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Dorado-1 'has Created Big Exploration Buzz around Perth'
Thursday, August 16, 2018 The Dorado-1 discovery offshore Australia 'has created a big exploration buzz around Perth,' according to Wood Mackenzie's Australasia Upstream Senior Analyst Daniel Toleman.

Oil Edges Up as China,US Set Trade Talks but Markets Wary of Slowing Demand
Thursday, August 16, 2018 Oil prices on Thursday clawed back some of the previous day's losses.

Exec: Upstream Culture Looking More Downstream
Wednesday, August 15, 2018 Pressure to drive down breakeven cost contributes to upstream culture shift.

Diamondback's Energen Acquisition Will Create Synergies in Permian
Wednesday, August 15, 2018 Diamondback's purchase of rival Energen signifies a move toward consolidation, according to Rystad Energy.

Analysts: Oil Price Rise to Drive Up Drilling Globally
Wednesday, August 15, 2018 The rise in oil prices will continue to drive up drilling activity globally over the second half of the year and 2019, according to oil and gas analysts at Fitch Solutions Macro Research.

Billionaires Throw Weight Behind Oil Rally
Wednesday, August 15, 2018 The recovery in the oil industry is attracting some of the most recognized billionaires in money management.

Dollar, Lira and Kingpin Weigh on Tuesday's Trading
Tuesday, August 14, 2018 A stronger US Dollar and a weakening Turkish lira factored into the oil market's performance on Tuesday.

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.

After Billions in Blowouts, Mega Oil and Gas Projects Are Back
Tuesday, August 14, 2018 Investors are about to find out whether the world's largest oil companies have learned their lesson from $80B of cost blowouts in major projects during the era of $100 crude.

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

Global Upstream Project Delivery 'Finally Hitting the Mark'
Tuesday, August 14, 2018 Global upstream project delivery is 'finally hitting the mark', according to Wood Mackenzie.

Oil Up On Iran Sanctions But Set For Weekly Decline
Friday, August 10, 2018 Crude oil prices rose more than 1% as US sanctions against Iran looked set to tighten supply.

Gulf Of Mexico Oil Lease Auction To Test Response To Trump-Era Regulations
Friday, August 10, 2018 A federal auction of exploration leases in the Gulf of Mexico next week will test energy companies' appetite for acreage.

Baker Hughes: US Drillers Add Most Oil Rigs Since May
Friday, August 10, 2018 US energy companies this week added the most oil rigs since May as drillers follow though on plans to spend more on exploration and production.

Global O&G Pipeline Sector 'to Benefit from Growing Energy Demand'
Friday, August 10, 2018 The global oil and gas pipeline sector will continue to benefit from growing demand for energy, according to oil and gas analysts at Fitch Solutions Macro Research.

Europe Getting Serious About Buying US LNG
Friday, August 10, 2018 European nations are far behind Mexico and China when it comes to receiving liquefied natural gas from the US, but the region is making its biggest effort to date to change that.

At Iran's Risk, Trump Is Winning Over Fastest Growing Oil Market
Thursday, August 09, 2018 One of Iran's biggest oil customers is buying more US crude.

Shanghai Crude Benchmark: 'Eccentric Outlier' Rather Than Contender?
Wednesday, August 08, 2018 The crude futures contract that China launched with ambitions to challenge U.S. and European benchmarks is proving to be an eccentric outlier rather than a legitimate rival.

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.

OPEC Plus or OPEC Minus?
Wednesday, August 08, 2018 Since late 2016, the Organization of Petroleum Exporting Countries and other nations, including Russia, Kazakhstan and Mexico, have managed the oil market, giving birth to a group popularly known as OPEC+.

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.

Iran's Oil-Market Realities: How Buyers Are Positioning for Sanctions
Monday, August 06, 2018 In 3 months' time, U.S. sanctions on Iran are due to enter into force that could drive the Persian Gulf nation's exports down toward zero and upend the global oil market.

Canada Crude Differential Seen Staying High As Refiners Take Downtime
Friday, August 03, 2018 The discount on Canada's heavy crude, which reached a nearly five-year high this week, looks to remain elevated.

Crude Oil Rallies on Reported Cushing Drawdown
Thursday, August 02, 2018 'The news event was storage at Cushing,' Bob Yawger, director of the Futures Division with Mizhuo Americas, told Rigzone.

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.

Shale Companies Sink On Investor Disappointment, Hedging Losses
Wednesday, August 01, 2018 Shares of US oil producers dropped sharply after several companies posted weaker-than-expected results.

BP's $10.5B BHP Shale Deal Signals 'Bold Return' to Lower 48
Wednesday, August 01, 2018 BP plc's $10.5 billion move to acquire most of BHP Billiton's shale acreage in North America 'signals a bold return by the UK oil giant to the lower 48 states,' according to Rystad Energy.

Big Oil's Winners and Losers Emerge
Wednesday, August 01, 2018 Crude prices rose to 3-year highs, operating costs were down and profit was growing by double or triple digits, but investors still found plenty to complain about in Big Oil's 2Q earnings.

Yemen's Houthis Halt Red Sea Attacks For Two Weeks
Tuesday, July 31, 2018 Yemen's Houthi group says it is unilaterally halting attacks in the Red Sea.

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.

BP Confidently Pursues Growth
Tuesday, July 31, 2018 BP plc churned out more profit than expected in the second quarter.

Permian Decline Rate Inaccuracies Risky for Operators, Investors
Monday, July 30, 2018 A new report by Wood Mackenzie examines the risks facing operators and investors from inaccurately estimating well decline rates in the Permian.

Baker Hughes: US Drillers Add Oil Rigs For First Week In Three
Friday, July 27, 2018 US energy companies this week added oil rigs for the first time in the past three weeks.

Global Discovered Resources Increase by 30%, Led by Guyana
Friday, July 27, 2018 Rystad Energy believes this sets the stage for an exciting recovery.

Texas to 'Shatter' Oil Production Records with Fewer Rigs and Workers
Friday, July 27, 2018 Economist Karr Ingham shares the mid-year results from the Texas Petro Index and production is doing well.

Analysts: New Zealand Crude Oil Output Poised to Decline
Friday, July 27, 2018 New Zealand's crude oil production is poised to decline over the coming years, according to oil and gas analysts at BMI Research.

PwC: 2Q Sees Increase in M&A Deals; Downstream Leads in Value
Thursday, July 26, 2018 PwC's latest quarterly report reveals that downstream and midstream dominated the second quarter in terms of deal value.

Results Roundup: Shell Launches $25B Share Buyback Program
Thursday, July 26, 2018 Total, Repsol and Shell report their latest financial results.

Majors 'On Pace' to Approve $37B+ in Projects During Calendar Year
Wednesday, July 25, 2018 Oil majors are 'on pace' to approve over $37 billion in projects during the calendar year, according to Rystad Energy.

Russian Oil Preparing for Biggest Tax Overhaul in 20 Years
Wednesday, July 25, 2018 Russia, one of the world's top 3 crude producers, is preparing the most radical shakeup of its oil-tax system since 1999.

Home Prices Shoot Up in West Texas as Oil Activity Barrels On
Wednesday, July 25, 2018 While the Permian remains a hotbed of shale activity, residents and workers are challenged with an inflated housing market.

Oil, Gas Companies Focus on Recruitment, Retention in the Permian
Tuesday, July 24, 2018 While Midland is enjoying low unemployment rates due to increased Permian activity, there is still high demand for oilfield talent. (Photo Courtesy of Halliburton)

Exxon, Chevron, Shell, Total, BP Set to 'Reap Benefits' of Price Recovery
Tuesday, July 24, 2018 These 5 majors are set to 'reap the benefits of a partial recovery in oil prices', according to a new report from Moody's Investors Service.

Big Oil Is Raking in Cash, Investors Asking: Now What?
Tuesday, July 24, 2018 The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.

Baker Hughes: US Drillers Cut Rigs By Most Since March This Week
Friday, July 20, 2018 US energy companies this week cut oil rigs by the most in a week since March.

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.

Report: Fewer M&A Deals in 1H 2018, but Higher Value
Friday, July 20, 2018 Though the number of deals in the Energy, Mining and Utilities sector were fewer in the first half of the year, overall deal value trickled up.

Diversified Independents Trading at Premium to Pure Play Tight Oil Players
Thursday, July 19, 2018 For the first time, a group of diversified independents tracked by Wood Mackenzie is trading at a premium to a group of pure-play US tight oil players monitored by the company.

Oil & Gas UK: Industry Must Hold Firm in 'Relentless' Pursuit of Efficiency
Wednesday, July 18, 2018 Preventing production losses and improving efficiency is a 'vital cog' in efforts to maximize economic recovery from the UK Continental Shelf, says Oil & Gas UK.