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1 billion barrels of oil have been discovered in the Gulf of Mexico

REUTERS/Jim UrquhartAbout 1 billion barrels of oil have been discovered.....»»

Category: topSource: businessinsiderJul 17th, 2017

Eni (E) Lifts Oil Resources Estimate for Mexico"s Amoca Field

Eni SpA (E) recently raised the estimate of crude and natural gas resources at the Amoca field to 1 billion barrels of oil equivalent. Integrated energy firm Eni SpA E recently raised the estimate of .....»»

Category: topSource: zacksJul 14th, 2017

Saudi Arabia Just "Discovered" 73 Billion Barrels of Oil by Royal Decree

The oil-rich kingdom cut taxes on Saudi Aramco just ahead of its IPO, which could unlock an additional 73 billion barrels of oil supplies......»»

Category: topSource: foxnewsJul 10th, 2017

BP Gulf oil spill damage valued at $17.2 billion in new study

BP Plc’s 2010 Gulf of Mexico oil spill caused damage to beaches, animals, fish, and coral that the public values at $17.2 billion, according to a financial accounting released on the seventh anniversary of the disaster......»»

Category: topSource: moneycentralApr 20th, 2017

Outside the Box: Fracking could fuel Alaska’s next oil boom

Over the past year oil companies have discovered as much as five billion barrels or more of recoverable oil on Alaska’s North Slope, equal to a 14% increase in U.S. proven reserves......»»

Category: topSource: marketwatchApr 15th, 2017

Alaska Has a New Oil Boom Thanks to Fracking

Over the past year oil companies have discovered volumes on Alaska’s North Slope totaling as much as five billion barrels or more of recoverable oil......»»

Category: topSource: newsweekApr 15th, 2017

When Will Russia Run Out Of Oil?

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global c.....»»

Category: blogSource: valuewalkApr 5th, 2017

Chevron Discovers Oil at Anchor Prospect in Gulf of Mexico

Chevron Corporation (CVX) has recently discovered oil at an appraisal well at .....»»

Category: topSource: zacksMar 16th, 2017

Repsol Reports Significant Onshore Oil Field Discovery in US

Repsol S.A. (REPYY) recently discovered a giant oil field in Alaska, holding as much as 1.2 billion barrels of oil. Spanish oil giant Repsol S.A. REPYY recently discovered a giant oil field in Alaska, holding as much as 1.2 billion barrels of.....»»

Category: topSource: zacksMar 14th, 2017

Massive oil discovery in Alaska is biggest onshore find in 30 years - fox2now.com

CNBCMassive oil discovery in Alaska is biggest onshore find in 30 yearsfox2now.comSome 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the .....»»

Category: topSource: googlenewsMar 12th, 2017

Massive oil discovery in Alaska is biggest onshore find in 30 years

Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades......»»

Category: topSource: cnnMar 10th, 2017

Massive oil discovery in Alaska is biggest onshore find in 30 years - CNNMoney

CNNMoneyMassive oil discovery in Alaska is biggest onshore find in 30 yearsCNNMoneySome 1.2 billion barrels of oil have been discovered in Al.....»»

Category: topSource: googlenewsMar 10th, 2017

Massive oil discovery in Alaska is biggest in 30 years

Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades......»»

Category: topSource: cnnMar 10th, 2017

Massive oil discovery in Alaska is biggest in 30 years

Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades......»»

Category: marketsSource: cnnMar 10th, 2017

Freeport (FCX) Concludes Sale of Deepwater GOM Properties

Freeport-McMoRan Inc. (FCX) has concluded the earlier announced sale of its Deepwater Gulf of Mexico (GOM) properties to Anadarko Petroleum Corporation (APC) for $2 billion in cash, before closing adjustments. Freeport-McMoRan Inc. FCX has con.....»»

Category: topSource: zacksDec 16th, 2016

Anadarko Discloses New Buyout, Lifts Oil Volume Outlook

Anadarko Petroleum Corporation (APC) made a number of announcements recently, including the acquisition of Freeport-McMoRan Oil & Gas's deepwater Gulf of Mexico ("GOM") assets for $2 billion Anadarko Petroleum Corporation APC made a number of a.....»»

Category: topSource: zacksDec 16th, 2016

In mammoth task, BP sends almost three million barrels of US oil to Asia - CNBC

CNBCIn mammoth task, BP sends almost three million barrels of US oil to AsiaCNBCVessels gather near Transocean Ltd.'s Development Driller III, right, at the BP Plc Macondo well site in the Gulf of Mexico off the coast of Louisiana, U.S., on Thursday, .....»»

Category: topSource: googlenewsDec 7th, 2016

BP to push ahead with big oil project in the Gulf of Mexico

BP PLC is moving ahead with a $9 billion oil project in the Gulf of Mexico after a cost-cutting redesign, a sign of confidence about future prices for crude......»»

Category: topSource: foxnewsDec 2nd, 2016

Mexico"s Deep-Water Oil Round: The Time Of Truth For Energy Reform?

The next round of bidding for 10 deep-water oil fields offshore Mexico's coast is seen as the “crown jewel,” with a reserve potential up to 11 billion barrels. It will be a key test of state-owned oil company PEMEX and its ability to do business with .....»»

Category: smallbizSource: forbesDec 1st, 2016

The Midland Basin Wolfcamp Shale Is Not Worth $900 Billion - That"s Not How Resource Economics Works

There is much excitement at the USGS announcement of their discovery of vast shale oil resources in the Wolfcamp area of the Midland Basin in Texas. At 20 billion barrels it's said to be the largest continuous field ever discovered. It most certainly has .....»»

Category: topSource: forbesNov 18th, 2016

The largest oil deposit ever found in America was just discovered in Texas (USO, WTI, OIL, VDE)

Thomson ReutersThe US Geological Survey said Tuesday that it found what could be the largest deposit of untapped oil ever discovered in America. An estimated average of 20 billion barrels of oil and 1.6 billion barrels of natural gas liquids are avai.....»»

Category: topSource: businessinsiderNov 16th, 2016