Exxon Boosts Production with New Project

Exxon Grows Production

Photo Credit. Exxon has been increasing their production quite consistently. They have been focusing on a few specific projects recently that have allowed them to increase their production even more. What projects and by how much? These are the questions everyone is asking. Here are some details provided by the Trefis Team. Crude production volumes … Read more

Gulf Keystone Sitting On Major Oil Mine


Photo Credit.   How often are oil companies sitting on major oil resources? You sure don’t hear about it very often these days. However, think again. Gulf Keystone may be that company! Devon Shire explains where and how much oil this company may be sitting on.   You Don’t Find New Onshore Billion-Barrel Oil Fields … Read more

Noble Corp. Ensures Increased Deepwater Oil Demand

Nobel Increases Offshore Oil Demand

Photo Credit. Despite the lowering oil prices we have seen lately, Noble energy is still creating higher demands within the offshore oil industry. They have seen growing revenue and higher need for offshore rigs. Augstino Fontevecchia explains why and how Noble is creating these increased demands.  Noble’s third quarter was marked by solid demand for … Read more

Peace Between BP & Andarko with $4 Billion Settlement

Oil Spill Settlement

Photo Credit.   There has been much speculation about the final settlements of the Gulf oil spill. Many were wondering if BP would taken the whole blame, or if other companies involved would jump in and take responsibility. It seems that Andarko Petroleum has come to an agreement in BP, and is taking on some responsibility for the disaster. … Read more

Gulf Oil: Looking Alive

Gulf Oil Production

Photo Credit.   The Gulf has been out of commission for oil production for a long time now. Things are finally looking up, and beginning to become more lively. What kind of action is happening down there? Big oil has began its work. Peter Ricchiuti has the story on the Gulf oil action.   HORNBECK OFFSHORE SERVICES … Read more