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Goldman Sachs: Oil Producers Boost 2019 Hedging
Tuesday, May 22, 2018 Oil producers have picked up the pace in hedging against further production in 2019, Goldman Sachs says.

Analysts: UK Shale Package Won't Have Tangible Effect on Industry Momentum
Tuesday, May 22, 2018 The latest regulatory package from the UK government to support domestic shale exploration hasn't won over BMI Research analysts.

Gas Guzzlers Set to Fade as China Sparks Surge for Electric Cars
Monday, May 21, 2018 By 2040, more than half of all new car sales and a third of the planet's automobile fleet will be electric, according to a report published Monday.

Forget About Oil at $80. The Big Rally Is in Forward Prices
Monday, May 21, 2018 Some investors bet that the "lower for longer" price mantra is all but over.

Crude Oil's Surge Is Putting the 'Petro' Back in Petrocurrencies
Monday, May 21, 2018 The currencies of some of the world's top oil producers are set to become intertwined with crude prices once again

CAPEX Among Asia's O&G Companies Set to Reach $102B in 2018
Monday, May 21, 2018 CAPEX among Asia's oil and gas companies is set to register a 37% year-on-year increase in 2018, oil and gas analysts at BMI Research confirm.

Saudi Arabia Assures On Supply As Oil Hits $80 A Barrel
Friday, May 18, 2018 Saudi Arabia says it is consulting other oil producers in and outside OPEC to ensure the world has adequate supplies to support economic growth.

Kemp: Rising Oil Prices Herald Next Phase In Cycle
Thursday, May 17, 2018 Oil prices are now in the top half of the cycle, with benchmark Brent trading above $80 per barrel for the first time since November 2014.

IEA Warns Global Oil Demand May Suffer As Crude Nears $80
Wednesday, May 16, 2018 Global demand for oil is likely to moderate this year, as the price of crude nears $80 a barrel and many key importing nations no longer offer consumers generous fuel subsidies, the IEA says.

Norwegian Production Drops in April
Wednesday, May 16, 2018 Norwegian production drops month-on-month in April, according to preliminary output figures released by the Norwegian Petroleum Directorate.

Analysts: 'We See Prices Trading Into the $80-90 Per Barrel Range'
Wednesday, May 16, 2018 The price of Brent Crude oil will average between $80 and $90 per barrel in the 2020s, according to oil and gas analysts at BMI Research.

Investors See Big Oil Surge, But Physical Markets Suggest Caution
Tuesday, May 15, 2018 Physical markets for oil shipments tell a different story.

Analysts: Risk of OPEC, NOPEC Output Deal Compliance Slippage Increases
Tuesday, May 15, 2018 The risk of OPEC, non-OPEC production deal compliance slippage has increased with U.S. President Trump's decision to withdraw from the Iranian nuclear accord, analysts say.

UK Oil Worker Discrimination Continues
Tuesday, May 15, 2018 UK oil and gas workers still feel discriminated against when trying to find jobs outside the sector, according to a new poll.

With Glut Almost Gone, OPEC Still Cuts More Than Oil Pact Demands
Monday, May 14, 2018 A global oil glut has been virtually eliminated, figures published by OPEC show.

Subsea UK: 'Encouraging' to see UK O&G will Continue to Need New People
Friday, May 11, 2018 Subsea UK Chief Executive Neil Gordon says it is 'encouraging' to see that the UK O&G sector will continue to need tens of thousands of new people over the next 20 years.

An Upstream Comeback with Less Splash but More Cash?
Friday, May 11, 2018 Capital spending with free cash flow, rather than debt, is a hallmark of the 'new normal.'

US East Coast Refiners Look To Texas Crude For Discounted Oil
Thursday, May 10, 2018 Supply bottlenecks are making it difficult to secure more barrels.

OPEC In No Hurry To Decide If Extra Oil Needed To Offset Iran -Sources
Thursday, May 10, 2018 OPEC is in no hurry to decide whether to pump more oil to make up for an expected drop in exports from Iran after the imposition of new U.S. sanctions, sources familiar with the issue say.

Rigzone's Employer Survey Reveals the Best Oil, Gas Company to Work For
Thursday, May 10, 2018 Find out which company ranked as the number one oil and gas company to work for.

Hey Oil Giants: Looking to Unload Renewables? Funds Are All Ears
Wednesday, May 09, 2018 There are plenty of institutional investors ready to pounce.

CEO: US Shale Producers Will Not Offset Iran Supply Drop Post-Deal Exit
Wednesday, May 09, 2018 US shale producers will not boost output to offset any global oil squeeze after President Trump abandoned the Iran nuclear deal, one of the industry's most prominent executives says.

WoodMac: Top Conventional Wells to Watch Out for in 2018
Wednesday, May 09, 2018 More than 200 senior energy leaders and professionals identify the top conventional wells to watch out for this year in a new exploration survey conducted by Wood Mackenzie.

WTI Crude Price 'Will Struggle' to Stay Above $75
Wednesday, May 09, 2018 West Texas Intermediate (WTI) crude oil prices will struggle to move sustainably above $75 per barrel this year, analysts say.

UKCS Production Efficiency Rises for Fifth Straight Year
Tuesday, May 08, 2018 Production efficiency in the UK Continental Shelf rises to 74% in 2017.

Shale Drillers Face New Test of Will as Crude Tops $70 Mark
Monday, May 07, 2018 With benchmark US crude prices crossing the $70 a barrel threshold, the shale drillers who helped upend global markets now face a new challenge.

Diesel Sheds Pariah Status to Become One of Hottest Energy Plays
Friday, May 04, 2018 After spearheading oil's rally last summer, diesel markets have gotten even tighter.

Man Who Ran Venezuelan Oil Giant for Decade Predicts Fast Demise
Friday, May 04, 2018 Rafael Ramirez says the state producer he ran for almost 10 years is on the brink of collapse.

OTC2018: Oil, Gas Automation and Digitalization Trends of the Future
Friday, May 04, 2018 Emerson discusses some of the trends the oil and gas industry is facing in regard to technology.

OTC2018: It's a Digital Transformation. Is the Industry Ready?
Thursday, May 03, 2018 WoodMac's Preston Cody discusses how the E&P industry is faring in the digital transformation.

Guyana's Production Ramp-up Demands Compliance Changes, New Infrastructre
Wednesday, May 02, 2018 ExxonMobil anticipates 450,000 barrels per day of oil production from the South American country by 2020.

Oil's Lifeline Turns Into $7 Billion Drag as Crude Prices Jump
Wednesday, May 02, 2018 There's a downside to oil prices being up that could cost the industry more than $7 billion.

Saudi Arabia's Economic Revamp Is Still an Oil Story
Wednesday, May 02, 2018 Saudi Arabia's efforts to shore up public finances and revive economic growth are still pretty much dependent on oil prices.

Big Oil Investors Show They Want More Than Just Profit
Tuesday, May 01, 2018 Big Oil's investors took a bruising for nearly three years as oil prices bumped along decade lows. Now they want payback.

Boom In West Texas Oil Patch Lifts Wages, Prices
Tuesday, May 01, 2018 In West Texas, rising oil prices are fueling a sharp economic upswing.

OTC 2018: 'Waste' Seen as a Major Inefficiency for E&P Companies
Monday, April 30, 2018 The industry's operating in a new normal price environment. But waste within their operating systems is a problem.

OTC 2018: Optimism Around Offshore Sector Increasing
Monday, April 30, 2018 There's an increasingly optimistic mood around the oil and gas industry, Chevron says.

Kemp: Hedge Funds Trim Positions In Crude But Boost Fuels
Monday, April 30, 2018 For all the bullish chatter, hedge fund managers have become cautious about increasing their exposure to crude oil.

Hackers Hit 'Cyber Blind Spot' While US Energy Industry Naps
Monday, April 30, 2018 How much is cyber security worth to the US energy industry? Not a whole lot apparently.

OTC 2018: 'More Eyes' Needed to Fight Human Trafficking
Monday, April 30, 2018 Oil and gas professionals are well-placed to combat human trafficking.

California Oil Dreams Fade as Beverly Hills Derrick Comes Down
Friday, April 27, 2018 The iconic derricks demise mirrors the fate of oil drilling in California.

OPEC Cuts May Go Deeper as Another Member Sees Output Slump
Friday, April 27, 2018 While plunging output in Venezuela captures the oil world's attention, problems are quietly festering in another OPEC nation.

ExxonMobil Misses, Chevron Crushes Estimates in Mixed Day for Big Oil
Friday, April 27, 2018 For the biggest US oil explorers, the first quarter was a study in contrasts.

Analysts: Utility Investment Will Become Increasingly Favored by Oil Majors
Thursday, April 26, 2018 Investment into the utility space will become an increasingly favored strategy by oil majors, according to analysts at BMI Research.

Skinny And Sweet: US Refiner Earnings Depend On The Oil Diet
Thursday, April 26, 2018 Shares of smaller independent US refiners with less complex facilities surged in the stock market in the first quarter.

PwC: Capital Discipline Led US Deal-Making in 1Q 2018
Thursday, April 26, 2018 The first quarter of 2018 had more deals than any first quarter since 2015. But the appetite for risk seen in 1Q 2017 wasn't there.

Gadfly: Bottlenecks Bring Christmas Early for Permian Refiners
Wednesday, April 25, 2018 Christmas has come way early in Texas.

US Energy Shares Outperform As Companies Begin To Report
Wednesday, April 25, 2018 After losing ground and underperforming the broad market in 2017, US energy shares are climbing fast.

Statoil Shows a Return to Better Times Is Within Big Oil's Grasp
Wednesday, April 25, 2018 Statoil shows that a return to profit levels from the era of $100 a barrel is within the grasp of the world's oil giants.

Report: EMU Deal Activity Shifting Toward Power, Utilities
Tuesday, April 24, 2018 Energy, mining and utilities deals have long been dominated by oil and gas transactions, but now they appear to be moving closer toward the power and utilities space.