
'Price war' hits WTI, Brent prices hard
Crude oil prices for December delivery suffered major losses Tuesday on word Saudi Arabia was adjusting its oil prices further to shore up its market position. ... more
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AAA: U.S. oil production keeps gas prices low
The substantial increase in U.S. oil production is expected to offset any concerns about instability in foreign producers and keep gas prices low, AAA said. ... more
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Western researchers support international collaboration for planetary defence
NASA says on track to send astronauts around the Moon in 2026
Space: Framatome and ENEA sign MoU to explore advanced technological solutions for designing lunar nuclear fission reactors
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GDF Suez strengthens foundation in China
French energy company GDF Suez said it strengthened its position in China by signing a multi-tiered deal with its counterparts at Shenergy Group. ... more
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Marathon latest to take hit on low oil prices
Marathon Oil said in its quarterly report double digit production growth from North American shale basins wasn't enough of a buffer against low oil prices. ... more
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Sanctions bite for Russia, European Commission says
Sanctions on a Russian economy that depends largely on the export of natural resources are taking "a heavy toll," the European Commission said Tuesday. ... more
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Reserves offshore Congo greater than expected, SOCO says
Results from a production test from a well off the coast of the Republic of Congo exceeded expectations by a wide margin, SOCO International said Tuesday. ... more
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TransCanada moves closer to eastern Canadian market
Pipeline planner TransCanada Corp. said Tuesday it was moving ahead with a transit system in the east of Canada expected to bring shale gas to the market. ... more
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