News

Oil and Natural Gas News
Mar 20, 2019
Shale and other low-permeability formations have reversed a 40-year decline in North American oil and gas production and survived a severe price downturn. However, play maturation and exhaustion have led to productivity declines. Technology will determine…
Mar 19, 2019
Resumption of oil and gas geological and geophysical (G&G) data gathering on the US Mid-Atlantic Outer Continental Shelf after more than 30 years would help advance scientific knowledge as well as identify and determine the value of potential resource…
Mar 19, 2019
Western Australia’s Environmental Protection Authority (WAEPA) has revised its guidance on mitigating greenhouse gas emissions from large new or expanding projects in the state, drawing the ire of the petroleum industry.
Mar 19, 2019
The US Environmental Protection Agency formally proposed allowing year-round sales of gasoline with 15% ethanol on Mar. 12, a move that corn ethanol suppliers cheered and refiners condemned. It also proposed modifying parts of its Renewable Identification…
Mar 19, 2019
The US will soon export more oil and liquids than Saudi Arabia, driven by the continued rise in oil production from US shale plays and the increased oil export capacity from the Gulf Coast, according to Rystad Energy.
Industry Headlines
Mar 25, 2019
The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has scheduled its 16th Round of Bids for exploratory blocks for Oct. 10.
Mar 25, 2019
The WTI inched downward and the Brent finished slightly positive.
Mar 25, 2019
The biggest independent oil and metals trading houses are facing bribery and corruption investigations in multiple jurisdictions.
Mar 25, 2019
Anxious traders weighed a slowdown in the global economy.
Mar 25, 2019
China's big three -- PetroChina Co., Sinopec Corp. and Cnooc Ltd. -- are raising combined capital expenditure to about 517 billion yuan ($77 billion), up 18 percent from last year.