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Petroleum Wire News
With soured market, tighter regulations, those in the oil industry are scared
Jan. 24--Colorado has had nine months now to live with new oil and natural gas drilling regulations that dramatically changed the permitting process for drillers, but they couldn't have come at a worse time.
Freedom Energy Extends KC 9000(TM) Technology Validation for Venezuela
Freedom Financial Holdings, Inc. (PINKSHEETS: FDMF) -- During the second week of January 2010, Freedom Energy International, the Company's wholly owned subsidiary dealing with heavy oil modifying technology, hosted a return of its Venezuelan customers to conduct testing of oil samples from different sources in both Venezuela and Mexico.
Apex Resources Group Inc. (Pink Sheets APXR.PK) Reports That the National Energy Board (NEB) Announced That They Will Be Hearing Final Arguments on the Proposed 1,220-Kilometer Long Gas Pipeline Along the Northwest Territories' Mackenzie Valley in Mid-April
SALT LAKE CITY, Jan. 20 /PRNewswire-FirstCall/ -- On January 6, 2010, the National Energy Board (NEB) announced that they will hear final arguments on the proposed 1,220-kilometer long gas pipeline along the Northwest Territories' Mackenzie Valley in mid-April.
Gas prices slow to follow oil lower
When oil prices jumped last month, retail prices were slow to follow.
Bayside Petroleum Forms a Drilling Consortium to Proceed With Re-Entry of Baxterville Field Well
BAYSIDE PETROLEUM COMPANY, INC. (PINKSHEETS: BYSD) is pleased to announce that it has entered into agreements with private investors and one oil company for the re-entry of the initial well on its Baxterville Field Prospect, Lamar County, Mississippi.
Pacific Rubiales Energy announces additional exploration success at Quifa Block and operational update for Abanico, La Creciente and Rubiales Blocks
TORONTO, Jan. 25 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC) announced today an additional discovery at its Quifa-14 well, drilled as an appraisal well in the Quifa Block, located in the Llanos Basin of Colombia.
Platts Report: China's Oil Demand Jumps 16.1% in December
HONG KONG, Jan. 22 /PRNewswire/ -- Platts - China's apparent* oil demand in December jumped 16.1% from a year ago, in step with the country's brisk economic growth.