Oil & Gas 360

Latest articles from Oil & Gas 360

• Interest In Mexico’s Offshore Blocks Is Surging

  Published 03 June 2017 | viewed 13,889 times

  25 companies pre-qualified for upcoming lease sale The Comisión Nacional de Hidrocarburos (CNH), which will conduct the lease sale, has listed a total of 25…

• Russian Energy Minister: Oil Markets To Rebalance In Q3 2017

  Published 29 May 2017 | viewed 15,630 times

  Russia’s Novak suggests Russia has more room for deeper cuts Crude oil prices fell more than 5 percent Thursday after OPEC extended a production cut…

• The Top 10 Nations Exporting Oil To The U.S.

  Published 27 May 2017 | viewed 52,116 times

  U.S. has brought crude oil from 80 nations into its refineries In the past 30 years, the U.S. has imported more than 91 billion barrels…

• China Opens Up To Foreign Investment In Oil Sector

  Published 24 May 2017 | viewed 14,781 times

  China has said it will allow private companies to invest in the country’s oil and gas storage sector, the government said in a document laying…

• The Lowest Shale Breakeven Costs Are Here

  Published 22 May 2017 | viewed 55,079 times

  The Federal Reserve Bank of Dallas released its Energy Indicators report, outlining the continued recovery of the oil and gas industry. No surprise Texas is…

• Saudis May Enter The Shale Game

  Published 21 May 2017 | viewed 26,575 times

  Flooding the market has quickly emptied the kingdom’s checkbook In case you missed the past three years, on Thanksgiving Day 2014, OPEC announced it would…

• U.S. Shale Is Turning Up The Heat On OPEC

  Published 20 May 2017 | viewed 23,232 times

  OPEC has been restraining production since the beginning of the year, after a group of cartel members teamed with Russia and other non-OPECs and agreed…

• Asia’s LNG “Buyers Club” Is Shaking Up The Market

  Published 15 May 2017 | viewed 15,803 times

  Petronas, Malaysia’s state-owned energy company, and the world’s third-largest LNG exporter is exploring shorter-term contracts and smaller cargo sizes in an attempt to attract more…

• OPEC Confident In U.S. Shale’s Lack Of Longevity

  Published 09 May 2017 | viewed 21,833 times

  OPEC could extend cuts to 2018, but in the long run U.S. shale “won’t make a dent” Both WTI and Brent crude oil prices were…

• $44 Trillion Needed To Keep Up With World’s Energy Demands

  Published 06 May 2017 | viewed 18,985 times

  So far in 2017 a number of global energy experts and commodities watchers have looked beyond the current reporting period and they see a growing…

• Is Sand The New Oil And Gas Battleground?

  Published 29 April 2017 | viewed 21,071 times

  Is sand the next battleground for energy development? The early salvos are taking place in Minnesota’s Winona County. In late 2016, Winona County commissioners voted…

• Blackstone Buys Into Permian For $2 Billion

  Published 23 April 2017 | viewed 10,174 times

  EagleClaw Midstream Ventures, LLC and its financial sponsor, EnCap Flatrock Midstream, have entered into a binding agreement to sell the company to funds managed by…

• Could An OPEC Extension Normalize Inventories?

  Published 15 April 2017 | viewed 13,007 times

  Inventories 350 MMBO above historical average An extension of the OPEC production cuts should normalize global inventories this year, according to research by KLR Group.…

• Will Summer Bring $60 Oil?

  Published 12 April 2017 | viewed 22,343 times

  Refinery utilization hits 90.8 percent, the highest since the first week of the year U.S. refiners are picking up activity as the summer driving months…

• Gulf Of Mexico Breakeven Falls Below $50 Per Barrel

  Published 04 April 2017 | viewed 20,776 times

  Twice as many deepwater projects expected this year as the last two years combined While U.S. shale has been by far the most important topic…

• Asia’s Top LNG Players Forming Buyers Club

  Published 27 March 2017 | viewed 16,697 times

  Global oversupply in liquefied natural gas has emboldened buyers to push for more favorable contracts. Korea Gas Corp. (KOGAS), Japan’s JERA and China National Offshore…

• OPEC May Have No Choice But To Extend Cuts

  Published 21 March 2017 | viewed 6,494 times

  WTI crude oil prices were down again Monday, even as news that OPEC was considering extending production cuts reached markets. For a change, prices didn’t…

• OPEC Compliance Counters Weakening Oil Demand

  Published 17 March 2017 | viewed 9,205 times

  Saudi ups its cut to 135 percent of pledge; oil demand growth will slow to 1.4 MMBOPD: IEA The IEA released its monthly Oil Market…

• The U.S. Oil And Gas Sector Is Growing Again

  Published 16 March 2017 | viewed 8,494 times

  Overall U.S. unemployment rate down to 4.7 percent The Bureau of Labor Statistics released its February employment report today, outlining the state of employment in…

• Can Oil Supply Keep Up With Surging Demand?

  Published 12 March 2017 | viewed 14,199 times

  IEA chief sees no peak in oil demand, but slowed investment will reduce supply Global oil demand could outpace supply after 2020, according to a…