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    LOCATION:HOME> News > Industry News
    Industry News
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    10 2019-04

    Goldman draws inferences from 1990s to predict oil’s future

    SINGAPORE (Bloomberg) -- The future of the oil market may resemble the past―specifically the 1990s― according to Goldman Sachs Group. Thats when prices remained steadily in backwardation, a .........

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    09 2019-04

    As conflict escalates in Libya, so do global oil prices

    WASHINGTON (Bloomberg Opinion) -- Libya is heading towards mass chaos that puts oil output and exports at risk, just as its oil sector looked set to stage a recovery. A disruption to supplie.........

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    08 2019-04

    Jordan to negotiate $1 billion debt-reduction loan, oil from Iraq to help boost economy

    AMMAN (Bloomberg) -- Jordan and the World bank are in $1-billion loan discussions to cut the cost of the Middle East countrys debt repayments and revive an economy strained by more than a mi.........

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    04 2019-04

    Colorado oil industry gets overhaul by regulators

    DENVER (Bloomberg) -- Colorados legislature passed a sweeping overhaul of the states oil and natural gas laws, giving local governments more power to regulate drilling in one of the nations .........

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    03 2019-04

    Canadian Wildcatters see boost from oil cuts

    CALGARY (Bloomberg) -- Local wildcatters that pump light crude far from the giant oil-sands mines of northern Alberta are getting a big price boost from the curtailments announced at the sta.........

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    02 2019-04

    Lukoil appoints Sergey Kochkurov as V.P. , names additional leaders

    MOSCOW -- Lukoil has made changes in its leadership team. Sergey Kochkurov is appointed V.P. of PJSC Lukoil for technical services. He previously held the position of V.P. of PJSC Lukoil and.........

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    01 2019-04

    Texas oil production fell in January as pipeline bottlenecks prompted cut backs

    WASHINGTON (Bloomberg) -- The decline pushed overall U.S. production lower by 90,000 bopd, marking the first national drop since May, according to revised data from the Energy Information Ad.........

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    26 2019-03

    Ivory Coast to conclude licensing of six oil blocks by midyear

    ABIDJAN and JOHANNESBURG (Bloomberg) -- Ivory Coast plans to conclude the licensing of six oil blocks by June as the country seeks to increase crude output amid rising interest from supermaj.........

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    25 2019-03

    Pemex could receive $7 billion to pay ballooning debt

    MEXICO CITY (Bloomberg) -- Bankers in Guayaberas huddled in Acapulco to roll out a new online payment system and to pledge financial inclusion. But all anyone could talk about in the corrido.........

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    22 2019-03

    Murphy Oil signs $2.13-billion Malaysian divestiture deal

    EL DORADO, Ark. -- Murphy Oil Corporation has announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsi.........

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    20 2019-03

    U.S. Refiners Look to get in on shale oil export boom

    NEW YORK (Bloomberg) -- U.S. refiners arent just buying crude to turn into gasoline and diesel -- theyre competing with producers and traders to export it. Marathon Petroleum Corp. and Phill.........

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    19 2019-03

    Libya oil boss sees output gain with hope of BP pumping soon

    LONDON and CAIRO (Bloomberg) -- Libya boosted crude production by a third after restarting its biggest field, and its top oil official sees further gains when companies like BP Plc invest an.........

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    18 2019-03

    U.S. oil waivers that rocked market in 2018 coming back to focus

    SINGAPORE and BEIJING (Bloomberg) -- Uncertainty over U.S. waivers for buyers of Iranian oil is starting to grip the market again, under very different circumstances than when American sanct.........

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    15 2019-03

    OPEC urges oil producers to prevent return of surplus this year

    LONDON (Bloomberg) -- OPECs secretariat urged oil producers to keep going with efforts to prevent a surplus this year, as supplies from their rivals increase faster than world demand. Key OP.........

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    14 2019-03

    Targets needed to get more women in oil: Shell's U.S. head

    HOUSTON (Bloomberg) -- Hard targets for women in oil and gas are necessary to accelerate diversity in a male-dominated industry, Royal Dutch Shell Plcs U.S. President Gretchen Watkins said i.........

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