The Biggest Opportunity Right Now In Oil And Gas
Offshore exploration has been a rare bright spot for the global oil and gas industry lately. Some of the movement in the offshore sector is coming as governments get more Continue Reading
Oil Prices Steady as Market Awaits OPEC Action
Crude futures were steady Monday on a stronger dollar, another weekly U.S. oil-rig count rise and market belief that any momentum gained from OPEC’s agreement to cut production has now Continue Reading
Oil prices fall on latest rise in U.S. drilling
Oil prices fell early on Monday, pulled down by a rising rig count in the United States, record OPEC-output, and slowing global economic growth which could erode fuel demand. U.S. Continue Reading
Oil groups ‘threatened’ by electric cars
Oil companies face a “resoundingly negative” threat from a sharp growth of electric cars, one of the leading credit rating agencies has warned. “Widespread adoption of battery-powered vehicles is a Continue Reading
Nations, Fighting Powerful Refrigerant That Warms Planet, Reach Landmark Deal
It might seem surprising to find the world’s chemical companies on the front lines of preventing climate change , fighting to disrupt their own industries. But in a sweeping accord Continue Reading
Bullish bets on oil highest since 2014: Kemp
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. Continue Reading
Iran: National Oil Company Opens Bidding
National Iranian Oil Company (NIOC) said that it would open bidding for upstream oil and natural gas projects Oct. 17 for the first time since Iran reached a nuclear deal Continue Reading
Kuwait’s acting oil minister expects output ‘understanding’ at November OPEC meeting
Kuwait’s finance minister and acting oil minister, Anas al-Saleh, said on Monday he was optimistic that an understanding on production “at least” would be reached between producers at an OPEC Continue Reading
OPEC Spat Over Production Data Grows as Iran Rejects Estimates
OPEC’s struggle with the first step of its new production deal — agreeing on how much its members are pumping — deepened as Iran became the third nation to openly Continue Reading
Can Iran Sign $10 Billion In Oil Deals Before March?
It has been ten months since the international community lifted sanctions against Iran’s oil and gas sector, paving the way for the country to rebuild its lost production capacity and Continue Reading