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Statoil presents the 2013 Oil Sands Report

09/04/2014
Statoil’s oil sands production decreased slightly in 2013. CO2 intensity rose due to facility maintenance and the integration of pilot technologies to reduce

Norway to boost oil project oversight after cost overruns

09/04/2014
Norway is growing increasingly intolerant of delays and cost overruns at offshore oil projects and plans to keep a closer eye

Greater industry collaboration is needed say Australian oil and gas leaders

09/04/2014
Australia’s oil and gas industry must fix its sights on developing greater collaboration as it brings a range of mega

WTI Oil Climbs to One-Month High on Cushing Supply

09/04/2014
West Texas Intermediate crude rose to a one-month high on speculation that inventories at Cushing,

Platts Pre-Report Survey of EIA/API Data Suggests 2.5 Million-Barrel Build in U.S. Crude Oil Stocks

09/04/2014
U.S. commercial crude oil stocks are expected to have risen 2.5 million barrels the week ended

EIA: Short-Term Energy and Summer Fuels Outlook

09/04/2014
During the April-through-September summer driving season this year, regular gasoline retail prices are forecast to average $3.57/gallon (gal).

Saudi Arabia’s Crude Oil Output Drops To 9.566m bpd In March

09/04/2014
Saudi Arabia produced 9.566 million barrels per day (bpd) of crude oil in March, down from 9.849 million bpd in February, an industry

Pipelines Help WTI Cushing Benchmark, CME Director Says

09/04/2014
New and reversed pipelines transporting crude to the Gulf Coast from Cushing, Oklahoma, have made West Texas Intermediate oil futures

Libya Rebels Keep Oil-Sharing Condition for Ports Opening

09/04/2014
Libyan rebels seeking self-rule for the east of the country are standing by a demand that they get a share of crude export revenue

One in Five Global Shale Basins May Succeed, Wood Mackenzie Says

09/04/2014
Only one in five global shale regions may succeed in producing significant amounts of oil and gas as countries from China

Asia-Pacific Crude-Steady, Conoco sells Bayu Undan

09/04/2014
The Asia-Pacific crude market held steady on Tuesday as traders sought clarity on the supply of June-loading

Middle East Crude-Qatar cuts OSPs as expected

09/04/2014
The Middle East crude market held steady on Tuesday as traders waited for more Gulf producers to release

Atwood CEO Hits ‘Pause’ After $4.5 Billion in New Rigs

09/04/2014
Atwood Oceanics Inc. (ATW) is putting the brakes on building more ultra-deepwater oil and natural gas drilling

Ghana Oil Output To Hit Up To 110,000 Bpd In 2014

09/04/2014
Output from Ghana's offshore Jubilee oilfield will hit between 105,000 and 110,000 barrels per day (bpd) in 2014

Indonesian oil producers restart almost all output disrupted by haze

09/04/2014
Indonesian oil producers have restarted almost all of the 12,000 b/d of crude output in central Sumatra that

France's Total combines Middle East, North Africa upstream divisions

09/04/2014
France's Total has enlarged its Middle East exploration and production division by transferring to it the

OMV invests EUR 400 mn in Lower Austria

09/04/2014
OMV, the integrated, international oil and gas company, is consolidating its commitment to oil and gas

Kuwait to invite bids for new refinery

08/04/2014
OPEC member Kuwait will invite bids for a new multibillion-dollar oil refinery next month as part

Singapore Sees LNG Trading Hub Ambition Fulfilled After 2018

08/04/2014
Singapore’s political neutrality and English-speaking workforce will help the city-state become an Asian

WTI Rebounds as Gasoline Stockpiles Seen Shrinking; Brent Gains

08/04/2014
West Texas Intermediate crude rebounded amid speculation gasoline supplies dropped for a seventh
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