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Industry News
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24 2017-01

Zambia suspends importation licenses for oil companies

LUSAKA, Jan. 20 (Xinhua) -- Zambias energy regulator has suspended fuel importation licenses for Oil Marketing Companies (OMCs), a senior official said Friday. The suspension came after the .........

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23 2017-01

Oil edges up after producer meeting, but high U.S. output weighs

By Henning Gloystein SINGAPORE, Jan 23 (Reuters) - Oil prices edged up on Monday, supported by statements from oil producers over the weekend that a output cut was being successfully impleme.........

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22 2017-01

CANADA STOCKS-TSX Jumps 1 pct as oil rally boosts energy stocks; Trump eyed

* TSX up 161.87 points, or 1.05 percent, at 15,571.68 * All of the TSXs 10 main groups were higher TORONTO, Jan 20 (Reuters) - Canadas main stock index jumped 1 percent on Friday in a broad .........

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20 2017-01

Australian oil and gas giant Santos posts record sales

SYDNEY, Jan. 20 (Xinhua) -- The Australian oil and gas giant Santos has edged ahead of its guidance in its fourth quarter report released Friday, with production and sales volumes reaching r.........

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19 2017-01

Global oil, gas discoveries drop to 70-year low -Rystad Energy

* Oil and gas discoveries drop to 6 bln barrels in 2016 * Companies reserves replacement ratio drops to 10 pct * GRAPHIC: Global oil discoveries (http://reut.rs/2jK3Qwq) By Ron Bousso LONDON.........

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18 2017-01

UPDATE 2-Norway awards 56 oil and gas licences in mature areas

By Nerijus Adomaitis and Joachim Dagenborg SANDEFJORD, Norway, Jan 17 (Reuters) - Norway awarded 56 offshore exploration licences on Tuesday, matching last years record number, as it seeks t.........

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17 2017-01

Integrated Oil/Refiners:Potential Impacts of BTA

Impacts broadly negative for refiners。 As the post-election euphoria for US refiners surrounding potential tax cuts andRINs relief begins to fade, the increasingly topical Border Tax Adjustm.........

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16 2017-01

UPDATE 2-N. Dakota oil output seen below 1 mln bbls/day soon -regulator

By Ernest Scheyder Jan 13 (Reuters) - North Dakotas oil production will likely fall below 1 million barrels per day by the end of January due to harsh winter weather and low oil prices, stat.........

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12 2017-01

New oil projects to double in 2017, WoodMac says

* Spending to rise 3pct to $450bln after two years of cuts * U.S. shale to get most investment growth * Deepwater projects set to get green light as costs drop * GRAPHIC: Oil project FIDs (h.........

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11 2017-01

BRIEF-Arcadia Biosciences obtains U.S. FDA GRAS status for SONOVA GLA Safflower Oil

Jan 10 (Reuters) - Arcadia Biosciences Inc (RKDA.O) * Arcadia Biosciences obtains U.S. FDA GRAS status for SONOVA GLA Safflower Oil Source text for Eikon: Further company coverage: (RKDA.O)......

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10 2017-01

US STOCKS-Oil drop stymies Dow's march to 20,000; techs send Nasdaq to record

* Oil prices fall over 3 pct, energy sector top index loser * Healthcare deals, tech surge push Nasdaq to record high * Celgene slips as 2016 sales forecast disappoints * Dow down 0.24 pct, .........

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09 2017-01

BRIEF-Dril-Quip acquires the Technologies Alliance D/B/A Oilpatch Technologies

Jan 6 (Reuters) - Dril-quip Inc (DRQ.N) * Deal for approximately $20 million * Dril-Quip acquires the Technologies Alliance D/B/A Oilpatch Technologies * Deal funded with cash on hand Source.........

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06 2017-01

Lebanon to restart oil, gas licensing round after three-year delay

BEIRUT, Jan 5 (Reuters) - Lebanon intends to restart its first oil and gas licensing round after a three-year delay, the energy minister said on Thursday, hoping to kick-start the developmen.........

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05 2017-01

CORRECTED-Oil business seen in strong position as Trump tackles tax reform

(Corrects to remove reference in paragraph 8 to ConocoPhillips, which is not an integrated oil company) By David Morgan WASHINGTON, Jan 3 (Reuters) - Big Oil could be in a unique position to.........

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04 2017-01

India Insight:CAD remains contained,rising oil prices a key concern

Current account deficit (CAD) stood at US$3.4bn in Sept-16 quarter:Indias CAD widened to US$3.4bn (0.6% of GDP annualised) in the Sept-16quarter, higher than market expectation of US$2.6bn. .........

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