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Oil & Gas Trade
Oil & Gas
Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil
Oil & Gas
New Offshore Platform Taps Into Potential Of Heavy-oil Reserves In China
The world's first mobile thermal-injection platform was recently delivered in China's Shandong province, offering new opportunities to tap into China
Oil & Gas
Shell Q3 Profits Of $6 Billion Beat Forecast As Gas Offsets Weak Refining
Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker refining and oil trading results were offset by higher ga
Oil & Gas
Nigeria Sees Objections to Shell Oil Asset Sale Resolved Soon
Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they shou
Oil & Gas
ExxonMobil Is Back In Cyprus
ExxonMobil’s commitment to the region is proved by its extension to Egypt and Greece and renewed interest in CyprusIt has been over two-and-a-half years s
Oil & Gas
Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corp
Oil & Gas
More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger
Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th
Oil & Gas
Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure
Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful
Oil & Gas
Top U.S. LNG Exports: China's Gas Demand Is Booming
Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive
Oil & Gas
Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal
Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , opens new tab, the cou
Oil & Gas
Iraq Signs Gas Supply Agreement With Turkmenistan
Turkmenistan’s gas supply to Iraq would vary seasonally. Credit: TinoFotografie/Shutterstock.Iraq has inked a gas supply agreement with Turkmenistan, securing
Oil & Gas
SUBSEA7 Employs New Installation Method at Aramco’s Giant Offshore Oil & Gas Project (Gallery)
Luxembourg-domiciled Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors o
Oil & Gas
Rockhopper Wins Extension for Falklands Assets as It Sheds Two Italian Ones
According to Rockhopper, the insurance policy will enable the combination of the second tranche payment and the insurance payout to leave the firm with €31
Oil & Gas
ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News AgencyThe American Bureau of Shipp
Oil & Gas
China’s September Refinery Output Falls for the Sixth Straight Month
China's refinery output fell 5.4% last month versus a year earlier, official data showed on Friday, declining for a sixth consecutive month even with the st
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Most views from Oil & Gas Trade
1
Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
2
China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024
3
Nigeria Inks Massive Oil Deal With Supermajors
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Algeria and Spain in talks to increase gas supply
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Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US
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Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit