ABUJA (Bloomberg) - Nigeria can easily boost its oil production next year to at least 2.5 MMbpd, according to the newly appointed head of the state oil company. Fixing damaged pipelines will.........
see more >>CALGARY - Encana Corporations wholly owned subsidiary, Newfield Exploration Mid-Continent, closed on its previously announced sale of its natural gas assets in Oklahomas Arkoma Basin. Procee.........
see more >>DUBAI - Demand for LNG as a conventional source of energy in the maritime industry will continue to grow because of its technological advantages in meeting the standards and requirements in .........
see more >>CALGARY (Bloomberg) - Pembina Pipeline Corp. increased its bet on the future of Canadas turbulent oil-sands industry, agreeing to buy Kinder Morgans Canadian unit and the U.S. portion of a k.........
see more >>ABERDEEN Subsea 7 is continuing its Engineering Conversion Program, based in Aberdeen, to help experienced engineers from civil engineering and military roles to transfer skills and build ne.........
see more >>NEW YORK (Bloomberg) - Oil climbed as the U.S. delayed sanctions against Huawei Technologies, offering a hint of progress in its trade war with China, and a drone attack in Saudi Arabia high.........
see more >>NEW YORK (Bloomberg) - Crude oil jumped the most since early January as the trade deadlock between the worlds biggest economies showed signs of easing, calming fears that global economic gro.........
see more >>LONDON Tullow Oil has made its first discovery in its Orinduik license offshore Guyana, exceeding pre-drill forecasts and paving the way for more exploration wells in the near future. Paul M.........
see more >>SEOUL (Bloomberg) - Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout thats been driven by the worsening U.S.-C.........
see more >>NEW YORK (Bloomberg) - Oil plunged, re-entering bear-market territory, as a surprise increase in American fuel stockpiles fueled worries about a growing glut, feeding into an increasingly di.........
see more >>HOUSTON (Bloomberg) - Exxon Mobil and Chevron arent fazed by the drilling mistakes and funding hurdles smaller shale producers are running into in the Permian basin. The North American super.........
see more >>(Bloomberg) - A corporate tax rate cut in the oil-rich province of Alberta, where both ExxonMobil and Chevron have operations, boosted Exxon s second-quarter profit by almost $500 million, a.........
see more >>WASHINGTON - U.S. crude oil production in each of the first five months of 2019 showed increases over their 2018 levels, with April 2019 establishing a new monthly record. Production grew th.........
see more >>NEW YORK (Bloomberg) - Oil surged as the Federal Reserve moved toward a rate-cut to boost the economy even as lingering tensions with Iran threatened to choke Middle East supplies. Futures i.........
see more >>NEW YORK (Bloomberg) - Oil rose the most in almost three weeks on speculation that demand will get a bump from a potential U.S. Federal Reserve rate cut aimed at spreading economic benefits .........
see more >>