…  Tierra Energy Inc., a company focused on oil exploration and production in South America, announced a capital spending program of US$198 …  is planned to continue, including support facilities, crude gathering lines, water lines, two pumping stations and storage …

…  be made at a later date. “Given cost pressures, lower crude oil prices and uncertainty in the financial markets, it’s important to scale …

…  owns and operates a diversified portfolio of crude oil and natural gas transportation systems in the United States. Its principal crude oil system is the largest transporter of growing oil production from western Canada. The system’s deliveries to refining centers and …

…  develop a new delivery system to transport Canadian heavy crude oil from Flanagan, Illinois, to Houston and Texas City, Texas, using a …

…  refinery to process increased amounts of secure Canadian crude oil. The terms of the award were not disclosed. Foster Wheeler USA has been …

…  concludes that the unrisked probabilistic recoverable oil resource potential for the Santa Rosa project ranges from 45,167,000 …  an API gravity of 33 degrees and low sulphur. Reference crude for pricing purposes is West Texas Intermediate with assumed API gravity …

…  oil prices were slightly lower in Asian trade on Monday after fresh unrest in Africa’s biggest crude producer, Nigeria. New York’s main oil futures contract, light sweet …  2.1 million barrels per day output, has been forced to cut production because of an upsurge in militant attacks on its facilities. Oil …

Oil prices rose to an intraday trading record above $112 a barrel Tuesday after the U.S. dollar fell further and crude supplies to the U.S. and elsewhere were disrupted. The main driver of …  giant ENI reported a 5,000 barrel per day reduction in production at one of its facilities. In other Nymex trading, heating oil …

…  Dhabi National Oil Company (ADNOC), the energy giant of the United Arab Emirates (UAE), signed …  ADNOC in the oil and gas sector and realize the long-term crude oil transaction between ADNOC and Japanese oil companies, thereby …  owns most of the oil and gas reserves and production facilities in the UAE. The UAE’s proven oil reserves stand at …

…  1987, he founded and served as Managing Director of Davco Oil, a crude oil and crude product physical and derivatives trader. Since 1990, Mr. …