Oil prices have continued to fall with West Texas Intermediate crude entering a bear market and Brent briefly tumbling below US$60 after US petroleum inventories ballooned.As a result many Australian oil shares have been under pressure with...
Shares of petroleum refiner, distributor and convenience store operator Caltex's share price seen a 7% drop in value over the past three days.The trigger for the downtrend seems to be...
Real Energy's share price has seen its share price rally end this morning after the 22.22% nosedive at the beginning of trade today. The share price fell three cents to trade at 10.5 cents per share.
The massive investment into liquid natural gas (LNG) over the past decade has resulted in the development of a new export industry. It may finally start to pay off over the next few years.
A frenzy of drilling in shale gas fields across the country over the past decade has put the US within arm’s reach of achieving energy independence. Gas prices are at record lows, and electricity prices are falling. The US economy is booming right now.
Drillers in the US are pumping record levels of oil and gas. The US is on track to be a net exporter of natural gas in 2018 — for the first time ever
Origin Energy Ltd [ASX:ORG] rose 3.77% today, to a high of $6.60 a share. But they weren’t the only energy provider that saw their share price climb.
The east coast energy crisis is a part of a larger problem engulfing Australia’s energy and power infrastructure. South Australia is at the centre of it.
Oil will be increasingly obsolete in this newfangled, technology-rich economy — or so the thinking goes. But there are still profits to be made in energy.
Worley Parsons [ASX:WOR] is a contract engineering company primarily providing services to the oil and gas industry.