NEWS



Industry Highlights
Sep 16, 2019
Analysts have their say on the development.
Sep 16, 2019
Iran said that it will release a UK-flagged oil tanker it has detained for nearly two months.
Sep 16, 2019
Oil posted its biggest ever intraday jump to more than $71 a barrel after a strike on a Saudi Arabian oil facility removed about five percent of global supplies.
Sep 13, 2019
WTI and Brent futures declined for the fourth straight trading day Friday.
Sep 13, 2019
The nation's number of active rigs dropped by 12 this week.
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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