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United States Oil & Gas News. Service for global professionals. Constantly updated news and information about United States.
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Latest United States Oil & Gas News

  • 'Nobody's safe' as supermajors return to hunt 15 Dec 2009 00:36 GMT
    ... is safe,” said Richard Wyman, a senior oil-and-gas analyst at Canaccord Adams in Calgary. “The ... the largest unconventional gas field in the United States; the Bakken region in North Dakota; and ... Energy Corp., Devon Energy Corp. and Anadarko Petroleum Corp. may be on the hit list. ...

  • Exxon Mobil to buy XTO in $41 billion bet on natural gas 15 Dec 2009 00:36 GMT
    ... XTO's unconventional gas holdings, all in the United States, complement Exxon Mobil's international presence. Natural gas ... other Marcellus gas drillers, such as Cabot Oil & Gas Corp., Range Resources Corp. and ... Milwaukee Ave., Suite 303, Glenview, IL 60025, USA. For full details on Xto Energy Inc (XTO) . ...

  • Oil falls below $70 as slide continues 15 Dec 2009 00:36 GMT
    ... Oil falls below $70 as slide continues By Joshua ... in equity markets and a lower dollar. Oil prices have fallen more than $8 a barrel ... 2001, as rising inventory levels in the United States showed a sluggish recovery in oil demand ...

  • U.S. Energy Corp. Announces Initial Production Rate of Approximately 3,394 BOE/D From the Williston 25-36 #1H Well 15 Dec 2009 00:34 GMT
    ... exploration and development company with interests in oil and gas, molybdenum, geothermal, and real estate assets, today ... to the reporting requirements of other jurisdictions. United States residents are cautioned that some of the ...

  • Speculative Interests Giving Way to Fundamentals as Crude Oil Extends its Record Breakout Plunge 15 Dec 2009 00:32 GMT
    ... Speculative Interests Giving Way to Fundamentals as Crude Oil Extends its Record Breakout Plunge Crude Oil (LS ... the average price per gallon for regular gas fell 3.5 cents to $2.599 per gallon ...

  • Underwriting a global reforestation program 15 Dec 2009 00:31 GMT
    ... — Where does Southeast Asia rank in greenhouse-gas emissions, a key focal point of the ... sector contributed 15 percent by burning coal, oil and natural gas, while agriculture was the source of ... third-largest greenhouse-gas emitter after China and the United States. One way to prevent the emissions level ...

  • Obama jawbones banks to lend more, back new regs 15 Dec 2009 00:31 GMT
    ... Obama jawbones banks to lend more, back new ... insisted they are getting conflicting messages from Washington when the do try to make more ... Bill Clinton for not attempting to lower oil prices by "jawboning" OPEC to increase supply. ...

  • Exxon-Mobil buys Texas gas producer for 41 billion US dollars 15 Dec 2009 00:31 GMT
    ... Exxon-Mobil buys Texas gas producer for 41 billion US dollars US oil giant Exxon Mobil is buying natural gas producer ... should benefit "consumers both here in the United States and around the world". The transaction is ...

  • Exxon Mobil to acquire XTO Energy for $29B in bid to expand natural gas business 15 Dec 2009 00:26 GMT
    ... for $29B in bid to expand natural gas business Exxon Mobil, the world's largest publicly traded oil company, is making a US$29 billion bet that ... of the highest paid executives in the United States. His compensation last year was valued at ...

  • Iran may have worked on key atom bomb part: diplomats 15 Dec 2009 00:24 GMT
    ... Iran." Iran, the world's No. 5 crude oil exporter, says its uranium enrichment programme is ... receive from certain member states, mainly the United States, Britain, France, Germany and Israel. The ... stopped nuclear weapons research in 2003 and Washington was fairly confident it had not resumed. ...

  • Valero to buy new ethanol plants 15 Dec 2009 00:23 GMT
    ... its ethanol holdings, Valero Energy owns 15 oil refineries with a combined throughput capacity of ... million gallons per year. Valero also ships petroleum products to a retail and wholesale network ... wholesale network of 5,800 outlets in the United States, Canada and the Caribbean. ...

  • Rudd arrives to climate chaos 15 Dec 2009 00:23 GMT
    ... developing nations. It does not include the United States, which says the protocol is unfair because ... derived mainly from the burning of coal, oil and gas that traps the sun's heat and warms ...

  • Iran may have worked on key atom bomb part - diplomats 15 Dec 2009 00:22 GMT
    ... Iran." Iran, the world's No. 5 crude oil exporter, says its uranium enrichment programme is ... receive from certain member states, mainly the United States, Britain, France, The intelligence has not ... stopped nuclear weapons research in 2003 and Washington was fairly confident it had not resumed. ...

  • Market movers and shakers for Monday the 14th 15 Dec 2009 00:22 GMT
    ... Market movers and shakers for Monday the 14th City ... Market industry news provided by Financial News USA. CITIGROUP INC-(NYSE: C)- The banking giant announced today ... XTO)- One of the nation's largest independent oil and gas producers, XTO announced today that ...

  • ExxonMobil to buy XTO for $US41b 15 Dec 2009 00:22 GMT
    ... ExxonMobil has agreed to acquire rival oil exploration firm XTO Energy in an all-stock transaction ... position in the development of unconventional natural gas and oil resources'. The transaction includes the ... resources, benefiting consumers both here in the United States and around the world.' The deal, one ...


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