Oil & Gas News

Shell to remove emergency response vessel from Knarr
25.06.2017
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Shell to remove emergency response vessel from Knarr
A/S Norske Shell has received consent to remove the emergency response vessel from the Knarr field.
Oil Search establishes US$600 million revolving credit facility
25.06.2017
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Oil Search establishes US$600 million revolving credit facility
Oil Search is pleased to announce that it has signed documentation with a 14 member bank group for a…
With oil washing out, Russia’s zeal to reform remains elusive
25.06.2017
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With oil washing out, Russia’s zeal to reform remains elusive
Two of the world's biggest oil producing countries are coping with the slide in crude in sharply…
Gulf Of Mexico Oil Loses 301,000 BPD To Storm Cindy
24.06.2017
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Gulf Of Mexico Oil Loses 301,000 BPD To Storm Cindy
One-sixth of offshore production in the Gulf of Mexico had been shut in by the end of Wednesday, ahe…
OPEC Has Few Escape Routes From Another Bear Market in Oil
23.06.2017
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OPEC Has Few Escape Routes From Another Bear Market in Oil
Oil’s back in a bear market and investors remain unmoved by last month’s agreement to pr…
Here’s what the Saudi leadership shake up means for oil prices
21.06.2017
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Here’s what the Saudi leadership shake up means for oil prices
Oil market participants were assessing on Wednesday the potential impact upon the world's most t…
Is $100 Oil Possible? Wells Fargo Says No
18.06.2017
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Is $100 Oil Possible? Wells Fargo Says No
$100 oil is but a “pipe dream,” according to a new investor note by Wells Fargo. &ldquo…
BP and Reliance Industries to progress and expand partnership
17.06.2017
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BP and Reliance Industries to progress and expand partnership
Reliance Industries Limited (RIL) and BP announced that they are moving forward to develop already-d…
Shell signs bunkering deal with Qatar
17.06.2017
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Shell signs bunkering deal with Qatar
Royal Dutch Shell has signed a framework agreement with Qatar Petroleum on LNG bunkering, according…
Oil From OPEC's Rivals to Exceed Demand Growth in 2018
14.06.2017
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Oil From OPEC's Rivals to Exceed Demand Growth in 2018
New oil supplies from OPEC’s rivals will be more than enough to meet growth in demand next yea…
Drilling commences on Western Surat Gas Project
14.06.2017
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Drilling commences on Western Surat Gas Project
Senex Energy Limited announces it has commenced its Phase 2 drilling campaign in the Surat Basin on…
Energy markets in transition: BP Statistical Review shows long-term shifts underway
14.06.2017
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Energy markets in transition: BP Statistical Review shows long-term shifts underway
  The 2017 edition of the BP Statistical Review of World Energy shows global energy markets co…
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