January 2018

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CNX: Wells show deep, dry Utica potential

Cost reduction and well performance enhanced by pressure management have demonstrated the commercial viability of dry-gas development in the deep Utica shale of central Pennsylvania, says CNX Resources Corp. 



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Tribal slurs banned in National Camel Festival

Author: MOHAMMED AL-SULAMIMon, 2018-01-08 22:24ID: 1515516493249709900The administration of King Abdulaziz Camel Festival has stressed that strict penalties, including the ban from participation, are awaiting those instigating tribal slurs an…


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Grading 2017 Oil Price Predictions

The results of my 2017 energy predictions were a mixed bag this year. I correctly forecast that Donald Trump would take action on some stalled pipeline projects and that oil would flow through the Dakota Access Pipeline this year. He did, and it did. I…



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Khamenei: Iran has foiled plot to overthrow system

Iran has foiled attempts by its foreign enemies to turn legitimate protests into an insurgency to overthrow the Islamic Republic, Reuters reported the supreme leader Ayatollah Ali Khamenei saying today. Comments on his Twitter feed and in Iranian media underscored the establishment’s confidence that it has extinguished the unrest that spread to more than 80 cities in which at least 22 people died since late December. “Once again, the nation tells the US, Britain, and those who seek to overthrow the Islamic Republic of Iran from abroad that ‘you’ve failed, and you will fail in the future, too’.” Khamenei tweeted. The Revolutionary Guards, the military force loyal to Khamenei, said on Sunday security forces had put an end to the […]



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Just 10 More Days

Yesterday we showed that in this world where investors no longer sell, and where Goldman’s “risk appetite” indicator just hit an all time high, world stocks as measured by the MSCI World index have never had a longer stretch without a 5% correction.

The post Just 10 More Days appeared first on crude-oil.news.


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Verchere appointed to top jobs at OMV Petrom

Christina Verchere has joined OMV AG as president of the executive board and chief executive officer of the company’s Southeast European oil and gas subsidiary, OMV Petrom SA, Bucharest.


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Egypt jails 262 pro-democracy protesters

An Egyptian court jailed 262 people to between three years to life today for security-related offences during pro-democracy sit-ins in 2013, judicial sources said. They were charged with causing the deaths of two policemen during clashes at Al-Nahda square in Giza in southern Cairo, as well as other counts of attempted murder and vandalism. Seventeen people were sentenced to life in prison, 223 were given 15 years and another 22 were given three years. The court acquitted 115 others. Read: Egypt MPs call on Sisi to release innocent jailed minors The court also ordered that those sentenced be fined a total of nearly 40 million Egyptian pounds ($2.27 million) for damaging public property. Al-Nahda square was one of two sites where […]