Subscribe to Oil News Feed - Home Page feed Oil News Feed - Home Page
The latest oil and gas news from around the world.
Updated: 2 hours 9 min ago

Kosmos Completes US GOM Resolution Well

Tue, 11/26/2019 - 08:00
Kosmos Energy announced Tuesday that it has completed drilling the Resolution exploration well in the U.S. Gulf of Mexico.

Top Upstream Companies in Predictive Maintenance

Tue, 11/26/2019 - 08:00
GlobalData has identified the 'leading' upstream companies that are adopting predictive maintenance technologies in the oil and gas industry.

Oil Holds Gain on Trade Deal and Stockpile Signs

Tue, 11/26/2019 - 08:00
Oil held gains on signs a limited U.S.-China trade agreement is within reach and after analysts forecast the first drop in American crude inventories in five weeks.

What Does 'No Deal Brexit' Mean for UK Oil, Gas?

Tue, 11/26/2019 - 08:00
A no deal Brexit will have a largely limited impact on the fundamentals of the UK oil and gas sector, according to Fitch Solutions.

Oil Prices Edge Upward

Mon, 11/25/2019 - 08:00
WTI and Brent crude oil posted modest gains during the first trading day of the week.

Gunvor to Market LNG Produced at $4B US Export Project

Mon, 11/25/2019 - 08:00
Gunvor agreed to double the maximum amount of LNG it plans to buy from a $4 billion export project in Louisiana and said it will recruit additional customers for the terminal.

Seaway Sets Open Season for Expansion

Mon, 11/25/2019 - 08:00
New capacity could become available in 2020.

Seadrill-Operated Rig Claims Low Emission Milestone

Mon, 11/25/2019 - 08:00
Pictured is North Drilling's Seadrill-operated West Mira semisub. PHOTO SOURCE: Wintershall Dea

Tallgrass Energy Names New CEO after Dehaemers Retires

Mon, 11/25/2019 - 08:00
U.S. pipeline operator Tallgrass Energy, LP has named William (Bill) Moler as its new CEO after David Dehaemers Jr. announced his retirement.

Ex-Petrobras Trader Tells Judge Vitol Bribed Him

Mon, 11/25/2019 - 08:00
A former Petrobras oil trader told a Brazilian judge he received bribes from Vitol Group to favor the firm in contracts with the crude producer, court documents show.

Icahn to Seek Control of Oxy Board

Mon, 11/25/2019 - 08:00
Carl Icahn plans to nominate a slate of 10 directors in an attempt to seize control of the board of U.S. oil and gas producer Occidental Petroleum Corp., according to people familiar with the matter.

Shearwater Gets Shell Black Sea Seismic Contract

Mon, 11/25/2019 - 08:00
Shearwater GeoServices Holding AS has been awarded a Black Sea 3D seismic acquisition contract by Royal Dutch Shell plc.

SPO Crew Kidnapped Offshore Equatorial Guinea

Mon, 11/25/2019 - 08:00
The Pacific Warden Anchor Handling Tug Supply Vessel has been attacked offshore Equatorial Guinea.

Oil Edges Higher as Trade Talk Ping Pong Continues

Mon, 11/25/2019 - 08:00
Oil edged higher as optimism the U.S. and China are getting closer to a limited trade deal was tempered by investor fatigue over the long-running negotiations.

Natural Gas Emerging as the World's Go-To Fuel

Mon, 11/25/2019 - 08:00
The US shale revolution itself is at the heart of the global "dash to gas".

Oil Prices Show Tiny Gains After Volatile Week

Fri, 11/22/2019 - 08:00
WTI and Brent crude oil capped off a volatile week Friday with very modest day-on-day gains.

Global Warming Lawsuit Against Oil Industry Heads to Appeals Court

Fri, 11/22/2019 - 08:00
New York City urged a U.S. appeals court to reinstate a lawsuit against five of the world’s biggest oil companies.

US Drops Three Oil Rigs

Fri, 11/22/2019 - 08:00
U.S. drillers dropped three oil rigs this week, while the gas rig count remained flat, according to data from Baker Hughes Company.

US Frac Sand Supplier Cuts 10% of Workforce

Fri, 11/22/2019 - 08:00
Frac sand supplier U.S. Silica Holdings, Inc. has cut 230 employees as it grapples with the current challenges in its energy markets.

US Gulf Set for Record 2020 With Oil Production

Fri, 11/22/2019 - 08:00
The U.S. Gulf of Mexico is positioned for another year of record oil production in 2020, according to Rystad Energy.

Pages