Dec 5 (Reuters) - Australian oil and gas producer AWE Ltd said on Tuesday it has received a notice from China Energy Reserve and Chemical Group Australia (CERCG) stating that it has formally withdrawn its bid to buy the company.

(Bloomberg) -- Crude rose as lower OPEC oil rig flanges gulf coast production and signs of shrinking U.S. oil inventories bolstered expectations for an end to the global surplus.

Cheniere Boosts LNG Tanker Fleet Amid Asian Demand Boom
Cheniere Energy expands shipping fleet with a flurry of spot vessel charters to keep up with Asian winter demand growth.



ATHENS, Dec 5 (Reuters) - Italy, Greece, Cyprus and Israel agreed on Tuesday to back the construction of a gas pipeline from newly discovered fields in the eastern Mediterranean to Europe.

HSBC: Important to Turn Positive Sentiment Into Benefits for North Sea
It is important to turn positive sentiment into lasting, tangible benefits for the North Sea oil and gas sector.

It is important to turn positive sentiment into lasting, tangible benefits for the North Sea oil and gas sector.

Oilfield Services Collaboration Set to Continue
The collaboration employed by services and equipment companies in the oil and gas sector during the oil price downturn is set to continue.

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.


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.


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