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Mercuria Introduces Blockchain To Oil Trade With ING, Socgen
Thursday, January 19, 2017 Trading house Mercuria is working with banks ING and Societe Generale on the first large oil trade based on blockchain technology, as the tradition-bound oil industry tests out digital technology.

Saudi Aramco Chief Promises Oil Tax Cut to Lure Investors to IPO
Tuesday, January 17, 2017 Saudi Arabia has promised it will reduce the overall tax rate paid by its national oil company to make its 2018 initial public offering.

Kremlin Says VTB Financing Rosneft Deal Not On Its Agenda
Tuesday, January 17, 2017 Russian state bank VTB financing the privatisation of Rosneft last year is a commercial issue which is not on the Kremlin's agenda, Kremlin spokesman Dmitry Peskov says.

Oil Prices Might Eventually Feed Into Core Inflation, ECB's Nowotny Says
Tuesday, January 17, 2017 Core inflation in the euro zone has not increased significantly but a rise in energy prices might eventually drag it upwards, European Central Bank Governing Council member Ewald Nowotny says.

EU Energy Watchdog: Serbia Should Rework Gas Deal With Gazprom
Monday, January 16, 2017 Serbia should renegotiate its long-term gas supply deal with Russia's Gazprom, a body in charge of extending the EU's energy policy says.


Kemp: Oil Prices Stall as Hedge Funds Stop Adding to Longs
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.

IMF Slashes Saudi Arabia Growth Forecast on Lower Oil Output
Monday, January 16, 2017 The IMF cuts its growth outlook for Saudi Arabia on lower oil production, underscoring the challenges facing the kingdom as it seeks to overhaul its economy.

Mexico's IEnova Will Invest $800M for Pipelines in 2017
Monday, January 16, 2017 Mexican energy infrastructure firm IEnova, a unit of US-based Sempra Energy, will invest $800 million this year on eight projects, CEO says.

Russia's Lukoil CEO, His Deputy Sell Shares Worth $16.4 MM
Friday, January 13, 2017 Lukoil's CEO Vagit Alekperov and his deputy Leonid Fedun sell Lukoil shares worth $16.375 million in total.

Oil Currencies Uncoupled From Crude Swings Likely to Renew Link
Friday, January 13, 2017 Some breakups just aren't meant to last. That's what currency strategists are saying about the split between the price of oil and money.

Supply Chain Partnership Helping PEMEX Manage Payments
Thursday, January 12, 2017 PEMEX copes with declining oil prices by addressing its supply chain issues, an industry observer tells Rigzone.

Premier Oil Expects Weak Pound To Help Bottom Line
Thursday, January 12, 2017 Premier Oil expects to continue reaping benefits from weak sterling this year, as the depreciating currency has brought down the cost of investments in Britain at a time of low oil prices.

Brazil's Petrobras Breaks Drought In LatAm Market
Monday, January 09, 2017 Petrobras opened the Latin American primary markets with the region's first cross-border bond sale of the year.

C&J Energy Emerges From Bankruptcy With $220M Liquidity
Monday, January 09, 2017 C&J Energy Services is latest of oil and gas companies to complete financial restructuring brought on by the industry downturn.


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