Brace for another round of petroleum price hikes

Be prepared to see another round of oil price hikes when you gas up starting the first hour of...

Company leaders expect strong 2017 for West texas oil

After weathering a two-year bust, it appears 2017 will be a busier year in the oil field.

New Year prediction: The permian gets more productive as oil stabilizes

The Permian gets more productive as oil stabilizes. By Arnessa Garrett, The Dallas Morning News ...

Indonesia soon to contribute to development of iran oilfields

Indonesian President Joko Widodo says Indonesia will soon contribute to development of Ab...

Victoria Oil and Gas update on drilling in Cameroon

The Company is pleased to provide an update on both the gas pipeline expansion and ongoing...

Shell completes the sale of Shell refining Company in malaysia

Shell has completed the sale of its 51% shareholding in the Shell Refining Company (Federation of...

Russia resurgent: Oil sees a turnaround in 2016

The year started poorly for Russia, but it has certainly ended well. In January, the price of oil...

Shale Gas Is Back With This $2 Billion Acquisition

Shale Gas Is Back With This $2 Billion Acquisition. A nearly $2 billion natural gas ...

U.S. operators extend revival as oil trades close to 17-month high

Oil explorers added rigs for the eighth straight week, extending a ramp-up of activity in the U.S.

Oil advances as iraq signals compliance with output accord

Oil rose to the highest close in more than a week as Iraq signaled that it would adhere to the...

Russian Oil: Cutting Against Projected Growth

Russia has pledged to OPEC and other Non-OPEC countries to cut its oil ...

A new world order is emerging in natural gas

After several years of low prices and serious capex cuts, oil major BP is looking to...

OPEC deal makes oil investors most bullish since slump began

Investors are the most optimistic on oil since the slump began two and a half years ago.

Obama Blocks Offshore Drilling In Arctic, Atlantic Oceans

A new order from President Obama means millions of acres of federal waters are no longer...

Oil Inches Higher after API reports significant Draw To U.S. Crude Inventories

Oil Inches Higher After API reports Significant Draw To U.S. Crude Inventories.

Shell agrees sale of Australia aviation business to viva Energy

Shell agrees sale of Australia aviation business to Viva Energy...

Can the tap Pipeline Survive The Italian referendum Results?

The recent Italian referendum saw the rejection of sweeping ... that may have a significant...

Trump may Widen Rift With saudi arabia

Donald Trump could widen the rift with Saudi Arabia as the Saudis are reconsidering the Aramco...

Iran Launches New gas pressure Stations

Iran has set in motion three new pressure booster stations since the beginning of the current...

OPEC secretary general Congratulates El-Badri on Platts Award

OPEC Secretary General, HE Mohammad Sanusi Barkindo, has congratulated former OPEC Secretary...

Shale tsunami: the virtual pipeline funnelling oil to Europes shores

But although the flow of ethane into Europe from the US is on the rise, ....

Petroleum cleanup guidelines update eyed by state regulators

Alaska officials are working to revise decades-old protocols to be used in the event of...

Natural Gas Inventories See unusually strong Draw

Natural Gas Inventories See Unusually Strong Draw OilPrice.com. The storage report is bullish as...

U.S. operators add twelve oil rigs in permian basin

Operators in the U.S. put 12 more oil rigs in the field this week, according to the latest data...

Iran’s Crude Exports To Tumble To Five-Month Low In december

In a sign that Iran may not be able to keep up its oil production on a continued growth curve, ...

Latin American Energy Outlook: natural gas Leads The way

Latin America, in contrast to other parts of the world is banking on natural gas as ...

Shell Launches Production At New Malaysian Field

Shell has begun commercial production at the Malikai deepwater field off the Malaysian coast,...

Maersk Oil cuts Culzean prices by $500 million in north sea

Maersk Oil has cut costs on its Culzean development in the UK North Sea ...

Oil Falls As API Reports a significant Build To Crude, gasoline Inventories

Oil prices fell on Tuesday after the American Petroleum.

OPEC Cuts Begin: UAE’s Oil Firm to cut january Deliveries

In a first visible sign that at least some OPEC cuts are underway, ....

Russia Delays Meeting With Oil Producers On Cuts

Russia Delays Meeting With Oil Producers On Cuts.

Oil seen headed to $60 as Saudis signal deeper output cuts

Oil Seen Headed to $60 as Saudis Signal Deeper Output Cuts. by ... OPEC

Non-OPEC Oil Producers seemingly to cut Output by over 0.6mbd

Russia along with a number of non-OPEC crude oil producers have agreed to cut their output by...

Shale revolution that shocked U.S. markets heads to Japan

The U.S. shale revolution that turned North American energy markets upside down is finally headed...

Trump’s Transition Team memo Points To Major Shift In U.S. Energy Policy

The transition team of President-elect Donald Trump has asked 65 questions of the Department of...

EU Hosts Russia-Ukraine Gas Talks To Secure Winter provides

The European Commission is hosting on Friday a trilateral meeting with Russia and Ukraine in a...

PDC Energy Closes Core Delaware Basin Acquisition

Closing price of approximately $1.5 billion, subject to certain post-closing adjustments....

Oil slides on rising U.S. supply outlook, follow-up opec talks

Oil fell in New York on speculation that OPEC production cuts will bolster U.S. shale production,...

Mexico Eyes Higher Oil Output Than venezuela, Brazil

With the liberalization of the energy sector, Mexico signs nine major drilling contracts and ...

Australian Firm Steps Up Oil Drilling Plans In Cuba

plans to speed up drilling in Block 9 in Cuba,encouraged by the prospect resources identified in...

Oman to Announce Oil Output Cuts when vienna Meet

Oman to Announce Oil Output Cuts After Vienna Meet. Redirecting... Please click here if the...

Oil Reacts Stoically As API Reports Biggest cushing Inventory Build Since 2008

Oil markets showed little sign of live after the API reported a ... unit rise that was...

2nd Iran Mines and Mining Industry Summit

2nd Iran Mines and Mining Industry Summit

NISOC ceo elated at opec decision

Bijan Alipour sent a letter to Iranian Minister of Petroleum Bijan Zangeneh to express his...

Statoil Re-indexes Engie Contracts

France’s Engie said that it reached an agreement with Statoil on the renegotiation ....

Oil costs fall as production creeps up ahead of announced 2017 output cut

Oil prices fell by one percent on Monday as a higher U.S. rig count unsettled markets amid...

Saudi Arabia Blames iran For Serious Cyber Attacks

Saudi Arabia is still investigating the attack, but it has said that the digital evidence so far...

Winter Pushes Gas prices Up

Natural gas prices increase after 50 BcF draw in storage inventories. Withdrawal is expected ...

OPEC deal can work, however ‘We tend to cheat’ Al-Naimi says

Ali Al-Naimi, the former oil minister of Saudi Arabia, warns not to take the .Studies – Al-Naimi...

BP Ups Investment in Gulf of mexico as Oil prices Continue Recovery

BP Ups Investment in Gulf of Mexico as Oil Prices Continue Recovery ...

Brent heads for biggest weekly advance since 2009

Brent oil is headed for its biggest weekly gain since 2009 after OPEC approved its first supply...

Shell to start feeling Norway heat on Ormen lange gas project

Oil and gas giant Royal Dutch Shell (RDSa.L) could restart work on offshore compression ....

Australia says huge oil did not pay billions in taxes

Tax avoidance by multinational oil and gas companies

Hurricane Energy signs agreement to be used of FPSO at Lancaster field

Hurricane Energy has announced that it has signed Heads of Terms with Bluewater Energy Services...

Norwegian fund coming to america to assess DAPL

Norway’s pension fund (KLP) has become the newest in a very string of indirect investors ....

GE Oil and Gas has made a $25-million investment in Tellurian Investments

Tellurian Investments Inc. announced today that GE Oil & Gas has made a $25 million preferred...

Big Oil Faces 200 climate change Resolutions Next Year

Exxon, Anadarko, and their peers, together with huge players in different industries ....

Smog-Sucking Towers In China Begin making jewelry Out of Polluting Particles

Smog-sucking towers within the Chinese capital city have filtered ten beijing National Stadium’s...

Iran said to assess 1.1 MMbpd collective opec cut

Iran is assessing a proposal for a collective opec output cut ....

Realtor turns oil producer as india eyes domestic production boost

A drugmaker, a true estate developer and an edible company are among firms answering India’s call...

Saudis sink Russia oil talks as Opec deal hangs within the balance

OPEC nations together with Russia as disagreements concerning how to share the burden of provide...

China To Receive Second shipment of American natural gas

A port city in China is ready to receive the second shipment of shale gas from the u. s., ...

Low Oil prices still Widen Algeria’s trade deficit

Algeria’s trade deficit increased to US$15.8 billion in 2016 as of october ...

Iraq says it will participate in opec deal to cut output

Iraq can shoulder a part of the burden of oil-output cuts, said Prime Minister Haider Al-Abadi ....

Exxon Starts Drilling Offshore west africa

ExxonMobil Exploration and Production liberia limited, an affiliate of ExxonMobil ....

Canadian operators seen boosting drilling next year

The Canadian Association of Oilwell Drilling Contractors (CAODC) has released its 2017 drilling...

Oil Slips once API gasoline Inventory Build, Minor Crude Draw

This week’s american petroleum Institute (API) report shows a 2.68 million barrel gasoline build...

Trump’s day one vow will alter energy rules however not market forces

President-elect Donald Trump will deliver on his promise to remove restrictions on U.S. energy...

OPEC quota talks finish 1st day as optimism on output deal grows

Oil traders and analysts grew a lot of confident that opec can reach a deal to curb world...

Talos Energy brings Tornado discovery on-line

Talos Energy has announced initial production from the Tornado exploration project...

Potential Dakota Access Pipeline Merger Sees Stock Fall 8 %

the company behind the controversial Dakota Access Pipeline – caused stock costs for each firms...

Obama Blocks Drilling Off west coast, Arctic Waters In Last Month Of Presidency

the waters of the Arctic close to alaska and therefore the pacific coast of california,...

LORC gasoline Output to Hit 2.8m Liters/D by March 20

gas and gasoline products of LORC are going to be at the standard- level and euro 4 in quality.

Drillers add most rigs in sixteen months amid market optimism

Growing confidence that crude costs can rise in coming months is sustaining the expansion of oil...

OPEC-Russia oil talks leave key details unresolved

OPEC said it created progress toward a deal to chop production by quite one MMbpd when another...

Tesco names John Gatlin as senior V.P and COO

Tesco Corporation has appointed John Gatlin as senior V.P. and COO,...

U.S. shale drillers poised to take hold of worldwide gas market

Shale drillers within the U.S. are about to tighten their grip on the world natural gas market.

DNO Inks Cooperation Document with NIOC

Norwegian oil and gas operator DNO ASA inked a memorandum of Understanding ....

Warren Buffett Dumps Oil Sands giant Suncor

Berkshire Hathaway’s third-quarter regulatory filings show that the Warren Buffet-owned firm has...

U.S. to send a record volume of shale gas overseas

The U.S. is ready to export a record number of cargoes of shale gas this month.

Exxon Negotiating With Chad Over Court-Imposed $74B Fine

Exxon Mobil (NYSE:XOM) is in talks with Chad’s government ...

Oil costs Resilient Despite API reported Crude Inventory Build

A larger than expected API reported build in United States crude inventories caused West Texas...

Permian oil riches rise as U.S. sees reserves worth $900 billion

In a troubled oil world, the permian basin is that the gift that keeps on giving.

After A String Of Setbacks, the giant Kashagan Field Is Showing Results

After a rough begin, the blood sweat and tears poured ....

OPEC said to begin final diplomatic push to heal oil-cut divide

OPEC nations embarked on a final diplomatic effort to secure a deal on oil cuts, with Qatar,...

Iran pumps a lot of oil as Saudi’s call for opec output cuts

Iran boosted oil output at 3 western fields quicker than it expected as rival opec producer saudi...

Harold Hamm named Chief roughneck by U. S. Steel tubular products

Harold G. Hamm, chairman and ceo of Continental Resources, was named the recipient of the 2016...

Manufacturers suggested to make Key Oil items

Iranian manufacturers of oil industry items ought to manufacture high demand the oil industry...

Oil hits seven-week low on output growth

Oil dropped to all-time low in virtually 2 months in new york on rising opec output after a...

Chevron’s $54B gorgon Nat gas plant pack up once more

Chevron’s $54-billion gorgon liquefied natural gas plant in Australia was shut down for a third...

Oil tankers used to store millions of barrels as land sites fill

Oil firms reserved tankers to store as several as 9 MMbbl of crude in northwest Europe amid signs...

American voters have spoken, energy won the 2016 election: API

API President and ceo Jack Gerard said american voters of all political stripes in agreement that...

Glut Fears Spike As Europe Runs Out Of On-Land Oil Storage

Oil majors in northwest Europe have booked tankers to store 9 million barrels of oil because the...

The Second Oil And Gas ipo Since The Crash

Wild Horse Resource Development corp, an freelance oil and gas field operator centered on the...

Militants blow up Forcados Pipeline In nigeria For The Third Time in a Week

Nigeria’s most notorious militants sabotaging oil infrastructure ....

Trump Presidency may Jeopardize Iran’s New Oil Contracts

Last month, iran invited international E&P companies to start out pre-qualifying for bidding...

UK Quietly Deploys warship to protect Oil Shipping Off yemen

The UK has deployed its most advanced warship to protect business shipments ....

Instability awaits if oil output cuts don’t go ahead, opec head warns

OPEC’s chief warned of prolonged instability within the oil market ...

One U.S. state wherever natural gas production remains going strong

Gas output from Ohio, home to the Utica shale formation, jumped 13 in August whilst provides...

Oil costs Down As API Reports yet one more Crude Build

The latest american petroleum Institute (API) report shows a crude oil build over double larger...

Eni urges non-OPEC nations to cut output, sees profit at $50 oil

Eni’s ceo called for oil producers outside opec to hitch the cluster in cutting production to...

Oil rebounds before U.S. election, earthquake shakes Harvey Cushing

Oil rebounded earlier than the U.S. election amid a broader market rally driven by an Federal...

Feeling The Oil Crunch: saudi arabia Cancels $266 Billion In projects

Saudi Arabia’s governing economic body known as the Council of Economic and Development Affairs...

An oil and gas success story shines through turbulent market

Oil and gas market leaders, politicians and academics gathered at the globe Energy Congress in...

An oil and gas success story shines through turbulent market

Oil and gas market leaders, politicians and academics gathered at the globe Energy Congress in...

Trade body calls on uk Government to recommit to oil and gas industry

Oil & Gas UK wants Chancellor Philip Hammond to use his Autumn Statement to help boost investor...

IOOC Compiles Package of Investment in Development of Oil, Gas Fields

The package of investment within the integrated project for development of the oil and gas fields...

Oil caps biggest weekly decline since january

Oil capped the largest weekly loss in virtually 10 months as hopes faded that opec are able to...

Petroleum dealers decision off nov 15 strike

The dealers were attending to decision off operations to demand a better commission from oil firms.

Tehran plant new gasoline production unit before long operational

The new gasoline production unit of tehran oil refinery are going to be before long operational.

Big Three’s Shrinking in China has a lot of to travel as payment Lags

China’s oil output slump shows no signs of abating as the country’s state-run energy giants hold...

Foreign Investors Flock Asian country Industrial comes

Investors from seventeen countries have supported 124 industrial comes in Asian country ever...

Iran Resumes Gas Exports to Turkey

Iran has resumed gas exports to Turkey following a Turkish opposition blast within the pipeline...