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Oil
Crude
Nigeria Commits to OPEC Agreements Before Vienna Meeting
Nigeria is committed to full implementation of agreements among OPEC and non-OPEC members, its minister of state for petroleum said on Sunday, ahead of an OPEC …
Oil&Gas Drilling
Saudis to Push for Extension of Oil-Production Cuts at OPEC Meeting
Saudi Arabia will push for an extension of oil production cuts through mid-2020 at a producers’ summit this week in an effort to prop up Saudi Aramco’s initia…
Oil and Gas Technology
Tendeka Polymer Tech to Boost Shale Gas Recovery 250%
The firm invested a six-figure sum on its ShaleModifier technology, which is expected to return several million pounds in revenue over the next two years.
Crude
Why Are Oil Markets Suddenly So Volatile?
The newsfeed this week has been inundated with updates on Aramco’s IPO developments. On the retail side, the Aramco IPO has reached $7.21 billion in subscripti…
Oil & Gas Trade
The Parties Discussed Russian-Ukrainian Cooperation in the Gas Sector, Russian Energy Ministry Said
"The parties discussed Russian-Ukrainian cooperation in the gas sector — settlement of mutual claims for the implementation of contracts, the terms for the tra…
Oil&Gas Drilling
Russia’s Oil Companies Propose Postponing Extension of OPEC+ Deal Until March
At a meeting at the Ministry of Energy on Thursday, representatives of the Russian oil industry proposed that the current quotas for reducing production within …
Navajo Nation to Convert Methane into Hydrogen for Power
The Navajo Nation announced this week it has signed a contract with renewable energy companies to convert methane vented from its oil producing operations in so…
In Oil And Gas, Activist Investors Lose Steam
Relatively steady but low oil and gas prices in North America have led to a slowdown in energy M&A and activist investors are finding that when deals do happen,…
Crude
Iran Launches Operation to Seal an Expanding Oil Leak Off Persian Gulf Rig
Iranian authorities say a major leak that has taken place off an oil rig in the Persian Gulf waters is being contained as they insist more work would be needed …
Crude
Russia Set to Overshoot Oil Quota Yet Again Ahead of OPEC+ Talks
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Russia, OPEC’s largest ally in a deal to cut oil production, is o…
Manufacturers, Oil and Gas Industrial Sites Could Get Property Tax Break Under New Bill
A new bill before the legislature would allow municipalities to extend new commercial property tax exemptions to manufacturing, processing and other industrial …
CCS
The Top Five Legal Barriers To Carbon Capture And Sequestration In Texas
Texas has long been home to a large number of U.S. oil and gas companies with the technical and industrial know-how to tackle the hurdles of capturing, transpor…
Shale Gas
Is Shale Still Challenging OPEC’s Output Strategy?
US shale producers are cutting spending for the second year in a row. That raises questions about shale’s medium to long-term resilience as it struggles with s…
Oil Price
OPEC Countries Unanimously Support Extension of Oil Output Cuts
The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discu…
Oil & Gas Trade
Legendary Oil Trader Says the End of Demand Growth in Sight
Andy Hall, one of the most successful oil traders of his generation, is now predicting the biggest shift yet in the global market: the end of demand growth.
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