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Latest:
  • U.S. judge voids 80 million acres of offshore oil and gas leases
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues
  • Brent hits $90 for first time since 2014 on supply jitters
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals
  • Iran bases its 2022 budget on $60 oil
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NewsProductionSpillage
August 17, 2019 admin

Canadian petroleum agency approves Hibernia platform restart following spill

Reposted from WorldOil.com ST. JOHN’S, NEWFOUNDLAND – The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) issued approval to Hibernia Management

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Oil news
August 16, 2019 admin

Well-safe Solutions awards contracts for dedicated P&A rig

Reposted from WorldOil.com ABERDEEN – Well-Safe Solutions has awarded two multi-million-pound contracts to continue the transformation of the Well-Safe Guardian,

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Oil news
August 16, 2019 admin

OPEC sees ‘somewhat bearish’ oil outlook even as market tightens

Culled from WorldOil.com LONDON (Bloomberg) – Global oil markets face a “somewhat bearish” outlook for the rest of the year

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Oil Crisis
August 16, 2019 admin

Oil heads for weekly gain as trade war headlines whipsaw market

Reposted from WorldOil.com SINGAPORE (Bloomberg) – Oil headed for a weekly increase as hopes that the U.S. and China could

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Production
August 16, 2019 admin

Norway’s offshore production beats July forecast, still down for the year

Culled from WorldOil.com OSLO – The Norwegian Petroleum Directorate’s preliminary production figures for July 2019 show an average daily production

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Oil Crisis
August 16, 2019 admin

China’s biggest energy company shuns Venezuela oil on tighter U.S. sanctions

Reposted from WorldOil.com HOUSTON (Bloomberg) – China’s biggest energy company is backing away from direct purchases of Venezuelan crude as

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Oil Deals
August 16, 2019 admin

API: Total U.S. petroleum demand in July highest since 2005

Culled from WorldOil.com WASHINGTON – Total U.S. petroleum demand averaged 20.8 MMbpd in July 2019, which represented a 0.9% year-over-year

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Laws & Regulations
August 16, 2019 admin

Frac companies get fresh hope UK government will loosen rules

Reposted from WorldOil.com LONDON (Bloomberg) – A change of British government has given the much-maligned fracing industry another opportunity to

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Market Price
June 28, 2019 admin

OPEC keen to extend cut, Russia is cautious

By Worldoil.com LONDON (Bloomberg) –For an OPEC+ meeting in which the key decision over an output-cut extension is supposedly “in

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Oil Deals
June 28, 2019 admin

GulfSlope Energy launches shallow prospect program in the Gulf of Mexico

Reposted from WorldOil.com HOUSTON — GulfSlope has announced the execution of a letter of intent with a privately held oil

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Latest News

  • U.S. judge voids 80 million acres of offshore oil and gas leases January 28, 2022
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues January 27, 2022
  • Brent hits $90 for first time since 2014 on supply jitters January 26, 2022
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals December 12, 2021
  • Iran bases its 2022 budget on $60 oil December 12, 2021
  • Pemex plans to cut oil exports to meet domestic fuel demand December 10, 2021
  • Shell investors endorse UK headquarters move December 10, 2021
  • Biden halts federal aid for overseas fossil fuel projects – with plenty of exceptions December 10, 2021
  • Seeq signs industrial digitalization agreement with Saudi Aramco December 9, 2021
  • Canada’s oil output may start declining in 2032, regulator says December 9, 2021

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