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Sunday, 25 August 2019 20:32

U.S. To “Drown The World” In Oil

A staggering 61% of the world’s new oil and gas production over the next decade is set to come from…
Thursday, 22 August 2019 20:38

Oil Price Controls Subsea Market Growth

The subsea market in 2019 will experience year-on-year growth for the first time since 2014. But the positive outlook is…
Wednesday, 21 August 2019 01:57

Brent Oil Prices Rise Above $60

Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S.…
Oil Search warned on Tuesday that costs for a $13 billion plan to double gas exports from Papua New Guinea…
Sunday, 18 August 2019 16:29

Gazprom Oil Touch 100mln Barrels at Badra

Russian oil producer Gazprom Neft said that its subsidiary Gazpromneft-Badra has now produced 13.5 million tonnes — or 100 million…
Friday, 16 August 2019 08:40

US Drillers Add Oil Rigs

U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite…
Thursday, 15 August 2019 19:27

Gazprom Lead Oil and Gas Growth Worldwide

Russian giant Gazprom saw the most production growth among world’s exploration and production (E&P) companies during the five-year span from…
Friday, 09 August 2019 17:49

Oil Outlook Becomes Gloomier: Rystad

Rystad Energy said the oil market was going “from gloomy to gloomier”, calling into question the consultancy's own bullish view…
Friday, 09 August 2019 03:08

Venezuela, China Expanding Crude Oil JV

A Venezuelan oil joint venture with a state-owned Chinese company has started an expansion project to boost output to 165,000…
Thursday, 01 August 2019 11:29

Oil slumps 7% as More Tariffs Loom

Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four…