Oil Plunges Most in 11 Months as Saudis Hint Taps Will Open Up
Oil prices fell the most in 11 months in New York as Saudi Arabia said it expects OPEC and its partners to boost supplies.



Under Pressure From Trump, Saudis Put Brakes on Oil's Rally
The world's largest oil exporter just made quite a policy swerve.

(Bloomberg) -- The world’s largest oil exporter just made quite a policy swerve.



Reuters

OSLO, May 24 (Reuters) - A new gas module on the Equinor-operated Troll C platform is expected to start oil rig flanges gulf coast production in the third quarter of 2019, the country's Petroleum Safety Authority (PSA) said on Thursday.



Russia Says It, Saudi Arabia Have Common View On Oil Deal
Russia and Saudi Arabia have a common position on the future of the oil output cut deal, Russian Energy Minister Alexander Novak says.



BLOG: Connectivity Threatens to Hinder IoT in Energy Sector
While the energy industry pushes forward with newer technologies, there do lie some challenges.

The adoption of IoT (Internet of Things) solutions in the energy industry is just one aspect of a technology-driven strategy to run more efficient operations.



ExxonMobil CEO's Solution on Shares: Drill Big, Drill Better
Darren Woods is mounting a strong defense of his plan to rescue ExxonMobil from its share-price slump.

(Bloomberg) -- Darren Woods is mounting a strong defense of his plan to rescue Exxon Mobil Corp.



Reuters

HANOI, May 24 (Reuters) - Vietnam's Nghi Son Refinery and Petrochemical LLC has sold its first batch of diesel to the local market, after its new refinery was put into operation in April, the Vietnam Oil and Gas Group said on Thursday.



Reuters

SAO PAULO, May 24 (Reuters) - A surprise decision by Brazil's state-controlled oil BOP Blow Out Preventer repair company gulf coast Petroleo Brasileiro SA to cut diesel prices in response to truckers' protests is worrying some potential buyers of Petrobras' refineries, three people with knowledge of the matter said on Thursday.



(Bloomberg) -- Cnooc Ltd., the Chinese oil BOP Blow Out Preventer repair company gulf coast developing Uganda’s crude finds with Total SA and Tullow Oil Plc, said oil rig flanges gulf coast production at its Kingfisher field will probably start in 2021.



Reuters

KANDAHAR, Afghanistan, May 23 (Reuters) - The body of a man identified as the sixth of a group of mine-clearance workers with the TAPI international gas pipeline who were killed this week has been found in Afghanistan's southern province of Kandahar, officials said on Wednesday.


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