Global Industry: The Exxon’s Climate Change Proxy Costs

New York’s top cop told a judge that an investigation into Exxon Mobil Corp.’s public statements about climate change uncovered “significant evidence” the oil giant may have misled investors.

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A Look At Our Neighbour: Madagascar Oil looks far ahead…

A project to develop heavy oil at Tsimiroro could lead to the production of tens of thousands of barrels per day, but that isn’t going to happen overnight. Madagascar Oil’s operations chief Stewart Ahmed has every reason to be pleased. A decree approved by the government on May 21 that authorized the company to market Tsimiroro’s test heavy oil for six months will enable the firm to make a pitch for its projects in Madagascar to…

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Global Oil & Gas Industry: Oil Market Forecast & Review – 30th May 2014

July Crude Oil futures finished the week lower in lackluster fashion. Despite closing on its high the previous week which should have been a lay-up for a higher opening and follow-through rally, speculative traders failed to bite on the set-up, giving long investors an early excuse to take profits and pare positions.

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