Oil Prices, Industry News & Job Information
EnerFax Gold has the latest news & prices from the oil & gas industry. Also providing a jobs section with current employment updates for the oil, gas & energy industry.
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Oil & Gas News StoriesLatest Energy Headlines
OPEC Points To Larger Oil Surplus In 2016, Says Low Prices Hurting Economy.
OPEC points to a larger oil supply surplus on the world market this year than previously thought as Saudi Arabia and other members pump more oil. Oil & gas update.
European Energy Firms Post Billion Dollar Losses in 2015.
Tullow Oil and Maersk Oil register billion dollar losses in 2015, amid an ever-declining low oil price. Oil & gas update.
Energy News Updates
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What Makes Gasoline Prices Go up and Down?
The bloodline of America is gasoline and with the price ever fluctuating it is hard to keep track of the cost of this valued commodity. In this tough economic climate gasoline has increased in value up to 50 percent, when you take into account the ever increasing cost of living this can become a reasonable slice of one's income.
Read more 29th Oct, 2012
Oil Reserve Depletion & 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
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