Oil Prices Climb Ahead of US Sanctions on Iran
Oil prices rose on Tuesday as US sanctions squeezed Iranian crude exports.

Reuters

LONDON, Sept 11 (Reuters) - Oil prices rose on Tuesday as U.S.



Free Cash Flow on UKCS Could Be Over $12.9B in 2018
Free cash flow on the UK Continental Shelf could be more than $12.9 billion (GBP 10 billion) this year, for the first time since 2010.



Shippers Fear Engine Failures as Industry is Forced to Upgrade its Fuel
Add oil tankers breaking down at sea to the list of things shipping companies are worrying about as they brace for a once-in-a-generation overhaul to the kind of fuel the industry must consume.



Neptune Field in Russia Sees 1.6-Fold Reserves Increase
Russia's Federal Agency for Mineral Resources has confirmed hydrocarbon reserves at Gazprom Neft's Neptune field at 415.8 million tons of oil, the BOP Blow Out Preventer repair company gulf coast announces Tuesday.



WTI Rises 2.5 Percent on Hurricane Threat
Crude oil and reformulated gasoline surged as three named tropical systems churned in the Atlantic Ocean.

Crude oil and reformulated gasoline surged Tuesday as three named tropical systems churned in the Atlantic Ocean.



(Bloomberg) -- Malaysian state energy BOP Blow Out Preventer repair company gulf coast Petroliam Nasional Bhd. is interested in developing oil blocks in South Sudan, President Salva Kiir’s office said.



EIA Cuts Forecast For 2019 US Crude Production Growth
US crude oil oil rig flanges gulf coast production in 2019 is expected to grow at a slower rate than previously forecast.



Zohr Field Now Producing 2 Bcf Per Day
Eni announces that the Zohr field offshore Egypt is now producing 2 billion cubic feet per day.

Eni SpA announced Saturday that the Zohr field offshore Egypt is now producing 2 billion cubic feet per day (Bcf/d), equivalent to approximately 365,000 barrels of oil equivalent per day.



New Report Predicts When Gas Will Become Dominant Energy Source
New report from DNV GL outlines when gas will overtake oil demand to become the dominant energy source.

Gas will overtake oil demand in 2026 to become the dominant energy source, according to a new report from global quality assurance and risk management company, DNV GL.



ADNOC Seeks to Make Downstream City More Livable
ADNOC has big plans for Ruwais City.

Abu Dhabi National Oil Co. (ADNOC) has big plans for Ruwais City, a community located near the company’s massive – and soon to be more massive – downstream complex at Ruwais.

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