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The latest oil and gas news from around the world.
Updated: 2 hours 6 min ago

Fracking Ban Would Cost Millions of Jobs

Thu, 02/20/2020 - 08:00
A fracking ban would cost millions of jobs, according to the American Petroleum Institute.

Oil Shrugs Off Virus to Eye $60

Thu, 02/20/2020 - 08:00
Oil extended gains to an eighth day on optimism that China will be able to soften the demand hit from the coronavirus.

Oil Sees Three-Week High on Venezuela and Libya Supply Risks

Wed, 02/19/2020 - 08:00
Geopolitical tensions are rising against the backdrop of the coronavirus outbreak, which has hurt global energy demand.

OPEC Confirms Meeting Date, Ends Saudi-Russia Scuffle

Wed, 02/19/2020 - 08:00
Plans for an emergency gathering have faded away.

Earnings Show Shale Players Competing for Dividend Growth

Wed, 02/19/2020 - 08:00
Independent explorers have been punished by investors for aggressive growth plans that favored skyrocketing production over returning cash to shareholders.

Ransomware Shuts Gas Compressor

Wed, 02/19/2020 - 08:00
A recent ransomware attack caused a U.S. natural gas compressor facility to shut for two days.

Ex-SLB Worker Appointed TWMA CEO

Wed, 02/19/2020 - 08:00
Drilling waste management company TWMA revealed Wednesday that it has appointed Halle Aslaksen as its new chief executive officer.

Oil Demand Growth to Quintuple Next Year

Wed, 02/19/2020 - 08:00
Global oil demand growth will drop to 0.44 million barrels per day this year but rebound to 2.34 MMbpd in 2021.

Eni Unit to Develop Plastic Waste Recycling Tech

Wed, 02/19/2020 - 08:00
Eni's Versalis subsidiary and the Italian engineering firm S.R.S. are developing a technology to chemically recycle plastic waste.

US Oil Export Story Has Really Just Started

Wed, 02/19/2020 - 08:00
All told, the US could become the largest crude oil exporter within five years.

Fluor to Build China ADN Plant

Wed, 02/19/2020 - 08:00
Products from the facility are used in automotive, industrial, apparel and consumer electronics applications.

Chevron Teams Up on Carbon Capture Investment

Wed, 02/19/2020 - 08:00
The investment will be used to deliver a pipeline of global projects to lower emissions from the oil and gas industry.

NGL Wins Permian Produced Water Contracts

Wed, 02/19/2020 - 08:00
NGL Energy Partners LP Tuesday reported that it has signed separate, long-term produced water transportation and disposal agreements with two large producer customers in the Delaware Basin.

CGG Exits Land Seismic Business

Wed, 02/19/2020 - 08:00
The company has embarked on a strategic transition.

OGUK Responds to Coronavirus

Wed, 02/19/2020 - 08:00
Industry body Oil & Gas UK has issued a comment on the coronavirus, following concerns regarding the new virus in the UK.

Supply Risks Push Crude Back Toward $60

Wed, 02/19/2020 - 08:00
Oil jumped back above $58 a barrel and was set for the longest run of gains in more than a year.

Oil Flat After Rosneft Sanctions Offset Demand Fears

Tue, 02/18/2020 - 08:00
Sanctions on Russia's largest producer eased losses driven by lingering concerns that coronavirus will cut demand.

US Slaps Rosneft With Sanctions for Venezuelan Oil-Trade Ties

Tue, 02/18/2020 - 08:00
The move represents the latest escalation in the Trump administration's campaign to oust Nicolas Maduro.

Trudeau Asks for Patience Amid Disruptive Rail Blockades

Tue, 02/18/2020 - 08:00
Indigenous-rights protests that have brought rail traffic to a halt across Canada drag on.

TGS Appoints New CFO

Tue, 02/18/2020 - 08:00
TGS has appointed Fredrik Amundsen as its new chief financial officer.

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