Economics/Statistics
News
December 02, 2019
Carl Icahn advanced his effort to replace Occidental Petroleum’s entire board by submitting nominations for as many as 14 directors, according to people familiar with the matter.
News
December 02, 2019
The U.S. solidified its status as an energy producer by posting the first full month as a net exporter of crude and petroleum products since government records began in 1949.
News
November 29, 2019
Japan’s largest petroleum exploration company, Inpex Corp., is looking at expanding its natural gas business in Australia, even as U.S. energy majors Exxon Mobil and ConocoPhillips scale back their operations in the country.
News
November 28, 2019
The retail tranche of Saudi Aramco’s initial public offering is fully covered with one day to go after 3.7 million investors applied to buy shares in the world’s biggest oil producer.
News
November 28, 2019
The world’s biggest shale patch is now officially a drag on jobs creation in the Lone Star state.
News
November 27, 2019
Any expectations that OPEC and its partners will make deeper cuts to oil production have all but evaporated.
News
November 27, 2019
Oil advanced, shedding earlier losses, amid growing optimism about prospects for a settlement in the long-running U.S.-China trade war.
News
November 27, 2019
Shale wildcatters, after years eye-rolling at skeptics, are now saying global analysts are underestimating just how severe the industry’s slowdown is.
News
November 27, 2019
Total SA’s giant Mozambique gas project will get a $400 million loan from the African Development Bank, adding to its list of backers as the East African nation works to establish a fuel-export industry.
News
November 27, 2019
Officially launched in April, the round received interest from 53 international and national companies, with 17 companies submitting official bids and seven companies awarded concessions for nine blocks.
News
November 27, 2019
More free time for analysts usually means a lot less interest in the sector they cover.
News
November 26, 2019
A week-long rail strike that halted shipments of oil and other goods across Canada, threatening to take a multibillion-dollar bite out of the economy, is over.
News
November 26, 2019
The U.S. Energy Information Administration reported that total U.S. energy-related carbon dioxide (CO₂) emissions in 2018 rose to 5.27 billion metric tons, 2.7% more than its 2017 level.
News
November 26, 2019
The Itaoca Offshore project will be a private terminal (TUP), located in Itapemirim, in the Espírito Santo (ES) state in southeast Brazil, designed to provide logistical support to the supply chain for the exploration and production of offshore oil and gas.
News
November 26, 2019
Under the auspices of the Ministry of Mines and Hydrocarbons and supported by the African Energy Chamber, “Equatorial Guinea 2020 Year of Investment” is aimed at attracting foreign direct investment.
News
November 26, 2019
Total E&P Denmark has awarded Emerson a contract to provide wellhead pressure monitoring technology to enhance safety during the multi-year redevelopment project to extend the life of Denmark’s biggest gas field.
News
November 26, 2019
Specialist well construction and intervention company Coretrax has acquired Churchill Drilling Tools as part of an ongoing growth and expansion strategy.
News
November 26, 2019
AqualisBraemar and HOSE International have signed a memorandum of understanding to jointly provide rig and well control inspection services for the offshore industry.
News
November 26, 2019
Companies that help keep Mexico’s faltering oil wells operating are waiting months to get paid and the debts are building up, complicating efforts to revive an industry whose production has plunged by half since 2004.
News
November 26, 2019
One of the world’s sludgiest crudes is getting a curious price boost just weeks before the introduction of ship-fuel rules that were expected to sap demand for heavier oil.
News
November 25, 2019
Indonesian President Joko Widodo ordered an overhaul of the management of state-owned oil giant PT Pertamina, as the former OPEC member seeks to reduce crude oil imports to rein in the current-account deficit.
