Industry Headlines News for Austral-Asia


Results 50 articles shown

Oil Edges Up As China,US Set Trade Talks But Markets Wary Of Slowing Demand
Thursday, August 16, 2018 Oil prices on Thursday clawed back some of the previous day's losses.

BLOG: The Job of Keeping Offshore Workers Well-Fed Never Ends
Thursday, August 16, 2018 Find out what goes into keeping an offshore facility's galley operating 24/7.

Crude Oil Settles Near Intraday High
Thursday, August 16, 2018 The September WTI oil futures prices ended Thursday's session six cents shy of the intraday high.

Billionaires Throw Weight Behind Oil Rally
Wednesday, August 15, 2018 The recovery in the oil industry is attracting some of the most recognized billionaires in money management.

Analysts: Oil Price Rise to Drive Up Drilling Globally
Wednesday, August 15, 2018 The rise in oil prices will continue to drive up drilling activity globally over the second half of the year and 2019, according to oil and gas analysts at Fitch Solutions Macro Research.

Exec: Upstream Culture Looking More Downstream
Wednesday, August 15, 2018 Pressure to drive down breakeven cost contributes to upstream culture shift.

Global Upstream Project Delivery 'Finally Hitting the Mark'
Tuesday, August 14, 2018 Global upstream project delivery is 'finally hitting the mark', according to Wood Mackenzie.

After Billions in Blowouts, Mega Oil and Gas Projects Are Back
Tuesday, August 14, 2018 Investors are about to find out whether the world's largest oil companies have learned their lesson from $80B of cost blowouts in major projects during the era of $100 crude.

Hardcore Hedge Fund Bulls Say Iran Sanctions May See Oil At $150
Tuesday, August 14, 2018 Some of the world's most prominent energy investors are convinced the price will return to record highs.

Dollar, Lira and Kingpin Weigh on Tuesday's Trading
Tuesday, August 14, 2018 A stronger US Dollar and a weakening Turkish lira factored into the oil market's performance on Tuesday.

U.S.-Iran Sanctions Give China Lead in Globe's Top Gas Field
Monday, August 13, 2018 CNPC is expected to take the lead on a $5 billion project to develop Iran's share of the world's biggest gas deposit.

Oil Drops on Strong Dollar, Turbulence in Turkey
Monday, August 13, 2018 Oil drops as economic turbulence in Turkey and the strengthening greenback heightens concerns about global oil demand.

Oil Up On Iran Sanctions But Set For Weekly Decline
Friday, August 10, 2018 Crude oil prices rose more than 1% as US sanctions against Iran looked set to tighten supply.

After Wednesday's Wild Ride, Crude Oil Stabilizes
Thursday, August 09, 2018 A day after hitting a nearly seven-week nadir, crude oil futures regained traction on Thursday but still ended the day lower.

OPEC Plus or OPEC Minus?
Wednesday, August 08, 2018 Since late 2016, the Organization of Petroleum Exporting Countries and other nations, including Russia, Kazakhstan and Mexico, have managed the oil market, giving birth to a group popularly known as OPEC+.

WoodMac Sees 'Loosening' of Oil Market Towards Year-End
Tuesday, August 07, 2018 Wood Mackenzie sees a 'loosening' of the oil market towards the end of the year, Sushant Gupta, a director at the research and consultancy business, reveals in an interview with CNBC on Tuesday.

Iran's Oil-Market Realities: How Buyers Are Positioning for Sanctions
Monday, August 06, 2018 In 3 months' time, U.S. sanctions on Iran are due to enter into force that could drive the Persian Gulf nation's exports down toward zero and upend the global oil market.

3D Printers Poised to Shrink Distance Between Wellsite, Spare Parts
Monday, August 06, 2018 AdditiveNow is developing printing technology to make additive manufacturing more practical and affordable for oil and gas operations.

Saudi Arabia Crude Flows to U.S. Surge While Venezuela Output Declines
Monday, August 06, 2018 The world's largest oil exporter loaded 1 million barrels a day onto tankers bound for the U.S. in July. That's a 36 percent jump from June and the single biggest monthly flow to the U.S. since April 2017.

Stena Getting Offshore Rigs Back to Work with Simulators
Monday, August 06, 2018 The Stena Don semi-submersible. SOURCE: Stena Drilling

How to be a Good Manager in Oil, Gas
Friday, August 03, 2018 Rigzone talks to several oil and gas experts to find out what makes a good manager in the industry.

China Rejects U.S. Request to Cut Iranian Oil Imports
Friday, August 03, 2018 The U.S. has been unable to persuade China to cut Iranian oil imports, according to 2 officials familiar with the negotiations.

Timing Differences Impact Oil Price Psychology
Thursday, August 02, 2018 Oil prices are sensitive to changes in the outlook for market balance.

Crude Oil Rallies on Reported Cushing Drawdown
Thursday, August 02, 2018 'The news event was storage at Cushing,' Bob Yawger, director of the Futures Division with Mizhuo Americas, told Rigzone.

Big Oil's Winners and Losers Emerge
Wednesday, August 01, 2018 Crude prices rose to 3-year highs, operating costs were down and profit was growing by double or triple digits, but investors still found plenty to complain about in Big Oil's 2Q earnings.

Oil Falls 2% On Rising Supply, Concern About Trade Tensions
Wednesday, August 01, 2018 Oil prices fell about 2% as a surprise increase in US crude stockpiles fed concerns about global oversupply.

BP Confidently Pursues Growth
Tuesday, July 31, 2018 BP plc churned out more profit than expected in the second quarter.

Report Outlines Global Oil Demand, Production, Reserves Figures
Tuesday, July 31, 2018 Global oil demand grew by 1.7% in 2017, according to a new report released by Eni.

Which Soft Skills Are Most Important for Oil, Gas Professionals?
Tuesday, July 31, 2018 Oil, gas recruiters highlight the most important soft skills for the sector.

WTI Cracks $70 but Falters
Tuesday, July 31, 2018 Analyst contends oil markets 'are just correcting a bit.'

Oil Rises On Tight Supply Outlook
Monday, July 30, 2018 Oil prices rose, with US crude futures jumping more than 2%.

Global Discovered Resources Increase by 30%, Led by Guyana
Friday, July 27, 2018 Rystad Energy believes this sets the stage for an exciting recovery.

Oil Prices Fall With Stock Market; Brent Marks Weekly Gain
Friday, July 27, 2018 Oil prices fell, weighed down by a drop in the US equities market.

Results Roundup: Shell Launches $25B Share Buyback Program
Thursday, July 26, 2018 Total, Repsol and Shell report their latest financial results.

Crude Gets Lift from VLCC, Drone Attack Reports
Thursday, July 26, 2018 A pair of actions, one actual and another suspect, by Yemeni rebels helped to lift crude oil benchmark prices.

Majors 'On Pace' to Approve $37B+ in Projects During Calendar Year
Wednesday, July 25, 2018 Oil majors are 'on pace' to approve over $37 billion in projects during the calendar year, according to Rystad Energy.

Oil Gains As US Crude Stocks Fall To Lowest Since Feb. 2015
Wednesday, July 25, 2018 Oil prices rose for the second consecutive day after US government data showed domestic crude inventories fell to their lowest since February 2015.

Big Oil Is Raking in Cash, Investors Asking: Now What?
Tuesday, July 24, 2018 The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.

Oil Rises As Fears Of Oversupply Ebb
Tuesday, July 24, 2018 Oil prices rose as the market shifted focus to the possibility of increased Chinese demand.

Crude Pulls Back As Focus Returns To Oversupply
Monday, July 23, 2018 Oil prices edged lower as the focus turned to oversupply worries, moving away from escalating tensions between the US and Iran.

After Pumping More Oil for Trump, Saudis Doubt if it's Needed
Friday, July 20, 2018 Under pressure from U.S. President Donald Trump, Saudi Arabia has rushed to boost oil production, only to discover that global markets might not yet need it.

Report: Fewer M&A Deals in 1H 2018, but Higher Value
Friday, July 20, 2018 Though the number of deals in the Energy, Mining and Utilities sector were fewer in the first half of the year, overall deal value trickled up.

Oil Strengthens As Dollar Slips To Four-Day Low
Friday, July 20, 2018 Oil prices rose as a weakening dollar and lower expected August crude exports from Saudi Arabia supported the market.

OPEC Seeking Legal Strategy as U.S. Continues to Push Anti-Cartel Bill
Thursday, July 19, 2018 OPEC is consulting with lawyers to prepare a strategy to defend against proposed U.S. legislation that could open the cartel up to antitrust lawsuits, according to people familiar with the matter.

Diversified Independents Trading at Premium to Pure Play Tight Oil Players
Thursday, July 19, 2018 For the first time, a group of diversified independents tracked by Wood Mackenzie is trading at a premium to a group of pure-play US tight oil players monitored by the company.

BLOG: Industry Debates I'm Tired of Already
Thursday, July 19, 2018 Differing opinions have been the cause for many industry debates.

Brent Slips As Focus Returns To Oversupply
Thursday, July 19, 2018 Global benchmark Brent crude dipped as concerns about mounting supply returned after a brief rally earlier in the session.

Analysts: Oil Demand Faces Mounting Risks
Wednesday, July 18, 2018 Oil demand faces mounting risks as escalating global trade tensions begin to drag on global trade and economic activity.

WoodMac: Global Decom Spend Could Hit $105B Over Next Decade
Wednesday, July 18, 2018 Up to $105 billion could be spent on decommissioning worldwide over the next decade, according to a new report from Wood Mackenzie.

Here's Why Investors in Oil Don't Care About Crude's Price Drop
Wednesday, July 18, 2018 Crude prices are down yet European oil companies are weathering the slump.

Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles for this category, region, and date range combination.For more articles, please perform an Advanced Article Search.