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U.S. oil refiner Phillips 66 is proposing a deepwater crude export terminal off the U.S. Gulf Coast, challenging at least…
Published in AOG Daily: 2019 / June
Monday, 17 June 2019 12:32

Okea's IPO Falls Short

Norwegian oil firm Okea has raised 315 million crowns ($36 million) in an initial public offering, the company said on…
Published in AOG Daily: 2019 / June
The United States and its allies may need to to start escorting commercial vessels to prevent further attacks in Gulf…
Published in AOG Daily: 2019 / June
Thursday, 13 June 2019 20:10

US Leads World Oil Reserves

The United States has a world-leading 293 billion barrels of recoverable oil resources, which is 20Bbbl more than Saudi Arabia…
Published in AOG Daily: 2019 / June
Thursday, 13 June 2019 10:57

Oil Prices Jump 2% After Tanker Attacks

Oil prices settled 2.2% higher on Thursday after attacks on two oil tankers in the Gulf of Oman stoked concerns…
Published in AOG Daily: 2019 / June
Norway's wealth fund will have to divest its holdings in ConocoPhillips and Hess after both U.S. oil companies were added…
Published in AOG Daily: 2019 / June
BP raised its estimates of Saudi and U.S. crude oil reserves at the end of last year by 12% and…
Published in AOG Daily: 2019 / June
German oil industry lobby group MWV expects German refineries to receive shipments of clean Russian oil through the Druzhba pipeline…
Published in AOG Daily: 2019 / June
Monday, 10 June 2019 03:52

Oil Rises on Likely OPEC+ Supply Cuts

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies,…
Published in AOG Daily: 2019 / June
U.S. total oil production, which is already off to an amazing start in 2019,  is on track to set another…
Published in AOG Daily: 2019 / June