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Did This Gas Major Just Ensure Its Survival?

Did This Gas Major Just Ensure Its Survival?

Santos Ltd. just posted a…

Is It Time To Invest In Offshore?

Is It Time To Invest In Offshore?

The deepwater and offshore sectors…

Energy

Did This Gas Major Just Ensure Its Survival?

Did This Gas Major Just Ensure Its Survival?

Apr 19, 2019 at 13:03 | Tim Daiss

Australia’s second largest independent gas producer, Santos Ltd., has posted a Q1 production record. The Adelaide-based company said production for the first quarter ending March 31 rose to a record…

Top Heavy Oil Markets Continue To Rally

Top Heavy Oil Markets Continue To Rally

Apr 19, 2019 at 13:01 | Jim Hyerczyk

U.S. West Texas Intermediate and international-benchmark Brent crude oil managed to eke-out a small gain for the holiday-shortened week, but the volatile, two-sided price action indicated cracks may be developing…

The Unique Device Generating Power From Snow

The Unique Device Generating Power From Snow

Apr 19, 2019 at 13:01 | Irina Slav

A team of researchers from the University of California Los Angeles have created a unique device that can generate electricity from snowfall, science media report, citing a paper published…

Permian Oil Now Selling At A Discount

Permian Oil Now Selling At A Discount

Apr 19, 2019 at 13:00 | Nick Cunningham

Gulf Coast refiners are having trouble swallowing up all of the ultralight oil coming out of the Permian. The Permian continues to add production, even as drilling activity slows…

The Firm Floor Under Oil Prices

The Firm Floor Under Oil Prices

Apr 19, 2019 at 12:08 | Tom Kool

The continued slowdown of US shale production and the looming deadline for Iran sanctions waivers have put a floor under oil prices this week

Top Heavy Oil Markets Continue To Rally

Top Heavy Oil Markets Continue To Rally

Apr 19, 2019 at 12:03 | Editorial Dept

U.S. West Texas Intermediate and international-benchmark Brent crude oil managed to eke-out a small gain for the holiday-shortened week, but the volatile, two-sided price action indicated cracks may be developing…

Energy Industry On Edge As Geopolitical Tensions Rise

Energy Industry On Edge As Geopolitical Tensions Rise

Apr 19, 2019 at 12:01 | Editorial Dept

Libyan oil is still flowing - for now - but a stoppage is becoming increasingly likely as General Haftar’s advance on Tripoli hits a few snags thanks to militia paid…

Is It Time To Invest In Offshore?

Is It Time To Invest In Offshore?

Apr 19, 2019 at 11:58 | Editorial Dept

After years of neglect due to low oil prices, oil companies are again beginning to devote capex to the offshore, and deepwater sectors. They are able to do this for…

Prepare For An Oil Price Spike

Prepare For An Oil Price Spike

Apr 19, 2019 at 11:57 | Editorial Dept

Friday April 19, 2019 1. China’s oil demand remains robust- The bearish case for crude oil this year largely comes…

Why Russia Fails To Speed Up Production Cuts

Why Russia Fails To Speed Up Production Cuts

Apr 19, 2019 at 10:25 | Tsvetana Paraskova

Russia’s crude oil production stood at around 11.24 million bpd in the first 18 days of April, Reuters reported on Friday, citing an industry source. This means that the…

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