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The latest oil and gas news from around the world.
Updated: 2 hours 10 min ago

Energean Lining Up Zeus

Thu, 01/30/2020 - 08:00
Energean Oil & Gas revealed Wednesday that it expects to spud the Zeus exploration well in March.

BCE-Mach III Snags Alta Mesa, Kingfisher Assets Via Bankruptcies

Thu, 01/30/2020 - 08:00
The partnership is gaining a variety of assets for a combined purchase price of $320 million.

Eagle Mountain Taps Energy Funding with Pearl Energy, NGP

Thu, 01/30/2020 - 08:00
EMEP will pursue acquisition and development opportunities in the Williston Basin and other key Rockies basins.

Americas Contracts Go to DOF Subsea

Thu, 01/30/2020 - 08:00
DOF Subsea reported Wednesday that it has won contracts from undisclosed clients for projects from Canada to the Caribbean.

Kosmos Abandons Oldfield Well in the Gulf

Thu, 01/30/2020 - 08:00
Kosmos expects to record about $24 million of exploration expense related to the drilling project.

Shell Hits 2-Year Low

Thu, 01/30/2020 - 08:00
Royal Dutch Shell Plc fell to the lowest in more than two years after it scaled back share buybacks.

North Sea Fields Shut Down

Thu, 01/30/2020 - 08:00
There will be no production from the Bruce, Keith and Rhum fields for approximately two months while engineering work takes place.

US Oil and Gas Jobs Increase

Thu, 01/30/2020 - 08:00
The U.S. oil and gas industry employed 895,629 professionals in 2019.

OPEC May Call Early Meeting

Thu, 01/30/2020 - 08:00
OPEC members are considering holding an emergency meeting next month, as oil prices sink on concern the coronavirus outbreak will hit demand.

Oil Down After US Stockpiles Jump

Thu, 01/30/2020 - 08:00
Oil resumed declines as the biggest jump in U.S. crude stockpiles in almost three months added to concern over weak demand in a market already grappling with China's spreading coronavirus.

Oil Prices Close Mixed at Midweek

Wed, 01/29/2020 - 08:00
WTI and Brent price movements diverged during Wednesday.

Ovintiv Faces Investors Post Encana Rebranding

Wed, 01/29/2020 - 08:00
Before its name change, the Canada-listed shares of EnCana had been falling for a decade.

Inventory Draw, Kenney's Remarks Spark Canadian Oil Surge

Wed, 01/29/2020 - 08:00
The bounce happened after inventories fell and Alberta's premier pledged to defend prices.

Marcellus LNG Project to Monetize Stranded Gas

Wed, 01/29/2020 - 08:00
Edge LNG's truck-based model produces LNG and delivers it to market.

Operators Will Keep Pushing for Faster Returns

Wed, 01/29/2020 - 08:00
Oil and gas operators globally will continue to push for faster returns with shorter cycle investments as the industry moves away from giant developments, according to GlobalData.

India Petchems Project Goes to Fluor

Wed, 01/29/2020 - 08:00
BPCL has awarded Fluor a project management consultancy services contract.

Cheniere Energy Hits LNG Milestone

Wed, 01/29/2020 - 08:00
Its 1000th cargo was exported within a four-year time period following startup, setting an industry record.

Hess Announces $3 Billion 2020 E&P Budget

Wed, 01/29/2020 - 08:00
More than 80 percent of the funds will be focused on projects in Guyana and the Bakken.

What Themes Will Dominate Oil in 2020?

Wed, 01/29/2020 - 08:00
A variety of themes will dominate oil in 2020.

Drilling Underway at Offshore Peru Prospect

Wed, 01/29/2020 - 08:00
Drilling begins at Marina-1 in Block Z-38 of the Tumbes Basin.

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