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The latest oil and gas news from around the world.
Updated: 2 hours 11 min ago

Chesapeake Debt Deal Skirts Bankruptcy

Wed, 12/04/2019 - 08:00
Unfortunately, the move doesn't change the fundamental trajectory for the Oklahoma City-based shale producer.

Pirates Board Oil Supertanker, Kidnap 19 Crew Members

Wed, 12/04/2019 - 08:00
Pirates boarded a fully loaded supertanker off the coast of Nigeria, and nineteen crew were kidnapped and remain missing.

Shell and Energy Transfer Seek More Bids for Louisiana Project

Wed, 12/04/2019 - 08:00
The Lake Charles LNG project would convert Energy Transfer's existing import and regasification terminal into an LNG export facility.

Shell Victorious in Banning Activists From North Sea Oil Platforms

Wed, 12/04/2019 - 08:00
Royal Dutch Shell Plc won a court ruling preventing environmental protesters from boarding unmanned oil installations in the North Sea.

Aramco Considers Pricing at Top

Wed, 12/04/2019 - 08:00
Saudi Aramco is considering pricing its initial public offering at the top end of a marketed range, people with knowledge of the matter said.

EnQuest Gets Offshore Malaysia PSC

Wed, 12/04/2019 - 08:00
EnQuest has been awarded the Block PM409 Production Sharing Contract by Petronas.

OPEC+ Sends Mixed Signals About Deeper Cuts

Wed, 12/04/2019 - 08:00
OPEC and its allies sent mixed signals about whether they were considering deeper production cuts.

Rystad Sees 3 OPEC+ Decision Scenarios

Wed, 12/04/2019 - 08:00
Rystad Energy outlined Tuesday that it sees three alternative OPEC+ decision scenarios.

Oil Up Despite Trade-Deal Bearishness

Wed, 12/04/2019 - 08:00
Oil defied trade-deal bearishness to rise for a third day after an industry report pointed to shrinking U.S. crude stockpiles.

Despite Challenges, Recruiters Optimistic for 2020

Wed, 12/04/2019 - 08:00
US oil and gas recruiters reflect on shale's uncertain path in 2019 and share their thoughts on future hiring in the oil patch.

Oil Prices Muted but Gas Surges

Tue, 12/03/2019 - 08:00
WTI and Brent crude oil moved modestly in opposite directions Tuesday.

Tallgrass Names New President

Tue, 12/03/2019 - 08:00
Sheehy's previous tenure at Tallgrass extended from 2012 to early 2018.

Halliburton Shutters Oklahoma Office, Cuts 800 Jobs

Tue, 12/03/2019 - 08:00
The Houston-based oilfield services giant will be closing its office in El Reno, Oklahoma and laying off more than 800 employees.

23-Well Offshore Senegal Plan Nears Final Decision

Tue, 12/03/2019 - 08:00
The initial Sangomar Field Development phase could achieve first oil in early 2023.

Oil Sands Giants Restrain Spending

Tue, 12/03/2019 - 08:00
Capital spending in Canada's oil-sands reserves look set to continue to dwindle.

OPEC+ Set to Debate Oil Cut Cheating

Tue, 12/03/2019 - 08:00
OPEC+ is poised for a debate about lax implementation of oil-production cuts in Vienna this week.

Repsol Sets Net Zero Goal

Tue, 12/03/2019 - 08:00
Repsol revealed Monday that it aims to be a net zero emissions company by 2050.

New US Energy Secretary Confirmed

Tue, 12/03/2019 - 08:00
Dan Brouillette has been confirmed to be the new U.S. Energy Secretary by the U.S. Senate.

Oil Up as OPEC Output Slips

Tue, 12/03/2019 - 08:00
Oil extended gains as OPEC's crude output dropped before the group and its allies meet this week.

New Subsea Era Could Begin with Power Tech

Tue, 12/03/2019 - 08:00
This rendering shows the layout of a subsea substation. IMAGE SOURCE: ABB

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