Oil And Gas - Upstream Activities News

10:56 AM EST
2/7/2012 Will sanctions’ pain force Iran’s hand?Tehran’s leaders say Western sanctions won't change their nuclear policy – and many analysts agree they may not be bluffing.

Source:TML Topics:Unrest, Conflicts And War, Civil Unrest, Revolutions, Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities, Politics, Foreign Aid, Economic Sanction

10:33 AM EST
1/25/2012 Will Saudi Arabia send the troops?With Iran threatening its vital oil exports, some experts say Saudi Arabia will help defend shipments

Source:TML Topics:Unrest, Conflicts And War, Crisis, Politics, Diplomacy, Alliances, Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities

9:25 AM EST
1/24/2012 EU imposes oil embargo on Iran in support of U.S.-led sanctions campaignIn what could increase tensions between Iran and Europe, the European Union on Monday imposed an oil embargo on the Islamic nation.

Source:AHN Topics:Politics, Diplomacy, Alliances, Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities, International Organization

8:01 AM EST
1/14/2012 EPA Sees Risks to Water, Workers In New York Fracking RulesNew York's emerging plan to regulate natural gas drilling in the gas-rich Marcellus Shale needs to go further to safeguard drinking water, environmentally sensitive areas and gas industry workers, the U.S. Environmental Protection Agency has informed state officials.

Source:ProPublica Topics:Environmental Issue, Environmental Politics, Water, Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities

6:11 AM EST
12/26/2011 Ukraine mulling investing USD 1 billion in Iranian oil fieldsIn order develop three oil fields in Iran, a Ukrainian company on Sunday announced its plans to invest USD 1 billion in the war-hit Middle Eastern nation.

Source:AHN Topics:Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities

11:59 AM EST
12/21/2011 Bangladesh, Russia's Gazprom join to drill onshore gas wellsEnergy-starved Bangladesh has joined with Gazprom to prepare a strategic master plan for exploration, installation of gas compressors and expansion of the gas distribution network. Gazprom will be the first foreign company to partner with Petrobangla in exploration without a production-sharing contract.

Source:AHN Topics:Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities, Politics, Diplomacy, Alliances

7:59 AM EST
12/19/2011 Oil rig sinks off Russia; 49 missingFourteen people have been rescued and four people, showing no signs of life, have been spotted in heavy seas after a drilling platform sank Saturday in a storm near Sakhalin Island off Russia's Pacific coast.

Source:AHN Topics:Disaster And Accident, Industrial Accident, Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities, Human Interest, People, Human Mishap

2:26 PM EST
12/14/2011 Oil prices fall Wednesday after OPEC signals more outputCrude oil prices tanked Wednesday after OPEC decided to increase output. The Organization of Petroleum Exporting Countries agreed to boost its official production quotas to 30 million barrels a day, inline with where the groups' actual output has been running.

Source:AHN Topics:Economy, Business And Finance, Market And Exchange, Energy, Energy And Resource, Oil And Gas - Upstream Activities

7:27 AM EST
12/14/2011 Industry welcomes Obama administration lease sale in Gulf of MexicoOil and gas pundits on Tuesday welcomed the announcement from the Obama administration of the sale of major oil and gas leases in the Gulf of Mexico on Wednesday.

Source:AHN Topics:Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities, Natural Resources, Politics, Regulatory Policy And Organization

9:30 AM EST
12/7/2011 Speculators are to blame for high oil, OPEC saysThe head of OPEC said Wednesday that speculators are partly to blame for oil's high prices, not any lack of supply.

Source:AHN Topics:Economy, Business And Finance, Energy And Resource, Oil And Gas - Upstream Activities, Macro Economics, Commodity Markets