IRVING, TEXAS - ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 Bboe on the Sta......【More】
2019-09-17NEW YORK (Bloomberg) --Some U.S. oil companies are positioned to gain from the attacks on Saudi Arabias facilities over the weekend and an attendant rise in crude prices. The biggest moves could come from U.S. oil companies with a sizable s......【More】
2019-09-16ABU DHABI (Bloomberg) - Egypt expects to begin receiving natural gas from Israel by the end of 2019, the oil minister said, fulfilling a $15 billion deal that will position the North African country as an energy re-export hub on Europes doo......【More】
2019-09-12OSLO (Bloomberg) - Norwegian voters have fired a warning shot at the countrys oil industry. Parties that want to rein in the countrys golden goose made significant gains in Mondays local elections. That raises the prospect of more advances......【More】
2019-09-11TOKYO (Bloomberg) - Oil rose for a fourth day after Saudi Arabias new energy minister signaled that OPEC and its allies will continue with production cuts as the group prepared to gather in Abu Dhabi. Futures added 0.9% after climbing 2.6%......【More】
2019-09-10ABERDEEN - Airborne Oil Gas has been awarded a large contract from a supermajor through Oceaneering International to supply Thermoplastic Composite Pipe (TCP) flowlines for deployment in West Africa. It is believed to be the first TCP solut......【More】
2019-09-04NEW YORK (Bloomberg) - Oil climbed as the U.S. delayed sanctions against Huawei Technologies, offering a hint of progress in its trade war with China, and a drone attack in Saudi Arabia highlighted simmering Middle East tensions. Futures ju......【More】
2019-08-20NEW YORK (Bloomberg) - Crude oil jumped the most since early January as the trade deadlock between the worlds biggest economies showed signs of easing, calming fears that global economic growth would be endangered. Futures surged as much as......【More】
2019-08-14HOUSTON (Bloomberg) - Oil surged to start the U.S. session as investors weighed the latest steps from Saudi Arabia following a selloff earlier in the week. WTI rose as much as 4.1% in New York, but is still on track to lose about 2% this we......【More】
2019-08-12NEW YORK (Bloomberg) - Oil plunged, re-entering bear-market territory, as a surprise increase in American fuel stockpiles fueled worries about a growing glut, feeding into an increasingly dismal economic view. Futures in New York fell as mu......【More】
2019-08-08