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Australian oil and gas giant Santos posts record sales

SYDNEY, Jan. 20 (Xinhua) -- The Australian oil and gas giant Santos has edged ahead of its guidance in its fourth quarter report released Friday, with production and sales volumes reaching record levels. Kevin Gallagher, chief executive off......【More】

2017-01-20

Global oil, gas discoveries drop to 70-year low -Rystad Energy

* Oil and gas discoveries drop to 6 bln barrels in 2016 * Companies reserves replacement ratio drops to 10 pct * GRAPHIC: Global oil discoveries (http://reut.rs/2jK3Qwq) By Ron Bousso LONDON, Jan 18 (Reuters) - Oil and gas discoveries aroun......【More】

2017-01-19

UPDATE 2-Norway awards 56 oil and gas licences in mature areas

By Nerijus Adomaitis and Joachim Dagenborg SANDEFJORD, Norway, Jan 17 (Reuters) - Norway awarded 56 offshore exploration licences on Tuesday, matching last years record number, as it seeks to boost output from acreage located near existing......【More】

2017-01-18

Integrated Oil/Refiners:Potential Impacts of BTA

Impacts broadly negative for refiners。 As the post-election euphoria for US refiners surrounding potential tax cuts andRINs relief begins to fade, the increasingly topical Border Tax Adjustment (BTA)has forced investors to consider its im......【More】

2017-01-17

UPDATE 2-N. Dakota oil output seen below 1 mln bbls/day soon -regulator

By Ernest Scheyder Jan 13 (Reuters) - North Dakotas oil production will likely fall below 1 million barrels per day by the end of January due to harsh winter weather and low oil prices, state regulators said on Friday. Crossing that thresho......【More】

2017-01-16

New oil projects to double in 2017, WoodMac says

* Spending to rise 3pct to $450bln after two years of cuts * U.S. shale to get most investment growth * Deepwater projects set to get green light as costs drop * GRAPHIC: Oil project FIDs (http://tmsnrt.rs/2iAE2BQ) By Ron Bousso LONDON, Jan......【More】

2017-01-12

BRIEF-Arcadia Biosciences obtains U.S. FDA GRAS status for SONOVA GLA Safflower Oil

Jan 10 (Reuters) - Arcadia Biosciences Inc (RKDA.O) * Arcadia Biosciences obtains U.S. FDA GRAS status for SONOVA GLA Safflower Oil Source text for Eikon: Further company coverage: (RKDA.O)......【More】

2017-01-11

US STOCKS-Oil drop stymies Dow's march to 20,000; techs send Nasdaq to record

* Oil prices fall over 3 pct, energy sector top index loser * Healthcare deals, tech surge push Nasdaq to record high * Celgene slips as 2016 sales forecast disappoints * Dow down 0.24 pct, SP down 0.15 pct, Nasdaq up 0.33 pct (Updates to e......【More】

2017-01-10

BRIEF-Dril-Quip acquires the Technologies Alliance D/B/A Oilpatch Technologies

Jan 6 (Reuters) - Dril-quip Inc (DRQ.N) * Deal for approximately $20 million * Dril-Quip acquires the Technologies Alliance D/B/A Oilpatch Technologies * Deal funded with cash on hand Source text for Eikon: Further company coverage: (DRQ.N)......【More】

2017-01-09

Lebanon to restart oil, gas licensing round after three-year delay

BEIRUT, Jan 5 (Reuters) - Lebanon intends to restart its first oil and gas licensing round after a three-year delay, the energy minister said on Thursday, hoping to kick-start the development of a hydrocarbon industry. In its first sitting......【More】

2017-01-06