Archive for September, 2011
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Iran’s Oil Reserves Rise by 758 Million Barrels
Sunday, September 25th, 2011
Iran's crude oil reserves increased by 758 million barrels following the discovery of a deposit of light oil reserves in southern Iran, Press TV reported, citing Ahmad Qalebani, National Iranian O…
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Russia Oil Industry Rules May Cut Exports
Tuesday, September 6th, 2011
Due to bureaucratic obstacles over pipeline access, the Russia oil industry risks a possible drop in crude oil exports, which are a key source of the country's budget revenues. The Energy Ministry…
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Natural Gas May Rise on Japanese LNG Demand
Thursday, May 5th, 2011
Natural gas futures gained in New York on below-average stockpiles and nuclear power generation that's near the lowest level in almost twelve years. Natural gas futures may rise on speculation tha…
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U.S. Might Tap Oil Reserves As Gasoline Price Surges
Monday, May 2nd, 2011
The U.S. government has said that it could tap its strategic oil reserves in order to safeguard economic growth as gasoline prices surge. While U.S. policy is to release oil reserves only in the event…