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Mexico oil hedge expected to continue with president-elect, adviser says

MEXICO CITY (Bloomberg) -- Mexicos new government will probably continue hedging the countrys oil output in what is the worlds largest annual oil deal, according to an economic adviser to president-elect Andres Manuel Lopez Obrador. The cou......【More】

2018-07-05

Oil slips after briefly breaching $75 for first time since 2014

NEW YORK (Bloomberg) -- Crude oil fell from its highest level in more than three years in New York on prospects for accelerating supply and as traders curbed bullish bets before tomorrows public holiday. Futures in New York jumped as much a......【More】

2018-07-04

Free oil market to reign in Argentina, new energy minister says

BUENOS AIRES (Bloomberg) -- Argentinas move to a free market for energy prices remains on track. A recent decision to cap crude oil prices and limit fuel price gains in order to stem inflation was an outlier, according to Javier Iguacel, th......【More】

2018-07-03

Texas oil and gas production statistics for April 2018

AUSTIN Production for April 2018 as reported to the Railroad Commission of Texas (Commission) is 83,157,720 barrels of crude oil and 548,754,930 mcf (thousand cubic feet) of total gas from oil and gas wells. These preliminary figures are ba......【More】

2018-07-02

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