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Bayshore Petroleum Announces Heavy Oil Upgrader Pilot Project & Farm In...

Bayshore Petroleum Corp. (TSXV:BSH) has announced it has entered into a Memorandum of Understanding with a private oil/gas company operating in Saskatchewan pursuant to which Bayshore will construct a...

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Vietnam Told To Halt Oil Exploration In Disputed Waters By China

On Thursday China told Vietnam to halt unilateral oil exploration in disputed areas of the South China Sea and not harass Chinese fishing boats, again upping tensions in a protracted maritime...

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Unplanned Repairs Restrict Suncor’s 2012 Oil Sands Output

Unplanned maintenance at Suncor Energy Inc's oil sands operation has slowed production to the low end of its forecast range for the year despite the beginning of a new production unit, Canada's biggest...

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Cub Energy: Makeevskoye-16 Well Cased to TD With Numerous Potential...

Cub Energy Inc. (TSXV:KUB), a Ukraine-focused upstream oil and gas company, has announced the Makeevskoye-16 exploration well in Ukraine has been cased to its total depth of 4,300 metres after...

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Despite Pullback in Certain Oil Sands Stocks, TSX is Up

The Toronto stock market was higher as positive Chinese data lifted commodity prices and mining stocks and the energy sector progressed following Friday’s announcement clarifying takeovers by foreign...

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TAG Announces Production And Operations Update And Granted Taranaki...

TAG Oil Ltd. (TSX:TAO OTCQX:TAOIF), has announced that New Zealand Petroleum and Minerals has awarded TAG Oil Ltd. four onshore exploration blocks offered in New Zealand's 2012 Block Offer. Continue...

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North American Could Achieve Net Energy Exporter By 2025

With its soaring oil and gas production will push North America into becoming a net energy exporter by 2025, Exxon Mobil said in its annual energy outlook.Continue reading...

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Aroway Energy Commences Drilling Oil Wells At Kirkpatrick Lake

Aroway Energy Inc (TSXV:ARW,OTCQX:ARWJF) is pleased to announce it has begun drilling on its 100% owned and operated Kirkpatrick Lake property in Central, Alberta.Continue reading...

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Fortune Oil Gas Unit To Be Bought By China Gas For $400 Million

China Gas Holdings Ltd., supplies natural gas to 172 Chinese cities and will be buying Fortune Oil Plc’s Chinese natural gas operations for $400 million, growing its service territory across...

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Iran’s Oil Revenues Have Been Diminished By Half By International Sanctions

Iran's revenue has been cut in half because of international sanctions imposed over its disputed nuclear programme, Economy Minister Shamseddin Hosseini said in remarks quoted by media on...

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