Oil & Gas News

Guyana set to increase government royalties in new oil licenses
05.07.2019
282
Guyana set to increase government royalties in new oil licenses
Now that Guyana is the new offshore oil hotspot, the South American country is getting ready to lift…
Kazakhstan looks to boost crude oil exports to China
05.07.2019
479
Kazakhstan looks to boost crude oil exports to China
Kazakhstan aims to significantly increase its crude oil exports to China by redirecting some oil flo…
Cuba feels heat of U.S. sanctions on Venezuela
04.07.2019
281
Cuba feels heat of U.S. sanctions on Venezuela
Cuban oil firm Cubametales has found itself on the receiving end of further US sanctions as the Unit…
British Columbia issues critical permit for second LNG project
04.07.2019
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British Columbia issues critical permit for second LNG project
The British Columbia Oil and Gas Commission has granted a permit for the Woodfibre LNG project, afte…
China looks to launch low-sulfur fuel oil futures contract
04.07.2019
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China looks to launch low-sulfur fuel oil futures contract
China plans to launch a low-sulfur bunker fuel oil futures contract in a bid to raise its pricing po…
Saudis may cut oil prices for Asian markets
02.07.2019
263
Saudis may cut oil prices for Asian markets
Saudi Arabia may reduce its official selling price for oil for Asian buyers in August, unnamed sourc…
Oxy jet trip to Shell home sparks new Anadarko speculation
02.07.2019
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Oxy jet trip to Shell home sparks new Anadarko speculation
A report that Occidental Petroleum’s corporate jet traveled to the Hague, one of Shell’s…
Keystone XL finds unlikely supporter in democrat presidential hopeful
02.07.2019
306
Keystone XL finds unlikely supporter in democrat presidential hopeful
The Governor of Montana, Steve Bullock, has broken away from the Democrat’s strong pro-climate…
Russia says it is overcomplying with OPEC production quota
02.07.2019
261
Russia says it is overcomplying with OPEC production quota
Russia’s oil production in June was 50,000 bpd below the level Moscow had pledged under the OP…
Saudis boost security measures after oil tanker attacks
02.07.2019
372
Saudis boost security measures after oil tanker attacks
Saudi Arabia is trying to boost security measures in place for its oil infrastructure and in territo…
Major Operator Achieves Record Breaking 1 Hour Recovery from Stuck Pipe
01.07.2019
238
Major Operator Achieves Record Breaking 1 Hour Recovery from Stuck Pipe
To recover from a previous stuck pipe incident in the same well Churchill’s client, a UAE base…
BP Discovers More Gas Resources at Greater Tortue Ahmeyim Project
01.07.2019
484
BP Discovers More Gas Resources at Greater Tortue Ahmeyim Project
Oil major BP has expanded a natural gas resource potential at the Greater Tortue Ahmeyim gas project…
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