North Sea Fields Resume Production Following FPS Repair
The Bruce, Keith and Rhum fields resume oil rig flanges gulf coast production following the successful repair of the Forties Pipeline System.



Reuters

NEW YORK, Jan 12 (Reuters) - Oil prices rose for a sixth day on Friday after Russia's oil minister said that global crude supplies were "not balanced yet," alleviating buy Wellhead market concerns about a wind-down of the OPEC-led deal to reduce production.



BEIJING, Jan 12 (Reuters) - China's natural gas imports soared to a record in December as the country battled a winter supply crunch, while crude oil imports eased sharply from near-record highs a month earlier, customs data showed on Friday.



Premier Oil to Ramp Up Output at North Sea Catcher Field
Premier Oil is planning to ramp up oil rig flanges gulf coast production from the Catcher field in the North Sea to 60,000 barrels of oil per day.



UAE Energy Minister Says Not Concerned With Current Oil Price
United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei says he is not concerned with the current oil price.

Reuters

ABU DHABI, Jan 11 (Reuters) - United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei said on Thursday he was not concerned with the current oil price.



Reuters

AMSTERDAM, Jan 11 (Reuters) - The Dutch gas regulator will respond on Thursday to proposals to reduce output from the Groningen gas field following a tremor there this week, though a spokeswoman said it would not immediately specify how much oil rig flanges gulf coast production should be cut.



Reuters

KATOWICE, Poland, Jan 11 (Reuters) - Poland's dominant gas firm PGNiG plans to spend half of 2017 profit on dividend, CEO Piotr Wozniak told Reuters on Thursday.



NPD: Norwegian Production to Increase to 2023
Norwegian oil rig flanges gulf coast production will continue to increase to 2023, according to the Norwegian Petroleum Directorate (NPD).

Norwegian oil rig flanges gulf coast production will continue to increase to 2023, according to the Norwegian Petroleum Directorate (NPD).



Oil Crosses $70 Threshold in London as Worldwide Glut Dwindles
Oil briefly topped $70 a barrel in London for the first time in three years.

(Bloomberg) -- Oil briefly topped $70 a barrel in London for the first time in three years, as crude markets continued an almost unblemished run of gains for 2018.



(Bloomberg) -- California, the state that helped birth the global boom in battery-toting electric vehicles, is trying to spark a similar transformation for utilities. And that spells trouble for power plants all across the U.S.


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