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Magellan evaluates new Texas oil pipeline

NEW YORK, May 3 (Reuters) - Magellan Midstream Partners LP (MMP.N) is evaluating a new pipeline to transport crude and condensate from the Permian Basin to Corpus Christi in Texas, its top executive said during a company earnings call on We......【More】

2017-05-04

UPDATE 1-Total to explore offshore Senegal for oil and gas

PARIS/DAKAR, May 2 (Reuters) - Total (TOTF.PA) has signed an agreement to explore for oil and gas off Senegals Atlantic coast, boosting the prospect of major oil developments in the West African country. Under the deal Total will explore in......【More】

2017-05-03

UPDATE 1-U.S. Supreme Court sides with Venezuela over oil rigs claim

(Recasts first paragraph, adds background on case, details from decision, paragraphs 2-13) By Lawrence Hurley WASHINGTON, May 1 (Reuters) - The U.S. Supreme Court on Monday tossed out a lower courts ruling that had allowed an American oil d......【More】

2017-05-02

UPDATE 1-Oil major Total approves first major project since 2014 as Q1 profits jump

* Totals Q1 net profit jumps 56 percent year-on-year * Oil production rose 4 percent in the quarter * Total sanctions Argentina Vaca Muerta shale project * Maintains 2017 guidance stated in February * Dividend 0.62 euros per share By Bate F......【More】

2017-04-28

COLUMN-Drilling costs rise as U.S. oil, gas activity picks up: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) * Chart 1: (http://tmsnrt.rs/2q6RNzc) * Chart 2: (http://tmsnrt.rs/2oL30Sg) * Chart 3: (http://tmsnrt.rs/2oLo37c) * Chart 4: (http://tmsnrt.rs/2p 3G EOl) By John Kemp......【More】

2017-04-27

GE, Halvorsen TEC consortium to supply seawater sulfate removal unit for Johan Castberg

TREVOSE, Pennsylvania -- Marking a commercial milestone in process water treatment for the offshore oil and gas industry, Norwegian oil and gas company Statoil has selected a consortium led by GE Water Process Technologies and Halvorsen TEC......【More】

2017-04-26

CANADA STOCKS-TSX futures gain as oil prices rise

April 24 (Reuters) - Stock futures pointed to a higher opening for Canadas main stock index on Monday as oil prices rose driven by expectations that OPEC will extend output cuts till the end of 2017. June futures on the SP TSX index (SXFc1)......【More】

2017-04-25

DEALTALK-Canada's oil sands acquisition pool dwindles as global firms flee

By Nia Williams and John Tilak CALGARY, Alberta/TORONTO April 21 (Reuters) - As international energy companies retreat from the Canadian oil sands sector because of depressed oil prices, a fast-shrinking universe of potential buyers may lea......【More】

2017-04-24

RPT-ConocoPhillips takes slow, steady route in race for oil profits

(Repeats to additional customers with no changes to text) By Gary McWilliams HOUSTON, April 20 (Reuters) - ConocoPhillips (COP.N) has beaten its 2017 asset sales target less than four months into the year, after shedding $30.8 billion worth......【More】

2017-04-21

CORRECTED-Canada oil sands beefing up defences as wildfire season looms

(Corrects production volumes in eighth paragraph to show Horizon produces 172,000 bpd (not 34,000 bpd) and Sunrise produces 34,000 bpd (not 172,000 bpd) By Nia Williams CALGARY, Alberta, April 19 (Reuters) - Northern Albertas oil sands prod......【More】

2017-04-20