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The latest oil and gas news from around the world.
Updated: 2 hours 14 min ago

Fluor and Kiewit to Build Unit at New Canada Facility

Thu, 01/09/2020 - 08:00
The partners won an EPC contract from Canada Kuwait Petrochemical Corp.

Shell Seeks Bigger Share of Mexico's Fuel Market

Thu, 01/09/2020 - 08:00
Royal Dutch Shell Plc is seeking a bigger share of Mexico's fuel market, even as regulatory changes make it harder for foreign companies to compete.

Offshore Senegal Project Advances

Thu, 01/09/2020 - 08:00
The 23-well Sangomar Field Development offshore Senegal just moved one step closer to getting underway.

Apache to Close San Antonio Office, Cut Hundreds of Jobs

Thu, 01/09/2020 - 08:00
Apache Corp. is shuttering its San Antonio office, resulting in the layoffs of hundreds of employees.

TechnipFMC Wins Greece Refinery Project

Thu, 01/09/2020 - 08:00
Motor Oil Hellas has awarded TechnipFMC an engineering, procurement and construction management contract to construct a new naphtha complex.

The US Still Needs Some Middle East Oil

Thu, 01/09/2020 - 08:00
President Donald Trump said during an address from the White House Wednesday that the U.S. no longer needs oil from the Middle East, but American refineries still use the kind of oil that region produces.

Ocean Installer Appoints New CEO

Thu, 01/09/2020 - 08:00
Ocean Installer has announced the appointment of Odd Stromsnes as the company's new CEO.

Permian Oil and Gas Employs 87,000 People in 2019

Thu, 01/09/2020 - 08:00
Direct oil and natural gas employment in the Permian basin totaled 87,603 people in 2019, according to a new report from TIPRO.

Prized Crude Offered Near $100 on New Ship Rules

Thu, 01/09/2020 - 08:00
Just shy of $100 a barrel - that's the asking price for a type of crude that's become prized thanks to the scramble for cleaner-burning fuels.

Oil at Pre-Attack Levels Amid Supply Risk Appraisal

Thu, 01/09/2020 - 08:00
Oil steadied as investors weighed the risk of further escalation in the conflict between the U.S. and Iran that has so far spared production and exports from the Middle East.

Oil Workers Wanted with More Tech, Less Roughneck

Thu, 01/09/2020 - 08:00
Oil companies are recruiting a different type of worker and in larger numbers.

Oil Sinks Below $60 After Trump Downplays Iran Attacks

Wed, 01/08/2020 - 08:00
Oil sank the most in three months, erasing a rally that followed the U.S. killing of a top Iranian general.

Trump Backs Away From Conflict With Iran

Wed, 01/08/2020 - 08:00
U.S. President Donald Trump backed away from the precipice of war with Iran after the Islamic Republic attacked U.S. bases in Iraq.

Texas Ethylene Terminal Loads First Cargo

Wed, 01/08/2020 - 08:00
The first ethylene cargo from Enterprise Products Partners L.P. and Navigator Holdings Ltd.'s new marine terminal near Houston has set sail.

Exxon, Outrigger Ink Midstream Deal to Serve Bakken

Wed, 01/08/2020 - 08:00
Exxon subsidiary XTO Energy has entered into a long-term gas gathering and processing agreement with Outrigger Energy under which Outrigger will build a cryogenic processing plant and gathering system in the Williston Basin.

Transocean Contract Backlog Grows by $353MM

Wed, 01/08/2020 - 08:00
New contracts make up two-thirds of additional backlog since October.

Russia Opens Gas Link to Europe Amid US Opposition

Wed, 01/08/2020 - 08:00
Russia officially opened its TurkStream natural gas pipeline on Wednesday, further diversifying export routes to Europe amid a backlash from the U.S.

$20B Fund Keeps Equinor Blacklisted

Wed, 01/08/2020 - 08:00
Equinor just unveiled its most ambitious climate plan yet, but it isn't enough to get Norway's biggest oil company off the exclusion list of a major Danish pension fund.

Oil Shippers Raise Offers for Middle East Route

Wed, 01/08/2020 - 08:00
Owners of oil tankers are boosting their rates to haul crude on a key route from the Middle East as risks in the Gulf escalate.

OGA Makes 3 New Leadership Appointments

Wed, 01/08/2020 - 08:00
The UK's Oil and Gas Authority has made a trio of new leadership appointments.

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