oil reserves

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Oil tankers chartered for floating storage off Gulf Coast

LONDON (Dow Jones)–Two oil tankers have been booked for use as floating storage vessels off the U.S. Gulf Coast this month, shipping brokers told Dow

Offshore

U.S. and International Energy Agency Tapping Oil Reserves

WASHINGTON -(Dow Jones)- The U.S. government on Thursday said it would release 30 million barrels of oil from its strategic petroleum reserves as part of an

Offshore

Global Drilling Boom: Oil and Gas Spending To Reach Record Level In 2011

HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that

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Who Has The Oil? A Map of World Oil Reserves.

“The United States consumes more than 20,000,000 barrels of oil per day but has less than 2 percent of the world’s remaining oil” This map,