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Analysts: New Find Won't Yield 'Significant Economic Windfall' for Bahrain
Thursday April 19, 2018
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Oil and gas analysts at BMI Research do not expect Bahrain's recent discovery of a large oil and gas field to yield a 'significant economic windfall' for the country.
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More Countries Needed In OPEC, Non-OPEC Pact - UAE's Al Mazrouei
Friday, April 20, 2018 Further oil producers need to join OPEC and non-OPEC producers in curbing supply, UAE oil minister Suhail Mohamed Al Mazrouei tells a German newspaper.
Does a Digitization Domino Effect Await Oil and Gas?
Thursday, April 19, 2018 AspenTech survey reveals major obstacles in oil and gas firms' quest to digitize.
Analysts: New Find Won't Yield 'Significant Economic Windfall' for Bahrain
Thursday, April 19, 2018 Oil and gas analysts at BMI Research do not expect Bahrain's recent discovery of a large oil and gas field to yield a 'significant economic windfall' for the country.
OPEC, Non-OPEC Panel Finds Oil Glut Virtually Eliminated
Thursday, April 19, 2018 A global oil glut has been virtually eliminated, according to a joint OPEC and non-OPEC technical panel, two sources familiar with the matter said.
Petroplan Appoints New CEO
Wednesday, April 18, 2018 Petroplan Group appoints Philippa Barnes as its new CEO.
UAE Court Says Dana Gas Can Distribute Dividends, Contradicts UK Court
Wednesday, April 18, 2018 The ruling is the latest move in a legal battle in the UAE and Britain which began last year.
Oil Rises Amid Shrinking US Surplus as OPEC Prepares to Gather
Wednesday, April 18, 2018 Crude climbed to the highest since 2014.
CAPEX Among World's Largest O&G Firms to Rise to Just Under $500B in 2018
Tuesday, April 17, 2018 Capital expenditure (CAPEX) among the world's largest oil and gas companies is due to increase 11.5% year-on-year in 2018 to just under $500 billion, according to oil and gas analysts at BMI Research.
Analyst: Switch To LNG For Shipping Fuel Not Enough To Meet Regulations
Tuesday, April 17, 2018 Switching to LNG to fuel ocean-going vessels may not be enough for shippers to comply with long-term emissions regulations, JBC Energy says.
Big Oil Bids to Burnish Credentials in War on Climate Change
Tuesday, April 17, 2018 The world's biggest oil companies, for long typecast as villains of climate change, are seeking to reinvent themselves.
Crude Gains as Industry Is Said to Report Surprise Crude Draw
Tuesday, April 17, 2018 Oil edged higher after an industry report showed US crude stockpiles and supplies at the nation's largest storage hub both declined.
Kuwait Says Market Conditions To Determine Any Extension Of OPEC-Led Cuts
Monday, April 16, 2018 Kuwait's oil minister says the pact between OPEC and non-OPEC producers to curb supplies will run to the end of the year and market conditions will determine whether to extend it further.
Oil Drops As Syria Risk Seen Muted After Weekend Air Strikes
Monday, April 16, 2018 Oil prices dropped as investor concern waned about escalating tensions in the Middle East following air strikes on Syria over the weekend.
IEA Says 'Mission Accomplished' For OPEC As Oil Stocks Shrink
Friday, April 13, 2018 OPEC and its allies appear to have accomplished their mission of bringing global oil stocks to desired levels, the International Energy Agency says.
Oil Posts Biggest Weekly Gain Since July Amid Global Conflict
Friday, April 13, 2018 Crude posted its largest weekly gain since July as geopolitical tensions threatened to accelerate the tightening of global supplies.
Interest in ADNOC Licensing Round Will Likely be 'Substantial'
Thursday, April 12, 2018 Interest in Abu Dhabi National Oil Company's first competitive exploration and production licensing round will likely be 'substantial', according to oil and gas analysts at BMI Research.
Shell Sees No Risk Of 'Stranded Assets' As Reserves Life Shrinks
Thursday, April 12, 2018 Royal Dutch Shell says it sees little risk of having 'stranded assets' in its portfolio as the world shifts to low carbon energy.
UAE Says Most Countries In Oil Cut Deal Like Idea Of Long-Term Alliance
Thursday, April 12, 2018 A majority of the OPEC and independent oil producers participating in a current deal to cut supply like the idea of a long-term producers' alliance, the energy minister of the United Arab Emirates says.
OPEC Sees Oil Markets Tighten Further Even As US Shale Booms
Thursday, April 12, 2018 The global oil stocks surplus is close to evaporating, OPEC says.
BLOG: Will We See More Andeavors and Equinors?
Thursday, April 12, 2018 A company re-branding is much more than a new name and logo.
Iraq Postpones Oil And Gas Auction To April 25
Thursday, April 12, 2018 Iraq has postponed its oil and gas bidding round for 11 new blocks to April 25.
Oil Steady, Near 3-Year Highs On Syria Tensions, Tighter Supply
Thursday, April 12, 2018 Oil prices held steady, remaining close to highs last reached in late 2014.
Yemen's Houthis Say Launched Drone Attack On Saudi Aramco Facility
Wednesday, April 11, 2018 Yemen's armed Houthi movement says it has launched a drone strike on a facility belonging to oil giant Saudi Aramco in southern Saudi Arabia.
Report Identifies Emerging Decommissioning Hotspots
Wednesday, April 11, 2018 The Boston Consulting Group identifies several emerging decommissioning hotspots in a new report released Wednesday.
Iran's Oil Minister Says $60 Is A Good Price For Crude Oil
Wednesday, April 11, 2018 Iranian Oil Minister Bijan Zangeneh says $60 a barrel is a good price for oil currently.
US Crude Hits Highest Since 2014 On Missile Concerns
Wednesday, April 11, 2018 Oil prices jumped, hitting their highest in more than three years.
UAE's ADNOC Launches Oil And Gas Exploration Round
Tuesday, April 10, 2018 Abu Dhabi National Oil Company is launching a competitive exploration and production licensing round for 6 oil and gas blocks, its first ever.
Ghazeer 'Crucial' to Maintaining Oman Gas Production to Early 2020s
Tuesday, April 10, 2018 The second phase of development at the Khazzan field in Oman will be crucial to maintaining domestic gas production into the early 2020's, BMI Research analysts say.
Oil Major Total and Aramco Sign $5B Deal to Build Jubail Petrochem Complex
Tuesday, April 10, 2018 French oil and gas major Total signed a $5 billion deal with Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery.
India Prepared to Give Saudi Aramco 50 pct Stake in Planned Mega Refinery
Tuesday, April 10, 2018 India is set to grant Saudi Aramco a 50 percent stake in a planned 1.2 million barrels per day west coast refinery - a move that would give the kingdom a new stable outlet for its oil.
Bechtel: LNG Demand May Need $200 Billion Investment
Tuesday, April 10, 2018 The world may need an investment of as much as $200 billion in new liquefied natural gas terminals by 2025 to satisfy a growing appetite for cleaner-burning fuels, according to Bechtel Group Inc.
BP to Develop Second Phase of Giant Khazzan Gas Field
Monday, April 09, 2018 The development of Ghazeer, the second phase of the giant Khazzan gas field in Oman, is approved.
Top Iraq Court Set To Rule On Kurdistan Region's Oil Exports
Monday, April 09, 2018 Iraq's top court will begin hearings in May on the legality of oil exports from Kurdistan.
Analysts: Iran, Venezuela Biggest Political Risks Facing Oil Sector in 2018
Friday, April 06, 2018 The largest political risks facing the oil and gas sector this year remain centered around Iran and Venezuela, according to BMI Research analysts.
Three Reasons Why You Should Automate Your Emergency Response Technology
Friday, April 06, 2018 Quickly and effectively responding to potential serious incidents is a major challenge for the oil and gas industry.
Summer of LNG Starts With a Bang in UK as US Ramps Up
Friday, April 06, 2018 The start of spring has heralded the return of liquefied natural gas to the UK.
Crude Dives Lower as Trump Predicts 'Pain' in China Dispute
Friday, April 06, 2018 Crude posted its worst week in two months.
Wood Mackenzie: 'Bigger Projects Are Coming'
Thursday, April 05, 2018 The industry will see a return to bigger project sanctions, Angus Rodger, Wood Mackenzie's research director for Asia Pacific upstream oil and gas, has confirmed.
The Saudis Are Determined to Keep the Market in Balance
Thursday, April 05, 2018 It is doing all it can to support the recovery in oil prices with a focus on surplus oil inventories, particularly in the US.
Saudi Arabia Expects No Oil Supply Impact From Houthi Tanker Attack
Wednesday, April 04, 2018 An attack on a Saudi tanker by Yemen's Houthis will not hit oil supplies, Saudi Arabia's energy minister says.
Palestinians, Seeking New Developer, Offer 45% Stake In Gaza Gas Field
Wednesday, April 04, 2018 The Palestinians are seeking to sell a 45% stake in a gas field off Gaza to help to develop the project, its main stakeholder, the Palestine Investment Fund, says.
Iraq Ministry, Exxon Still In Talks On Boosting Oil Output
Wednesday, April 04, 2018 Iraq is still in discussion with Exxon Mobil over a multi-billion-dollar project to boost output from several southern oilfields, the Iraqi oil ministry says.
Bahrain Says New Discovery Contains Estimated 80B Barrels Of Tight Oil
Wednesday, April 04, 2018 Bahrain's oil minister says the estimated oil reserves in a newly discovered field, the kingdom's largest ever, is at least 80 billion barrels of tight oil.
Oil Down Slightly; US Inventory Draw Offsets Trade War Fears
Wednesday, April 04, 2018 Oil prices settled slightly lower, as a surprise draw in US crude stockpiles triggered a rebound from session lows.
Time to Regulate Social Media's FANG?
Tuesday, April 03, 2018 Should Facebook, Google and others be regulated like natural gas utilities?
Oil Gains Hold as Industry Said to Report Surprise Storage Drop
Tuesday, April 03, 2018 Oil clung to its gains following an industry report that US stockpiles unexpectedly shrank.
Consortium Aims to Disrupt Oil and Gas Supply Chains - In a Good Way
Monday, April 02, 2018 Platform designed to make supply chains more transparent, efficient and cost-effective.
Bahrain Says Its Biggest Oil Find Since 1932 Dwarfs Reserves
Monday, April 02, 2018 Bahrain, the smallest energy producer in the Persian Gulf, discovered its biggest oil field since it started producing crude in 1932, according to the country's official news agency.
Baker Hughes, GE Sign Contract with Iraq to Process Natgas at Two Fields
Monday, April 02, 2018 Baker Hughes and General Electric signed a contract with Iraq's government to process natural gas extracted alongside crude oil at two fields in southern Iraq, the oil ministry said.
Land Organization Headcount and Drivers of Land Activity
Friday, March 30, 2018 The recent PwC Land Operations and Land Administration benchmarking study uncovers the often overlooked and difficult-to-quantify role that basin complexity plays in appropriate land department staffing.
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