NEWS



Industry Highlights
Sep 20, 2019
An exciting week for WTI and Brent crude oil future has come to an end.
Sep 20, 2019
The U.S. lost a net total of 18 oil and gas rigs this week.
Sep 20, 2019
Saudi Aramco revealed damage caused by an aerial strike on its Khurais oil field last weekend.
Sep 20, 2019
The oil and gas market is expected to continue to be volatile in the second half of 2019, Petronas notes.
Sep 20, 2019
The remnants of Tropical Storm Imelda lashed Houston and coastal Texas, inundating homes, paralyzing travelers, disrupting oil supplies and threatening hospitals and refineries.
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.

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