Hess Cutting Hundreds of Workers As It Battles Activist Investor
Tue, 16 Jan 2018 00:00:00 GMT
Hess Corp is cutting roughly 13 percent of its workforce.
ExxonMobil Reports Papua New Guinea Discovery
Tue, 16 Jan 2018 00:00:00 GMT
Latest PNG discovery confirms southeast extension of P'nyang field.
Algeria's Sonatrach To Refine Crude Abroad To Cut Fuel Import Bill -CEO
Tue, 16 Jan 2018 00:00:00 GMT
Sonatrach plans to send oil abroad for refining as it seeks to lower a fuel bill that reached a record $2.5 billion last year.
India's Modi Launches $6.8Bln Refinery In Desert State Of Rajasthan
Tue, 16 Jan 2018 00:00:00 GMT
Indian Prime Minister Narendra Modi launches the construction of a $6.8 billion refinery in the western state of Rajasthan.
India's GAIL Renegotiates LNG Deal With Gazprom
Tue, 16 Jan 2018 00:00:00 GMT
Gas utility GAIL (India) Ltd renegotiates the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia's Gazprom.
Offshore Achievement Awards Finalists Revealed
Tue, 16 Jan 2018 00:00:00 GMT
The finalists for the Offshore Achievement Awards have been revealed.
Japan Sees Little Chance Of Oil Slick From Sunk Tanker Reaching Its Coast
Tue, 16 Jan 2018 00:00:00 GMT
Japan sees little chance of the oil spill from a stricken Iranian tanker that sank on Sunday in the East China Sea reaching its shores.
NPD Grants Spirit Energy Drilling Permit for Well Offshore Norway
Tue, 16 Jan 2018 00:00:00 GMT
The Norwegian Petroleum Directorate grants Spirit Energy Norge AS a drilling permit for well 6506/9-4 S.
BP Expects to Take $1.7B Deepwater Horizon Charge
Tue, 16 Jan 2018 00:00:00 GMT
BP expects to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter 2017 results.
Penguins FID Marks End of Cautious North Sea Era
Tue, 16 Jan 2018 00:00:00 GMT
Royal Dutch Shell plc's decision to go ahead with the redevelopment of the Penguins oil and gas field marks the end of the cautious North Sea era.
As Crude Rallies, Husky May Gain as Top Oil-Sands Stock Pick
Mon, 15 Jan 2018 00:00:00 GMT
Husky Energy, the best oil-sands stock last year, may emerge as a top pick for investors.
Russell: China's Oil Product Export Surge Shows Risks To OPEC's Gains
Mon, 15 Jan 2018 00:00:00 GMT
The standout feature of China's crude oil and product trade data for December was the surge in exports of refined fuels to a record, but it already appears that this dynamic may not be sustainable.
Shell Ventures Back Into Solar
Mon, 15 Jan 2018 00:00:00 GMT
Shell agrees to acquire a stake in a US solar company, 12 years after exiting the sector.
Pumping On Colombia's Transandino Pipeline Halted After Bomb Attack
Mon, 15 Jan 2018 00:00:00 GMT
Pumping on Colombia's southern Transandino pipeline was halted on Sunday after a bomb attack.
Survey Finds N. America Respondents Bearish on Oil Price Predictions
Mon, 15 Jan 2018 00:00:00 GMT
A recent Rigzone survey reveals the outlook of North America respondents.
Russia's Gazprom Plans To Invest 182.4B Roubles In Turkstream In 2018
Mon, 15 Jan 2018 00:00:00 GMT
Gazprom plans to invest $3.2 billion this year in the TurkStream pipeline project.
Singapore Files More Charges Against Shell Oil Theft Suspects
Mon, 15 Jan 2018 00:00:00 GMT
A Singapore court filed additional charges against 9 men accused in a large-scale oil theft at Shell's biggest refinery.
Noble Group Nets Less Than Expected From Oil Unit Sale To Vitol
Mon, 15 Jan 2018 00:00:00 GMT
Noble Group completes the sale of its U.S.-focused oil business to the world's largest oil trader Vitol.
Shell to Redevelop Penguins Field in UK North Sea
Mon, 15 Jan 2018 00:00:00 GMT
Shell confirms that it will redevelop the Penguins oil and gas field in the UK North Sea.
EIC Takes On New Chairman
Mon, 15 Jan 2018 00:00:00 GMT
The Energy Industries Council (EIC) announces the appointment of Hugh Saville as the new chairman of its board of directors.

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