UK oil major Wood Group…
The US achieved record-breaking oil…
Delegates from OPEC and its non-OPEC allies discussed this week potentially changing the metric they use to measure the success of the production cut pact, with most proposals shifting the…
The faster oil services firms and oil exploration companies adopt digitalization, the more data they generate with every well they drill and every digital map of oil resources they create—but…
One of the world’s biggest commodity traders, Trafigura, was the largest exporter of U.S. crude oil and condensate over the past year, its CEO Jeremy Weir said on Tuesday.…
At the good ship Clipper, we like to look at flows from two perspectives: sinks and sources. The sources are the main origins of the flows: The key exporting regions…
U.S. crude oil exports are surging and going to a growing number of buyers around the world, including to the fastest-growing demand centers in Asia, the traditional stronghold of the…
U.S. oil companies have stepped up their hedging for 2018 production, locking in sales at higher prices. In the fourth quarter, U.S. producers increased the share of their 2018 output…
Two trillion dollars: this was the price tag Riyadh put on the jewel in its crown, state oil and gas giant Aramco. This is how much the company was worth,…
The March OPEC Monthly Oil Market Report is out with the February production data. All data is through February 2018 and is in thousand barrels per day.
After plunging oil bulls into deeper gloom by forecasting a 131,000-bpd jump in shale oil production next month, the Energy Information Administration reported a 5-million-barrel increase in crude…
Ageing fields and high production costs dragged down China’s domestic crude oil production in January and February, on par with the lowest level on record according to Chinese government…
In an industry that is always full of contradictions, 2018 has been a particularly complicated and divisive year for the global oil markets--and it looks like it won’t be letting…
Baker Hughes reported another 3-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 984, which…
Alberta’s government may be considering a suspension of crude oil shipments to British Columbia in the latest episode of what is turning into a drama series starring Canada’s biggest oil…
Saudi Arabia has big gas plans, with Aramco eyeing a twofold increase in its natural gas production over the next ten years as it seeks to switch local power plants…
“The energy reform has a lot of benefits to the country, to the people, so the worst case scenario in my point of view is that the speed that we…
When a little-known private Chinese company said in September 2017 that it would be buying 14 percent in Rosneft, many analysts were wondering how an obscure fuel trading company rose…
Energy dominance is a term that has become almost synonymous with Trump’s administration. On the face of things, it may seem that the term requires no further analysis for a…
The U.S. could add around 4 million barrels per day (mb/d) of additional supply in the coming years, and most of it will be shipped abroad, turning the U.S. into…
The Permian has been attracting independent U.S. drillers and oil majors who want to capitalize on short-cycle returns in the world’s hottest shale play, but one of the world’s supermajors…
Malaysian state-owned oil and gas giant Petronas is back in the game. After a series of steps or rather missteps, including being involved in high profile corruption scandals and after…