Oil & Gas News

Oil rises as OPEC output cuts look set to continue while US drilling activity slumps
11.03.2019
321
Oil rises as OPEC output cuts look set to continue while US drilling activity slumps
Oil prices edged up on Monday after Saudi oil minister Khalid al-Falih said an end to OPEC-led suppl…
UK oil and gas production forecast raised
11.03.2019
298
UK oil and gas production forecast raised
Forecasts of how much oil and gas could be produced by the UK offshore industry have been revised up…
UK foreign secretary: Brexit won’t crush oil industry
10.03.2019
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UK foreign secretary: Brexit won’t crush oil industry
Jeremy Hunt, the UK’s Foreign Secretary assured the oil and gas industry that Brexit will not…
America is set to surpass Saudi Arabia in a 'remarkable' oil milestone
09.03.2019
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America is set to surpass Saudi Arabia in a 'remarkable' oil milestone
The United States will surpass Saudi Arabia later this year in exports of oil, natural gas liquids a…
Mexico set to lose billions from auction delay
07.03.2019
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Mexico set to lose billions from auction delay
Mexico will lose billions as a result of the new government’s decision to delay oil and gas au…
Gusar secures gas exploration drilling contract with Gazprom
06.03.2019
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Gusar secures gas exploration drilling contract with Gazprom
Plexus Holdings PLC, owner of the proprietary POS-GRIP® friction-grip method of wellhead enginee…
Intertek launches Iraq's first independent hydrocarbon lab
06.03.2019
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Intertek launches Iraq's first independent hydrocarbon lab
Intertek has launched the first independent crude oil, fuel testing and petroleum products laborator…
BP and Enpro Subsea announce Global Frame Agreement
06.03.2019
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BP and Enpro Subsea announce Global Frame Agreement
BP and Enpro Subsea (Enpro) have announced the execution of a Global Frame Agreement aimed at provid…
Oil drops towards $65 as Libya’s biggest field restarts
05.03.2019
389
Oil drops towards $65 as Libya’s biggest field restarts
Oil fell towards $65 a barrel on Tuesday, pressured by the restart of Libya’s biggest oilfield…
OPEC set to push back oil output decision from April to June
05.03.2019
254
OPEC set to push back oil output decision from April to June
OPEC will likely wait until June to decide how to proceed with the production cuts as the initially…
$70 oil is right around the corner
05.03.2019
465
$70 oil is right around the corner
Oil traders are taking on an “overly bearish tone,” paying too much attention to Trump&r…
Oil train restriction passes Washington Senate
05.03.2019
303
Oil train restriction passes Washington Senate
The Washington Senate has passed a bill that would target oil trains by require crude oil passing th…
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