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Updated: 2 hours 15 min ago

Oil Hits $70+ After Iran Attacks US-Iraqi Bases

Wed, 01/08/2020 - 08:00
Oil prices jumped back above $70 a barrel after Iran attacked two U.S.-Iraqi bases in its first response to the killing of its top general.

Hormuz Oil Flow Disruption Efforts Very Likely

Wed, 01/08/2020 - 08:00
Continued efforts to disrupt the flow of oil through the Strait of Hormuz are very likely, according to Verisk Maplecroft.

Offshore Contractors Primed For a Busy 2020

Wed, 01/08/2020 - 08:00
Some industry insiders have doubts about whether there is sufficient contractor capacity to deal with the expected volume of business.

Oil Prices Decline Despite US-Iran Rhetoric

Tue, 01/07/2020 - 08:00
WTI and Brent prices finished lower Tuesday.

Port Arthur LNG Progresses with Aramco Deal

Tue, 01/07/2020 - 08:00
Aramco Services Co. has signed an IPPA with Sempra LNG for the Port Arthur LNG project in Jefferson County, Texas.

Noble Midstream Names New President and COO

Tue, 01/07/2020 - 08:00
Noble Midstream Partners LP has appointed Robin Fielder as president and COO of Noble Midstream and senior vice president, midstream, of Noble Energy, Inc.

Gulf of Mexico Hits Record Daily Production

Tue, 01/07/2020 - 08:00
The U.S. Gulf of Mexico made history in August as it exceeded oil production of 2MMbopd, according to the U.S. Bureau of Safety and Environmental Enforcement.

Apache and Total Hit Oil Pay Offshore Suriname

Tue, 01/07/2020 - 08:00
Apache and Total on Tuesday reported a significant oil discovery on Block 58 offshore Suriname – and adjacent to Guyana's Stabroek Block.

Chevron Pulls Workers Out of KRI

Tue, 01/07/2020 - 08:00
Chevron's expatriate employees and contractors have left the Kurdistan Region of Iraq for the time being as a precautionary measure.

Mexico Plan to Divert Gas Pipeline Reignites Concerns

Tue, 01/07/2020 - 08:00
Mexico's move to divert a TC Energy Corp. gas pipeline from indigenous lands is reigniting concerns over the future of energy projects in the country.

Oil Buyers Fear Iraqi Supply Hit

Tue, 01/07/2020 - 08:00
Oil buyers in Asia are increasingly wary that Iraq's entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their key Middle East suppliers.

Oil Lobby Takes on Democrat Climate Plans

Tue, 01/07/2020 - 08:00
The oil industry's top lobbying group on Tuesday is launching a campaign to counter attacks from 2020 Democratic hopefuls vowing to phase out fossil fuels.

BP and Premier Oil in $625MM North Sea Deal

Tue, 01/07/2020 - 08:00
BP has agreed terms to sell its interests in the Andrew area, and its non-operating interest in the Shearwater field, to Premier Oil for $625 million.

War Least Desirable Outcome for US and Iran

Tue, 01/07/2020 - 08:00
Fitch Solutions believes full scale war is the least desirable outcome for both the United States and Iran.

Oil Down on Uninterrupted Mideast Supplies

Tue, 01/07/2020 - 08:00
Oil retreated after its dramatic start to the year as the uninterrupted flow of Middle East supplies tempered fears over the fallout from the U.S. airstrike that killed a top Iranian general.

This Isn't Your Father's Oil and Gas Rig Count

Tue, 01/07/2020 - 08:00
The industry's advance beyond the rig count indicating production growth has complicated things for forecasters.

Oil Prices Finish Higher Amid Ongoing US-Iran Tensions

Mon, 01/06/2020 - 08:00
WTI and Brent finished higher again Monday.

Energy Transfer Lays Off 108 Oklahoma Workers

Mon, 01/06/2020 - 08:00
Energy Transfer LP has laid off 108 employees at its Tulsa, Oklahoma office, according to a notice sent to the Oklahoma Office of Workforce Development.

ExxonMobil Rolling Out Amazon Assistant at Pump

Mon, 01/06/2020 - 08:00
The new payment option will be initially be available only in the U.S. PHOTO SOURCE: Amazon

Oxy to Cut $7.8B Debt With Pipeline Split

Mon, 01/06/2020 - 08:00
Occidental plans to make the pipeline business it acquired as part of last year's takeover of Anadarko a stand-alone company, removing about $7.8 billion of debt from its balance sheet.

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