Tag Archives: oil investments

Bakken Shows Huge Potential as Premier U.S. Oil Hub

Bakken is touted as the next leading U.S. oil hub, possibly dethroning Texas’ Eagle Ford, but a dearth of infrastructure could get in the way.

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Ithaca Woos Valiant with Oil Investment Deal

Valiant Petroleum confirms Ithaca’s plans to invest in its North Sea oil assets. Ithaca says the buy-out is part of its growth plans in the region.

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Firms Gain from Lapses in Oil Investments Contracts

Past oil investments by large oil firms resulted to a total windfall of more than $2.5 billion, thanks to a bungled lease contract.

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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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OPEC – Current Oil Prices Will Not Collapse

The OPEC chief said that the organization does not see a possible collapse in the price of oil this year.

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