French oil services company Bourbon said on Thursday that any rebound in oil and gas prices will take a while to reach companies in the offshore marine sector because of Continue Reading
Manufacturing, an economic backstop in shale-rich Texas, is witnessing a drop in payrolls in an otherwise mixed bag, the Federal Reserve Bank of Dallas said. “Employment reports varied across sectors,” Continue Reading
High-sulfur crude not suitable for its refineries: Dongming Chinese refiner gets more than 50% of oil from Africa, Latam OPEC’s biggest producers are playing second fiddle to smaller suppliers in Continue Reading
Suncor Energy Inc., SU -0.58 % Canada’s largest oil producer, is in talks with government officials for permission to “strand,” or abandon, some high cost and greenhouse gas-intensive crude-oil deposits, Continue Reading
A U.S. judge on Wednesday halted a plan to allow fracking on public lands in central California, saying a federal agency’s environmental plan should have taken a “hard look” at Continue Reading
Benchmark North Sea Brent crude oil spot prices averaged $46/barrel (b) in August, a $1/b increase from July. This was the fourth consecutive month in which Brent spot crude oil Continue Reading
An Apache worker at a drilling rig in the Permian Basin last year. The company… Apache Corp. APA 0.74 % says it has discovered the equivalent of at least two Continue Reading
EIA WTI, Brent 2016 oil price forecasts rise from August outlook The forecast drop in U.S. oil output just got a little less steep. The Energy Information Administration boosted its Continue Reading
Driller sees 75 trillion cubic feet gas, 3 billion oil barrels Alpine High field still faces infrastructure challenges Apache Corp. said it’s made an “immense” oil and natural-gas discovery in Continue Reading
Oil supply and demand are rebalancing and the market may even have started drawing on the large overhang of crude and product stocks, top industry executives said during opening addresses Continue Reading
