U.S. Trust, as trustee of Williams Coal Seam Gas Royalty Trust, announced a quarterly cash distribution to the holders of its units of beneficial interest of $0.349784 per unit, payable August 29, 2008 to unitholders of record on August 14, 2008.
The Trust owns net profits interests in certain proved coal seam gas properties owned by [...]

Research and Markets has announced the addition of the “Monthly Price Brief - A Review of European Gas and Power Price Trends: April 2008″ report to their offering.
The growing role of wholesale traded energy markets across Europe creates a greater need for players throughout the value chain to be aware of the latest market movements [...]

Kentucky USA Energy, Inc, an early stage natural gas exploration and production company, has just published a report that that the drilling contractor for the Company’s initial wells has moved a second drilling rig onto the Company’s second well, Hunter Wells #1 location and has spud-in. Due to mechanical difficulties on the first rig, there [...]

Schlumberger Ltd announced that its shares jumped Friday after the oilfield services provider said its second-quarter profit rose 13 percent and issued a bullish outlook. Analysts praised the results. The stock rose $4.72, or 4.9 percent, to $101.50 in late-morning trading.
The Houston-based company said high oil and natural gas prices led to heavier spending [...]

Schlumberger Ltd told the press that a better-than-expected jump in quarterly profit on Friday and the world’s largest oilfield services company gave an upbeat outlook for energy companies’ spending on oil and gas exploration that helped push its shares up 4 percent. Schlumberger Chief Executive, Andrew Gould, Citing customer response to higher prices, he repeated [...]

ConocoPhillips says its global production fell as expected in the second quarter because of planned maintenance, but it benefited from higher oil and natural gas prices.
In an overview of market conditions for the April-June period, ConocoPhillips also said its worldwide refining margins in the second quarter probably improved from the first quarter. But the company [...]

Oil prices jumped past $145 a barrel for the first time, as traders added to their bets on the commodity ahead of the long holiday weekend.
There was little good news for Americans hitting the road for the July Fourth holiday, as gas prices set their own record near $4.10 a gallon.
Light, sweet crude for August [...]

On Capitol Hill, the House approved financial help for mass transit systems facing a surge in riders because of high gas prices. But Republicans blocked Democrats from requiring oil and gas companies to drill on the millions of acres of government land and water on which they already own federal leases.
The House authorized $1.7 billion [...]

Oil futures climbed to a new record near $143 a barrel as the dollar weakened against the euro, confirming expectations that the falling greenback, a major factor in crude’s stratospheric rise, will extend its decline and add to oil’s appeal.
Retail gas prices inched lower overnight, but are likely to resume their own trek into [...]

Tri-Valley Corporation has exceeded 2,000 barrels of oil equivalent per day (BOED) rate with total field production recorded at 2,058.3 BOED from its 43 active producing wells on six California properties. This surpasses the original year end 2008 Company Plan of 2,000 BOED by more than six months.
“With tested productive capacity of individual wells now [...]