Reuters

Jan 9 (Reuters) - SandRidge Energy Inc's biggest shareholder, Carl Icahn, called on Tuesday for the replacement of two directors and the removal of a poison pill barring individual shareholders from accumulating more than 10 percent of the U.S.



US Crude Hits 3-Year High As Prices Climb In Tight Market
Oil prices edged higher on Tuesday, with US crude touching its highest since December 2014.

Reuters

NEW YORK, Jan 9 (Reuters) - Oil prices edged higher on Tuesday, with U.S.



EIA: US Oil Output To Hit Record Over 11 MMbpd By End Of 2019
US crude oil oil rig flanges gulf coast production is expected to climb to more than 10 million bpd early in 2018, reaching that milestone for the first time since 1970.



Europe will resume its role as a global gas sink from 2018-2020, absorbing surplus volumes of global LNG as supply growth outstrips demand.

That is the view of oil and gas analysts at BMI Research, who stated in a recent report that the region’s ‘large and liquidly traded’ gas hubs, strong pipeline interconnectivity, extensive regasification capacity, substantial volumes of flexible supply and price responsive demand will enable Europe to adopt this position.



Reuters

SEOUL, Jan 8 (Reuters) - A tanker carrying Iranian oil that collided with a Chinese freight ship in the East China Sea over the weekend was still ablaze on Monday morning, a South Korean coast guard official told Reuters.



(Bloomberg) -- For Big Oil, the U.S. tax overhaul is turning out to be a mixed bag, especially for companies that drill overseas.

Two weeks after President Donald Trump and congressional Republicans passed a sweeping rewrite of the tax code that cuts corporate rates, drillers are finding other changes that are less of a boon.



Reuters

BAGHDAD, Jan 8 (Reuters) - Iraq's parliament voted on Monday to ban Kurdish engineering firm Kar Group from operating Kirkuk's oilfields, following Iraq's recapture of the Kurdish-held oil region in October.



The UK’s Oil & Gas Technology Centre (OGTC) is investing $1.8 million (GBP 1.3 million) in four well plugging and abandonment (P&A) projects, which are expected to help drive an industry commitment to reduce decommissioning costs by a minimum of 35 percent.



Oil Toys With $62 Amid Iranian Friction, US Drilling Pullback
Oil rose, clinging to last week's gains as political tensions in Iran and declining exploration work in the US threatened output growth.



Reuters

LONDON, Jan 8 (Reuters) - A oil rig flanges gulf coast production issue affecting the Chevron-led Angola liquefied natural gas (LNG) gulf coast oil rig export facility has prompted the cancellation of a tender to sell a spot cargo that was due to load this week, buy Wellhead market sources said.


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