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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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Oil Crisis
June 23, 2019 admin

Oil gains as new sanctions set to ratchet up pressure on Iran

By WorldOil.com SYDNEY (Bloomberg) — Oil extended its rally after the U.S. said it was preparing new sanctions against Iran, further

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Oil Crisis
June 23, 2019 admin

A U.S.-Iran conflict could impact gas markets much more than oil

From WorldOil.com SINGAPORE (Bloomberg) — A potential conflict between the U.S. and Iran could be far more disruptive for liquefied

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News
June 21, 2019 admin

Aqualis completes acquisition of Braemar Technical Services

From Worldoil.com OSLO — Aqualis ASA, the parent of marine and offshore engineering consultancy Aqualis Offshore, has today successfully fulfilled

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Production
June 21, 2019 admin

New OBM well treatments increase production, water injectivity offshore Middle East

Reposted from WorldOil.com GUILDFORD, England — Cleansorb, a provider of patented chemical well treatments that enhance hydrocarbon production for the

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Oil Deals
June 21, 2019 admin

Maersk Drilling completes sale of jackup Mærsk Giant

From WorldOil.com COPENHAGEN — Maersk Drilling has completed the sale of jack-up rig Giant (formerly named Mærsk Giant) to the

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Photo: Moundville Power LNG map.
Production
May 26, 2019 admin

Natural gas beat coal in second biggest coal-producing state in U.S.

From WorldOil.com WASHINGTON (Bloomberg Opinion) — The U.S. has quietly passed another landmark in the transformation of U.S. energy production.

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Photo: APOP Engineering, U.S. Department of Transportation.
Production
May 26, 2019 admin

Heavy oil shortage hinders U.S. refiners, just as summer driving begins

Culled from WorldOil.com NEW YORK (Bloomberg) — A global shortage of heavy crude will create hurdles for America’s key refining

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Photo: Schlumberger Limited Chairman and CEO Paal Kibsgaard.
Exploration
May 26, 2019 admin

Schlumberger, Halliburton took a bit of a hit as shale patch tightens belt

From WorldOil.com HOUSTON (Bloomberg) — Schlumberger Ltd. had its debt rating lowered by S&P Global Inc. as belt-tightening in the

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Photo: Canada Prime Minister Justin Trudeau.
Laws & Regulations
May 24, 2019 admin

Trudeau’s pipeline expansion gets boost from court ruling

From WorldOil.com VANCOUVER (Bloomberg) — Prime Minister Justin Trudeau’s bid to complete the controversial Trans Mountain pipeline expansion has received

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Photo: (right) Ryan Lance, chairman and CEO, ConocoPhillips during the AIPN Summit.
Market Price
May 24, 2019 admin

Oil & Gas leaders look for cost reduction and efficiency gains

From WorldOil.com HOUSTON — Speaking at the closing of the AIPN 2019 International Petroleum Summit (IPS), Ryan Lance, chairman and

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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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