Oil & Gas News

ConocoPhillips Awarded Wildcat Permit Offshore Norway
03.08.2019
366
ConocoPhillips Awarded Wildcat Permit Offshore Norway
The Norwegian Petroleum Directorate has granted ConocoPhillips Skandinavia AS a wildcat drilling per…
Shell Sells its Caesar-Tonga Asset in the GOM for $965 million
03.08.2019
163
Shell Sells its Caesar-Tonga Asset in the GOM for $965 million
Shell has sold its non-operated interest (22.45%) in the Caesar-Tonga asset, U.S. Gulf of Mexico, to…
BP Avoids Sending its Tankers Through the Strait of Hormuz
03.08.2019
267
BP Avoids Sending its Tankers Through the Strait of Hormuz
BP, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in f…
Libya’s oil industry turns to China for help
26.07.2019
207
Libya’s oil industry turns to China for help
Libya NOC representatives traveled to China today to discuss China’s interest in helping to re…
Saudis to boost oil pipeline capacity to bypass strait of Hormuz
26.07.2019
305
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
320
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
157
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
176
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
298
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
192
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
259
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
294
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,"…
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