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Iraq's Oil Minister reshuffles upstream, gas posts in ministry   Feb 15, 2019
BEIRUT, Feb 15 (Reuters) - Several months after promising reform at his ministry, Iraq Oil Minister Thamer al-Ghadhban reshuffled several key deputies. Fayadh Nema was named deputy minister for ... Reuters  

TABLE-India's oil imports fell 10 pct in Jan y/y - trade   Feb 15, 2019
NEW DELHI, Feb 15 (Reuters) - India's oil imports declined by 10.4 percent in January from a year earlier to about 4.6 million barrels per day (bpd) as Reliance Industries Ltd, operator of the ... Reuters  

Enerplus Announces Cash Dividend for March 2019   Feb 15, 2019
CALGARY , Feb. 15, 2019 /CNW/ - Enerplus Corporation ("Enerplus") (TSX & NYSE: ERF) announces that a cash dividend in the amount of CDN$0.01 per share will be payable on March 15, 2019 to all ... Yahoo Finance  

Qatar's real estate market faces reality check ahead of World Cup   Feb 15, 2019
Tiny but wealthy Qatar, the world's top liquefied natural gas exporter, plans to increase residential space by about 50 percent and office space by 40 percent in the next three years, partly on ... Yahoo Finance India  

Anadarko Announces LNG Sale and Purchase Agreement with Bharat   Feb 15, 2019
acquiring and developing oil and natural gas resources vital to the world's health and welfare. As of year-end 2018, the company had approximately 1.47 billion barrels-equivalent of proved ... Yahoo Finance  

Exxon and Qatar’s $10B Golden Pass LNG project to move forward, contracts awarded   Feb 15, 2019
Qatar, Exxon and Houston-based ConocoPhillips (NYSE: COP) previously formed a joint venture to own the existing Golden Pass import facilities, but Reuters reported last week that ConocoPhillips plans to sell its 12.4 percent stake, likely to Exxon. The Business Journals  

RPT-As traders tussle over tankers, Turkmenistan slashes oil exports   Feb 15, 2019
MOSCOW/LONDON, Feb 14 (Reuters) - A clash between trading house Vitol and Azerbaijan’s SOCAR over Caspian Sea oil shipments is forcing Turkmenistan to slash exports of crude due to a lack of ... Reuters  

Ruble, buoyed by oil, steadies after sanctions threat   Feb 15, 2019
MOSCOW (Reuters) - The ruble steadied against the dollar on Friday, supported by rising oil prices a day after the threat of new U.S. sanctions unnerved Russia’s financial markets. At 0730 GMT ... Reuters  

Oil Poised for Weekly Gain as OPEC+ Curbs Counter Trade Worries   Feb 15, 2019
(Bloomberg) -- Oil headed for its biggest weekly gain in a month as the OPEC+ coalition’s supply cuts and reduced output from the world’s biggest offshore field overshadowed renewed concern over the U.S.-China trade war. Futures in New York were steady ... Finance Yahoo  

Crude Oil Price Update – Strengthens Over $54.36, Weakens Under $53.84   Feb 15, 2019
U.S. Crude oil futures are trading higher on Wednesday shortly before the U.S. Energy Information Administration’s weekly inventories report. It’s expected to show a build of 2.1 million barrels. However, traders aren’t sure with this number since ... Yahoo New Zealand  

Big Oil’s Big Issue With Embracing ‘Big Energy’   Feb 15, 2019
Shell’s plan to invest $1-2 billion a year ... in the traditional upstream and downstream bits of an integrated oil company. To get a sense of that, here is the annual change in adjusted ... Yahoo Finance  

Fight On Climate Change Could Accelerate Norway’s Oil Decline   Feb 15, 2019
Stricter global climate policies could influence Norway’s oil and gas industry and lead to a phase out of oil and gas sooner than previously expected, Oystein Olsen, the Governor of Norway’s ... OilPrice  

Brent oil slips from 2019-high as economic woes counter OPEC-led cuts   Feb 15, 2019
SINGAPORE (Reuters) - Brent crude oil prices slipped away from 2019 highs above $65 per barrel reached earlier on Friday, as economic concerns countered OPEC-led supply cuts and a partial shutdown ... Reuters  

UPDATE 1-Eni beats expectations as quarterly profit jumps 55 pct   Feb 15, 2019
MILAN, Feb 15 (Reuters) - Italian oil company Eni beat expectations with ... Claudio Descalzi said in a statement. BP, Royal Dutch Shell and Total have all reported higher profits driven by ... Reuters  

Oil hits 2019 highs on OPEC cuts, Saudi field outage   Feb 15, 2019
SINGAPORE (Reuters) - Brent crude oil prices hit 2019 highs above $65 per barrel on Friday, spurred by OPEC-led supply cuts and a partial shutdown of Saudi Arabia’s biggest offshore oil field. Reuters  

Warren Buffett Sells Off $2.1 Billion Oracle Stake, Trims Apple Investment   Feb 15, 2019
Berkshire Hathaway also added new positions in another tech company, enterprise-software veteran Red Hat, as well as Suncor Energy, a Canadian company that produces synthetic crude from oil sands. Yahoo Finance  

India To Continue Buying Venezuelan Oil Despite U.S. Warning   Feb 15, 2019
India will look into commercial considerations and related factors to determine the value of oil imports from any country, an Indian official said on Thursday, after a top U.S. official warned ... OilPrice  

Asian stocks fall after weak U.S. data, crude oil buoyant   Feb 15, 2019
TOKYO (Reuters) - Asian stocks fell on Friday after weak U.S. retail sales figures raised fresh doubts about the strength of the world’s largest economy, offsetting optimism towards trade talks between the United States and China. Also casting a shadow ... Reuters  

Oil prices hit 2019 highs amid OPEC-led supply cuts   Feb 15, 2019
SINGAPORE (Reuters) - Oil prices rallied on Friday, with Brent crude futures hitting fresh 2019 highs amid U.S. sanctions against Venezuela and Iran and supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC). Brent pushed above $65 ... Finance Yahoo  

10 Hot Stocks Leading the Market’s Blitz Higher   Feb 15, 2019
The company, along with ExxonMobil (NYSE:XOM) recently announced positive results from two offshore wells in Guyana. The company will next report results on May 1 before the bell. Analysts are ... Yahoo Finance  

U.S. oil rallies as exporters trim production   Feb 15, 2019
SYDNEY (Reuters) - U.S. oil prices rose on Friday, gaining for a fourth day on hopes of further supply cuts by major exporters, despite uncertainty about U.S.-China trade talks. U.S. West Texas ... Reuters  

Raven problem at Suncor's Fort McMurray site fixed thanks to an owl and a hawk   Feb 15, 2019
Until recently, the Suncor plant in Fort McMurray had a bird problem. To be more specific: they had hundreds of ravens roosting on their oil sands site. Which meant a lot of noise and a lot of poop, so much it became a safety risk. Suncor brought in two ... CBC.ca  

Why I Like Marathon Oil's Latest Earnings   Feb 15, 2019
Marathon Oil reported strong earnings and blowout sales growth. The company continues to improve margins despite a weaker oil price in the fourth quarter. According to Marathon Oil, we can expect ... Seeking Alpha  

Three companies bids to supply New York with offshore wind power   Feb 15, 2019
Oil and gas firm Equinor, formerly known as Statoil, rebranded itself last year as a broad energy company, aiming to invest up to 20 ... with partners also including French EDF and Royal Dutch Shell Plc, told the state they may be interested in bidding ... Reuters  

U.S. shale executives predict oil production constraints to remain   Feb 15, 2019
On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets ... Reuters  

Lower Your Costs, Or Die’’ Big Oil’s New Mantra   Feb 15, 2019
Fracking and the booming short-cycle shale production in the Permian have revolutionized not only U.S. crude oil production. The prolific shale basin in West Texas and New Mexico has also shown U ... OilPrice  

Militants Threaten Attacks On Nigeria’s Oil If President Is Re-elected   Feb 15, 2019
The Niger Delta Avengers (NDA)—the militant group responsible for most of the attacks on Nigeria’s oil infrastructure in 2016—resurfaced days before the Nigerian presidential elections this ... OilPrice  

Saudi Aramco Makes Existential Bet On Oil   Feb 15, 2019
Rather than diversifying, Saudi Arabia is going to look abroad for more oil. When asked by the FT if Saudi Aramco is looking to become an international player like ExxonMobil or Shell, al-Falih re ... Crude Oil Prices  

The global heat transfer fluid market size is projected to reach USD 3.24 billion by 2025   Feb 14, 2019
Key players such as DowDuPont, Eastman Company, ExxonMobil, Shell, and British Petroleum have integrated their business operations along the value chain to further strengthen their market position and sustain in the market.These companies have authorized ... The Business Journals  

Berkshire Hathaway takes new stake in Canada's Suncor Energy   Feb 14, 2019
TORONTO/WINNIPEG, Manitoba (Reuters) - Warren Buffett’s Berkshire Hathaway Inc said on Thursday it had taken a fresh stake in Suncor Energy Inc for the second time in about six years, sending ... Reuters  

Pembina Pipeline Corporation Announces Conversion Results for Series 3 Preferred Shares   Feb 14, 2019
Pembina owns an integrated system of pipelines that transport various hydrocarbon liquids and natural gas products produced primarily in western Canada. The Company also owns gas gathering and ... Yahoo Finance  

Explainer: What's at stake in U.S.-China trade talks   Feb 14, 2019
Beijing also has imposed tariffs of 5 percent to 10 percent on another $60 billion worth of U.S. goods, including liquefied natural gas, chemicals, frozen vegetables and food ingredients. Reuters  

U.S.-owned utility to close two coal plants, in blow to Trump   Feb 14, 2019
Both are about 50 years old. Johnson told Reuters in December that TVA will keep cutting carbon emissions in future years after replacing much of its coal-fired fleet with plants run on natural gas, nuclear and renewables. Paradise 3, which entered service ... Reuters  

Trump administration approves 2 coal mining projects in Utah   Feb 14, 2019
The Trump administration’s pro-coal policies to date have failed to stop the industry’s ongoing slide, as electric utilities across the U.S. continue to turn to cheaper and cleaner alternatives such as natural gas, solar and wind. Associated Press  

Suncor Energy +3% as Berkshire takes stake   Feb 14, 2019
Suncor Energy (NYSE:SU) +2.8% after-hours as Berkshire Hathaway (BRK.A, BRK.B) discloses taking a 10.8M-share stake in the company, representing 0.7% of SU's total outstanding shares. Red Hat ... Seeking Alpha  

Oil prices edge higher as Wall Street recoups losses   Feb 14, 2019
NEW YORK (Reuters) - Oil prices edged higher on Thursday and Brent hit the highest level this year, but gains were capped after the steepest decline in U.S. retail spending since 2009 heightened investor fears of a global economic slowdown. U.S. stocks ... Reuters  

Near-Term Outlook for Alternative Energy Industry Bright   Feb 14, 2019
While one group is involved in the generation and distribution of alternative energy and electricity from sources like wind, natural gas, biofuel, hydro and geothermal, the other set is engaged in ... Yahoo Finance  

How Blockchain Is Changing The Face Of Oil Trading   Feb 14, 2019
As the hype around blockchain subsides and actual applications come to light, the technology is beginning to change the face of a huge industry: crude oil and gas trading. This could be just the ... OilPrice  

Buffett's Berkshire reports new stake in Canada's Suncor, shares spike   Feb 14, 2019
Berkshire Hathaway added more than 10.8 million shares of Suncor, an energy company based in Calgary, Canada. Shares of Suncor jumped as high as nearly 4 percent in after-hours trading on Thursday. Yahoo Finance  

Stocks making the biggest moves after hours: Nvidia, Truecar, CBS and more   Feb 14, 2019
The original goal was 16 million by 2022. Shares of Suncor Energy ticked 4 percent higher in extended trading based on news that Berkshire Hathaway acquired 10.8 million shares in the Canadian energy company. The stock was later trading mostly flat. Yahoo Singapore Finance  

Feds requiring regional response teams to oil train wrecks   Feb 14, 2019
CHARLESTON, W.Va. (AP) — Federal transportation officials are requiring railroads to establish regional response teams along oil train routes following a series of fiery derailments. The new rule announced Thursday is aimed at having crews and equipment ... Associated Press  

U.S. Biofuel Just Got A Major Bump   Feb 14, 2019
At that time, the two economic powers were already discussing the issue of soybeans as part of a potential no-tariff deal that also included non-auto industrial goods and liquified natural gas (LNG). OilPrice  

This Cheap Oil Stock Generated Its First Profit in Years. Time to Buy?   Feb 14, 2019
Considering all the bad news during the fourth quarter about U.S. producers exhausting capital spending budgets early and the Alberta government enforcing production reductions to alleviate a glut ... Yahoo Finance  

Berkshire Hathaway takes stake in Canada's Suncor Energy   Feb 14, 2019
(Reuters) - Warren Buffett’s Berkshire Hathaway Inc said on Thursday it had taken a stake in Suncor Energy Inc, sending the U.S.-listed shares of the oil and gas producer up 4 percent in after-market trading. Berkshire said in a filing with the ... Reuters  

Pioneer Natural Resources to Present at Simmons Energy Conference   Feb 14, 2019
Pioneer Natural Resources Company (PXD) today announced that President and Chief Executive Officer Tim Dove, will participate in a Fireside Discussion at Simmons Energy Conference on Wednesday ... Yahoo Finance  

This Oil Stock Is Giving Back Loads of Cash to Its Investors   Feb 14, 2019
One of the things that Phillips 66 has done a spectacular job of since it was spun out of ConocoPhillips is generate loads of cash and return a large chunk of it to its investors. So on the ... Yahoo Finance  

Russian Energy Minister: We Avoided $25 Oil With OPEC Deal   Feb 14, 2019
1 day "Renewable" Energy or Hydrocarbons Keeping People From Freezing Their Butts Off This Week in U.S.? 1 day Mullahs Out Of Control: 'Get out of Syria,' Iran tells U.S The OPEC/non-OPEC ... OilPrice  

Chevron: Time To Buy?   Feb 14, 2019
Downstream sector reported average numbers. Operating cash flow has increased drastically. On February 1, 2019, U.S.-based energy giant Chevron (CVX) released its quarter four 2018 earnings ... Seeking Alpha  

Pioneer Natural plans to cut capex, slow production growth in 2019   Feb 14, 2019
Pioneer Natural Resources (PXD-1.3%), one of the Permian Basin's biggest producers, says it plans to cut capex and slow the rate of production growth in the play. PXD said in today's earnings ... Seeking Alpha  

United Kingdom : Essar Oil Uk Group Acquires Bp Strategic Assets to Drive Further Growth   Feb 14, 2019
The Essar growth story continues: Under the agreement, Essar will acquire an equity stake in the UKOP pipeline, a share of the contractual joint venture (with Shell ... The company remains committed to further UK investment: Essar Oil UK Chief Executive ... MarketWatch  

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