Industry Highlights
Jul 17, 2019
The U.S. has "shot itself in the foot" by pulling out of the nuclear accord with Iran, Foreign Minister Javad Zarif said.
Jul 17, 2019
An oil tanker that had gone missing in the Persian Gulf had technical difficulties and was towed into Iranian waters for repairs, an Iranian foreign ministry official said, according to the ISNA news agency.
Jul 17, 2019
The U.S. plans to brief foreign diplomats based in Washington this week on a new maritime security initiative to protect shipping in the Middle East.
Jul 17, 2019
U.S. President Donald Trump has warned that the U.S.-China trade war can ratchet up further, if the United States wants.
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.