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Oil & Gas News

SPR sale mooted by US government
27.05.2017
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SPR sale mooted by US government
The US executive has called for the sale of 270 million barrels of oil from the Strategic Petroleum…
OPEC extends oil production cut
26.05.2017
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OPEC extends oil production cut
The oil cartel OPEC has agreed to extend production cuts into 2018 in an effort to end a g…
Oil & Gas stocks under scanner-Transocean, SeaDrill, Whiting Petroleum, and Pioneer Energy Services
26.05.2017
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Oil & Gas stocks under scanner-Transocean, SeaDrill, Whiting Petroleum, and Pioneer Energy Services
Shares in Vernier, Switzerland-based Transocean Ltd rose 1.05%, ending Tuesday's trading session…
Capex increases among China’s NOCs to boost shale development
26.05.2017
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Capex increases among China’s NOCs to boost shale development
Shale gas development in China is expected to benefit from an overall boost in capital expenditure b…
Trump wants to sell half of emergency US oil reserve
24.05.2017
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Trump wants to sell half of emergency US oil reserve
The federal government has stashed away nearly 700 million barrels of oil to shield Americans from a…
US Emergency Oil Reserve
23.05.2017
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US Emergency Oil Reserve
US Emergency Oil Reserve
Oil prices whipsaw in wild trading as Iraq emerges as potential holdout on OPEC deal
22.05.2017
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Oil prices whipsaw in wild trading as Iraq emerges as potential holdout on OPEC deal
Oil prices swung from one-month highs to session lows in volatile trading on Monday as investors awa…
15 Oilfield Memes of the week
20.05.2017
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15 Oilfield Memes of the week
Great and funny oilfield memes of the week. Be funny and work safe!
Algeria headed for unrest as oil subsidies set to end
19.05.2017
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Algeria headed for unrest as oil subsidies set to end
Algeria is planning to reduce oil subsidies further as a way of cutting public spending amid consist…
Oman to sell $2 billion in Islamic bonds to close oil crisis budget deficit
19.05.2017
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Oman to sell $2 billion in Islamic bonds to close oil crisis budget deficit
Low oil revenues are prompting the government of Oman to sell $2 billion in Islamic bonds to raise f…
What future for gas?
18.05.2017
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What future for gas?
While UK gas production is rising, Energy Flux’s Mark Simons said, the power sector is not a l…
Wood Group signs global master services agreement with Chevron
18.05.2017
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Wood Group signs global master services agreement with Chevron
Wood Group has signed a ten-year master services agreement (MSA) with Chevron that allows them to de…
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