Crude Oil Edges Upward
Monday February 18, 2019 - Both the WTI and Brent crude oil benchmarks posted gains.
Results 50 articles shown
Oil Trades Near Highest Level Since November
Monday, February 18, 2019 Oil traded near the highest level since November on optimism the U.S. and China can reach a trade deal and as an outage at the world's largest offshore field signaled tightening supply.
Oil Optimists Look Ready to Take Driver's Seat
Monday, February 18, 2019 Oil optimists look like they're finally ready to take the driver's seat in crude's rebound.
33 FPSOs to be Sanctioned to 2021
Monday, February 18, 2019 Rystad Energy expects 33 FPSOs to be sanctioned from 2019 to 2021.
Kosmos Founding Partner to Retire
Monday, February 18, 2019 Kosmos Energy's chief exploration officer and founding partner, Brian F. Maxted, has decided to retire from the company.
Crude Oil Edges Upward
Monday, February 18, 2019 Both the WTI and Brent crude oil benchmarks posted gains.
Oil Poised for Weekly Gain
Friday, February 15, 2019 Oil heads for its biggest weekly gain in a month.
Oil Will Continue to Play Significant Role in 2040
Friday, February 15, 2019 Although the precise outlook is uncertain, the world looks set to consume significant amounts of oil for several decades, according to BP's latest Energy Outlook.
US Weighs New PDVSA Sanctions
Friday, February 15, 2019 The Trump administration is considering blocking foreign entities from dealing with Venezuela's state oil giant.
US Drillers Add Rigs for Second Consecutive Week
Friday, February 15, 2019 The US added a net total of two rigs this week.
Crude Oil Up More Than 5% for the Week
Friday, February 15, 2019 A Russian pledge and a Saudi outage provided support for crude.
It's All Going Wrong for OPEC
Thursday, February 14, 2019 Even as oil producing states in OPEC and beyond begin implementing the output cuts they agreed in December, the world's need for their crude is shrinking further.
NOPEC Bill to Fail if Brought to a Vote
Thursday, February 14, 2019 Fitch Solutions expects the NOPEC bill to fail if brought to a vote.
Global Oil Prices Turn Topsy-Turvy
Thursday, February 14, 2019 Some of the world's dirtiest and densest crudes traditionally spurned for being too difficult to process are having a moment in the sun.
Energy Companies at Increasing Risk of 'Over-Investing'
Thursday, February 14, 2019 Companies continue to link executive pay to the discovery of energy resources the world can't safely burn, according to a new report.
Indian LNG Importer Might Join Louisiana Project
Thursday, February 14, 2019 India's largest LNG importer might join Driftwood.
Venture Global Pitches Plan for Cheapest US Gas on the Water
Thursday, February 14, 2019 A little-known company is planning to be a standout in the crowded field of US shale gas exports by slashing construction costs for the massive terminals that turn gas into a transportable liquid.
World's Biggest Battery to Boost Solar in Texas
Thursday, February 14, 2019 The world's largest battery could soon be storing solar energy deep in the heart of Texas oil country.
Harvest Oil & Gas Sells San Juan Basin Assets
Thursday, February 14, 2019 US independent Harvest Oil & Gas is exiting the San Juan Basin, just months after emerging from bankruptcy.
Crude Oil Up for Third Straight Day
Thursday, February 14, 2019 Production curbs in Canada and OPEC countries, along with US sanctions on Venezuela, are factors.
Oil Extends Gain
Wednesday, February 13, 2019 Oil climbed for a 2nd day after Saudi Arabia pledged to deepen production cuts and U.S. President Donald Trump said he might extend a deadline for additional tariffs on China.
Top 10 US Shale Portfolios
Wednesday, February 13, 2019 Chevron holds the most valuable U.S. shale portfolio in terms of total net present value, according to Rystad Energy.
OPEC Chief Urges Producers to Meet Cut Pledges
Wednesday, February 13, 2019 OPEC's top official urged countries in the group and its allies to follow through on their pledges to cut oil production and keep global markets balanced.
Refiners and Shippers Not Ready for New Fuel Reg
Wednesday, February 13, 2019 New report finds implementing pending IMO mandate is a challenge for refiners and shippers.
JV to Move Natgas from Eagle Ford to Agua Dulce
Wednesday, February 13, 2019 Howard Energy Partners and NextEra Energy Partners have entered into a joint venture to develop more natural gas transportation opportunities in the Eagle Ford.
Chevron CEO Says Lower Your Costs or Die
Wednesday, February 13, 2019 In a time of transition, where everyone from politicians to shareholder activists is bashing Big Oil, shale's success is forging a new reality, Wirth said: Lower your costs, or die.
Crude Oil Ends Day Higher
Wednesday, February 13, 2019 Natural gas didn't add to its three-day winning streak, though.
Oil Holds Below $53
Tuesday, February 12, 2019 Oil held under $53 a barrel as a tentative deal to avoid another growth-killing U.S. government shutdown was offset by the prospect of rising American crude inventories.
Oil Demand Growth to Slow Significantly From 2020
Tuesday, February 12, 2019 Oil demand growth is expected to slow significantly from next year, according to McKinsey Energy Insights' Global Energy Perspective 2019 Reference Case.
Tuesday, February 12, 2019 The global oil industry's foundation of ever-expanding demand will probably crumble and that may hurt profits sooner than expected, according to a London fund manager.
PetroQuest Emerges from Chapter 11 Bankruptcy
Tuesday, February 12, 2019 US independent PetroQuest Energy emerges from Chapter 11 bankruptcy.
Offshore Texas Oil Export Facility Proposed
Tuesday, February 12, 2019 Port facility would be able to handle VLCCs.
OPEC Sees Weaker Demand for Its Crude
Tuesday, February 12, 2019 OPEC reduced its estimate for the amount of crude the world needs it to pump this year as US production continues to thrive and the demand outlook falters.
WTI Trades Above $54
Tuesday, February 12, 2019 Crude oil, gasoline and natural gas prices finished higher Tuesday.
Enbridge Pipeline Faces Challenge from Minnesota's Governor
Tuesday, February 12, 2019 Enbridge's Line 3 crude oil pipeline replacement project is facing another potential setback in Minnesota.
Oil Keeps Falling on Growth Fear
Monday, February 11, 2019 Oil fell toward the lowest level in almost 2 weeks as global growth concerns continued to damp the demand outlook.
Brent Probably Trading Between $74-$84 by Year-End
Monday, February 11, 2019 By year-end, Brent will probably trade somewhere between $74 and $84 per barrel, according to Fat Prophets.
Will Oil Ever Hit $100 Again?
Monday, February 11, 2019 Rigzone asks industry experts whether the price of oil will ever reach $100 per barrel again.
US Oil and Gas Employment Up 5.4% in 2018
Monday, February 11, 2019 Texas accounted for four out of 10 US oil and gas jobs last year.
Crude Oil Ends Day Lower
Monday, February 11, 2019 Both the WTI and Brent contracts settled lower Monday.
Bill Allowing US to Sue OPEC Moves Forward
Friday, February 08, 2019 Legislation that would allow the US government to sue OPEC for inflating oil prices cleared a key hurdle in the new session of Congress.
Apache Cuts 2019 Upstream Capital Budget
Friday, February 08, 2019 The US E&P has cut CAPEX from $3 billion to $2.4 billion.
Oil Tanker Market Shrugs Off All Concerns and Remains Bullish
Friday, February 08, 2019 The people paid to evaluate the shipping industry's prospects are actually turning a little more bullish.
Sasol Ups Cost of Lake Charles Project
Friday, February 08, 2019 The facility's price tag has gone up by 4.2 to 6 percent.
Schlumberger Board Names COO
Friday, February 08, 2019 Olivier Le Peuch takes the COO role immediately.
Phillips 66 Posts Record Profits
Friday, February 08, 2019 Phillips 66 followed rival refiner Valero Energy Corp. in blowing away investors with an earnings beat.
How Does Blockchain Technology Fit into Oil and Gas
Friday, February 08, 2019 Let's just say blockchain may only be as strong as its weakest link. Need help understanding it? Read on...
US Adds Seven Oil Rigs
Friday, February 08, 2019 The US saw an addition of seven oil rigs this week but saw a decline in gas rigs.
Crude Oil Reverses Course
Friday, February 08, 2019 Oil prices changed direction this past week.
Oil Resumes Drop
Thursday, February 07, 2019 Oil resumed its drop as rising U.S. production and concern over the global economic outlook countered a decline in American fuel inventories.
Big Oil Proves Crude Price Is Just a Number
Thursday, February 07, 2019 The crude market had its worst quarter in 4 years but you wouldn't be able to tell by looking at Big Oil's stellar earnings numbers.
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