ExxonMobil announced Thursday that it has resumed drilling at Point Thomson on Alaska’s North Slope as construction continues toward bringing the initial production system online. “The Point Thomson field is a vital part of unlocking Alaska’s North Slope gas resources,” said Jim Flood, ExxonMobil Development Company’s Arctic vice president. “The initial production will give us […]
Due to its geopolitical prominence, Iran has been the focus of great-power policies during the entire course of modern history. The Russian-British rivalry over Iran that began in the mid-1800’s lasted a century. With the end of World War II, Britain’s role in the region diminished, and the vacuum was filled by the United States.
Iran […]
Oil and gas prices fell Oct. 17 despite news out of Washington, DC, that the US Congress approved and President Barack Obama signed legislation ending a 16-day partial government shutdown (OGJ Online, Oct. 17, 2013).
“Despite the broader market enthusiasm, crude fell 1.6%, pushing WTI to a 3-month low…while natural gas slipped 0.4%,” said analysts with […]
Crude oil futures prices fell Oct. 9 on news of a larger-than-expected build in inventories from the US Energy Information Administration. Natural gas prices also dipped.
“Ahead of the bell,” as trading began Oct. 10, “equity, crude, and natural gas futures are all in the green as lawmakers indicated they may be open to a short-term […]
