Tag Archives: invest in oil

Australian Shale Explorers Prefer Oil to Gas

Australia’s shale explorers target oil instead of gas, citing low demand, cost issues, and plans to revitalize the oil industry as influential factors.

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Linn Energy to Acquire an E & P Firm via $4.3 Bn Oil Investment

Upstream LLC Linn Energy’s latest oil investment involving Berry Petroleum will cost more than $4.0 bn, but will increase oil yield by more than 30 percent.

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Apache Unfazed by Huge Oil Investments

Texas-based Apache Corporation focuses on oil exploration after accumulating $16 billion worth of oil and gas assets.

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Chinese Firms Beef up Oil Investments in Iraqi Oil Wells

Chinese oil firms ramp up investments in Iraq’s oil sector amid forecasts of rapid growth in their reliance on foreign oil.

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Oil Investments Essential to Economic Progress

API head announcessupport for U.S. policies that help the oil and gas industry and stresses the sector’s contribution to progress.

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Current Oil Price Rises after Fiscal Cliff Deal

The current price of the U.S. benchmark rises to more than $93 per barrel after legislation was agreed upon by U.S. politicians to stop the fiscal cliff.

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