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Global natural gas prices rise for first time in two years

LONDON (Bloomberg) --Global natural gas prices are increasing for the first time in two years with demand for the fuel advancing across the world. Consumption of the cleanest fossil fuel is projected to grow under virtually all major scenar......【More】

2018-06-29

World's LNG giant pumping $20 billion into U.S. oil, gas

HOUSTON (Bloomberg) --Qatar Petroleum, the worlds biggest seller of liquefied natural gas, is looking to get even larger, investing $20 billion in Americas oil and gas fields at a time when rival U.S. exporters are expanding. The investment......【More】

2018-06-27

Egypt may have issued last LNG tender, paving way for exports

VIENNA (Bloomberg) --Egypt may have just issued its last LNG tender, setting the stage to resume exports next year. Imports of liquefied natural gas may stop in the fourth quarter, allowing for exports to start early next year as Eni SpAs Z......【More】

2018-06-25

Noia Oil & Gas Conference 2018 comes to a close

ST. JOHNS -- The Newfoundland and Labrador Oil Gas Industries Association (Noia) 34th annual oil gas conference was held this week at the St. Johns Convention Centre. Themed Redefining Oil: The Time is Now, the conference heard from a varie......【More】

2018-06-22

Native sand leader Shale Support purchases two natural mines in Louisiana

HOUSTON -- Shale Support, a leading provider of frac-sand and logistical solutions to the oil and gas proppant market, today announced it has closed on a deal purchasing two natural mines in Kinder and Central Louisiana. This expansion adds......【More】

2018-06-21

OPEC faces a bigger problem in Washington than Trump tweets

VIENNA (Bloomberg) -- American politicians are at it again: punching OPEC. The cartel has often been a bogeyman for U.S. politicians since the first oil crisis in 1973. Now OPEC is facing a renewed political assault in Washington, directly......【More】

2018-06-20

In Icahn-SandRidge tiff, bitter words hide overlapping targets

NEW YORK (Bloomberg) --The oil industrys ugliest battle is heading for a climax in Oklahoma City on Tuesday. But SandRidge Energy Inc. is probably bound for the auction block anyway. Whether SandRidge or activist investor Carl Icahn wins co......【More】

2018-06-19

Oil trades near $67 as Saudi Arabia sees "inevitable" supply boost

LONDON (Bloomberg) --Oil steadied just below $67/bbl as Saudi Arabias energy minister said an OPEC agreement to raise production is inevitable. Futures in New York rose 0.5% after a 1.4% increase in the past three sessions. After talks in M......【More】

2018-06-15

Oil companies ask to throw out New York's climate change lawsuit

MANHATTAN (Bloomberg) --A group of the worlds biggest oil companies asked a judge to throw out New York Citys lawsuit seeking to hold them responsible for costs related to climate change. ConocoPhillips, ExxonMobil Corp. and Chevron Corp. a......【More】

2018-06-14

Oil trades near $66 as OPEC split deepens over production boost

LONDON (Bloomberg) -- Oil traded near $66/bbl as producing countries disagreed over relaxing output curbs and OPEC highlighted the uncertainty over the strength of demand later this year. Futures in New York fell 0.2% after a 0.6% increase......【More】

2018-06-13