NC Offshore Energy Panel: Drilling Prospects Iffy

A science panel advising Gov. Beverly Perdue on offshore energy development says oil and gas drilling is unlikely in waters within North Carolina's authority, but the coast has some of the best East Coast locations for wind power.

NC Offshore Energy Panel: Drilling Prospects Iffy

A science panel advising Gov. Beverly Perdue on offshore energy development says oil and gas drilling is unlikely in waters within North Carolina's authority, but the coast has some of the best East Coast locations for wind power.

E&Y: Bakken To Contribute Significantly To 2012 U.S. Production Growth

The dramatic rise in Bakken shale production had a notable impact on the market in 2011 and will continue to comprise a significant portion of domestic energy production growth in 2012, according to Ernst & Young's (E&Y) quarterly oil and gas update.

Pegasi Energy Announces The Commencement Of Drilling Of Its Morse Unit #1 Horizontal Well In Cass County, Texas

Pegasi Energy Resources Corp. (OTCBB:PGSI) (the "Company"), an East Texas based oil and gas exploration and production company headquartered in Tyler, Texas, today announced the commencement of drilling on January 28th of its Morse Unit #1 well in Cass County, Texas.

New Discoveries In The Suez Gulf, Yet Production Wanes

Independent oil and gas explorer Kuwait Energy has announced a new oil discovery in the Gulf of Suez after a 2,110 metre drill recorded a flow rate of 890 barrels of oil equivalent per day.

New Discoveries In The Suez Gulf, Yet Production Wanes

Independent oil and gas explorer Kuwait Energy has announced a new oil discovery in the Gulf of Suez after a 2,110 metre drill recorded a flow rate of 890 barrels of oil equivalent per day.

Bulgaria Bans Shale Gas ‘fracking’

The Bulgarian parliament has imposed a permanent ban on the exploration of shale oil and gas in the country using the extraction technique known as "fracking" following widespread public protests.

Bulgaria Bans Shale Gas ‘fracking’

The Bulgarian parliament has imposed a permanent ban on the exploration of shale oil and gas in the country using the extraction technique known as "fracking" following widespread public protests.

Nigeria Fuel Strike Cost Economy $1.2 Bln: Stats

ABUJA - Nigeria's economy lost out on an estimated 207.4 billion naira due to an eight day strike this month prompted by a dispute over fuel import subsidies, the national bureau of statistics said on Wednesday. The biggest losses were sustained in the retail and the oil and gas sectors, a report by the bureau said. Nigeria's consumer inflation edged down slightly year-on-year in...

Nigeria Fuel Strike Cost Economy $1.2 Bln: Stats

ABUJA - Nigeria's economy lost out on an estimated 207.4 billion naira due to an eight day strike this month prompted by a dispute over fuel import subsidies, the national bureau of statistics said on Wednesday. The biggest losses were sustained in the retail and the oil and gas sectors, a report by the bureau said. Nigeria's consumer inflation edged down slightly year-on-year in...
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