Monday, January 16, 2017 Iran's oil minister said that he was confident the OPEC and non-OPEC members would commit to the output cut deal agreed in November, noting that prices of oil would rise further as a result.
Thursday, January 12, 2017 Independent oil and gas firm Faroe Petroleum announces the commencement of the Bone exploration well 7318/12-1, which is located in the western part of the Norwegian Barents Sea.
Monday, January 16, 2017 Inpex Corporation agrees with the Abu Dhabi National Oil Company (ADNOC) to extend the duration of the joint development of the Satah and Umm Al Dalkh oil fields offshore Abu Dhabi in the United Arab Emirates.
Monday, January 16, 2017 Hedge fund bullishness toward the price of crude oil appears to have peaked for the time being, with fund managers booking some profits after the strong rally in the final seven weeks of 2016.
Monday, January 16, 2017 Britain's credit export agency, UK Export Finance (UKEF), signs its first direct loan deal in Africa, providing $310 million to GE Oil & Gas to supply equipment for an oil and gas project in Ghana.
Monday, January 16, 2017 Scottish National Party MSP for Caithness, Sutherland and Ross, Gail Ross, has called on the UK government's Maritime and Coastguard Agency to block proposals for ship-to-ship oil transfers in the Moray Firth.
Friday, January 13, 2017 Oilfield services company Fugro has been awarded a 5-year contract from INPEX Operations Australia Pty Ltd for subsea services to be executed across the Ichthys facilities in the Timor Sea.
Thursday, December 29, 2016 US President-elect Donald Trump's choice for Secretary of State, Exxon CEO Rex Tillerson, will have to explain his relationship with Russian leader Vladimir Putin, says Republican senator John McCain.
Wednesday, December 28, 2016 Igor Yusufov - Russian Energy Minister during Putin's first term - on oil production quotas, Russian caution and what retired ExxonMobil Chief Rex Tillerson can do for foreign relations.