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Trudeau is set on saving oil pipeline

OTTAWA(Bloomberg) -- Canadian Prime Minister Justin Trudeau and Alberta Premier Rachel Notley have signaled they could put money behind Kinder Morgans Trans Mountain pipeline expansion as they vow to make sure it gets built. Here are ways t......【More】

2018-04-19

Majors bid to burnish credentials in war on climate change

LONDON (Bloomberg) -- The worlds biggest oil companies, for long typecast as villains of climate change, are seeking to reinvent themselves as environmental pioneers. Were not going to be sitting back and say lets see what society does and......【More】

2018-04-18

U.S. offers $25 million cybersecurity grant after pipeline attacks

HOUSTON (Bloomberg) -- The U.S. wants to fund research targeting better cybersecurity for the nations power grid and the oil and natural gas industry, less than a month after web attacks hobbled electronic communications for several pipelin......【More】

2018-04-17

Oil set for biggest weekly gain in nine months amid supply risks

LONDON (Bloomberg) --Oil headed for the biggest weekly advance since July as concern over possible disruption to supply lends weight to signs of a dwindling glut. Futures gained more than 8% this week in New York, buoyed by political tensio......【More】

2018-04-16

New Zealand draws ＂line in the sand＂ with exploration ban

WELLINGTON (Bloomberg) --New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its part in tackling climate change. The government is taking an important step to address climate change an......【More】

2018-04-13

Oil surges to three-year high as Middle East tensions intensify

NEW YORK (Bloomberg) --Crude in London and New York are at the highest levels since 2014 after U.S. President Donald Trump warned Russia to get ready for U.S. missiles to be fired at Syria and Saudi Arabia intercepted a missile over Riyadh.......【More】

2018-04-12

U.S. oil debt eases as drillers target next shale play

HOUSTON (Bloomberg) --U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in new shale assets, particularly the Eagle Ford in Texas. Thats the conclusion of Haynes Boon......【More】

2018-04-11

Vallourec inks long-term agreements with Petrobras

PARIS -- Vallourec has announced that it has signed new contracts for the supply of products and services to the Brazilian national oil company Petrobras. In the framework of these three-year long-term agreements Vallourec will supply Petro......【More】

2018-04-09

Drillers boost rig activity again as crude production soars

HOUSTON (Bloomberg) --Shale drillers boosted drilling activity in the U.S. oil patch to the highest in three years even as American crude output touched unprecedented levels. U.S. working oil rigs rose by 11 this week to 808, the highest si......【More】

2018-04-08

Oil hits three-week high as glut shrinks faster than expected

NEW YORK (Bloomberg) --Crude advanced to a three-week high as the OPEC-led alliance of major oil producers accelerated the timeline for curbing a worldwide supply glut. Futures in New York climbed as much as 2.4% on Tuesday. Global crude su......【More】

2018-03-21