Search For News Articles

Search through thousands of industry news articles from 1999 through today using the search options provided below.
Your Article Search Results
50 matching articles found.


Panama, US To Sign Pact To Expand Regional Access To LNG
Friday, August 17, 2018 Panama and US to sign an agreement aimed at paving the way for more private investment to expand the importation and distribution of US LNG in Latin America.

Citgo to Resume Aruba Refinery's Refurbishing Work Next Month
Wednesday, August 15, 2018 A unit of Citgo Petroleum in September plans to resume long-delayed work to refurbish an idled, 235,000-barrel-per-day (bpd) oil refinery on Aruba, the Caribbean island's government said.

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.

Rule Change Cuts Demand for Canadian Oil
Tuesday, August 14, 2018 Canadian heavy oil producers are facing a new barrier to marketing their crude.

Saudi Cuts Oil Output As OPEC Points To 2019 Surplus
Monday, August 13, 2018 OPEC forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a return of oversupply, had cut production.

Analysts: Venezuela's Oil Sector Continues to Unravel
Wednesday, August 08, 2018 Venezuela's oil sector 'continues to unravel', according to oil and gas analysts at Fitch Solutions Macro Research.

Venezuela Dodges Oil Asset Seizures with Export Transfers At Sea
Tuesday, August 07, 2018 Venezuela's state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures.

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.

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.

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

OPEC Oil Output Climbs as Saudi Arabia Pumps Near Record
Thursday, August 02, 2018 OPEC's crude output increased last month as Saudi Arabia pumped near-record volumes.

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

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.

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

Reuters Survey: OPEC July Oil Output Hits 2018 Peak, But Outages Weigh
Monday, July 30, 2018 OPEC oil output has risen this month to a 2018 high as Gulf members pumped more after a deal to ease supply curbs and Congo Republic joined the group, a Reuters survey found.

Phillips 66's Profit Beats On Higher Refining Margins
Friday, July 27, 2018 Phillips 66's quarterly profit topped analysts' estimates as cheaper crude prices boosted refining margins by more than 45%.

Valero, Marathon Beat Profit Estimates As Refining Margins Rise
Thursday, July 26, 2018 Two of the biggest independent oil refiners in the US beat Wall Street profit estimates.

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.

Curacao Mulling 15 Firms To Replace Venezuela As Refinery Operator
Monday, July 23, 2018 Curacao's Isla refinery is considering offers from 15 companies interested in temporarily operating the 335,000-barrel-per-day facility to replace the current operator.

Schlumberger, Baker Hughes Set Sights on 'Healthy' 2H
Friday, July 20, 2018 Schlumberger and Baker Hughes have their sights set in different directions as they move into the second-half of 2018.

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.

Oil Steadies On US Stockpile Forecasts, Venezuela Worries
Tuesday, July 17, 2018 Crude oil futures steadied as the focus turned to falling inventories in the US and further output constraints in Venezuela and Libya.

IHS Markit Sees Canadian Oil Sands Growth Moderating After 2019
Tuesday, July 17, 2018 Canadian oil sands production will rise more than half a million barrels per day in 2019.

Sources: Russia Raises Crude Oil Exports From Sakhalin-1 In 3Q
Monday, July 16, 2018 Russia plans to boost crude oil exports from the ExxonMobil-led Sakhalin-1 project to between 260,000 to 266,000 bpd.

WoodMac: OPEC Will Continue to Play Important Role in Oil Market to 2040
Monday, July 16, 2018 OPEC will continue to play an important role in the oil market to 2040, according to a new report by Wood Mackenzie.

Oil Rises But Declines for the Week As Supply Concerns Ease
Friday, July 13, 2018 Oil prices rose on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline.

Russia Says May Step Up Oil Output to Tackle Deficit
Friday, July 13, 2018 Russia and other leading oil producers may boost oil output further if supply shortages hit the global oil market, Russia's energy minister said Friday.

Chevron Taps Geologist Insider to Head Brazil Operations
Friday, July 13, 2018 Chevron, which had global revenues of $135 billion in 2017, has been growing its presence in Brazil.

World's Oil Cushion Could Be Stretched To The Limit, IEA Warns
Thursday, July 12, 2018 The world's oil supply cushion could be stretched to the limit due to prolonged outages, supporting prices and threatening demand growth, the International Energy Agency says.

S. Arabia will be 'Reluctant to Exhaust' its 'Substantial' Spare Capacity
Tuesday, July 10, 2018 Saudi Arabia will be 'reluctant to exhaust' its 'substantial' spare capacity, according to oil and gas analysts at BMI Research.

PDVSA's Oil Sales To US Bounced In June; Caribbean Stocks Drained
Monday, July 09, 2018 Venezuelan crude sales to the United States recovered in June from May.

Oil Slips as U.S. Crude Stockpiles Show Surprise Build
Thursday, July 05, 2018 Oil falls after U.S. government data showed an unexpected build in crude oil stockpiles.

Iran Threatens to Stop Hormuz Oil Exports If Own Crude Cut
Thursday, July 05, 2018 Iran will stop oil exports from the Strait of Hormuz, the world's most important oil chokepoint, if the U.S. succeeds in halting crude sales from the Persian Gulf nation.

Trump To OPEC: 'Reduce Pricing Now!' - Twitter
Thursday, July 05, 2018 U.S. President Donald Trump again accuses the Organization of Petroleum Exporting Countries of driving gas prices higher on Twitter on Wednesday.

Iran Says Trump's Oil Ban On Iran Is 'Self Harm' - SHANA
Wednesday, July 04, 2018 Iran's OPEC governor, Hossein Kazempour Ardebili, says oil should not be used as a weapon or to make political gains, according to the Iran oil ministry news agency SHANA.

Abu Dhabi Ready to Pump More Oil Under OPEC Deal
Tuesday, July 03, 2018 Abu Dhabi said it's ready to increase oil output in line with guidance set by OPEC and allied producers.

Saudis to Balance Chasing Buyers and Charging More
Tuesday, July 03, 2018 Saudi Arabia will have to navigate a particularly delicate balance between.

Oil Falls As OPEC Output Rises, More Production Planned
Monday, July 02, 2018 Oil futures fell as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid escalating trade disputes with the US.

Idled St. Croix Refinery To Restart, Produce Fuels By 2020
Monday, July 02, 2018 Owners of an idled oil refinery in St. Croix plan to invest to refurbish and restart a portion of the plant.

Oil Gains On Anticipation Of Sanctions On Iran
Friday, June 29, 2018 Oil prices rose, rallying on concerns that US sanctions against Iran would remove a substantial volume of crude oil from world markets at a time of rising global demand.

EIA: US Crude Output Dips In April To 10.467 MMbpd
Friday, June 29, 2018 U.S. crude production fell marginally by 2,000 bpd to 10.467 million bpd in April from the highest on record in March.

Oil at 3-Year High amid Supply Risks
Thursday, June 28, 2018 Crude closes at a 3 1/2 year high amid shrinking stockpiles in the US, disruptions at Libyan ports and other worldwide supply risks.

Unplanned Supply Outages 'Look Set to Rise', Pose 'Upside Risk' to Prices
Thursday, June 28, 2018 Unplanned supply outages look set to rise in July, posing 'upside risk' to prices, oil and gas analysts at BMI Research say.

Oil Surges After 'Massive' Stockpile Drop
Wednesday, June 27, 2018 Oil jumps to a level last seen in late 2014 after US crude stockpiles tumble by the most in almost two years.

Canada Dreams Of Oil Exports To Asia, But California Beckons
Tuesday, June 26, 2018 The nationalization of a crude oil export pipeline in western Canada has buoyed long-standing hopes for crude exports to markets beyond the United States.

US Energy Secretary: Oil Producer Deal May Be Short Of What's Needed
Monday, June 25, 2018 US Energy Secretary Rick Perry says a deal between global oil producers to boost crude output reached last week may not be enough.

Oil Drops As Market Braces For More OPEC Crude And Wall Street Slips
Monday, June 25, 2018 Oil falls as investors prepare for an extra 1 million barrels per day of oil to hit markets.

What Will Brent Do In 2018 Following OPEC Meeting?
Monday, June 25, 2018 Analysts outline their expectations for the price of Brent crude following the latest OPEC gathering in Vienna, Austria.

OPEC+ Gives Final Sign Off to Oil-Supply Boost
Saturday, June 23, 2018 OPEC and its allies gave the final sign-off to an oil-production increase, sealing a victory for Saudi Arabia and Russia.

Oil Jumps As OPEC Agrees To Modest Output Hikes
Friday, June 22, 2018 Oil prices soared after oil producers agreed to modest crude output increases to compensate for losses in production at a time of rising global demand.