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Updated: 2 hours 7 min ago

Tunisia's Big Gas Field About to Start Pumping

Tue, 11/12/2019 - 08:00
Tunisia's biggest energy project -- a long-delayed, $1.2B joint venture with Vienna-based OMV AG -- will start producing natural gas by the end of the year.

Bolivia Crisis Thwarts Shell Gas Exploration

Tue, 11/12/2019 - 08:00
Natural gas exploration by global oil companies in Bolivia has stopped amid an escalating political crisis that has left the Andean nation rudderless.

Former Chevron CEO Gets Highest API Honor

Tue, 11/12/2019 - 08:00
The American Petroleum Institute has awarded its highest honor to John S. Watson.

2019 Marks Nadir of Oil Demand Growth

Tue, 11/12/2019 - 08:00
This year will mark the nadir of oil demand growth over the next five years, according to a new report from Fitch Solutions Macro Research.

Pemex Workers Barred from Computers

Tue, 11/12/2019 - 08:00
Some Pemex employees were told not to access the company's computer system on Monday after it was unexpectedly shut down over the weekend, according to people familiar with the situation.

OPEC+ Risks Oil Slump Below $50

Tue, 11/12/2019 - 08:00
With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices.

Offshore OFS Could Get Major Boost in SE Asia

Mon, 11/11/2019 - 08:00
Offshore project sanctions in Southeast Asia could lift greenfield investments in the oilfield services market by nearly 70 percent in 2020, according to Rystad Energy.

Oil Prices Falter and Gas Futures Tumble

Mon, 11/11/2019 - 08:00
WTI and Brent crude oil futures edged downward Monday.

Mexico Votes in New CNH President

Mon, 11/11/2019 - 08:00
Rogelio Hernandez Cazares has been voted in as the new president of the National Hydrocarbons Commission.

Argentina's Shale Trove Risks Staying Buried

Mon, 11/11/2019 - 08:00
Drillers in Argentina are scared that interventionist economic policies will foil the world's next big shale hope.

IMO 2020 Fix Could Raise Corrosion Risk

Mon, 11/11/2019 - 08:00
Biodiesel blends can foster microbiological growth, leading to safety concerns.

Oxy to Sell Permian Campus After Anadarko Acquisition

Mon, 11/11/2019 - 08:00
Occidental plans to sell a four-story office building in the heart of the Permian Basin and move employees into a nearby one owned by Anadarko.

Saipem Makes Global Onshore Deal with Daewoo

Mon, 11/11/2019 - 08:00
Saipem and Daewoo E&C will cooperate on targeted onshore projects worldwide, particularly in LNG.

EU Majors Take Stakes in Abu Dhabi Oil Bourse

Mon, 11/11/2019 - 08:00
BP, Shell and Total are among partners in a new exchange to trade Abu Dhabi's flagship oil grade in what could become a new price benchmark for a fifth of the world's crude.

Ithaca Completes $2B Chevron North Sea Deal

Mon, 11/11/2019 - 08:00
Ithaca Energy Limited announced Monday that it has completed its $2 billion acquisition of Chevron North Sea Limited.

Iran Finds New 53 Billion Barrel Field

Mon, 11/11/2019 - 08:00
Hassan Rouhani, the president of the Islamic Republic of Iran, revealed Sunday that Iran has discovered a new oil field with 53 billion barrels of reserves.

Oil Down on Mixed Trade-War Signals

Mon, 11/11/2019 - 08:00
Oil retreated from a 7-week high as investors weighed mixed signals on the progress of U.S.-China trade talks.

Oil Bulls Make Shy Comeback

Mon, 11/11/2019 - 08:00
Hedge funds are showing cautious optimism that oil has room to rally.

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