Tag Archives: Oil

Iran Signs First Gas Deal with France’s Total

A consortium led by France’s Total on Tuesday, 8th November signed a $4.8billion provisional agreement to develop part of the giant South Pars gasfield, with Iran. Continue reading

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United States Oil and Gas Industry Survives Amidst Global Price Crisis

Oil and gas producing giants like Saudi Arabia, Russia, and others had expected the U.S oil and gas industry to face a major slow down amidst the global price slump. The domestic experts had also estimated a huge drop in the production of North American shale and tight oil and gas. Continue reading






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Worldwide oil price drop is a major benefit for India

The oil glut is having serious economic effects on US and European markets. But several emerging market economies such as India are seeing benefits. But a positive effect is being felt in India. Continue reading






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Natural Gas Trading to Resemble Coal, Not Oil

New discoveries as well as rising demands of natural gas are change its position from a regional market to global market. Natural gas trading is likely to become more like coal, rather than oil.

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Ohio Gas Price Hikes While National Average Drops

The prices on Ohio gas are levitating under $4 symbolising economic weakness in the United States. The drop in oil prices has remarkably influenced other places as well.

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Gas prices to soar to $4 in April

Travel analysts predict that gas prices will soar to $4 this month. Eleven states already have an average of $4 gallon and four more states are likely to join them. There has been no significant change in the factors affecting … Continue reading

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Iran’s Cutting Down Exports Leads to Soaring Gas Prices

Gas and oil prices soared in US as Iran halted some crude exports. Investors predict that the energy demand will rise as Europe moves closer towards bailing out Greece. Analysts warned that oil speculation might also push prices higher along … Continue reading

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Flaring of natural gas on the rise in Texas and North Dakota

Flaring is the process of burning natural gas which cannot be harnessed to produce oil. It was once a general norm. This has angered environmentalists as flaring causes global warming, air pollution and is a waste of a natural resource. … Continue reading

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