As Iraq settles in for the sizzling summer heat, the political temperature looks set to stay high well into autumn and possibly winter as well
Oman Oil Co. is planning to sell a 10% stake in a key natural gas field in the sultanate amid a review of the state-owned energy producer’s options for restructuring its business, according to people with knowledge of the matter.
Saudi Arabia and Russia have a difficult month ahead, according to Nordine Ait-Laoussine, president of Geneva-based consultant Nalcosa and former energy minister of Algeria.
Anadarko Petroleum (APC -0.5%) is seeking to raise a record $14B-$15B from banks and export credit agencies for its huge liquefied natural gas project in Mozambique, Reuters reports.
SINGAPORE (Reuters) - Chinese private chemical producer Hengli Group will receive its first cargo of Saudi crude oil by July as it prepares a new refinery for trial runs to be held in October, a source with knowledge of the matter said.
Total and Domo Chemicals inaugurated a 60 million-euro benzene production and extraction project at Total’s Leuna Refinery in Germany. The project consisted of constructing a new unit at the refinery that enriches an intermediate product from the gasoline production. The entire output will be sent via a 1.6 pm pipeline to a new caprolactam producing unit at Domo. Both units started operation at the beginning of 2018.
Kinder Morgan said that Kinder Morgan Canada Limited agreed to the purchase of the Trans Mountain Pipeline system and the expansion project by the Canada government for C$4.5 billion (US$3.46 billion).
Two years ago, western Europe’s biggest oil producing nation said no one should count on $100-crude coming back. Now Norway’s changed its tune.
President Donald Trump may have ordered the re-imposition of sanctions on Iran, but one of Asia’s biggest oil importers -- and a strategic partner of the U.S. -- plans on ignoring them.
Solaris Water Midstream said it has commenced operations on the first phase of its 300-mile Pecos Star water system, which is designed to serve oil and gas producers in the Delaware Basin of West Texas and New Mexico.
Trump administration attorneys defended the disputed Keystone XL oil sands pipeline in federal court on Thursday against environmentalists and Native American groups that want to derail the project.
UGI Energy Services will add 150 MMcf/d capacity to its Auburn Gathering System in the Marcellus Basin with construction of two compressor stations.
Uncertainty over US sanctions is causing jitters among oil and gas project developers
Shell Offshore, Inc. has announced a large deepwater discovery in the Norphlet geologic play in the U.S. Gulf of Mexico with its Dover well (100% Shell).
Darren Woods is mounting a strong defense of his plan to rescue ExxonMobil Corp. from its share-price slump with a multi-billion-dollar investment spree that’s at odds with the belt-tightening undertaken by rivals.
John Walker sees redemption ahead as oil prices rise and EnerVest gets its finances in order.