Oil – 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 Monday.
Oil – 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 China.
Oil – 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.
Oil – 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.
Oil – 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.
Oil – 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 state-owned energy companies.
Oil – 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 discovering multiple potential gas-bearing zones. The well is operated by KUB-Gas LLC, a subsidiary in which Cub has a 30% ownership interest.
Oil – 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 energy company said on Thursday
Oil – 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 territorial dispute with its neighbor.
Oil – 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 small-scale heavy oil upgrading facility utilizing a proprietary cold catalytic cracking process.
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