Oil & Gas News

Oil rises as OPEC output cuts look set to continue while US drilling activity slumps
11.03.2019
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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
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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
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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
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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
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$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
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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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