September 21, 2016

Thailand Looks Ahead: Gears Up for Oil, Gas Decommissioning Work

Decommissioning is expected to assume greater significance in Thailand’s oil and gas industry as the kingdom enters its fourth decade as a producer. Ageing infrastructure, particularly […]
September 21, 2016

US Crude Up On Demand Hopes; Brent Down On OPEC Deal Skepticism

NEW YORK, Sept 20 (Reuters) – U.S. oil prices edged up on Tuesday on hopes the planned restart of country’s main gasoline pipeline after a leak […]
September 20, 2016

Anadarko Goes Deeper in GOM with $2B Deal

Anadarko Petroleum Corp. is diving even further into deepwater Gulf of Mexico with a $2 billion acquisition of assets from Freeport McMoran Inc., the company announced […]
September 20, 2016

At $500 Million A Pop, It’s An Oil Gamble That Has No Precedent

In a far corner of the Caribbean Sea, one of those idyllic spots touched most days by little more than a fisherman chasing blue marlin, billions […]
September 6, 2016

Shell starts up Stones in the ultra-deepwater Gulf of Mexico

HOUSTON – Shell has started production from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 boe/d when fully ramped up at the […]
September 6, 2016

Why oil prices are going up – and will continue to go up

Oil prices are going up as oil supply and demand are approaching a more balanced situation, writes geophysicist Jilles van den Beukel. And they will continue […]