May 23, 2017

Riyadh Dances With Trump But Goes Home With Putin to Prop Up Oil

(Bloomberg) — Saudi Arabia and Russia are at odds on pretty much everything: the war in Syria, policies on Iran, ties with Washington. But when it […]
May 22, 2017

Schlumberger Signs MoU with Saudi Aramco, Includes Job Creation Opps

Schlumberger has signed a memorandum of understanding with Saudi Aramco to develop an In-Kingdom Total Value Add roadmap, which includes the creation of jobs and enables […]
May 22, 2017

Canada’s Permian of the North Roused by Cheap Gas Drilling

(Bloomberg) — Drilling rigs and roughnecks are hot commodities once again across the Montney shale formation in northern British Columbia and Alberta, and companies like Grimes […]
May 19, 2017

China, Japan extract combustible ice from seafloor

In this May 16, 2017 photo released by China’s Xinhua News Agency, workers celebrate the successful trial extraction of natural gas from combustible ice trapped under […]
May 19, 2017

ConocoPhillips completes sale of oil sands and gas assets

ConocoPhillips completed its previously announced transaction with Cenovus to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as […]
May 18, 2017

UK’s Conservatives To Support Shale Energy, Cap Household Energy Tariffs

LONDON, May 18 (Reuters) – Britain’s Conservative Party will introduce legislation to support shale energy development and impose a household energy tariff cap if it is […]
May 18, 2017

Midstream Gains $1.9 Billion on Gas in the Mighty Marcellus, Utica

As the gas glut continues to build in the Marcellus and Utica plays of the Northeast, pipelines and other infrastructure needs are becoming perhaps even more […]
May 17, 2017

Statoil to add third platform at Peregrino Phase II

The Peregrino Phase II field development will access new acreage out of reach of its current two wellhead platforms and floating production, storage, and offloading vessel. […]
May 16, 2017

Nigerian Oil Workers Extend ExxonMobil Strike To Chevron, Agip And Shell

ONITSHA, Nigeria, May 16 (Reuters) – Nigerian workers from an oil labour union have extended a strike to oil majors Chevron , Shell and Eni subsidiary […]
May 16, 2017

Labour Party Pledges to Safeguard Offshore Oil Industry Jobs

The UK Labour party has pledged to safeguard the offshore oil and gas industry and ban fracking in its 2017 manifesto, released Tuesday. In order to […]