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InterOil Gets Unsolicited Takeover Offer from Unnamed Bidder
Thursday, June 30, 2016 InterOil, which agreed last month to be acquired by Australia's Oil Search, says it received an unsolicited offer from an unnamed bidder, with whom it would engage in further talks.

Kemp: Brexit No More Than a Bump on the Road to Oil Rebalancing
Thursday, June 30, 2016 Rebalancing the oil market could take slightly longer as a result of the upsurge in uncertainty following Britain's vote to leave the EU, but most traders seem to think it will not slow the process by more than three to six months.

TEN To Start Production in Next 3-6 Weeks, Tullow 'Out of the Woods'
Thursday, June 30, 2016 The Tullow Oil plc operated Tweneboa Enyenra Ntomme (TEN) field, located offshore Ghana, is expected to start production in the next few weeks.

Triangle USA Petroleum, Oil and Gas Explorer, Files Bankruptcy
Thursday, June 30, 2016 Triangle USA Petroleum, an oil and gas explorer working one of the largest shale oil reservoirs in North America, files for bankruptcy with a plan to restructure that will keep its parent company out of Chapter 11.

Russell: China's Robust Crude Oil Imports Mask Changing Fuel Dynamics
Wednesday, June 29, 2016 China is a bigger concern for crude oil and products markets than the current worries about the British vote to leave the European Union.

Alberta Budget Finishes 2015-16 with Wider-than-forecast $4.9B Gap
Wednesday, June 29, 2016 The Canadian crude-producing province of Alberta says it finished the 2015-16 fiscal year with a $4.93 billion (C$6.4 billion) deficit, C$324 million wider than forecast in October, as revenue fell.

Maersk Oil To Focus On North Sea, Kenya After Qatar Contract Loss
Tuesday, June 28, 2016 Maersk Oil will focus on building on its operations in the North Sea and in Kenya, after it lost the contract to operate Qatar's largest offshore oilfield.

Study: Mid-Market Oil, Gas Companies Face Long Road to Recovery
Tuesday, June 28, 2016 Mid-market oil and gas companies will take time to recover from the recent downturn in oil and gas prices, a recent BDO study finds.

Poland's PGNiG Sets Up London Trading Office Despite Brexit
Tuesday, June 28, 2016 Poland's top gas firm PGNiG will set up an office in London to buy liquefied natural gas, despite Britain voting to leave the European Union.

Oil Bulls Face Specter of Market Turmoil on Brexit Aftershocks
Monday, June 27, 2016 Oil bulls could end up road kill following the Brexit ballot.

Russia's Novak May Miss Meeting With Saudi's Falih At G20
Monday, June 27, 2016 Russian Energy Minister Alexander Novak may miss the G20 energy ministers meeting in China, scheduled for June 28-30.

Brexit Will Make 'Little Difference' to Crude Oil Markets
Monday, June 27, 2016 The UK's decision to leave the European Union will make "little difference" to the crude oil markets, according to a brief research note from FirstEnergy.

Algeria Oil And Gas Output On The Rise
Sunday, June 26, 2016 Algeria's oil and gas output is moving back to growth after years of stagnation.

Technip Says London Still Natural HQ of TechnipFMC Despite Brexit Vote
Friday, June 24, 2016 French oil services company Technip says there was no reason for Britain's exit from the European Union to impact its merger with FMC Technologies, including plans for London to be the legal headquarters of the new group.

Technip Says London Still Natural HQ Of TechnipFMC Despite Brexit Vote
Friday, June 24, 2016 French oil services company Technip says there is no reason for Britain's exit from the EU to impact its merger with FMC Technologies, including plans for London to be the legal HQ of the new group.

BP Says To Keep UK Headquarters Despite British EU Exit Vote
Friday, June 24, 2016 Oil major BP says its headquarters will remain in the United Kingdom, despite Britain voting to leave the European Union.

BP Says to Keep UK Headquarters Despite British EU Exit Vote
Friday, June 24, 2016 Oil major BP says its headquarters will remain in the United Kingdom, despite Britain voting to leave the European Union.

Russia To Lower Oil Exports From Black Sea Port Of Novorossiisk In July
Friday, June 24, 2016 Russia is set to lower oil exports from the Black Sea port of Novorossiisk in July to 2.35 million tons from 2.7 million tons in June.

Russia Expects Short-Term Oil Market Volatility After Brexit
Friday, June 24, 2016 Russian Energy Ministry expects oil price volatility to increase in the short term after Britain's vote in favor of leaving the European Union.

Brexit: Adverse Impact for UK's Oil, Gas Industry Unlikely
Friday, June 24, 2016 The UK voting to leave the EU is unlikely to have a major adverse impact on its oil and gas sector, but the industry calls on clear leadership from the country's government to minimise uncertainty.

Oil Patch 'Left for Dead' Will Spark New IPOs for US Explorers
Thursday, June 23, 2016 As the oil industry emerges from the biggest bust in three decades, shale drillers in a neglected corner of the biggest US oil field are poised to take a new generation of gushers public.

FirstEnergy Expects Crude Oil Price to Hit $70 in 2018
Thursday, June 23, 2016 Crude oil prices will rebound towards $70 per barrel in 2018, according to oil and gas analysts at FirstEnergy.

Maersk Chairman Says Company Could Be Split Up
Thursday, June 23, 2016 A. P. Moller-Maersk's chairman says the Danish shipping and oil conglomerate could be split up in several companies.

Maintenance At Malaysia-Vietnam Oilfield To Cut Aug Bunga Crude Exports
Thursday, June 23, 2016 A scheduled oilfield maintenance in the joint production area of Malaysia and Vietnam will reduce Bunga crude exports in August.

Canada Oil Output to Jump 28% by 2030, Transport An Issue
Thursday, June 23, 2016 Oil output from Canada's vast reserves is set to outpace infrastructure to bring that crude to market in coming years, the Canadian Association of Petroleum Producers (CAPP) says.

BP's Dudley Sees Oil Markets Balancing With $50 Crude This Year
Thursday, June 23, 2016 Rising petroleum demand in China, North America and Europe will help bring global oil markets into balance this year, BP CEO Bob Dudley said.

Lukoil Sees Pyakyakhinskoye Field Producing 1.5M Tons Of Oil In 2017
Thursday, June 23, 2016 Russia's oil major Lukoil will produce 1.5 million tons of oil at the Pyakyakhinskoye field in 2017.

Russian EconMin: Brexit Vote Won't Ruffle Rouble, Oil Price
Thursday, June 23, 2016 Russian Economy Minister Alexei Ulyukayev does not expect sharp changes in the rouble rate and oil prices if Britain leaves the European Union.

How Mobility Can Bring Operational Efficiencies to Oil, Gas Sector
Thursday, June 23, 2016 With crude oil prices currently in a slump, many companies are now looking to IT and emerging technologies such as mobile to help achieve their productivity.

Significant Gaps Between Men, Women on Corporate Boards
Wednesday, June 22, 2016 New data from Catalyst shows large disparity still exists between men and women on boards of directors.

Oil Bust Pushes Producers Together To Make Cost Cutting Count
Wednesday, June 22, 2016 The biggest oil-industry downturn in a generation has companies collaborating in ways they never thought possible.

EIA: US Adds Most Oil Storage Capacity in Sept-March Since 2011
Wednesday, June 22, 2016 The United States added 34 million barrels of crude oil storage capacity from September 2015 to March 2016, the largest expansion since the Energy Information Administration began tracking the data in 2011, the agency says.

Genel Confirms Receipt of Part-Payment for Tawke, Taq Taq Exports
Tuesday, June 21, 2016 Genel Energy confirms the receipt of part-payment from the Kurdistan Regional Government for oil exports from the Tawke and Taq Taq fields in the Kurdistan Region of Iraq.

Kemp: Global Oil Demand Shows No Sign of Peaking
Tuesday, June 21, 2016 'Peak oil demand' has become a fashionable concept among climate campaigners but the evidence suggests oil consumption is growing at the fastest rate for a decade and shows no sign of letting up.

Quarter of PE firms plan oil buyouts by end of year -survey
Tuesday, June 21, 2016 A quarter of private equity firms plan acquisitions in oil and gas by the end of the year, sensing an opportunity after low crude prices eroded the sector's profitability, according to an EY survey.

Rosneft Chief: Saudi Arabia, US and Russia Call Shots on Oil Markets
Tuesday, June 21, 2016 Igor Sechin, the head of Russia's top oil producer Rosneft, says that Saudi Arabia, the United States and Russia are the three main players on global oil markets, dismissing again OPEC's role as a regulator.

Nordic Private Equity Funds on Lookout for Oil Bargains
Tuesday, June 21, 2016 Nordic private equity funds are eyeing bargains in the Norwegian and North Sea where oil companies caught out by low prices are seeking to generate cash.

Shell Expects Continued Benefit from Capital Efficiency Strategy
Tuesday, June 21, 2016 Shell officials discuss strategy on how the company has boosted in capital efficiency for drilling.

Warburg Among Private Equity Sideswiped by Canada Gas
Tuesday, June 21, 2016 The first natural gas producers to go broke are being put up for sale in Canada during the worst start for prices in two decades.

One Way to Solve Fracking's Water Problem: Don't Use Water
Tuesday, June 21, 2016 The shale gas revolution brought the U.S. both energy-superpower status and a short list of headaches: engineering challenges, many wells have a disappointingly short productive lifetime, and those lifetimes can vary even within the same field.

Arab Gulf Crude Exports Rise Above 130 Million Barrels
Monday, June 20, 2016 Crude oil exports from the Arab Gulf rise above 130 million barrels in the week ending June 18, according to Thomson Reuters' Lead Oil Analyst for the Middle East and Africa, Giorgos Beleris.

Indonesia's Upstream Investment Appeal Fades
Monday, June 20, 2016 Indonesia's efforts to boost upstream petroleum investments to mitigate falling production have not made much headway in recent years, further entrenching its reliance on imports.

With Oil Price Near $50, Resilient US Shale Producers Eye New Chapter
Monday, June 20, 2016 Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency.

BP's Dudley Says Brexit Would Plunge World Into Uncertainty
Friday, June 17, 2016 A decision by the British people to quit the European Union in a forthcoming referendum would trigger a period of uncertainty for the world, BP Chief Executive Bob Dudley tells Bloomberg TV.

Norwegian Production Figures Decline M-O-M
Friday, June 17, 2016 Norway's total oil and gas production declines month-on-month, according to preliminary figures from the Norwegian Petroleum Directorate (NPD).

Deloitte: Debt, Shareholder Payouts May Take Priority Over CAPEX Spending
Thursday, June 16, 2016 A recovery in oil prices may not translate into more spending as companies face debt repayment and shareholder payout obligations.

Kremlin Investor Show Attracts Top Oil Players, but Few Deals
Thursday, June 16, 2016 Global oil company chiefs showed up in force to Russia's main investor show, but deals were slow to materialise as they blamed low crude prices for cutting their scope to invest.

Gran Tierra Receives 'Outperform' Rating After Revealing Exploration Plans
Wednesday, June 15, 2016 Gran Tierra Energy receives an "outperform" rating on its stock in a brief research note from FirstEnergy, following the energy firm's recently announced future exploration plans in Colombia.

Kurds Ready For New Oil Deal With Baghdad If They Get $1B A Month
Wednesday, June 15, 2016 Iraq's Kurds are ready to strike an agreement with the central government in Baghdad on a deal to increase oil exports, if it guarantees them a monthly revenue of $1 billion.

At $50/B, Oil Risks 'Reverse Goldilocks' Syndrome
Wednesday, June 15, 2016 Oil's battle to reclaim $50 a barrel may have left it in a sticky situation, where the price is too low to lure fresh investor bulls and too high to force more production offline.

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