Oil & Gas Trade

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
Oil & Gas
Eurozone Industry Makes Gains Ahead of ECB Meeting
Eurozone industry rebounded in August, offering a ray of optimism for the beleaguered factory sector as European Central Bank policymakers prime to cut interest
Oil & Gas
Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in
Oil & Gas
Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the thir
Oil & Gas
FPSO Offshore Brazil Sees First Oil Sooner Than Planned
Offshore BrazilWhile the start of production was initially scheduled for 2025, the FPSO Maria Quitéria working in the Jubarte field produced its first oi
Oil & Gas
Phillips 66 to Shut Oil Refinery, End Gasoline Output in Los Angeles
Los Angeles-area oil refineryPhillips 66 (PSX.N), said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California'
Oil & Gas
Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction
ConocoPhillips (COP.N), has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds fr

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Most views from Oil & Gas Trade

Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%

Oil & Gas Trade

More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger

Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure

Top U.S. LNG Exports: China's Gas Demand Is Booming

Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal

Iraq Signs Gas Supply Agreement With Turkmenistan

SUBSEA7 Employs New Installation Method at Aramco’s Giant Offshore Oil & Gas Project (Gallery)

Rockhopper Wins Extension for Falklands Assets as It Sheds Two Italian Ones

ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras

China’s September Refinery Output Falls for the Sixth Straight Month

Eurozone Industry Makes Gains Ahead of ECB Meeting

Energy & Utilities Roundup: Market Talk

Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production

FPSO Offshore Brazil Sees First Oil Sooner Than Planned

Phillips 66 to Shut Oil Refinery, End Gasoline Output in Los Angeles

Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction

Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%

Venezuela Mulls Proposal to Extend PDVSA-Chevron Oil Joint Venture Through 2047

Venezuela's 2023 Oil Exports Rose, Aided by Us Sanctions Easing

Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal

Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines

Exclusive: Russia Increases Gasoline Imports From Belarus as Domestic Supplies Shrink