US shale gas casts a long shadow over…

Middle Eastern petrochemical companies are known for their lavish hospitality, but at a cocktail party organized by a major Saudi company in Berlin recently, the atmosphere was quite somber. A conversation with one of the…

Forties to Urals crude oil switching less likely…

The combination of widening Urals and narrowing Forties differentials has made the prospect of refiners switching to Urals from Forties less attractive in recent days, according to traders.The Forties premium over Urals NWE narrowed to…

Metgasco farms into Cooper basin well

Metgasco Ltd., Sydney, has made an agreement with Adelaide companies Senex Energy Ltd. and Cooper Energy Ltd. to farm in to area surrounding the current Frey-1 wildcat within PEL93 of the South Australian Cooper basin…