News

Oil and Natural Gas News
Jun 17, 2019
Two bills making the oil and gas industry anxious have survived in the Canadian Senate—one less damaging than its original version and one not.
Jun 17, 2019
In what seems to have become an annual ritual, Pennsylvania Gov. Tom Wolf (D) announced a seemingly new infrastructure development program on June 5 that would rely on his usual proposed revenue source.
Jun 17, 2019
As part of its earlier cooperation agreement with state-owned Sonangol EP, Eni SPA has let a contract to a subsidiary of Maire Tecnimont SPA for an upgrading project involving installation of two new processing units as well as other utilities and offsite…
Jun 17, 2019
A joint venture of Santos Ltd. and Carnarvon Petroleum Ltd. has confirmed a “major” oil and gas discovery with the Dorado well, drilled in the Bedout subbasin about 160 km offshore Port Hedland, Western Australia.
Jun 17, 2019
Brent crude oil spot prices are expected to average $67/bbl this year, which is $3/bbl lower than forecast last month in the US Energy Information Administration’s Short-Term Energy Outlook.
Industry Headlines
Aug 22, 2019
WTI and Brent futures posted losses Thursday.
Aug 22, 2019
The current quarter will be key in shaping the oil supply and demand balances for 2019, according to the latest outlooks from the world's three major oil-forecasting agencies.
Aug 22, 2019
Capital keeps marching out of Canada's oil industry.
Aug 22, 2019
Oil steadied as attention turned from expanding American fuel stockpiles to the prospects for monetary easing.
Aug 21, 2019
Brent crude finished higher for the fourth consecutive trading day while the WTI faltered.