Buckeye Partners, L.P. Acquires Refined Petroleum Products Terminals and Pipeline in Maine
Buckeye Partners, L.P. (NYSE:BPL) reports it has acquired two petroleum products terminals and a pipeline.
Buckeye Partners, L.P. (NYSE:BPL) reports it has acquired two petroleum products terminals and a pipeline.
Monday, February 7, 2011
The increasing investment in harder-to-reach oil is often sited as a sign of oil companies' belief in the end of easy oil. Additionally, while it is widely held that increased prices catalyze an increase in production, a growing number of oil insiders are now coming to believe that production is unlikely to increase widely beyond current ranges.
Continue reading "Peak Oil"
Tuesday, December 14, 2010
Alberta Star Development Corp. (CVE:ASX) acquires petroleum and natural gas rights on a 160 acre parcel of undeveloped lands in the Lloydminster heavy oil region.
Continue reading "Alberta Star Successful at the Saskatchewan Crown Land Sale"
Tuesday, November 2, 2010
Treaty Energy Corporation (OTC:TECO) updates on the progress of its Joint Venture with Princess Petroleum Limited on the 2 million acre concession in Belize.
Continue reading "Treaty Energy Updates Progress on Belize"
Tuesday, June 22, 2010
With all of the attention to the petrochemicals industry currently, a recent survey conducted by Resources Investing News has highlighted both oil and natural gas sectors as areas of high interest for investors.
Continue reading "Oil and Gas: A Top 5 Resource Pick"
Tuesday, June 8, 2010
Oil prices gained as much as 1 percent with analysts offering further support; expecting a decline of 1 million barrels of U.S. oil supplies from 363.2 million last week. Oil inventories have not fallen nationwide for two consecutive weeks since January.
Continue reading "Oil Prices Climb on Supply Concerns and Bernanke Comments"
Tuesday, June 2, 2009
India’s Hindustan Petroleum Corp. has purchased one cargo of Nigerian Escravos crude oil late last week via its regular monthly tender for sweet crude. For full story, click here
Continue reading "India’s Hindustan Petroleum has purchased Nigerian Crude Oil"
Tuesday, May 5, 2009
Crude oil fell on Tuesday, snapping four days of gains, on concern a U.S. government report will show stockpiles climbed from the highest level since September 1990. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year.
Continue reading "Crude oil headed for $71.55 a barrel"
Friday, April 17, 2009
Recent dismal economic data and growing U.S. inventories kept oil prices below $50 a barrel Friday despite hopes of a possible second-half recovery in crude demand. Benchmark crude for May delivery fell 40 cents to $49.58 a barrel by Noon in European electronic trading on the New York Mercantile Exchange. The contract on Thursday rose 73 cents to settle at $49.98.
Continue reading "Downward Pressure On Oil Price"
Friday, April 10, 2009
India’s second-largest state-run refiner, Bharat Petroleum Corp. announced that it has issued a tender to purchase May-June loading sweet and sour crude. For full story, click here
Continue reading "India’s BPCL forecasted sweet and sour crude"
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Tuesday, July 19, 2011