Oil & Gas News

Saudis to boost oil pipeline capacity to bypass strait of Hormuz
26.07.2019
221
Saudis to boost oil pipeline capacity to bypass strait of Hormuz
Saudi Arabia is looking to raise the capacity of its east-west oil pipeline to 7 million bpd in two…
Chevron finds new friend in Venezuela’s Juan Guaido
24.07.2019
237
Chevron finds new friend in Venezuela’s Juan Guaido
Hope for crisis-stricken Venezuela may be dwindling, but Chevron—who has been steadfastly oper…
Hedge funds unexpectedly set the stage for an oil rally
24.07.2019
121
Hedge funds unexpectedly set the stage for an oil rally
As market participants continue to weigh two decisively bearish factors for oil prices—slowing…
Huge crude draw fuels oil price rally
24.07.2019
141
Huge crude draw fuels oil price rally
A day after the American Petroleum Institute reported a stunning crude oil inventory draw of over 10…
Aramco IPO Bankers Question Whether Deal is Worth the Effort
22.07.2019
223
Aramco IPO Bankers Question Whether Deal is Worth the Effort
When Saudi Arabia announced plans to sell shares in its crown jewel Aramco, international bankers sc…
Jersey Hails ‘Most Significant Event Since Inception’ With New North Sea Blocks
22.07.2019
158
Jersey Hails ‘Most Significant Event Since Inception’ With New North Sea Blocks
Jersey said on Monday it had been awarded 100% working interests and operatorship of three blocks in…
Nuclear watchdog: Ohio delivers “Death Blow” to renewables
18.07.2019
182
Nuclear watchdog: Ohio delivers “Death Blow” to renewables
As Ohio is close to rescuing FirstEnergy’s two nuclear reactors in the state from early retire…
Iran seizes foreign oil tanker with 12 crew, state media says
18.07.2019
221
Iran seizes foreign oil tanker with 12 crew, state media says
Iran has seized an oil tanker it claimed was carrying 1 million liters of "smuggled fuel,"…
Oil slips after US fuel inventories build
17.07.2019
151
Oil slips after US fuel inventories build
Oil prices slipped on Wednesday steadied after plummeting more than 3% in the previous session, but…
The ‘biggest change in oil market history’ is less than six months away
15.07.2019
166
The ‘biggest change in oil market history’ is less than six months away
Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of slud…
Oil prices edge higher on Chinese economic data
15.07.2019
110
Oil prices edge higher on Chinese economic data
Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations…
Capricorn Norge Strikes Out Southeast of Norne Field
13.07.2019
220
Capricorn Norge Strikes Out Southeast of Norne Field
Capricorn Norge AS, operator of PL 758, has completed the drilling of wildcat well 6508/1-3....
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