Oil & Gas News

Chevron completes acquisition of Pasadena Refining System
06.05.2019
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Chevron completes acquisition of Pasadena Refining System
Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation, has announced that it…
Oceaneering secures new rig support contract from Wintershall
06.05.2019
493
Oceaneering secures new rig support contract from Wintershall
Oceaneering International, Inc. (“Oceaneering”) has recently secured a drilling and comp…
India asked US if it can keep purchasing Iranian crude oil despite end of waiver
03.05.2019
206
India asked US if it can keep purchasing Iranian crude oil despite end of waiver
India has asked the United States if it would be flexible in allowing India to continue importing Ir…
Canadian oil driller abruptly shuts down, abandons 4,700 wells
03.05.2019
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Canadian oil driller abruptly shuts down, abandons 4,700 wells
A junior Canadian gas E&P company has shut down abruptly, leaving as many as 4,700 wells behind,…
Trump to ease offshore drilling rules imposed after Deepwater Horizon disaster
02.05.2019
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Trump to ease offshore drilling rules imposed after Deepwater Horizon disaster
The U.S. Department of the Interior plans to announce on Thursday the final draft of proposals to ro…
19 historical oil disruptions, and how no.20 will shock markets
01.05.2019
342
19 historical oil disruptions, and how no.20 will shock markets
Albert Einstein once wrote that “the definition of insanity is doing the same thing over and o…
Overly bullish hedge funds set the stage for oil price drop
01.05.2019
215
Overly bullish hedge funds set the stage for oil price drop
For more than ten weeks, portfolio managers have been consistently amassing bullish bets in the most…
A new mega cartel is emerging in oil markets
30.04.2019
268
A new mega cartel is emerging in oil markets
China and India—two of the world’s largest oil importers and the biggest demand growth c…
Major strike at Europe’s largest oil refinery ends
28.04.2019
192
Major strike at Europe’s largest oil refinery ends
Trade unions have agreed to end a week-long strike at Europe’s largest oil refinery - Shell&rs…
Exxon, Chevron earnings slump on weak refining margins
28.04.2019
179
Exxon, Chevron earnings slump on weak refining margins
U.S. supermajors ExxonMobil and Chevron reported on Friday lower Q1 earnings compared to a year ago,…
Russia meets Ukraine, Belarus, Poland to discuss tainted oil
27.04.2019
299
Russia meets Ukraine, Belarus, Poland to discuss tainted oil
Russia is holding talks with Ukraine, Poland, and Belarus over a contamination of its crude oil that…
The summer driving season may just have gotten more expensive
26.04.2019
205
The summer driving season may just have gotten more expensive
US and global crude oil prices are near six-month highs as the White House said Monday it would not…
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