World

It had been reported that Cox Oil is going to Acquire Energy XXI Gulf Coast for $322 Million. Energy XXI to be acquired by cox oil said it will terminate its previously announced partnership with Orinoco Natural Resources as a result of the Cox Oil transaction. Cox Oil Offshore LLC agreed to acquire Energy XXI …

Targa NGL Pipeline Co. LLC is a Houston based company which is quite famous in the region. It launched an open season from June 15 to June 16 for the commencing purpose in order to grab the attention. The main purpose of this season was to scale the shipper interest in the interstate transportation services …

US Oil has reached the milestone of the production of 10 million barrels of oil per day. It cruised to reach the 1970’s level of price. The thing to be noticed at that time was the shale oil revolution was still waiting for the pay day. Shale producers raised and spent billions of dollars for …

Oil prices had climbed in the recent weeks, but whether that rise will continue for longer had been doubted. It was reported that oil will be available in a range of $55 to $75 per barrel range on a yearly basis. It was said by Manpreet gill, head of FICC investment strategy at standard chartered private …

President Trump, geopolitics and other factors make an impact and pose a challenge for central banks Brent crude futures have risen by around a half in the past year. The oil price has hit its highest level since November 2014, reaching $80 per barrel. Geopolitical concerns lead to fear of rise over potential disruption to …

Northeastern region of the US slated for record natural gas pipeline capacity that will built out in 2018. The slitting done for the constructuion of natural gas pipelines capacity will end and the construction was expected to schedule in 2018. By the end of 2018 , more than 23  billion cubic feet per day (bcf/d) …