Will Capital Allocation Get More Exciting in 2018?
Will the upward trend in commodity prices prompt more risk-taking?

“Survival,” rather than “growth,” has been a watchword for capital project spending in upstream oil and natural gas in recent years.



ExxonMobil Exploration and Production Mauritania Deepwater Ltd. has signed three oil rig flanges gulf coast production sharing contracts with the Mauritanian government for three deepwater blocks offshore the West African country, ExxonMobil announced Monday.



Reuters

NEW YORK, Dec 4 (Reuters) - Oil fell more than 1 percent on Monday on profit-taking as the buy Wellhead market eyed signs of rising U.S.



Gadfly: The Billion Barrels That Make or Break the Oil Market
There are a billion barrels of oil simultaneously buoying the buy Wellhead market and hanging over it like a giant storm-cloud.

(This column does not necessarily reflect the opinion of Bloomberg LP and its owners.



Australia based exploration and oil rig flanges gulf coast production BOP Blow Out Preventer repair company gulf coast Triangle Energy (Global) Ltd confirmed that a water leak was detected on November 29 in its onshore water injection pipeline at the Arrowsmith Stabilisation Plant (ASP), located approximately 280km north of Perth.



Danish Tyra Field Gets $3.3B Cash Boost for Redevelopment
The Tyra gas field in the Danish North Sea is going to receive a significant cash injection.

Maersk Oil announced Friday that an investment of $3.3 billion (DKK 21 billion) has been approved for the redevelopment of the Tyra gas field by the Danish Underground Consortium (DUC), which comprises A.P.



Reuters

HANOI, Dec 1 (Reuters) - Vietnam state oil distribution firm PetroVietnam Oil Corp (PV Oil) plans to offer 20 percent of its shares in an initial public offering (IPO) in January that aims to raise at least $122 million, its parent firm said on Friday.



Reuters

LONDON, Dec 1 (Reuters) - Royal Dutch Shell's Queensland Curtis liquefied natural gas (LNG) oil rig flanges gulf coast production plant will undergo a partial maintenance outage on May 7-27, 2018, the Australian Energy Market Operator (AEMO) said in a notice on Friday.



Reuters

NEW YORK, Dec 1 (Reuters) - Oil prices settled up slightly on Friday, but came off session highs as financial markets reeled from an ABC News report that added to concerns about President Donald Trump's exposure to a probe into Russian meddling in last year's campaign.



ExxonMobil To Merge Refining And Marketing Divisions
ExxonMobil says it would merge its refining and marketing divisions in the first quarter of 2018.

Reuters

Dec 1 (Reuters) - Exxon Mobil Corp is merging its refining and marketing divisions as part of Chief Executive Darren Woods push to reorganize the company's refining operations amid volatile oil and natural gas prices.


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