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Will The White House Prevent Rosneft From Buying Citgo?

The potential Rosneft purchase of…

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Oil Price Volatility Is Set To Return

An IEA official has warned…

News

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Nigerian Oil Output Below 1.8 Million BPD Quota

Sep 22, 2017 at 17:38 | Zainab Calcuttawala

Nigerian oil production remains below 1.8 million barrels per day, in compliance with a quota set on the African nation by OPEC earlier this year in response to its…

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Colorado Landfills Contain Radioactive Substances From Oil Sector

Sep 22, 2017 at 17:34 | Zainab Calcuttawala

Landfills in Colorado have begun to fill their space with low-level radioactive substances from oil and gas activities, state health officials have said, according to the local news site…

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Phillips 66 Partners To Buy Phillips 66 Assets In $2.4B Deal

Sep 22, 2017 at 16:57 | Tsvetana Paraskova

Phillips 66 Partners (NYSE:PSXP), the master limited partnership of Phillips 66, said on Friday that it would buy assets from Phillips 66 (NYSE:PSX) in a deal valued…

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Japan Court Slams Tepco With Fukushima Damages Bill

Sep 22, 2017 at 14:38 | Irina Slav

The Chiba District Court in Japan has ordered Tokyo Electric Power Company Holdings, or Tepco, to pay damages to a group of Fukushima prefecture residents who were forced to…

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Oil Spills From Pipeline After Syria Army Retakes Oil Field From ISIS

Sep 22, 2017 at 13:41 | Tsvetana Paraskova

Oil spilled from a pipeline at the al-Teym oil field in the oil-rich desert south of Deir al-Zor in Syria after the Syrian Arab Army and its allies had recaptured…

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Total Joins Chevron In Gulf Of Mexico Development

Sep 22, 2017 at 13:00 | Irina Slav

French Total has expanded its presence in the Gulf of Mexico by closing a farm-in agreement with Chevron for the development of seven prospects covering 16 blocks in the deepwater…

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Goldman Chief Urges Riyadh To Get Vision 2030 Going

Sep 22, 2017 at 11:24 | Irina Slav

Goldman Sachs’ chief executive, Lloyd Blankfein, has urged Saudi Arabia to pursue faster progress on its Vision 2030 economic diversification program. Speaking at the Bloomberg Global Business forum in…

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OPEC Talks End Without Recommendation On Output Cut Extension

Sep 22, 2017 at 09:23 | Tsvetana Paraskova

The OPEC/non-OPEC joint panel on monitoring the cuts, which met in Vienna today, has concluded talks without any recommendation for the broader group on whether it will extend the production cuts…

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Jamaican Refinery Expansion Stalls Due To Venezuela’s Financial Woes

Sep 21, 2017 at 17:31 | Zainab Calcuttawala

The Petrojam refinery in Jamaica cannot be renovated as planned due to the acute shortage of funds in Venezuelan coffers, according to reports from local media. Jamaican Prime Minister…

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India In Talks to Acquire 20 Percent Of UAE Oilfield

Sep 21, 2017 at 17:24 | Zainab Calcuttawala

Indian oil companies could acquire up to 20 percent of an oil field belonging to the Abu Dhabi National Oil Company (ADNOC), Utpal Bora, CMD of Oil India Limited,

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