NEWS



Industry Highlights
Oct 14, 2019
The WTI and Brent crude oil benchmarks on Monday largely erased the more than two-percent gains they posted at the end of last week.
Oct 14, 2019
Greenpeace activists boarded two Shell offshore platforms in the Brent field in the U.K. North Sea to protest decommissioning plans they claim will leave "hazardous oily sludge" in the sea.
Oct 14, 2019
Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook.
Oct 14, 2019
Nigeria began preliminary talks with international oil companies to settle a dispute over revenue.
Oct 11, 2019
WTI and Brent crude oil prices posted solid gains Friday following reports of more unrest in the Arabian Peninsula region.
Oil and Natural Gas News
Jun 17, 2019
Two bills making the oil and gas industry anxious have survived in the Canadian Senate—one less damaging than its original version and one not.
Jun 17, 2019
In what seems to have become an annual ritual, Pennsylvania Gov. Tom Wolf (D) announced a seemingly new infrastructure development program on June 5 that would rely on his usual proposed revenue source.
Jun 17, 2019
As part of its earlier cooperation agreement with state-owned Sonangol EP, Eni SPA has let a contract to a subsidiary of Maire Tecnimont SPA for an upgrading project involving installation of two new processing units as well as other utilities and offsite…
Jun 17, 2019
A joint venture of Santos Ltd. and Carnarvon Petroleum Ltd. has confirmed a “major” oil and gas discovery with the Dorado well, drilled in the Bedout subbasin about 160 km offshore Port Hedland, Western Australia.
Jun 17, 2019
Brent crude oil spot prices are expected to average $67/bbl this year, which is $3/bbl lower than forecast last month in the US Energy Information Administration’s Short-Term Energy Outlook.

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