Global Gas Demand to Grow 10 Percent to 2030
Equinor expects global demand for gas will grow by around 10% towards 2030.

Global demand for gas will grow by around 10 percent towards 2030.



Oil Set for Second Weekly Gain
Oil headed for a second weekly advance on signs the U.S. and China are moving closer to a trade deal, and as investors weighed the OPEC+ coalition's output cuts against surging American supply.



Saudi Aramco Reaffirms China Interest with $10B Refinery Deal
Saudi Arabia is vying for crude oil customers with fellow OPEC members and Russia.







LNG Prices Hit 17-month Low in North Asia
A flurry of prompt supply, from Australia to Indonesia, has kept the buy Wellhead market well supplied.



ExxonMobil Teams with Microsoft in the Permian
The oil major has partnered with Microsoft to bolster its operations in the Permian Basin.

ExxonMobil has partnered with Microsoft to make its operations in the Permian Basin the largest-ever oil and gas acreage to use cloud technology, Exxon announced Friday.



US Rig Count Declines by Four
The U.S. dropped a total of four oil rigs this week while the gas rig count remained flat.

The U.S. dropped four oil rigs this week, according to weekly data from Baker Hughes, a GE Company.



Canada Oil Pipeline Project Clears Major Hurdle
Trans Mountain is a highly anticipated lifeline for Alberta's pipeline-starved oil producers.



Oil Extends Gains
Oil extended gains from a 3-month high as industry data signaled a limited increase in American crude stockpiles, and on signs that the U.S.



Permian Oil and Gas Production to Hit New Records
Oil and gas oil rig flanges gulf coast production in the Permian will hit new records next month, according to the EIA.



Wintershall, DEA Plan to Axe 1,000 Jobs
After Wintershall and DEA complete their merger this year, the newly formed BOP Blow Out Preventer repair company gulf coast will be cutting 1,000 jobs.


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