OIL

Energy outlook: US dependence on imported oil to wane in coming years - Farm and Dairy

Globe and MailEnergy outlook: US dependence on imported oil to wane in coming yearsFarm and DairyUS dependence on imported petroleum liquids declines in the latest outlook, primarily as a result of growth in domestic oil production of over 1 million barrels per day by 2020, an increase in biofuel use of over 1 million barrels per day crude oil ...Magnum Hunter Resources and Triangle Petroleum Benefit From North American Oil ...MarketWatch (press release)How to Heat Your Home for Free (or Profit) This WinterDailyFinanceUS oil industry seeks policy changes as EIA unveils annual energy outlookHydrocarbon ProcessingAmericans for Tax Reform -The Economist (blog) -EON: Enhanced Online News (press release)all 97 news articles »

Occidental Petroleum 4Q Net Up 35% On Higher Oil Prices - Wall Street Journal

Globe and MailOccidental Petroleum 4Q Net Up 35% On Higher Oil PricesWall Street JournalOccidental Petroleum Corp.'s (OXY) fourth-quarter earnings rose a better-than-expected 35% as higher selling prices for oil and natural-gas liquids continued to bolster revenue. Occidental reported a fourth-quarter profit of $1.63 billion, ...Occidental Petroleum (OXY) Shares Given a "Buy" Rating by Goldman Sachs (GS ...LocalizedUSAOccidental Petroleum profit rises 35%Los Angeles TimesOccidental Petroleum Announces Fourth Quarter and Twelve Months of 2011 IncomeMarketWatch (press release)CBS News -NASDAQall 64 news articles »

U.S. DOE Weekly Petroleum Status Report for Jan. 20 (Text) - Bloomberg

ETF Daily NewsU.S. DOE Weekly Petroleum Status Report for Jan. 20 (Text)BloombergFollowing is the text of the weekly Petroleum Status Report from the US Department of Energy: US crude oil refinery inputs averaged 14.3 million barrels per day during the week ending January 20, 279 thousand barrels per day below the previous week's ...Oil continues lower; EIA posts crude supply riseMarketWatchStrong economic reports in US push oil price to near US$100 a barrelCanadianBusiness.comFundamental Oil Report (2012-01-25)International Business TimesLive Oil Pricesall 120 news articles »

Iran embargo may increase the price of Serbia petroleum products - Balkans.com Business News

The GuardianIran embargo may increase the price of Serbia petroleum productsBalkans.com Business NewsAfter Brussels imposed oil embargo against Iran, the aggravation of the situation with the Iranian oil and the closure of the Strait of Hormuz, might increase the price of crude oil to 300 dollars a barrel. The prices of petroleum products would thus ...Sourcing Iran crude to continueThe HinduIran Mulls Pre-empting EU Oil EmbargoWall Street JournalArab Gulf States Urged to Increase Pipelines After Iran's Oil ThreatsVoice of AmericaOilPrice.com -BusinessWeekall 3,468 news articles »

Petroleum Complex Outlook - Inside Futures

Petroleum Complex OutlookInside Futuresby CRB Research Team of Commodity Research Bureau Crude oil prices moved back above $100 a barrel and are modestly below their recent 8-1/2 month high as the dollar weakened and after weekly DOE crude inventories unexpectedly declined.and more »

Has Petroleum Production Peaked, Ending the Era of Easy Oil? - Scientific American

Scientific AmericanHas Petroleum Production Peaked, Ending the Era of Easy Oil?Scientific AmericanBy David Biello | January 25, 2012 | 7 Despite major oil finds off Brazil's coast, new fields in North Dakota and ongoing increases in the conversion of tar sands to oil in Canada, fresh supplies of petroleum are only just enough to offset the ...Climate policy: Oil's tipping point has passedNature.comall 10 news articles »

Oil and finance ministries spar on subsidy bill - India Today

India TodayOil and finance ministries spar on subsidy billIndia TodayThe petroleum ministry wants the one-third burden should be borne by the upstream oil companies. Sharp differences have come to the fore between the petroleum and finance ministries over footing the huge subsidy bill on petroleum products during the ...TABLE-India Dec refinery output up 0.8 pct y/y-govtReuters Africaall 3 news articles »

La. oil officials dissatisfied with Obama speech - CBS News

Globe and MailLa. oil officials dissatisfied with Obama speechCBS NewsThe United States could lose out to other countries if it waits too long to take advantage of TransCanada's plan, said Gary Heminger, chief executive of Marathon Petroleum Corp. He said Asian countries are investing in Canadian oil sands.Fracking gets a new friend in ObamaThe Durango HeraldSafe Gas Fracking Touted by Obama Disputed by EnvironmentalistsBusinessWeekAssessing American-made energyCNN (blog)PolitiFact -Alaska Dispatchall 961 news articles »

New find: Magellan producing oil in Montana - Upstream Online

Upstream OnlineNew find: Magellan producing oil in MontanaUpstream OnlineUS junior Magellan Petroleum is producing oil from what the company calls a new pool discovery in the Amsden formation at the East Poplar Unit in Montana. Nautilus Poplar, Magellan's wholly owned subsidiary, completed its EPU 117 well to a depth of ...Magellan Petroleum Corporation Announces a New Pool Discovery in the East ...MarketWatch (press release)all 9 news articles »

Brazil Regulators Start Investigation Of Transpetro Oil Spill - Fox Business

Latin American Herald TribuneBrazil Regulators Start Investigation Of Transpetro Oil SpillFox BusinessRIO DE JANEIRO – Brazil's National Petroleum Agency, or ANP, said late Friday that it has started an investigation into an accident that caused an oil spill at a shipping terminal operated by state-run energy giant Petroleo Brasileiro (PBR, PETR4.Petrobras: The Real Winner From Brazil's Offshore Oil BoomInvestment UOil Major With Unrivaled Growth: Petrobras To Be World's Biggest Listed ...Seeking Alphaall 39 news articles »

Magnum Hunter Resources and Triangle Petroleum Benefit From North American Oil Boom

NEW YORK, NY-- - Oil stocks have performed well this month as stable oil prices and surging domestic production has boosted investor confidence in the industry. The SPDR S&P Oil & Gas Exploration & Production ...

Has Petroleum Production Peaked, Ending the Era of Easy Oil?

Has Petroleum Production Peaked, Ending the Era of Easy Oil?

Exclusive: Oman may help Sri Lanka if Iran oil sanctions bite

COLOMBO (Reuters) - Oman may sell oil to Sri Lanka in the event of a crisis, which the island nation is racing to avert with U.S. sanctions on Iranian crude threatening its primary refining supply, Sri Lankan officials told Reuters on Friday. Omani Oil Minister Mohammad bin Hamad al-Rumhy on Friday was holding a second and final day of talks with Sri Lankan Petroleum Industries Minister Susil ...

Carrizo Oil & Gas, Inc. to Make Presentation at the Independent Petroleum Association of America ('IPAA') Oil and Gas ...

HOUSTON, TX-- - Carrizo Oil & Gas, Inc. will make a presentation at the IPAA Oil and Gas Investment Symposium in Palm Beach, Florida on Thursday, February 2nd at 9:15 AM EST.An audio webcast of the IPAA ...

Oasis Petroleum Inc. Announces 2011 Select Operational Results and Preliminary Financial Results and an Outlook for 2012

HOUSTON, Jan. 26, 2012 /PRNewswire/ -- Oasis Petroleum Inc. (NYSE: OAS - News) ("Oasis" or the "Company") today announced operational results and proved reserves for 2011, updated its financial ...

Occidental Petroleum Corp Earnings: Double-Digit Profit Growth for Fifth Consecutive Quarter

Here's the latest report out of this energy company...

Gulf Oil LP Launches Gulf Electricity

Gulf Oil LP, the nation’s fastest growing branded marketer of petroleum products, today announced its entry into the retail electricity market via the launch of Gulf Electricity.

La. oil officials dissatisfied with Obama speech

A day after President Barack Obama's State of the Union speech, petroleum industry representatives called Wednesday for a more-aggressive energy development policy, saying the United States could take care of more of its petroleum needs while cutting dependence on unstable foreign oil supplies.

Lundin Petroleum Continues to Deliver Value and Growth

STOCKHOLM, SWEDEN-- - Lundin Petroleum AB is pleased to announce that the yearly Capital Market Day is being held in Stockholm today, 26 January 2012, for analysts and institutional investors."Lundin ...

Magellan Petroleum Corporation Announces a New Pool Discovery in the East Poplar Unit and an Update for the Palm ...

PORTLAND, Maine, Jan. 27, 2012 /PRNewswire/ -- Magellan Petroleum Corporation (the "Company") (NASDAQ: MPET - News) (ASX: MGN.AX - News) through its wholly owned subsidiary, Nautilus Poplar, LLC has completed ...