Oil Prices, Industry News and Job Information

The latest news & prices from the oil and gas industry. Also providing a jobs section with current employment updates for the oil, gas & energy industry.


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Oil and Gas News Stories

Latest Headline News, Saudi Hikes Output by 300,000 bpd in May.
Contrary to earlier reports, Saudi Arabia has increased its oil production by 300,000 barrels per day in response to orders from customers, mostly from the United States, and will pump 9.45 million bpd in June. Oil & gas industry updates - EnerFaxGold.com.
Industry News Update, Dana Gas investing over $500Mn in 2008.
Dana Gas PJSC, the Middle East's first and largest regional private-sector natural gas company, has announced investments of over US$ 500 million this year in the Company's projects in Northern Iraq, Egypt and the UAE. Headline news, energy, oil & gas - EnerFaxGold.com.
 

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Oil Reserve Depletion and The Introduction Of Biofuels

Within this century it is assumed and predicted for a long time that our oil reserves will be completely depleted. Although present estimates indicate that the future consumption of petroleum in America may actually drop and possibly even decrease in yearly consumption. Have biofuels been the catalyst for this oil reduction? Many European countries have made a changed from petroleum based products to biofuels.

Read more 17th Aug, 2007

Oil and Gas Industry Information

Consise up to the minute information about the oil and gas industry. Latest crude oil prices, oil industry news and jobs currently available.

 

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