United States

Imperial Oil , the Canadian energy producer which is majority-owned by ExxonMobil has announced that the estimated cost of the Mackenzie Gas Project has more than doubled to US$13.7bn.... 2007-03-13

US-based Phenix Group Venture Corporation (Phenix) representatives are due to meet China's private investment group Giant Group Holding and US and Mexico-based private investment... 2007-03-12

Representative Ileana Ros-Lehtinen of Florida has stated that she will introduce legislation to block Cuba's development of its North Cuba basin. However, alongside ongoing failure... 2007-03-09

US major Exxon has stated that it plans to maintain the high tempo of capital investment (capex) over the medium term, with 20 new projects set for start-up by 2009.

Saudi Arabia's embassy spokesman Nail Al Jubeir announced that the Kingdom is considering building an oil refinery on the Dominican Republic in order to expand its access to the US... 2007-03-08

Canada is likely to remain the principal supplier of crude oil to the US for the next twenty years, according to Guy Caruso of the US Energy Information Administration (EIA), speaking... 2007-03-07

The governor of Alaska, Sarah Palin, has brought in a new natural gas pipeline law as a preliminary move in a plan to deliver large quantities of Alaskan gas from the North Slope... 2007-03-05

Home to 11.5% and 15% of global oil and gas reserves respectively according to the BP Statistical Review of World Energy, June 2006, Iran has been the wildcard in global energy markets... 2007-03-01

The Dubai Mercantile Exchange (DME), the first oil trading platform in the Middle East, will start operating on May 1 according to a statement by the New York Mercantile Exchange... 2007-02-23

Following Wood Mackenzie 's recent forecast that unconventional oil will account for 20% of global demand by 2025, BP Exploration (Alaska) has announced that it is testing the... 2007-02-20