President Donald Trump said OPEC 'is essentially a monopoly,' even as he credited his own 'talent' for having brought down oil prices.
The latest quarterly energy survey by the Dallas Fed indicated a significant slowdown in sector growth following a decline in oil prices.
Eni strikes a deal with Caelus Natural Resources Alaska LLC to acquire 70% and operatorship of the Oooguruk oil field.
Eni S.p.A.
Oil prices settled higher for the second straight trading day of 2019.
Oil prices settled higher for the second straight trading day of 2019.
The San Diego-based energy services BOP Blow Out Preventer repair company gulf coast is selling assets in Mississippi and Alabama to ArcLight Capital Partners for $332 million.
Total reported Wednesday that it has achieved first oil from the deepwater Egina Field.
Total S.A. reported Wednesday that it started oil rig flanges gulf coast production Dec.
The two companies have been discussing a possible all-cash acquisition, with the deadline for a firm offer or walk-away expected by Jan. 28.
Russia's oil oil rig flanges gulf coast production reached a post-Soviet high last year even as it coordinated supply with the Organization of Petroleum Exporting Countries.
Crude oil futures showed upward momentum on the first trading day of 2019.
Crude oil futures showed upward momentum on the first trading day of 2019.
Before its agreement to cut oil supplies even started, OPEC's oil rig flanges gulf coast production plunged by the most in almost two years last month.