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Shell Delays Project to Boost Ormen Lange Gas Output on Costs

11/04/2014
Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, postponed a project designed to recover

Shale revolution reverses global energy flow: Kemp

11/04/2014
The United States has replaced OPEC as the marginal petroleum supplier to the world thanks to the shale revolution and improvements in automotive

Oman's Oil Production/ Monthly Report

11/04/2014
The monthly report released by the Ministry of Oil and Gas pointed out that the Sultanate's crude oil and condensates production in March 2014 amounted to

Total Keeps Novatek, Lukoil Russian Plans, Nefte Compass Says

11/04/2014
Total SA (FP) is sticking with investment plans in Russia including a joint venture with OAO Lukoil (LKOD) for shale oil exploration

Brent Falls on Libya as WTI Discount Shrinks

11/04/2014
Brent crude fell for the first time in three days on speculation that Libyan oil exports will increase next week.

OPEC forecasts oil demand will remain unchanged at 91.2 million barrels/day

11/04/2014
The OPEC Reference Basket fell $1.23 in March to average $104.15/b. Global crude oil markets were impacted by

EIA: Crude oil reserves at start of 2013 reach highest level since 1976

11/04/2014
U.S. crude oil proved reserves rose for the fourth consecutive year in 2012, increasing by 15% to 33 billion barrels, according to

Platts Analysis of US EIA Data: U.S. gasoline stocks fell 5.19 million barrels last week

11/04/2014
U.S. gasoline stocks fell 5.19 million barrels to 210.44 million barrels during the reporting week ended April 4, Energy Information

Asia-Pacific Crude-Short supply, new splitters to support condensate

11/04/2014
The Asia-Pacific crude and condensate markets could be supported by short supply of Australian Northwest

Germany's VNG makes sizable oil find in Norwegian Sea

11/04/2014
German gas company VNG made a sizable oil discovery in the Norwegian Sea in the Pil prospect and there is

Vedanta full-year oil and gas output rises

11/04/2014
London-listed Vedanta Resources Plc said its average gross oil and gas production increased 6 percent during the

European gasoil flows to Red Sea in April in reverse arbitrage flow

11/04/2014
Gasoil from the Baltics and the Mediterranean is seen heading to the Red Sea this month, and cargoes could

GeoPark Announces New Oil Field Discovery in Colombia

11/04/2014
GeoPark Limited, the Latin American oil and gas explorer, operator and consolidator with operations and

Two-Person Crews on Oil Trains to Be Required in U.S.

10/04/2014
U.S. regulators, acting after a oil-train derailment last year ignited a fireball that killed 47 people in Canada, said they intend to

Chevron, YPF Continue Development of Vaca Muerta Shale in Argentina

10/04/2014
Chevron Corporation yesterday confirmed that subsidiaries of the company have signed agreements with the

Sorry Buyers, LNG Market to Stay Tight, Says Bernstein

10/04/2014
With numerous U.S. liquefied natural gas (LNG) export projects creeping toward first cargo and a posse

U.S. West Gasoline Output Surges to Record on Blending, Exports

10/04/2014
Gasoline output in the western U.S. jumped to a record as refiners and blenders boosted production

Brent Crude Premium to WTI Narrows to Least Since Sept.

10/04/2014
Brent crude fell, eroding its premium to West Texas Intermediate to the least since September, amid

Libyan Rebels Holding Key to Brent Crude Curve

10/04/2014
Armed militias have blocked exports from several oil terminals in Libya, once North Africa’s biggest

Abu Dhabi Spanish oil unit Cepsa acquires stake in Liberian exploration block

10/04/2014
Compania Espanola de Petroleos (Cepsa), the Spanish oil company owned by Abu Dhabi’s International
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