BEIJING, May 19 (Xinhua) -- The first crude oil from Myanmar has reached China via the China-Myanmar crude oil pipeline, China National Petroleum Corporation (CNPC) announced on Friday. The oil reached Ruili, a city of Yunnan Province borde......【More】
2017-05-24THIBODAUX, Louisiana -- Lori LeBlanc, executive director of the Gulf Economic Survival Team, issued the following statement today on the appointment of Louisiana Public Service Commissioner and former Louisiana Department of Natural Resourc......【More】
2017-05-23KUWAIT and LONDON (Bloomberg) --OPEC officials gathering in Vienna on Friday to prepare for next weeks ministerial meeting kept their focus on rising U.S. shale oil production, which has been diluting the price impact of their production cu......【More】
2017-05-22RIO DE JANEIRO -- Petrobras and its partners in the BM-S-11 Consortium have started producing oil and natural gas from the Santos Basins pre-salt Lula Sul field. Platform P-66, the first FPSO owned by the consortium and the seventh facility......【More】
2017-05-20HOUSTON -- Crude oil prices have varied widely in the past year, and Anadarko CEO Al Walker doesnt think prices will extend beyond the $50-$60/bbl range before the end of the decade. Walker shared his opinions on the current state of the oi......【More】
2017-05-19RIO DE JANEIRO -- Petrobras net income was R$4.4 billion in first quarter 2017, reversing the loss recorded in the same period of last year. This result reflects the companys outstanding operating performance, despite lower demand for oil p......【More】
2017-05-17TEHRAN, May 11 (Xinhua) -- The U.S. Pall Corporation has reached an agreement with the Iranian Panid Engineering Co. to build a plant for manufacturing filters for Irans oil industry, Tehrans Financial Tribune daily reported on Thursday. Ta......【More】
2017-05-16MOSCOW, May 13 (Xinhua) -- An agreement on oil output cuts reached by major oil-producing countries is likely to be extended for another six months or even longer, Russian Energy Minister Alexander Novak said Saturday. Members of the Organi......【More】
2017-05-15JAKARTA (Bloomberg) --Red tape, rising costs and declining crude prices are throttling exploration in Indonesia, the former OPEC member that now produces less oil than it uses. Only 20% of the 287 onshore rigs operated bycontractors for loc......【More】
2017-05-12COLLEGE STATION -- TDI-Brooks International, Inc. has been selected to perform three site surveys and an Environmental Baseline project in the Caribbean. Two well sites are at a depth of approximately 140 m and a third well site lies in 650......【More】
2017-05-11