December 27, 2016

DEA Norge Extends Norwegian Sea Interests

DEA Norge AS announced Friday that it has acquired a participating interest in seven licenses in the Njord area in the Norwegian Sea, including a 20 […]
December 8, 2016

Goodrich Petroleum Common Stock Commences Trading On OTCQX

Goodrich focused on TMS, Haynesville, Eagle Ford Goodrich Petroleum Corporation’s (OTCQX: GDPP) common stock commenced trading today on the OTCQX market under the trading symbol GDPP. […]
December 8, 2016

Chevron announces $20 Billion Capex in 2017

70% of planned upstream projects will generate production in 2 years California-based Chevron Corp. (ticker: CVX) announced its 2017 capital budget Wednesday. The company will cut […]
December 7, 2016

OPEC Deal Will Go Ahead Even If Only Russia Commits

ABU DHABI, Dec 7 (Reuters) – OPEC’s deal to cut oil production will go ahead even if Russia becomes the only non-OPEC country to commit to […]
December 6, 2016

OPEC Crude Cut Could Push Oil to $75 Per Barrel in 2017

Following months of global oil market angst, OPEC has pledged to cut its production by almost 1.5 million barrels per day (MMbpd) – a greater target than […]
December 6, 2016

OPEC to Cut Crude Production by 1 MMbpd in January

Following months of global oil market angst, the Organization of Oil Producing Countries (OPEC) has agreed to cut its crude production Jan. 1 by more than […]