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Oil & Gas News

OPEC Has Few Escape Routes From Another Bear Market in Oil
23.06.2017
1 664
OPEC Has Few Escape Routes From Another Bear Market in Oil
Oil’s back in a bear market and investors remain unmoved by last month’s agreement to pr…
Here’s what the Saudi leadership shake up means for oil prices
21.06.2017
1 951
Here’s what the Saudi leadership shake up means for oil prices
Oil market participants were assessing on Wednesday the potential impact upon the world's most t…
Is $100 Oil Possible? Wells Fargo Says No
18.06.2017
1 821
Is $100 Oil Possible? Wells Fargo Says No
$100 oil is but a “pipe dream,” according to a new investor note by Wells Fargo. &ldquo…
BP and Reliance Industries to progress and expand partnership
17.06.2017
1 530
BP and Reliance Industries to progress and expand partnership
Reliance Industries Limited (RIL) and BP announced that they are moving forward to develop already-d…
Shell signs bunkering deal with Qatar
17.06.2017
1 345
Shell signs bunkering deal with Qatar
Royal Dutch Shell has signed a framework agreement with Qatar Petroleum on LNG bunkering, according…
Oil From OPEC's Rivals to Exceed Demand Growth in 2018
14.06.2017
1 539
Oil From OPEC's Rivals to Exceed Demand Growth in 2018
New oil supplies from OPEC’s rivals will be more than enough to meet growth in demand next yea…
Drilling commences on Western Surat Gas Project
14.06.2017
1 349
Drilling commences on Western Surat Gas Project
Senex Energy Limited announces it has commenced its Phase 2 drilling campaign in the Surat Basin on…
Energy markets in transition: BP Statistical Review shows long-term shifts underway
14.06.2017
1 287
Energy markets in transition: BP Statistical Review shows long-term shifts underway
  The 2017 edition of the BP Statistical Review of World Energy shows global energy markets co…
OPEC oil production jumps in May despite cartel's output agreement as Iraq, Libya pump more
13.06.2017
1 408
OPEC oil production jumps in May despite cartel's output agreement as Iraq, Libya pump more
OPEC's oil production jumped in May, despite the exporter group agreeing last month to extend it…
Oil rises on Saudi pledge to make real supply cuts to Asia, U.S.
13.06.2017
1 629
Oil rises on Saudi pledge to make real supply cuts to Asia, U.S.
Oil prices edged up on Tuesday, lifted by statements that Saudi Arabia was making significant supply…
API welcomes Senate letter supporting North American energy markets
12.06.2017
1 417
API welcomes Senate letter supporting North American energy markets
API President and CEO Jack Gerard welcomed a letter sent by eight U.S. Senators to U.S. Trade Repres…
Wood Group wins Statoil concept and feasibility study contracts
12.06.2017
1 219
Wood Group wins Statoil concept and feasibility study contracts
  Wood Group has been awarded two new contracts by Statoil to deliver concept and feasibility…
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