U.S. oil drillers add fewest rigs in quarter since 2017: Baker Hughes
U.S. energy companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017 due to pipeline constraints in the nation’s largest oil field.
U.S. oil drillers add fewest rigs in quarter since 2017: Baker Hughes
U.S. energy companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017 due to pipeline constraints in the nation’s largest oil field.
Oil eases, but Iran sanctions keep Brent above $80 a barrel
Oil prices eased on Wednesday after U.S. data showed a surprise build in domestic crude inventories, but an impending drop in Iranian exports kept Brent futures above $80 a barrel and on track for a fifth straight quarterly gain.
Exclusive: Shell in talks to buy stake in Russian oil project - sources
Royal Dutch Shell (RDSa.AS) is in talks to buy a stake in an oil and gas project from Gazprom Neft (SIBN.MM), three sources familiar with the discussions told Reuters, a rare foray into Russia’s energy sector by a Western oil major since sanctions were imposed.
Qatar to boost gas output in sign of strength amid Gulf rift
Qatar announced plans on Wednesday to boost its liquefied natural gas (LNG) production capacity, which will put the tiny state on a par with top energy exporters in an apparent show of strength amid a protracted political row with Gulf neighbors.
Big Oil pledges to slash potent greenhouse gas emission
A group of the world’s top oil and gas companies pledged on Monday to slash emissions of a potent greenhouse gas by a fifth by 2025 in an effort to battle climate change.
Iraq's southern oil exports close to 3.6 mln bpd -SOMO
Iraq, the second-largest OPEC producer, is exporting close to 3.6 million barrels per day (bpd) of crude from its southern oilfields, as OPEC and others ramp up output to replace supply shortfalls from Iran and Venezuela, an Iraqi oil official said.
Exclusive: As oil forecasts call for $100, India considers cutting back crude imports
With oil traders forecasting crude oil to rise to $100 a barrel by the end of the year, Indian refiners are considering cutting back their imports and relying more on cheaper crude already stored in inventories, according to industry executives.
|
