Reuters

NEW YORK, Nov 29 (Reuters) - Oil prices dipped on Wednesday in a volatile session buffeted by conflicting statements from oil ministers a day ahead of OPEC's meeting in Vienna, as members debate the path for an extension of the group's supply-cut agreement.



Reuters

Nov 29 (Reuters) - U.S. crude oil stocks fell last week, led by the biggest fall in inventories at the Cushing, Oklahoma storage hub in eight years, while gasoline and distillate stockpiles rose, the Energy Information Administration said on Wednesday.



Statoil to Launch Onshore Operations Centre in 2018
Statoil will establish a new onshore integrated operations centre in 2018.

Statoil has announced that it will establish a new onshore integrated operations centre in 2018, which will ‘help increase safety, add value and reduce emissions’ from its installations on the Norwegian continental shelf (NCS).



Shell to Cancel Scrip Dividend In 4Q
Royal Dutch Shell plc announces the cancellation of its scrip dividend, with effect from the fourth quarter of this year.

Royal Dutch Shell plc has announced the cancellation of its scrip dividend, with effect from the fourth quarter of this year.



South China Sea Project Starts Production
The Weizhou 12-2 oil field phase II project, located in the Beibu Gulf in the South China Sea, commences production.

CNOOC Limited has confirmed that the Weizhou 12-2 oil field phase II project, located in the Beibu Gulf in the South China Sea, has commenced production.



Reuters

OSLO, Nov 28 (Reuters) - Norway's Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing, the company's head of exploration told Reuters on Tuesday.



Reuters

OSLO, Nov 28 (Reuters) - The Norwegian sovereign wealth fund's proposed multi-billion dollar divestment from oil and gas stocks will take many years to complete, Chief Executive Yngve Slyngstad told reporters on Tuesday.



ExxonMobil's Offshore Canada Project Produces First Oil
The Hebron oil project has produced its first oil, ExxonMobil says, in a boost to Atlantic Canada's output after years of weak crude prices.



(Bloomberg) -- Oil extended its drop after an industry report was said to show a surprise increase in U.S. crude stockpiles.

Futures edged lower from the settlement in New York after the American Petroleum Institute was said to report U.S.



Reuters

WARSAW, Nov 28 (Reuters) - Poland's government approved a plan on Tuesday to build more pipelines to help Warsaw take more oil deliveries from sources other than its biggest supplier Russia.

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