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Aramco to Buy Shell SASREF Stake for $631MM
Tuesday April 23, 2019
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Saudi Aramco will buy Shell Saudi Arabia Refining Limited's 50 percent share of the SASREF joint venture in Jubail Industrial City for $631 million.
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Oil Rally Wanes
Wednesday, April 24, 2019 Oil pulled back from a six-month high as an industry report signaling a gain in U.S. crude inventories partly offset concerns over America's campaign to halt Iranian exports.
IEA Ready to Act to Ensure Markets Are Well Supplied
Wednesday, April 24, 2019 The International Energy Agency stands ready to act if necessary to ensure markets remain well supplied.
Occidental Makes Anadarko Bid
Wednesday, April 24, 2019 Occidental Petroleum Corp. is starting a bidding war for Anadarko Petroleum Corp.
New Oil and Gas Technology Roundup
Tuesday, April 23, 2019 Here's a look at some of the latest tech creating a buzz in the oil and gas industry.
Oil Extends Rally
Tuesday, April 23, 2019 Oil extended gains after leaping to a six-month high on Monday.
Halliburton Positioned to Thrive
Tuesday, April 23, 2019 Halliburton is well positioned to navigate the near-term and thrive in the long run, according to the company's chairman, president and CEO.
Aramco to Buy Shell SASREF Stake for $631MM
Tuesday, April 23, 2019 Saudi Aramco will buy Shell Saudi Arabia Refining Limited's 50 percent share of the SASREF joint venture in Jubail Industrial City for $631 million.
Saudis Pledge to Ensure Oil Supply
Tuesday, April 23, 2019 Saudi Arabia will coordinate with other crude producers to ensure that adequate supplies are available and the market does not go out of balance.
Energy Companies Should Recruit Where Google Does
Tuesday, April 23, 2019 Energy execs believe the industry has to be more proactive in going after the talent it wants.
Oil Prices Up for Third Straight Trading Day
Tuesday, April 23, 2019 US and Saudi officials have offered their own perspectives on the oil market.
Operational Technology Cyber Security Risks Rising for Oil, Gas
Monday, April 22, 2019 Cyber security risk for oil and gas companies in operational technology is increasing.
Oil Rises as US Is Said to End Iran Waivers
Monday, April 22, 2019 Oil rose to the highest level in almost six months as the U.S. government was said to eliminate sanction waivers that allowed buyers to import Iranian crude.
Aberdeen Services Firm Hiring After Equity Raise
Monday, April 22, 2019 Aberdeen-based Archer Knight has completed a $649,505 equity raise.
Iran Waivers Halt Set to Reverberate Across Globe
Monday, April 22, 2019 Six months after the U.S. rocked oil markets by letting Iranian exports continue, its decision to end sanctions waivers that allowed shipments is also set to reverberate across the globe.
Eni Inks Offshore Deal With RAK Gas
Monday, April 22, 2019 The deal marks a further push by the Italian company into the Middle East.
Kuwait Petchems Contract Goes to McDermott
Monday, April 22, 2019 A unit of Kuwait Petroleum Corp. has awarded McDermott a technology contract tied to a major project in Al Zour, Kuwait.
Oil Prices Start Week Strong
Monday, April 22, 2019 Crude oil futures posted strong gains Monday amid a development on the US-Iran oil sanctions front.
Oil, Gas Leaders Combat Labor and Sex Trafficking Boom
Friday, April 19, 2019 NOV exec outlines what oil and gas pros can do to help human trafficking victims break free.
Reliance Considering Refinery Stake Sale to Aramco, Adnoc
Friday, April 19, 2019 Reliance Industries Ltd. may sell as much as 25 percent of its refinery business in a deal that could yield at least $10 billion.
It's Film or Fall Behind For the Oil, Gas Industry
Friday, April 19, 2019 Five ways video content is key for attracting top talent in energy.
Oil Heads for Weekly Loss
Thursday, April 18, 2019 Oil heads for its first weekly drop since early March as uncertainty over the future of global producer curbs, Iranian exports and U.S. inventories kept investors on edge.
Crude Oil Settles Higher
Thursday, April 18, 2019 Meanwhile, Henry Hub natural gas fell for the fourth straight trading day.
Oil Rises Toward 5-Month High
Wednesday, April 17, 2019 Oil rose toward a 5-month high after an industry report signaled an unexpected drop in U.S. crude inventories last week, adding to the picture of a tightening global market.
Oil Stocks Must Win Over Gen Z Investors
Wednesday, April 17, 2019 Generation Z has precious little love for oil and gas stocks, but winning over these younger investors will be essential for the sector's future, Barclays Plc analysts say.
Iran Oil Buyers Stay on Sidelines
Tuesday, April 16, 2019 The biggest buyers of Iranian oil are said to be putting their purchases on hold as they wait to see whether the White House will extend waivers allowing them to keep buying the crude.
Chevron Cuts Staff in 2018
Tuesday, April 16, 2019 Chevron Corporation further reduced its headcount in 2018, according to the company's latest annual report.
Schlumberger May Choose Current COO as Next CEO
Tuesday, April 16, 2019 Schlumberger Ltd.'s board is leaning toward picking Chief Operating Officer Olivier Le Peuch to become its next chief executive officer, according to a person familiar with the matter.
OPEC's Production Cuts Success At Risk with $80 Oil
Tuesday, April 16, 2019 After reviving oil prices through production cutbacks, OPEC now risks squandering its victory again by letting crude surge too high.
Oil Rally Takes a Breather
Monday, April 15, 2019 Oil started the week on a softer note after completing its longest run of weekly gains in three years.
Chevron-Anadarko Deal Will Shake Up US Upstream
Monday, April 15, 2019 Chevron Corporation's deal to acquire Anadarko Petroleum Corporation will shake up the U.S. upstream sector.
Significant Gas Discovery at Karish North
Monday, April 15, 2019 Energean Oil and Gas announces that the Karish North exploration well has made a significant gas discovery.
Iran Peddling 1MM Barrels of Oil Again
Monday, April 15, 2019 The Iran Energy Exchange is offering another million barrels of light crude.
Twelve Seas Acquires Brooge Petroleum for $1B
Monday, April 15, 2019 Brooge plans to increase its storage capacity to 1 million cubic meters by the third quarter of 2020.
Oil Prices Down Amid Epic Battle
Monday, April 15, 2019 In one corner, it's U.S. producers. In another corner, it's OPEC+.
Oil Heads for Longest Weekly Rally Since 2016
Friday, April 12, 2019 Oil heads for its longest weekly winning streak since 2016 as supply disruptions in Libya and Venezuela persist at a time when the OPEC+ coalition is showing record compliance with its pledged output cuts.
Retaliation Risks from NOPEC Bill Exaggerated
Friday, April 12, 2019 A report commissioned by proponents of U.S. anti-OPEC legislation said that fears of retaliation by the oil cartel are overblown.
Oceaneering Launches New Engineering Consultancy
Friday, April 12, 2019 Oceaneering International launches a new global engineering consultancy.
Chevron Buys Anadarko
Friday, April 12, 2019 Chevron Corp agrees to buy Anadarko Petroleum Corp in a $33 billion bet on shale oil and liquefied natural gas.
Oil Prices End the Week Higher
Friday, April 12, 2019 Price movements were positive again for the WTI and Brent benchmarks.
Oil Retreats
Thursday, April 11, 2019 Oil retreated from a 5-month high as an increase in U.S. crude inventories to the highest since late 2017 overshadowed OPEC's efforts to reduce production.
IEA Says Oil Market Tightening
Thursday, April 11, 2019 Global oil markets are tightening as OPEC supply falls, the International Energy Agency said, while warning it could lower demand forecasts because of economic threats.
Aramco Aims to Become the World's Biggest Oil Consumer
Thursday, April 11, 2019 The company plans to double its refining network to handle as much as 10 million barrels a day by 2030.
Oil Shrugs Off Putin and IMF to Edge Higher
Wednesday, April 10, 2019 Oil edged higher as speculation that supplies will tighten outweighed Russian caution on output cuts and the International Monetary Fund downgrading its global growth forecasts.
Oil Expected to Average $76+ For the Rest of 2019
Wednesday, April 10, 2019 Analysts at Fitch Solutions Macro Research are sticking to their forecast for Brent crude to average $73 per barrel this year.
Aramco Sells an Impressive $12 Billion of Bonds
Wednesday, April 10, 2019 The debt offering is one of the most oversubscribed in history.
Exxon Eyes Floating LNG Partnership in Israel
Wednesday, April 10, 2019 Exxon is looking to build a platform that would expand the export reach of Israel's biggest natural gas field.
Crude Oil Crosses Threshold
Wednesday, April 10, 2019 The Brent posted a more impressive gain that the WTI during midweek trading.
Oil Holds Gains
Tuesday, April 09, 2019 Oil held gains near the highest since late October as an escalation of geopolitical conflicts in Libya and Iran belied technical indicators suggesting the rally is overdone.
Inventories Still Significantly Above Normal Level
Tuesday, April 09, 2019 Inventories are still significantly above what the Saudi Energy Minister would consider a normal level.
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