Oxy Begins Bond Sale to Fund Anadarko Deal
Occidental Petroleum Corp. is selling bonds to help finance its $38 billion acquisition of Anadarko Petroleum Corp., as debt issuers show faith in Tuesday's buy Wellhead market rebound.



Oil Slumps Into Bear Market
Brent oil slid into bear-market territory, as the U.S.-China trade spat threatened to expand into a currency war and investors despaired about the damage to crude demand.



Trump Imposes New Sanctions on Venezuela
President Donald Trump imposed further sanctions on Venezuela, freezing the government's assets in the U.S. and adding immigration restrictions in a move aimed at stepping up pressure on the regime of Nicolas Maduro.



It Pays to be Thin at Pemex
At Mexico's state-run oil company, skinnier waists mean bigger bonuses.

(Bloomberg) -- At Mexico’s state-run oil company, skinnier waists mean bigger bonuses.



Oil Drops as Demand Fears Dwarf Tanker Seizure
Oil resumed its decline as a sharp drop in the Chinese yuan compounded fears that a deepening trade war will depress demand.



Oil Prices Down Amid Ramped Up Trade War
A new twist in the ongoing US/China trade war placed downward pressure on WTI and Brent crude futures Monday.

A new twist in the ongoing trade war between the United States and China placed downward pressure on West Texas Intermediate (WTI) and Brent crude futures Monday.



Williams, GIP Reportedly Weighing Noble Midstream Bid
The Williams Companies Inc. is working with investment firm Global Infrastructure Partners on a possible offer for Noble Energy Inc.'s midstream unit, according to people with knowledge of the matter.



Texas Oil, Gas in Mild State of Contraction
Texas' upstream oil and gas economy is in a mild state of contraction, according to oil economist Karr Ingham.

Halfway through 2019, Texas’ upstream oil and gas economy is in a mild state of contraction, according to Karr Ingham, petroleum economist for the Texas Alliance of Energy Producers and creator of the Texas Petro Index (TPI).



Saipem Testing Underwater Drone
Saipem's Sonsub division is testing a new subsea robotics technology.

Saipem’s Sonsub division launched its “Hydrone-R” underwater intervention drone on July 1 to begin endurance and qualification tests, Saipem reported Friday.



Oil, Gas Extraction Jobs Decline in July
The U.S. saw a decline of jobs in both oil and gas extraction and support activities for mining.

Mining employment saw a decline of 5,000 jobs for the month of July, according to data released Friday from the U.S.

  1. Oil Prices Rebound but Down for the Week | Gulf Coast Oil Rig Equipment & Repair
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  3. Keystone XL Inches Forward | Gulf Coast Oil Rig Equipment & Repair
  4. Russian Gasoline Makes Long Trek to Venezuela | Gulf Coast Oil Rig Equipment & Repair

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