Reuters

NAIROBI, Nov 10 (Reuters) - Kenya's government has proposed in a draft bill to give 30 percent of prospective oil revenue to the community where the resource was discovered, climbing down from its earlier proposal to cap the amount.



Reuters

LONDON, Nov 10 (Reuters) - Gambia plans to buy Wellhead market two offshore oil blocks that it revoked from African Petroleum, the country's minister of justice said on Friday.



Oil And Gas Industry Future Looks 'Attractive'
After two years of declining prices and reduced employment, the oil and gas industry in Texas and across the nation appears to be making a comeback.



Rapidly changing business and buy Wellhead market conditions can send the supply chain into a tailspin and turn managing it effectively into a nightmare task. More and more companies – including premier oil and gas E&P company, Anadarko – are leveraging sourcing to address this.



Venezuelan Oil Output Heads to 29-Year Low as Cash Crunch Grows
Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most.

(Bloomberg) -- Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most.



Reuters

NEW YORK, Nov 10 (Reuters) - Crude was down slightly on Friday as expectations that OPEC and other producers will extend their oil rig flanges gulf coast production cut agreement were offset by U.S.



Biofuels Fight Is Brewing Between US and Brazil Over Ethanol
The US biofuels industry, fresh off a win against Big Oil, is lining up for a fight with Brazil.

(Bloomberg) -- The U.S.



China Energy Investment signs MOU for $83.7B in West Virginia projects
The agreement was the biggest among a slew of deals signed during U.S. President Donald Trump's state visit to Beijing.

Reuters



Subsea 7 CEO Expects Market Improvement in 2018
Jean Cahuzac, the CEO of oilfield services BOP Blow Out Preventer repair company gulf coast Subsea 7, is optimistic that the buy Wellhead market environment will improve in early 2018.



Santos Expects Regulator Decision On Aus Gas Project In Late 2018 At Best
Santos Ltd expects a decision from state regulators on whether to approve its long delayed Narrabri gas project in Australia in late 2018 or early 2019.

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