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Saudi Arabia is taking no chances with the longshot NOPEC bill, hiring former Solicitor General Ted Olson as a lobbyist to campaign against the act.
The IEA warns that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela.
The race is on to become Norway's biggest non-state oil company.
(Bloomberg) -- The race is on to become Norway’s biggest non-state oil company.
Hurricane Energy says the installation of subsea umbilical, risers and flowlines for the Lancaster Early Production System has been 'successfully completed'.
October WTI fell by 2.5%, erasing earlier gains this week.
The October WTI fell by 2.5 percent Thursday, erasing earlier gains this week.
NAIROBI, Sept 13 (Reuters) - China Communications Construction Co has won a $398 million contract to build a new oil terminal at Kenya's main port of Mombasa, the acting head of the Kenya Ports Authority said on Thursday.
UK Union Members Emphatically Reject Revised Total Pay Offer | Gulf Coast Oil Rig Equipment & Repair
UK union Unite says its members have 'emphatically rejected' a revised pay offer by Total.
UK union Unite has stated that its members have “emphatically rejected” a revised pay offer by Total.
After supplying Europe's biggest economy with natural gas for more than 4 decades, Norway is preparing to defend its share as the world's biggest producers all vie for a larger slice of the $21 billion market.
Oil producers in the Permian appear to be worried that key pipeline projects to boost takeaway capacity from the region might not hit their 2019 targeted start-up dates.
OPEC further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside.
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