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Saudi Arabia's Energy Minister Khalid al-Falih said that oil demand remains strong and that he sees no impact from U.S.-China…
Thursday, 10 January 2019 18:47

Norway Cuts 2019 Oil Output Forecast

The Norwegian Petroleum Directorate (NPD)’s forecasts show that Norway's oil output in 2019 will be smaller than previously forecast and…
Thursday, 10 January 2019 18:45

Aker Energy Hits Oil in Ghana

The operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, Aker Energy, has announced the near-completion of a successful…
Thursday, 10 January 2019 14:25

Oil and Gas Digital Investment Set to Surge

Global oil and gas executives are preparing to accelerate their investment in digital technologies, primarily as they seek to double…
Even as a partial shutdown halts the functions of many U.S. government departments, forcing the Department of the Interior to…
Thursday, 10 January 2019 02:31

Premier Oil Cuts More Debt than Forecast

Britain's Premier Oil cut debt to $2.3 billion at the end of 2018, below a previous forecast of $2.4 billion,…
Iranian Oil Minister Bijan Zanganeh said on Thursday U.S. sanctions against his country were "fully illegal" and Tehran would not…
Norway's oil output in 2019 will be smaller than previously forecast and its lowest level in three decades, although it…
Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million…
Top oil exporter Saudi Arabia plans to lower its shipments further in February as it follows through on a global…