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US Short Term Energy Outlook

Energy outlook, EIA expects the U.S. average refiner acquisition cost of crude oil to remain relatively flat, averaging about $100 per barrel in 2011 and 2012. The value of West Texas Intermediate (WTI) benchmark crude oil was about $11 per barrel below the U.S. refiner acquisition cost of crude oil in the third quarter of [...]

Wednesday, November 30th, 2011

Exxon Worldwide Oil and Gas Production Decline 4.28 mb per day

Exxon’s oil and gas production declined by 3.8 percent during July-September period is equivalent to 4.28 million barrels of crude per day, the company Irving, Texas-based said yesterday in a statement. That is the lowest output since the second quarter of last year and the biggest drop since 2008. Exxon, the world’s largest company by [...]

Friday, October 28th, 2011

10 Largest Producers of Natural Gas

The 10 largest producers of natural gas were, in order, Exxon Mobil Corp. (NYSE: XOM), BP plc (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK), EnCana Corp. (NYSE: ECA), ConocoPhillips Corp. (NYSE: COP), Devon Energy Corp. (NYSE: DVN), EOG Resources, Inc. (NYSE: EOG), Anadarko Petroleum Corp. (NYSE: APC), Ultra Petroleum Corp. (NYSE: UPL), and Questar Corp. [...]

Tuesday, September 20th, 2011
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