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Monday, 28 January 2019 03:37

Chinese Oil Demand Rebounds

Chinese demand for crude oil is rebounding as independent refiners push to buy before prices climb further from low levels…
Oil fell nearly 2 percent on Monday after U.S. companies added rigs for the first time this year, a signal…
French engineering services provider Doris Engineering has been awarded an advisor contract by the Senegalese ministry of petroleum and energies…
Britain's public spending watchdog on Friday questioned a government estimate of 24 billion pounds ($31 billion) as the cost of…
When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited…
The eastern Libyan oil ports of Es Sider and Brega have been closed due to bad weather but crude production…
Wednesday, 23 January 2019 02:39

Lukoil Opposes Prolonged Global Oil Output Cuts

The global oil output cut should not be prolonged, the head of Russia's second biggest oil producer, Lukoil, said on…
Tuesday, 22 January 2019 02:55

Oil and Gas Execs Expect to Boost Spending

The majority of senior energy industry executives expect to maintain or increase spending this year to meet demand for oil…
Tuesday, 22 January 2019 02:48

Norway's December Oil Output Misses Forecast

Norway's oil production fell by 2.1 percent year-on-year in December and lagged the Petroleum Directorate's forecast for the month by…
Monday, 21 January 2019 17:32

US Oil and Gas Industry Confidence Surges

Senior oil and gas professionals in the United States are among the world’s most confident about the outlook for the…