News

Oil and Natural Gas News
Jan 21, 2019
Political developments this year and last will influence the much-discussed energy transition in little-discussed but powerful ways.
Jan 21, 2019
The partial US government shutdown closed some departments and agencies that regulate oil and gas, notably the Department of the Interior and the Environmental Protection Agency. Weeks into the standoff, however, trade association leaders were not certain…
Jan 21, 2019
Beginning on Jan. 1, 2020, the International Maritime Organization (IMO) is set to enact the Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL Convention), which lowers the maximum sulfur content of marine fuel oi…
Jan 21, 2019
ExxonMobil Corp. reported the start of drilling of the Haimara-1 exploration well offshore Guyana—the first of two planned wells in January. The Stena Carron drillship is drilling the well, which is 19 miles east of the Pluma-1 discovery in the southeast …
Jan 21, 2019
Equinor and Aker BP dominated awards by Norway’s Ministry of Petroleum as part of the Award in Predefined Areas (APA) for 2018 held Jan. 15.
Industry Headlines
Jan 24, 2019
Oil slid below $53 a barrel as a darkening outlook for the global economy and signs of rising U.S. inventories overshadowed the risk of American sanctions on OPEC member Venezuela's crude.
Jan 23, 2019
Texas oil economist Karr Ingham said the end-of-year price drop doesn't mean the end of growth and expansion in Texas upstream oil and gas.
Jan 23, 2019
Seasoned oil market watcher sees WTI holding support level.
Jan 23, 2019
President Trump recognizes Juan Guaido as the interim president of Venezuela minutes after the opposition leader declared himself the head of state.
Jan 23, 2019
The oil market is gradually returning to balance as OPEC reins in output and the US shale boom slows, according to executives gathered at Davos.