Petrominerales Ltd. (TSE:PMG), a 65 percent owned subsidiary of Petrobank Energy and Resources Ltd. (TSE:PBG) confirms our 2011 capital and strategic plan.
Continue reading "Petrominerales Updates 2011 Capital Program"
Sunday, February 8, 2009
India’s biggest oil producer, has invited bids to hire deepwater drilling equipment in an attempt to speed up its delayed exploration plans. For full story, click here
Continue reading "Oil & Natural Gas Issues Bids to Hire 4 Rigs"
Friday, November 28, 2008
The current global credit crisis and an over 63 per cent fall in crude oil prices in the last four months have resulted in oil companies drilling fewer wells in offshore areas. For full story, click here
Continue reading "Rig rates down by 10 per cent"
Friday, August 29, 2008
Oil prices are being pushed upwards by the impending arrival of tropical storm Gustav in the Gulf of Mexico. Gustav is projected to become “the largest hurricane in the Gulf of Mexico since Katrina”. Workers are already being evacuated from oil and gas rigs in the area, which has pushed up NYMEX oil futures past $117.
Continue reading "Benchmark: August 29"
Tuesday, July 29, 2008
The lack of availability of rigs prevented Reliance Industries and Oil & Natural Gas Corp (ONGC), two of India’s biggest oil explorers, to benefit from record crude oil prices in the first six months of this year. For full story, click here
Continue reading "Rig shortage in Reliance’s and ONGC’s drilling operations"
The Crude Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
OilInvestingNews.com maintains a focus on Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Tuesday, December 14, 2010