Oil & Gas News

Ecuador’s Oil Expansion Plans Halted by Protests, Sabotage
08.11.2019
393
Ecuador’s Oil Expansion Plans Halted by Protests, Sabotage
Ecuador’s plan to boost its economy by attracting foreign oil investment is falling victim to…
Exxon, Chevron Begin Pushing Back Against Warren’s Fracing Ban
08.11.2019
404
Exxon, Chevron Begin Pushing Back Against Warren’s Fracing Ban
America’s two biggest oil companies are starting to push back against the fracing ban touted b…
Saudis Hike Light Crude Prices, Driven by High IMO 2020 Demand
08.11.2019
676
Saudis Hike Light Crude Prices, Driven by High IMO 2020 Demand
Saudi Arabia has priced its lighter crude at the widest premium to heavier oil in almost two years a…
OPEC Predicts U.S. Shale Will Steal Market Share for Years to Come
08.11.2019
730
OPEC Predicts U.S. Shale Will Steal Market Share for Years to Come
OPEC slashed estimates for the amount of oil it will need to pump in coming years, projecting that i…
ExxonMobil to Sell Norway Upstream Operations for $4.5 billion
01.10.2019
919
ExxonMobil to Sell Norway Upstream Operations for $4.5 billion
ExxonMobil signed an agreement today with Vår Energi AS for the sale of its non-operated upstr…
Allseas Scoops Large EPCI Pipeline Project from ConocoPhillips
01.10.2019
569
Allseas Scoops Large EPCI Pipeline Project from ConocoPhillips
ConocoPhillips Australia, as operator of the Barossa joint venture, has awarded an Engineering, Proc…
Repairs to Saudi Oil Production May Take ‘Many Months’
26.09.2019
618
Repairs to Saudi Oil Production May Take ‘Many Months’
Full repairs to the attacked Saudi oil fields may take “many months,” not the 10 weeks t…
Norwegian Oil, Gas Production Continues to Miss Forecast Targets
26.09.2019
360
Norwegian Oil, Gas Production Continues to Miss Forecast Targets
The Norwegian Petroleum Directorate’s preliminary production figures for August 2019 show an a…
Transocean Dodges $1.1 billion in Future Costs by Relinquishing Interests in Two Drillships
26.09.2019
641
Transocean Dodges $1.1 billion in Future Costs by Relinquishing Interests in Two Drillships
Transocean announced that two of its indirect, wholly-owned subsidiaries will relinquish their respe…
Aramco Tells Customers Some October Oil Loadings Will Be Delayed
21.09.2019
578
Aramco Tells Customers Some October Oil Loadings Will Be Delayed
Saudi Aramco notified at least four customers that some crude deliveries in early October will be de…
ExxonMobil Puts Key Australian Gas Assets up for Sale
21.09.2019
715
ExxonMobil Puts Key Australian Gas Assets up for Sale
Commenting on the news of the ExxonMobil sale, Wood Mackenzie research director Angus Rodger said, &…
Saudi Arabia Partially Restores Output at Damaged Oil Plant
21.09.2019
597
Saudi Arabia Partially Restores Output at Damaged Oil Plant
Saudi Arabia attempted to move beyond the worst oil disruption in its history, assuring the world th…
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