With its soaring oil and gas production will push North America into becoming a net energy exporter by 2025, Exxon Mobil said in its annual energy outlook.
Articles Tagged "natural gas"
Canada's largest natural gas producer has decided to accelerate its shift into the liquids market in an attempt to increase revenue on the back of decade-low gas prices.
With natural gas currently trading at a ten-year low, more and more companies are shifting their corporate strategies to liquid oil.
Spread between WTI and Brent crude the emerging oil story of 2011.
Depending on the investment time frame and assumed risk, opportunities currently exist in both the oil and natural gas sectors supported by current and projected market fundamentals.
Magnum Hunter Resources Corporation (AMEX:MHR) enters into a definitive agreement to acquire Appalachian Basin focused NGAS Resources, Inc. (NASDAQ:NGAS) for approximately $98 million (USD) in common stock and assumed liabilities.
NASDAQ reports that Commodities finished higher for the day as crude futures while gold futures rallied to a new record high as the dollar strengthened.
Last month news reports out of China surfaced that the nation might see its natural gas supply fail to meet 35 percent of the demand in 2011, and the shortage could persist through 2021.
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) provides an operational update on the Company's activities in the Eagle Ford Shale and Niobrara Formation.
Washingtonpost reports that Oil prices continued to slide on lingering concerns about economic stability in Europe.