Wood Group, which provides services for energy producers and explorers, said it’s completed design work for the giant Leviathan gas field offshore Israel. The company said it completed its seven Continue Reading
Iraqi media reported a Kurdish paramilitary force occupied the offices of a state oil company in Kirkuk in a show of force over the nation’s oil reserves. Forces loyal to Continue Reading
U.S. engineering services company KBR said it secured a contract for conceptual studies for oil field basins located in the Kazakh waters of the Caspian Sea. The North Caspian Operating Continue Reading
Crude oil exports from Iraq went up by 1 percent to 3.85 million barrels daily in February, despite the OPEC oil production cut that has seen Saudi Arabia and other Continue Reading
The “Black Force” special police unit of the PUK party briefly took over Kirkuk’s IT-1 facility – a sign of deteriorating intra-Kurdish political rivalries. The Jabal Bor production and gas Continue Reading
Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city November 11, 2007. World’s top crude exporter Saudi Arabia cut April prices of light crude Continue Reading
Citi’s Ed Morse Says OPEC Is Losing Its Clout Saudi Arabia continued to lead OPEC’s efforts to cut production, helping the organization get closer to a goal set out in Continue Reading
Saudi Arabian Oil Co. has lowered prices for almost all of its crude grades for April delivery. The world’s largest oil exporter, known as Saudi Aramco, said on Thursday that Continue Reading
Dongming Petrochemical Group’s logo is pictured at its office in Beijing, March 4, 2016. Dongming Petrochemical, China’s largest independent or ‘teapot’ refiner, has signed a deal with privately run CEFC Continue Reading
U.S. crude oil production appears to be rising strongly thanks to increased shale drilling as well as rising offshore output from the Gulf of Mexico. Production averaged almost 9 million Continue Reading
