In a new study, scientists in Kuwait have predicted that world conventional crude oil production will peak in 2014 - almost a decade earlier than some other...

Enerchem International Inc. Reports Financial Results For the Fourth Quarter and Year ended December 31, 2009 Financial highlights (unaudited) (in Cdn $ 000's except per share amounts) Three...

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FOLLOW THE MONEY: Exxon Mobil Corp. will increase its capital spending by 3 percent to $28 billion this year despite weak global demand for energy. It forecast capital spending between $25 billion...

Despite making the considerable progress embodied in our 2009 highlights, it was a difficult and disappointing year for the company. Our efforts to sell our interests...

/CNW/ - The Government of Alberta today released the outcome of the Competitiveness Review for natural gas and conventional oil, along with their much anticipated policy response. The review of...

/CNW/ - The National Energy Board (NEB) today approved an application from TransCanada Keystone Pipeline GP Ltd. (TransCanada) to construct and operate the Keystone XL Pipeline Project, as well as...

Annual Highlights 2009 2008 2007 ------------------------------------------------------------------------- Financial ($000, except $ per share/unit) ...

Superior consists of three primary operating businesses: Energy Services includes the distribution of propane and distillates and related fixed-price energy services; Specialty Chemicals includes the...

production is expected to increase 3% to 4% this year from the 3.93 million barrels of oil-equivalent per day it produced in 2009. Its output would increase 2% to 3% annually through ...

Breitling Oil and Gas Corporation, an independent producer based in Irving, Texas, plans to begin re-entry of the BREITLING-BURR #1, the first well prospect in its newly-formed Gulf Coast exploration...

Yesterday (Wednesday), the United States Census Bureau released its latest monthly wholesale trade report which covered inventories and sales for January. Analysts were expecting a 0.2% increase in...

/CNW Telbec/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or "the Corporation") is pleased to announce that it has been selected by the British Columbia Hydro and Power Authority ("BC...

NEW YORK — Oil prices stayed put, just above $82 today, as investors mulled demand uncertainties and a government report that showed the country's huge natural gas reserves shrank a little last...

Exxon Mobil Corp. said Thursday it delivered “industry-leading results” in 2009, despite a tumultuous market, and is well-set for future growth. Going into 2010 and looking beyond, the...

Exxon Mobil said Thursday it will boost spending this year on new and existing projects even as some rivals pull back because of weak global demand for...

Petrobras , of acting like cartels and cutting output to create a supply shortage. "Because of that, the state will intervene to ensure these refineries operate at maximum capacity," De Vido said....

NEW YORK — Exxon said Thursday that it will boost spending this year on new and existing projects even though global energy demand is still restrained. The world's largest publicly traded...

Exxon Mobil revealed its capital expenditures plans for 2010. In an analyst meeting, the oil giant said it will spend about $27 billion in 2010 on capital projects, $1 billion more than it spent in...

, March 11/CNW/ - Sure Energy Inc. (SHR, TSX) filed its Annual Information Form which includes Sure Energy's reserves data and other oil and gas information for the year...

/CNW Telbec/ - Alstom, a global leader in hydropower for new plants, and refurbishment and services for existing plants, today announced that it acquired some of the assets of North...

Chevron Corp., the second-largest U.S. oil company, may proceed with an arbitration stemming from a court fight over an environmental cleanup in Ecuador that might cost as much as $27 billion, a...

ET The unexplainable rise in oil prices is a bullish sign, according to Adam Mesh, CEO of Adam Mesh Trading Group. He tells guest host, Paul Taylor of Fidelity International, CNBC's Amanda Drury...

/CNW/ - Today at ACAMP's latest seminar, Alberta's conventional energy industry learned how nanotechnology, micro-systems and micro-fluidics can play a powerful role in enhancing operational...

NEW YORK (MarketWatch) -- Exxon Mobil Corp. is looking beyond the current global glut in fossil fuels in anticipation of a spike in energy demand, Chief Executive Rex Tillerson said Thursday. ...

Exxon Mobil Corp., which pumps more oil than every member of OPEC except Saudi Arabia, Iran and Iraq, is counting on natural gas to provide the bulk of its future...

this year and next, the company said Thursday. The largest U.S. oil company by market value added that drilling in Eagle Ford is part of a program focused on "high-potential opportunities." The...

/CNW/ - Crescent Point Energy Corp., ("Crescent Point" or the "Company") (TSX: CPG), is pleased to announce its operating and financial results for the fourth quarter...

/CNW/ - Petroamerica Oil Corp. (the 'Company') is pleased to announce that the Balay-1 exploration well has flow tested at stabilized rates of up to 1314 barrels per day, through a 24/64 inch choke,...

Bellatrix Exploration Ltd. became the successor to True Energy Trust ("True" or the "Trust") as a result of a Plan of Arrangement (the "Arrangement") approved by the Trust's securityholders at a...

/CNW/ - Canyon Services Group Inc. ("Canyon" or the "Company") (TSX:FRC) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Peters & Co. Limited...

Dubai Electricity & Water Authority (Dewa) signed six new contracts worth Dh3.13 billion ($852 million) for projects in electricity and water sectors on Wednesday. These agreements, signed at...

ABB, the leading power and automation technology group, has signed a $2.8 million deal to design and develop a major integrated Safety Integrity Level 3 (SIL 3) and process control solution for a gas...

Emirates National Oil Company (Enoc) has introduced an Emergency Response Vehicle (ERV) to deal with industry-related incidents and emergencies. The Emergency Response Vehicle is Enoc’s first...

A glut of unconventional natural gas supplies from US shale deposits has fundamentally recast the long-term prospects for liquefied natural gas imports, industry executives said. A recession-driven...

The Dubai government has created a regulatory body for the utilities sector and will soon put in a framework that could allow the private sector to enter the business, a local newspaper reported. ...

Kuwait's Supreme Petroleum Council (SPC), the country's highest oil policy body, has proposed merging state oil firms into one entity, a newspaper reported on Thursday. At present, Kuwait...

Energy market sentiment remains relatively positive amid rising economic expectations, according to the latest quarterly market outlook from Ernst & Young’s Global Oil & Gas Center. David...

The storm brewing on Opec's horizon over future Iraqi oil output could engulf the producer group sooner than it would like, say analysts. Opec is unlikely to discuss Iraq at its meeting on March...

StumbleUpon WASHINGTON — The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to...

StumbleUpon The emergence of natural gas shales could extend U.S. energy supplies for decades and help address climate change concerns, but the industry faces what one executive called a...

, recently decided to halt sales of gasoline to the country. The Islamic republic's refining expansion has been hindered by decades of sanctions, and it depends on imports for about 40% of its...