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OPEC Warns of Threats to Oil Supply from Iran and Other Producers
Tuesday, September 18, 2018 The Organization of Petroleum Exporting Countries is concerned by threats to crude supply from large producers such as Iran, according to the group's top official.
Shell UK Outlines New Work Rota for Central North Sea Assets
Tuesday, September 18, 2018 Shell UK reveals Tuesday that it will change its offshore operating model on its central North Sea assets.
Oil Rises as Saudis Said to Be Content with Prices Over $80
Tuesday, September 18, 2018 Oil rose as Saudi Arabia was said to be comfortable with Brent crude exceeding $80 a barrel.
Trump Relaxes Obama Curbs on Flaring Gas From Wells on US Land
Tuesday, September 18, 2018 The Trump administration finalized a rollback of Obama-era limits on methane that is leaked, vented or flared from oil and gas wells on federal lands.
WTI Up 1.4 Percent But Stays Sideways
Tuesday, September 18, 2018 West Texas Intermediate benchmark continues trend.
Safety, Not Fashion, is Main Driver Behind New Women's Gear in Oil and Gas
Monday, September 17, 2018 Entrepreneur Jane Henry sets her sights on solving the issue of ill-fitting women's PPE by creating products that will help them work safer and more efficiently.
OPEC Sees Need to Keep Oil Supply Deal as Demand Faces Headwinds
Monday, September 17, 2018 OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces 'headwinds,' the head of the organization said.
UK Union Postpones North Sea Strike
Monday, September 17, 2018 UK union Unite postpones a 12-hour strike scheduled for Monday on the Alwyn, Dunbar and Elgin platforms in the North Sea.
Tale of Two Oil Markets: Brent Bulls Split From US Optimists
Monday, September 17, 2018 For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade.
Crude See-Saws as Supply Crunch Muted by Impending Demand Drop
Monday, September 17, 2018 Oil capped recent gains as international supply concerns were overshadowed by a looming demand drop.
Oil Magnate Riddell Dies at Age 81
Sunday, September 16, 2018 Clayton Riddell, who founded Canadian oil company Paramount Resources Ltd. and co-owned the NHL's Calgary Flames ice hockey team, has died.
Iran Says Oil Market Is Too Tight For US Zero Exports Target
Friday, September 14, 2018 The US will find it difficult to cut Iran's oil exports completely as the oil market is already tight and rival producers cannot make up the shortfall, official says.
Permian Highways Desperate for Traffic Relief
Friday, September 14, 2018 US Highway 285 is a major north-south route within the Permian Basin of West Texas and southeastern New Mexico, and it's seen better days.
Baker Hughes: US Drillers Add Oil Rigs For Second Week In Three
Friday, September 14, 2018 US energy companies this week added oil rigs for the second time in the last three weeks.
Venezuela Hands China More Oil Presence, But No Mention Of New Funds
Friday, September 14, 2018 Venezuela gave China another stake in the OPEC member's oil industry and signed several other deals in the energy sector.
Crude Caps Weekly Advance as Iran Sanctions Bite Into Supply
Friday, September 14, 2018 Crude posted a third weekly advance out of four as Iranian sanctions take center stage.
Oil Slips as Economic Concerns Counter Tightening Supplies
Thursday, September 13, 2018 Oil prices fell on Thursday, reversing some of the strong gains from the previous session.
Saudis Hire Ex-Solicitor General Olson to Lobby Against NOPEC
Thursday, September 13, 2018 Saudi Arabia is taking no chances with the longshot NOPEC bill, hiring former Solicitor General Ted Olson as a lobbyist to campaign against the act.
The $20B Race to Eclipse Norway's Elite Oil Producers
Thursday, September 13, 2018 The race is on to become Norway's biggest non-state oil company.
IEA Warns of Higher Oil Prices as Iran and Venezuela Losses Deepen
Thursday, September 13, 2018 The IEA warns that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela.
Crude Oil Whipsaws on Demand Concerns
Thursday, September 13, 2018 October WTI fell by 2.5%, erasing earlier gains this week.
Norway Poised to Tussle with Global Giants in German Gas Market
Wednesday, September 12, 2018 After supplying Europe's biggest economy with natural gas for more than 4 decades, Norway is preparing to defend its share as the world's biggest producers all vie for a larger slice of the $21 billion market.
Oil and Gas Sales Value in Scotland Rises Almost 20 Percent
Wednesday, September 12, 2018 The approximate sales value of oil and gas produced in Scotland in the 2017-18 financial year is estimated to be $26 billion (GBP 20 billion), according to a new report released Wednesday.
OPEC Sees Slower 2019 Oil Demand Growth, Warns On Economy
Wednesday, September 12, 2018 OPEC further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside.
Oil Hovers Near $80 A Barrel As Concern Grows Over Global Supply
Wednesday, September 12, 2018 Oil eased, having neared its highest level this year after a drop in US crude inventories.
Meet the Shalennials: CEOs Under 40 Making Millions in Texas Oil
Wednesday, September 12, 2018 Dozens of young entrepreneurs, mostly in their 30s, are running private-equity-backed companies in the frenzied boom in West Texas and New Mexico that may each be worth billions of dollars.
WTI Clears $71, Brent Flirts with $80
Wednesday, September 12, 2018 The latest batch of US crude inventory figures from the API contributes to bullish oil price movements during midweek trading.
Oil Prices Climb Ahead of US Sanctions on Iran
Tuesday, September 11, 2018 Oil prices rose on Tuesday as US sanctions squeezed Iranian crude exports.
Free Cash Flow on UKCS Could Be Over $12.9B in 2018
Tuesday, September 11, 2018 Free cash flow on the UK Continental Shelf could be more than $12.9 billion (GBP 10 billion) this year, for the first time since 2010.
Trump Admin Proposes Relaxing Obama-Era Methane Mandates
Tuesday, September 11, 2018 The Trump administration proposes relaxing Obama-era mandates meant to block rogue methane leaks from oil and gas wells, part of a broader assault.
Islamic State Claims Tripoli Attack, Says Oil Fields 'Legitimate Target'
Tuesday, September 11, 2018 Islamic State claimed responsibility for an attack on the headquarters of Libya's main oil company in Tripoli.
WTI Rises 2.5 Percent on Hurricane Threat
Tuesday, September 11, 2018 Crude oil and reformulated gasoline surged as three named tropical systems churned in the Atlantic Ocean.
South Korea Grants US Wish for Zero Oil Imports From Iran
Monday, September 10, 2018 South Korea has become the first of Iran's top 3 oil customers to fulfill a hard-line US demand that buyers cut imports to zero.
New Report Predicts When Gas Will Become Dominant Energy Source
Monday, September 10, 2018 New report from DNV GL outlines when gas will overtake oil demand to become the dominant energy source.
Oil Steadies As US Inventory Concerns Curb Gains
Monday, September 10, 2018 Oil prices were mixed, pulling back from an early rally after data suggested US crude inventories might build, weighing on the market.
Mexico's AMLO Allocates $3.9B for New Oil Investment
Monday, September 10, 2018 Mexico's next president Andres Manuel Lopez Obrador will allocate $3.9 billion in the budget next year to oil extraction in a bid to resuscitate flagging output.
New Study Reveals UKCS Could Save $1.9B Annually through Data Analytics
Friday, September 07, 2018 Adopting data analytics and digital technologies for asset maintenance and operations could increase production and lower maintenance costs worth $1.9 billion annually to the UKCS, according to a new study.
In Response to Trump, Saudis Increase Oil Exports to US
Friday, September 07, 2018 Saudi Arabia has markedly increased oil exports to America.
US Jobs Report: Mining Adds 6,000 Jobs in August
Friday, September 07, 2018 Employment in mining took a positive turn for the month of August, the BLS reports.
Permian Auction Doubles 2008 Record with near Billion-Dollar Sale
Friday, September 07, 2018 The price to access unexplored shale assets on the New Mexico side of the Permian Basin soared to $95,001 an acre in a federal government auction.
5 Reasons Your Wells Are Not Delivered On Time
Friday, September 07, 2018 As the oil and gas market begins to swing up, this article troubleshoots the roadblocks to timely well delivery that industry leaders face.
Baker Hughes: US Oil Drillers Cut Rigs For Second Week In Three
Friday, September 07, 2018 US energy companies cut oil rigs for the second week in three as the rig count has stagnated over the past three months along with crude prices.
Oil Posts Biggest Weekly Decline since July
Friday, September 07, 2018 Oil posts the biggest weekly decline since July as a rout in emerging markets raised concerns about weakening energy demand.
How to Retrain into Digital Oil, Gas Professions
Thursday, September 06, 2018 Industry experts offer tips for workers looking to retrain into digital oil, gas professions.
Oil Gains From Dollar Weakness; Focus Pinned On Demand Outlook
Thursday, September 06, 2018 Oil rose, encouraged by a weaker dollar and evidence of strong US fuel demand.
Union Strike Halts Rigs At Ecopetrol Oilfield, Production Unaffected
Thursday, September 06, 2018 A 24-hour strike has stopped oil rigs and affected well maintenance at Ecopetrol's La Cira-Infantas oilfield, Ecopetrol and the USO union say.
China Trade War Fears, EIA Report Keep Crude in Check
Thursday, September 06, 2018 Concerns about trade between the US and China, coupled with a mixed US government report, contribute to bearish crude oil price movement.
BSEE: US Crude Oil, Natgas Production Recovering After Gordon
Thursday, September 06, 2018 Crude oil and natural gas production recovering in the northern Gulf of Mexico after Gordon.
Mexico Pesident-Elect Plans Oil Drilling Tenders, No New Mining Taxes
Thursday, September 06, 2018 Mexican President-elect Andres Manuel Lopez Obrador says his government will launch tenders for drilling oil wells from early December.
It Takes an Army: Women in Oil, Gas Encouraged to Mentor Others in Industry
Wednesday, September 05, 2018 Oil and gas companies and industry professionals are taking an active approach to getting more women interested in STEM and helping them feel comfortable working in a male-dominated field.
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