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Oil and Natural Gas News
Mar 26, 2019
Since 2012 most of the growth of global oil production has been concentrated in light crude from the US, surpassing that of heavier grades by 1.7 million b/d as of November 2018, and by 2.6 million b/d as of January 2019.
Mar 25, 2019
What’s the best way to respond to climate change? Watch oil and gas companies.
Mar 25, 2019
Memories of a “black decade” and comparisons with collapsing Venezuela flow inescapably from the political tumult in Algeria that has curtailed the 20-year presidency of octogenarian Abdelaziz Boutefika. Neither fate is inevitable.
Mar 25, 2019
Venezuela President Hugo Chavez promoted Petrocaribe as a regional social improvement program in 2005 when he inaugurated it to sell Venezuelan crude oil at deep discounts to countries across Latin America that did not have their own production.
Mar 25, 2019
Williams Cos. Inc. has entered into a long-term partnership with Canada Pension Plan Investment Board (CPPIB) to establish a $3.8-billion joint venture that will include Williams’ wholly owned Ohio Valley Midstream system (OVM) and 100% of the Utica East …
Industry Headlines
Mar 26, 2019
The May Brent settlement price approached $68.
Mar 26, 2019
The companies developing Israel's largest natural gas field are in discussions to increase the amount of supply to Egypt beyond the $15 billion deal inked last year.
Mar 26, 2019
President Trump's national security team is deeply divided over whether to let a small group of countries keep buying Iranian oil after a U.S. deadline on sanctions waivers expires in May.
Mar 26, 2019
What started as an American phenomenon is now being felt around the world as U.S. oil exports surge to levels unthinkable only a few years ago.
Mar 25, 2019
The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has scheduled its 16th Round of Bids for exploratory blocks for Oct. 10.