Oil & Gas News

How U.S. shale exports forever changed global oil markets
08.01.2021
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How U.S. shale exports forever changed global oil markets
Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first U.S. sha…
Oil passes $55 on hopes for more U.S. stimulus spending
08.01.2021
305
Oil passes $55 on hopes for more U.S. stimulus spending
Brent oil climbed to near $55 a barrel as Saudi Arabia’s unilateral output cut eased over-supp…
Petrobras matched Kuwait’s oil production in 2020
08.01.2021
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Petrobras matched Kuwait’s oil production in 2020
Petrobras wrapped up 2020 with record oil production just as most of its peers reeled from the worst…
ADNOC and TOTAL deliver first unconventional gas from the UAE
15.11.2020
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ADNOC and TOTAL deliver first unconventional gas from the UAE
ADNOC and TOTAL, announced the delivery of the first unconventional gas from the United Arab Emirate…
ConocoPhillips tallies significant gas discovery offshore Norway
15.11.2020
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ConocoPhillips tallies significant gas discovery offshore Norway
ConocoPhillips announced a new gas condensate discovery in production license 1009 located 22 miles…
OPEC+ explores a three to six month delay on oil output hikes
15.11.2020
545
OPEC+ explores a three to six month delay on oil output hikes
Talks between OPEC and its allies are zeroing in on a delay to next year’s planned oil-output…
Oil prices fall for second day as virus case count surges
15.11.2020
518
Oil prices fall for second day as virus case count surges
Oil fell for a second day -- dropping below $41 a barrel in New York -- as the ongoing spread of cor…
Michigan moves to shut down pipeline critical to Canadian refining
15.11.2020
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Michigan moves to shut down pipeline critical to Canadian refining
Enbridge Inc.’s battle with Michigan escalated on Friday as the governor took new legal action…
Trump seeks to accelerate auctions for Arctic refuge drilling
15.11.2020
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Trump seeks to accelerate auctions for Arctic refuge drilling
The Trump administration is advancing plans to auction drilling rights in the U.S. Arctic National W…
Oil prices slip below $39 as Libya ramps up production
27.10.2020
573
Oil prices slip below $39 as Libya ramps up production
Oil extended its slide to a second day on a cocktail of surging coronavirus cases in the U.S. and Eu…
BP considering deepwater Gulf of Mexico stake sale
27.10.2020
797
BP considering deepwater Gulf of Mexico stake sale
BP is weighing a sale of its majority stake in the Constellation oilfield in the Gulf of Mexico, acc…
Canada’s Suncor considers selling North Sea oil and gas fields
22.10.2020
488
Canada’s Suncor considers selling North Sea oil and gas fields
Canada’s Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the No…
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