalties coming from natural gas production it was anything but good news, though […]
Garfield County has a new oil and gas liaison. Tim Pinson made his county debut, so to speak, last Thursday at the Energy Advisory Board meeting in Rifle.
Most recently from Denver, where he has been an oil industry consultant, Pinson gleaned a good deal of his experience working in the oil fields of the North […]
Mr. David Johnson, President and CEO of ProEx Energy Ltd. (”ProEx” or the “Company”) will present at the 18th Annual CAPP Oil & Gas Investment Symposium on Monday, June 12, 2006 at 9.55 a.m., Calgary time and on Tuesday, June 13, 2006 at 3:25 p.m., Calgary time.
A live webcast of the ProEx presentation on Monday, […]
The federal government on Friday released a map of proposed Western energy corridors where new electricity transmission lines and pipelines for natural gas, oil and hydrogen could one day ferry energy from wells or power plants to the region’s cities.
The corridors cross 11 states and cover thousands of miles, stretching from Washington to Wyoming and […]