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The latest oil and gas news from around the world.
Updated: 2 hours 26 min ago

Oil Prices Slump on US Fuel Supply Build

4 hours 43 min ago
Oil and gasoline futures tumbled the most in more than two weeks.

Activist Groups Sue Trump Admin Over Offshore Spill Analysis

5 hours 28 min ago
The Trump administration was sued by several environmental groups that claim it has violated the Endangered Species Act.

Texas FLNG Port Developer Makes Fuel Supply Deal

6 hours 19 min ago
This illustration depicts Pilot LNG's planned FLNG-based bunker port for Galveston Bay. IMAGE SOURCE: Pilot LNG and GAC Bunker Fuels

Can Libya Sustain Its Oil Comeback?

Wed, 10/21/2020 - 23:02
After years of setbacks and false starts, Libya is back in the oil game.

Texas Study Links More Than 238,000 Jobs to Pipelines

Wed, 10/21/2020 - 21:17
A new study finds ongoing operations and construction in Texas' pipeline industry provided nearly $49 billion in economic impact last year.

CGG Delivers Geothermal Study to Energy Major

Wed, 10/21/2020 - 20:19
CGG announced Tuesday that its Geothermal Science group has delivered a global geothermal resource study to a major energy company.

Fluor Unit Wins Peru Pipeline Contract

Wed, 10/21/2020 - 20:07
Fluor's Stork subsidiary will provide pipeline maintenance services under a consortium. PHOTO SOURCE: BusinessWire

OGCI Reports Significant Progress

Wed, 10/21/2020 - 19:58
The Oil and Gas Climate Initiative has reported 'significant progress' on its aggregate upstream methane and carbon intensity targets.

MPA Appoints New Chairman and Vice Chairman

Wed, 10/21/2020 - 19:22
The Montrose Port Authority has appointed two new board members, a new chairman and a new vice-chairman.

Tullow Gets Green Light for $575MM Total Deal

Wed, 10/21/2020 - 18:46
Tullow Oil (OTCMKTS: TUWOY) has received government approvals for the $575 million sale of its Uganda assets to Total (NYSE: TOT).

Oil Down After Report Points to Stockpile Gain

Wed, 10/21/2020 - 17:24
Oil dropped toward $41 a barrel in New York after an industry report pointed to a surprise increase in American crude stockpiles.

Shale Deal Must Navigate Potential Conflict

Wed, 10/21/2020 - 16:48
The latest merger between two U.S. shale producers is dealing with an unusual family dynamic that has raised concerns about a potential conflict of interest.

Pioneer to Acquire Parsley in $4.5B Deal

Wed, 10/21/2020 - 05:16
It's the latest in a flurry of US shale sector mergers.

Oil Prices Settle Higher on Stimulus Expectations

Wed, 10/21/2020 - 04:21
Oil surged to a seven-week high in New York.

Official Says Russia to Wait on OPEC+ Decision

Wed, 10/21/2020 - 01:31
Russia won't be making any decisions about the future of OPEC+'s production cuts before next month's meeting.

Another Permian Operator Sale May Be Underway

Wed, 10/21/2020 - 00:45
Pioneer Natural Resources Co. is in talks to buy rival U.S. shale driller Parsley Energy Inc., according to a person familiar with the matter.

Israel and UAE Eye Pipeline Linking Red and Med Seas

Tue, 10/20/2020 - 23:57
Israel and the UAE have opened talks over an oil pipeline linking the Red Sea with the Mediterranean.

Talos Achieves First Oil in Green Canyon Field

Tue, 10/20/2020 - 23:05
The Bulleit field in the Green Canyon area of the Gulf of Mexico produced first oil last week.

Modest Deals Reflect Slide for US Shale

Tue, 10/20/2020 - 21:15
There is no more dramatic sign of the US shale industry's fall from grace than one of the best in the business being sold off for less than a third of its peak value.

Mitsubishi LNG Tech Wins Bureau Veritas Approval

Tue, 10/20/2020 - 20:04
Bureau Veritas has granted approval in principle to Mitsubishi Shipbuilding for an LNG fuel gas supply system.

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