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    LOCATION:HOME> News > Industry News
    Industry News
    The following is the news list page
    22 2018-11

    Major storm shuts all of Eastern Canada's crude oil production

    NEW YORK (Bloomberg) -- A huge low-pressure system that swept through Canadas Atlantic seaboard last week shut all of the regions oil production. Only one field has restarted service in the .........

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    20 2018-11

    Oil regains ground as capacity warnings counter Russia questions

    NEW YORK CITY (Bloomberg) -- Oil prices regained ground after an earlier slide, as traders weighed countervailing signals about how much OPEC and its allies can afford to trim production. Fu.........

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    16 2018-11

    Citi says oil's record plunge is a U.S. phenomenon

    SINGAPORE (Bloomberg) -- American fingerprints are all over oils record losing streak thats plunged prices into a bear market. The State Departments zigzag on Iran sanctions, President Donal.........

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    14 2018-11

    Shale oil's good, but it's not here to stay

    LONDON (Bloomberg) -- U.S. shale may be the darling of the oil industry right now, but the boom isnt going to last, according to the International Energy Agency. The richest areas will have .........

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    08 2018-11

    South Sudan oil outlook hinges on shaky peace deal, WoodMac says

    JOHANNESBURG (Bloomberg) -- South Sudans optimism about restoring oil output to 350,000 bpd depends on the success of a recent peace deal and both are unlikely, according to Wood Mackenzie L.........

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    02 2018-11

    Pioneer announces sale of South Texas oil assets for $132 million

    DALLAS -- Pioneer Natural Resources Company has announced that it has signed a purchase and sale agreement with an undisclosed third party to sell approximately 2,900 net acres in Sinor Nest.........

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    01 2018-11

    Colombia plans Mexico-style oil hedge after recent volatility

    BOGOTA (Bloomberg) -- Colombia is planning to hedge its oil exports to protect the government from the violent swings in revenue it suffered in recent years. The financing bill to be present.........

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    25 2018-10

    Trump approves plan for oil production facility on manmade Arctic island

    WASHINGTON (Bloomberg) -- The Trump administration has authorized Hilcorp Energy Co.s plan to build an artificial gravel island in the Beaufort Sea north of Alaska and use it to extract crud.........

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    19 2018-10

    Oil trades near one-month low after U.S. crude stockpiles surge

    LONDON (Bloomberg) -- Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a miss.........

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    18 2018-10

    Oil falls after U.S. stockpiles swell for fourth straight week

    NEW YORK (Bloomberg) -- Oil posted the biggest decline in two months after U.S. government data showed expanding crude stockpiles. Futures fell 3% in New York on Wednesday. Domestic crude in.........

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    17 2018-10

    Oil drops as swelling U.S. crude inventories signal ample supply

    NEW YORK (Bloomberg) -- Oil declined on concerns that U.S. crude stockpiles are expanding at a rate not seen since early 2017 as American drillers lift output to unprecedented levels. Future.........

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    16 2018-10

    Oil sheds gains after Trump turns down heat in Saudi dispute

    NEW YORK (Bloomberg) -- Oil surrendered most of its early gains after tensions appeared to ease between the U.S. and Saudi Arabia amid growing international outrage over the disappearance of.........

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    15 2018-10

    100 MMbbl: The world hits daily oil, liquids record

    SINGAPORE (Bloomberg) -- The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 MMbpd in the third quarter, the International Energy Agen.........

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    12 2018-10

    Wildcatters still a gamble for investors despite oil's rise

    JOHANNESBURG (Bloomberg) -- Higher oil prices may seem like the pot of black gold at the end of the rainbow for wildcat explorers in frontier plays. But even with talk that prices of $100/bb.........

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    11 2018-10

    Trump still doesn't like the price of oil, even as it falls

    NEW YORK (Bloomberg) -- This time it wasnt a tweet. President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude dropped from a four-year high .........

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