News

Oil and Natural Gas News
Jun 17, 2019
Two bills making the oil and gas industry anxious have survived in the Canadian Senate—one less damaging than its original version and one not.
Jun 17, 2019
In what seems to have become an annual ritual, Pennsylvania Gov. Tom Wolf (D) announced a seemingly new infrastructure development program on June 5 that would rely on his usual proposed revenue source.
Jun 17, 2019
As part of its earlier cooperation agreement with state-owned Sonangol EP, Eni SPA has let a contract to a subsidiary of Maire Tecnimont SPA for an upgrading project involving installation of two new processing units as well as other utilities and offsite…
Jun 17, 2019
A joint venture of Santos Ltd. and Carnarvon Petroleum Ltd. has confirmed a “major” oil and gas discovery with the Dorado well, drilled in the Bedout subbasin about 160 km offshore Port Hedland, Western Australia.
Jun 17, 2019
Brent crude oil spot prices are expected to average $67/bbl this year, which is $3/bbl lower than forecast last month in the US Energy Information Administration’s Short-Term Energy Outlook.
Industry Headlines
Oct 17, 2019
WTI and Brent crude oil finished higher for the second consecutive day.
Oct 17, 2019
Saudi Aramco has postponed the launch of the world's largest IPO, a move that may put the oil giant's planned November listing in jeopardy.
Oct 17, 2019
Changes have revived interest in deepwater projects and enabled new ones in regions including the North Sea, the Gulf of Mexico and China Seas.
Oct 16, 2019
WTI and Brent crude oil futures on Wednesday posted their first day-on-day gains since Oct. 11.
Oct 16, 2019
In the past two days, ADNOC has announced deals with the Russian Energy Agency and Lukoil.