- The details are emerging of a new secret and quite stupid Saudi-US deal on Syria and the so-called IS. It involves oil and gas control of the entire region and the weakening of Russia and Iran by Saudi Arabian flooding the world market with cheap oil. Details were concluded in the September meeting by US Secretary of State John Kerry and the Saudi King. The unintended consequence will be to push Russia even faster to turn east to China and Eurasia.
Recent industry news
The price at the pump in Saskatchewan has dropped an average of ten cents per litre over the last month, according to GasBuddy.com. The average is $1.13, with some stations hovering around a dollar for regular fuel. [10/30/2014 1:22:30 AM]
ALGIERS, Oct 29 (Reuters) - Algeria is preparing a new auction of oil and gas blocks, an official said on Wednesday, after the North African country awarded just four of 31 fields last month in the first attempt to lure foreign investors since 2011. [10/30/2014 1:09:17 AM]
No doubt about it: The oil and gas industry employs a lot of people in Texas.
But ask how many, and the answer depends on who's counting.
Earlier this month, Texas Railroad Commissioner David Porter announced that, as of June, “a record ... [9/28/2014 2:11:44 AM]
Rex Tillerson, chairman and chief executive officer of Exxon Mobil addressed the 21st World Petroleum Congress in Moscow, in May and Oil & Gas Technology were there to hear what the influential oil man had to say. [9/28/2014 2:10:32 AM]
A direct startup thanks to the oil and gas industry, the new Microtel Inn & Suites by Wyndham recently celebrated its grand opening to a crowd that included local politicians, civic leaders and the hotel's owners. [9/28/2014 2:09:23 AM]
- Africa likely to experience oil and gas boom
Africa's energy industry could see a major boost in the coming years, a fresh study by PriceWaterhouseCoopers has suggested. Mozambique and Tanzania were highlighted as the countries with ...[9/5/2014 3:06:08 AM]
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