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Oil Set for Second Weekly Gain
Friday, February 22, 2019 Oil headed for a second weekly advance on signs the U.S. and China are moving closer to a trade deal, and as investors weighed the OPEC+ coalition's output cuts against surging American supply.

Global Gas Demand to Grow 10 Percent to 2030
Friday, February 22, 2019 Equinor expects global demand for gas will grow by around 10% towards 2030.

Crude Oil Up for the Week
Friday, February 22, 2019 The WTI is up three percent while the Brent is up 1.3 percent.

Ophir Adviser Joins Efforts to Disrupt Takeover
Thursday, February 21, 2019 One of Ophir Energy's earliest investors is adding to pressure the exploration company is facing over a takeover plan.

Oil Extends Gains
Thursday, February 21, 2019 Oil extended gains from a 3-month high as industry data signaled a limited increase in American crude stockpiles, and on signs that the U.S. and China are moving closer to a trade deal.

Brent-WTI Spread Likely to Continue to Narrow
Thursday, February 21, 2019 The Brent-WTI spread is likely to continue to narrow in the near term, according to Cantor Fitzgerald Europe.

Ensco and Rowan Merger Given Final Approval
Thursday, February 21, 2019 More than four months after originally announcing their plans to merge, offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have been given the final green light.

Oil Holds Near 3-Month High
Wednesday, February 20, 2019 Oil held near a 3-month high as production cuts by Saudi Arabia tempered concerns a trade war between the world's 2 biggest economies will continue to weigh on the global growth outlook.

Saudi Arabia is Overtightening the Market Again
Wednesday, February 20, 2019 The Saudis are overtightening the market once again, according to Vanda Insights.

Crude Oil Up Amid Growing Spread
Wednesday, February 20, 2019 Both the WTI and Brent finished higher Wednesday as the spread between the two benchmarks reached levels not seen since Nov. 2018.

How Industry 4.0 is Reshaping Oil and Gas Recruitment
Tuesday, February 19, 2019 Slowly but surely, the proliferation of IIoT, robotics, augmented and virtual reality are leading to a step change in hiring strategies.

Oil and Gas Stepping Up Its Exploration Game
Tuesday, February 19, 2019 After years of budget cuts, oil and gas companies are finally stepping up their exploration game.

Oil Holds Gains
Tuesday, February 19, 2019 Oil held gains at a 3 month high as investors focused on the prospects for a resolution to the U.S.-China trade war and signs of sliding shipments from the world's biggest crude exporter.

OPITO Appoints Ex-Transocean Manager
Tuesday, February 19, 2019 Global energy industry skills body OPITO has appointed ex-Transocean manager Stuart Clow as a director.

WTI Settles Above $56
Tuesday, February 19, 2019 Analyst offers insights on oil market drivers from 1600 Pennsylvania Avenue and other locales.

Oil Trades Near Highest Level Since November
Monday, February 18, 2019 Oil traded near the highest level since November on optimism the U.S. and China can reach a trade deal and as an outage at the world's largest offshore field signaled tightening supply.

Oil Optimists Look Ready to Take Driver's Seat
Monday, February 18, 2019 Oil optimists look like they're finally ready to take the driver's seat in crude's rebound.

33 FPSOs to be Sanctioned to 2021
Monday, February 18, 2019 Rystad Energy expects 33 FPSOs to be sanctioned from 2019 to 2021.

Oil Poised for Weekly Gain
Friday, February 15, 2019 Oil heads for its biggest weekly gain in a month.

Oil Will Continue to Play Significant Role in 2040
Friday, February 15, 2019 Although the precise outlook is uncertain, the world looks set to consume significant amounts of oil for several decades, according to BP's latest Energy Outlook.

Crude Oil Up More Than 5% for the Week
Friday, February 15, 2019 A Russian pledge and a Saudi outage provided support for crude.

It's All Going Wrong for OPEC
Thursday, February 14, 2019 Even as oil producing states in OPEC and beyond begin implementing the output cuts they agreed in December, the world's need for their crude is shrinking further.

NOPEC Bill to Fail if Brought to a Vote
Thursday, February 14, 2019 Fitch Solutions expects the NOPEC bill to fail if brought to a vote.

Global Oil Prices Turn Topsy-Turvy
Thursday, February 14, 2019 Some of the world's dirtiest and densest crudes traditionally spurned for being too difficult to process are having a moment in the sun.

Energy Companies at Increasing Risk of 'Over-Investing'
Thursday, February 14, 2019 Companies continue to link executive pay to the discovery of energy resources the world can't safely burn, according to a new report.

ExxonMobil Extends Rowan Drillship Contract
Thursday, February 14, 2019 The supermajor has contracted the ultra-deepwater drillship since September 2018.

Crude Oil Up for Third Straight Day
Thursday, February 14, 2019 Production curbs in Canada and OPEC countries, along with US sanctions on Venezuela, are factors.

Oil Extends Gain
Wednesday, February 13, 2019 Oil climbed for a 2nd day after Saudi Arabia pledged to deepen production cuts and U.S. President Donald Trump said he might extend a deadline for additional tariffs on China.

OPEC Chief Urges Producers to Meet Cut Pledges
Wednesday, February 13, 2019 OPEC's top official urged countries in the group and its allies to follow through on their pledges to cut oil production and keep global markets balanced.

BHP Approves $696MM Funding for BP Project
Wednesday, February 13, 2019 BHP approves a total of $952 million in funding for BP's Atlantis Phase 3 and drilling of an appraisal well in the Trion field offshore Mexico.

Refiners and Shippers Not Ready for New Fuel Reg
Wednesday, February 13, 2019 New report finds implementing pending IMO mandate is a challenge for refiners and shippers.

BOEM Plans Gulf of Mexico Lease Sale in March
Wednesday, February 13, 2019 The Bureau of Ocean Energy Management is holding an oil and gas lease sale including all available unleased areas in the federal waters of the Gulf of Mexico.

Crude Oil Ends Day Higher
Wednesday, February 13, 2019 Natural gas didn't add to its three-day winning streak, though.

Oil Holds Below $53
Tuesday, February 12, 2019 Oil held under $53 a barrel as a tentative deal to avoid another growth-killing U.S. government shutdown was offset by the prospect of rising American crude inventories.

Oil Demand Growth to Slow Significantly From 2020
Tuesday, February 12, 2019 Oil demand growth is expected to slow significantly from next year, according to McKinsey Energy Insights' Global Energy Perspective 2019 Reference Case.

Oil's Twilight?
Tuesday, February 12, 2019 The global oil industry's foundation of ever-expanding demand will probably crumble and that may hurt profits sooner than expected, according to a London fund manager.

OPEC Sees Weaker Demand for Its Crude
Tuesday, February 12, 2019 OPEC reduced its estimate for the amount of crude the world needs it to pump this year as US production continues to thrive and the demand outlook falters.

WTI Trades Above $54
Tuesday, February 12, 2019 Crude oil, gasoline and natural gas prices finished higher Tuesday.

Oil Keeps Falling on Growth Fear
Monday, February 11, 2019 Oil fell toward the lowest level in almost 2 weeks as global growth concerns continued to damp the demand outlook.

Brent Probably Trading Between $74-$84 by Year-End
Monday, February 11, 2019 By year-end, Brent will probably trade somewhere between $74 and $84 per barrel, according to Fat Prophets.

Will Oil Ever Hit $100 Again?
Monday, February 11, 2019 Rigzone asks industry experts whether the price of oil will ever reach $100 per barrel again.

Crude Oil Ends Day Lower
Monday, February 11, 2019 Both the WTI and Brent contracts settled lower Monday.

Oil Tanker Market Shrugs Off All Concerns and Remains Bullish
Friday, February 08, 2019 The people paid to evaluate the shipping industry's prospects are actually turning a little more bullish.

How Does Blockchain Technology Fit into Oil and Gas
Friday, February 08, 2019 Let's just say blockchain may only be as strong as its weakest link. Need help understanding it? Read on...

Crude Oil Reverses Course
Friday, February 08, 2019 Oil prices changed direction this past week.

Oil Resumes Drop
Thursday, February 07, 2019 Oil resumed its drop as rising U.S. production and concern over the global economic outlook countered a decline in American fuel inventories.

Big Oil Proves Crude Price Is Just a Number
Thursday, February 07, 2019 The crude market had its worst quarter in 4 years but you wouldn't be able to tell by looking at Big Oil's stellar earnings numbers.

Oil and Gas Employment Starts 2019 Positively
Thursday, February 07, 2019 After the industry stabilized, there was a reprieve from layoffs and instead, hiring began to pick back up.

Crude Oil Down on Trade Deal Talk
Thursday, February 07, 2019 A downbeat assessment of US-China trade negotiations put downward pressure on the crude oil market Thursday.

Oil Extends Loss
Wednesday, February 06, 2019 Oil extends losses below $54 a barrel on signs of a weakening economy and an industry report pointing to rising U.S. crude inventories.

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