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W. Africa Crude-Qua Iboe clears, Angolan nearly gone   Feb 11, 2019
ExxonMobil sold two cargoes of Nigerian Qua Iboe to Shell, traders said, loading in late March. The level was said to be just below dated Brent plus $2.00 a barrel. * More than 25 cargoes of ... Reuters  

Nord Stream 2 Was Always A Done Deal   Feb 11, 2019
What are the stakes and what went wrong? When finished, the Nord Stream 2 pipeline will transport 55 bcm of natural gas directly to Gazprom's most prominent customer Germany instead of the ... OilPrice  

PDVSA Directs Oil Buyers To Russian Bank Account: Report   Feb 11, 2019
Venezuela’s troubled state oil company PDVSA is telling the buyers of oil produced by its joint ventures to deposit the money for purchases in a new bank account recently opened at Russia’s ... OilPrice  

Will Venezuela’s Growing Crisis Benefit Canadian Energy Stocks?   Feb 11, 2019
It will also incentivize other, larger heavy oil producers like Canadian Natural Resources and Cenovus Energy to ramp up activity at their heavy oil operations after slowing production in response to weaker WCS prices. If the government-mandated production ... Finance Yahoo  

Cyprus, Egypt, Greece say gas search in sea won't be stopped   Feb 11, 2019
Italy's Eni, France's Total and ExxonMobil are involved in Cyprus' search for gas off its southern coast. Turkey insists the exploration infringes on its rights and the rights of Turkish Cypriots to east Mediterranean hydrocarbon reserves. Turkish Foreign ... Houston Chronicle  

Can Mexico Stop Its Oil Production Decline?   Feb 11, 2019
Five years after former president Enrique Peña Nieto ended Pemex’s monopoly and opened Mexico’s oil industry to private foreign investment, the new administration is betting again on the ... OilPrice  

10-Q: MARINE PETROLEUM TRUST   Feb 11, 2019
As a result of various transactions that have occurred since 1956, these interests now are held Table of Contents by Chevron Corporation ("Chevron") and its assignees, including Arena Energy, LP (collectively with Chevron and its assignees, the "Interest ... MarketWatch  

Ignore the Poor Outlook for Natural Gas and Buy This South American Driller   Feb 11, 2019
A prolonged slump in natural gas prices, which sees the North American Henry Hub benchmark trading around US$2.62 per million British thermal units (MMBTU), coupled with the deep discount applied to Canadian AECO gas pricing is making many domestic natural ... Finance Yahoo  

U.S. Sanctions, OPEC Cuts Create Rare Oil Price Shakeup   Feb 11, 2019
Due to tighter supply of medium and heavy sour crude oil, Middle Eastern benchmarks for sour crude grades have been trading higher than Brent Crude prices since the beginning of February in a ... OilPrice  

South Sudan Aims To Boost Oil Production To 350,000 Bpd By Mid-2020   Feb 11, 2019
South Sudan is looking to pump more than 350,000 bpd of oil by the middle of next year, compared to current production of 140,000 bpd, South Sudan’s Oil Minister Ezekiel Lul Gatkuoth told ... OilPrice  

Downtown vacancies are a complicated problem with no clear solution: consultant   Feb 11, 2019
"That suburban office space seems to be attracting some of the tenants away from the downtown." In some cases, as with ExxonMobil Canada, businesses are choosing to own their space, removing them from the office rental market altogether. Parking ... CBC.ca  

Five PG&E directors to remain in revamped board   Feb 11, 2019
(Reuters) - PG&E Corp expects only five of its current 10-strong board to stand for reelection at an annual shareholder meeting in May, as it restructures after filing for bankruptcy last month ... Yahoo Finance  

TransCanada's Keystone oil pipeline section still shut after Missouri leak   Feb 11, 2019
NEW YORK (Reuters) - TransCanada Corp said on Monday a part of its Keystone crude pipeline from Steele City, Nebraska, to Patoka, Illinois, remained shut after a leak was discovered in the St ... Yahoo Finance  

First U.S. Coal Plant in Years Opens Where No Options Exist   Feb 11, 2019
(Bloomberg) -- One way to boost coal in the U.S.: Find a spot near a mine with no access to oil or natural gas pipelines, where it’s not particularly windy and it’s dark much of the year. Yahoo Finance  

EU mergers and takeovers (Feb 11)   Feb 11, 2019
Energy producer and provider Total Holdings USA to acquire sole control over oil and natural gas production company Chevron Denmark (notified Feb. 1/deadline March 8) — Insurer Marsh & McLennan Companies to acquire share capital of British peer Jardine ... Reuters  

Diamondback Energy Still Growing Strong After The Merger   Feb 11, 2019
Diamondback Energy (FANG) recently completed a merger with Energen (EGN) to cement its place as one of the largest Permian producers along with Occidental Petroleum (OXY). Unlike Occidental ... Seeking Alpha  

Amelia Resources LLC Offers 400,000 Net Acres in the Louisiana Austin Chalk & LAMS Stack Play at the NAPE Summit   Feb 11, 2019
Amelia's President, Kirk Barrell, said, "EOG, ConocoPhillips, and Marathon are leading the industry into this emerging unconventional play. With comparable rock properties to the successful Austin Chalk completions in Texas, our acreage package presents ... MarketWatch  

52-Week Company Lows   Feb 11, 2019
According to GuruFocus, these stocks have reached their 52-week lows. Anadarko Petroleum reached the 52-week low of $41.84 The price of Anadarko Petroleum Corp. (APC) shares has declined close to ... Yahoo Finance  

Suncor Energy: Pricing Differential Drags On Results   Feb 11, 2019
The differential between WCS and WTI crude oil was at its highest levels ever during the fourth quarter of 2018. This had an impact on all of Suncor's financial figures. The company's refinery ... Seeking Alpha  

Pipelines, Politics and Profits   Feb 11, 2019
That's just oil. The natural gas story is even better. The U.S. is now a net exporter of natural gas, and we are quickly turning into a natural gas superpower. The EIA expects natural gas ... Yahoo Finance  

Oil prices slide, slow progress in trade talks counters OPEC cuts   Feb 11, 2019
LONDON (Reuters) - Oil prices fell on Monday as an uptick in U.S. drilling, a shutdown caused by a fire at a major U.S. refinery and concerns about U.S.-Chinese trade talks all overshadowed support from OPEC-led supply restraint. Benchmark Brent oil were ... Reuters  

Crude oil prices under pressure over worries of global slowdown   Feb 11, 2019
Crude oil is coming under pressure today as worries over global economic growth and future supply come into play. Yahoo Finance's Alexis Christoforous speaks to Senior Oil Market Analyst Ashley ... Yahoo Finance  

Total CEO says pushing further into LNG in 2019   Feb 11, 2019
CAIRO, Feb 11 (Reuters) - Total CEO Patrick Pouyanne said on Monday the French oil major was looking to push further into liquefied natural gas (LNG) over the next year, with five more projects ... Reuters  

Range Resources +4% after 'impressive' reserve update   Feb 11, 2019
Range Resources (RRC +4.6%) rallies as much as 5.5% intraday after what Scotia Howard Weil calls "another strong year" of proved reserve growth at 18% to 18.1T cfe. RRC says it added a record 3.1T ... Seeking Alpha  

South Africa Oil Discovery Could Be A Game-Changer   Feb 11, 2019
BP and Shell are expanding their African presence, while ExxonMobil is focusing on western and southern Africa, amassing stakes in prospects in Ghana, Mauritania, Namibia, and South Africa, hoping to strike a discovery containing no less than a billion ... Finance Yahoo  

Low Venezuelan oil output could fall another 50% by 2020   Feb 11, 2019
Trump's proposed steel tariffs could hammer Houston... OPEC, Russia seen beating expectations on output cuts Noble Energy selling its Gulf of Mexico business to Fieldwood Search resumes for missing after Oklahoma rig explosion Houston Chronicle  

Yemen Eyes Exports Of 75,000 Bpd This Year   Feb 11, 2019
According to Al-Awd, Yemen will also boost its liquefied natural gas production this year. The target is 6.7 million tons of the fuel, with half of that to be bound for exports. A year later ... OilPrice  

Venezuela seeks to double oil exports to India   Feb 11, 2019
NEW DELHI (Reuters) - Venezuela wants to double its oil sales to India and is open to barter payment arrangements with the world’s third biggest crude consumer, Venezuelan Oil Minister Manuel Quevedo said on Monday. Caracas, which buys medicines and ... Reuters  

Vitol plans liquefied petroleum gas foray in Kazakhstan - sources   Feb 11, 2019
Kashagan operator NCOC includes Eni, Total , Shell, ExxonMobil, Kazakh state firm KazMunayGaz, China’s CNPC and Japan’s Inpex. (Additional reporting by Gleb Gorodyankin; Writing by Vladimir ... Reuters  

Ardmore Woodford & Eagle Ford Add 2 Oil Drilling Rigs Each   Feb 11, 2019
In its weekly release, Baker Hughes, a GE company BHGE reported an increase in weekly rig count in the United States. More on the Rig Count Baker Hughes’ data, issued at the end of every week ... Yahoo Finance  

Venezuela Oil Czar Courts India After $20 Billion U.S. Hit   Feb 11, 2019
(Bloomberg) -- Venezuela’s oil minister made a surprise appearance at an energy event in India as the embattled OPEC producer seeks closer ties with major crude customers in the face of ... Yahoo Finance  

3 Things Anadarko Petroleum Wants You to Know About Its Philosophy   Feb 11, 2019
Anadarko Petroleum (NYSE: APC) recently reported less-than-stellar fourth-quarter results. While production was on target, earnings fell short of expectations because of falling commodity prices ... Yahoo Finance  

UAE looks to invest in refining, petrochemicals, oil storage in India   Feb 11, 2019
Greater Noida, Feb 11 (IANS) The United Arab Emirates (UAE) said on Monday that it is looking at investing more in refining and petrochemical projects in India, as well as pumping more crude oil ... Yahoo Finance India  

With Iran squeezed out, U.S. oil takes on new rivals in Europe   Feb 11, 2019
MOSCOW/NEW YORK (Reuters) - When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year, U.S. oil producing companies came well prepared. U.S. giant Exxon Mobil and European rival Royal Dutch/Shell prepared ... Reuters  

MIDEAST STOCKS-Oil prices weigh on most Gulf markets; Dubai, Qatar lead losses   Feb 11, 2019
* QNB posts biggest intraday loss in 20 months * Dubai Investments at lowest since May 2013 * Waha Capital plunges to five-year low * Saudi's Al Yamamah Steel falls on Q1 loss By Ateeq Shariff Feb 11 (Reuters) - Weak oil prices led to falls in most Gulf ... Reuters  

Is This Natural Gas Driller Poised to Rally Higher?   Feb 11, 2019
Investing in Canadian natural gas producers has become unappealing in recent months. Not only has natural gas weakened sharply since reaching a multi-year high of over US$4.60 per million British thermal units (MMBTU), but the discount applied to Canadian ... Finance Yahoo  

Portuguese oil firm Galp girds for belated Brazilian boost   Feb 11, 2019
LISBON, Feb 11 (Reuters) - Portuguese oil company Galp said on Monday it expects higher crude output, refining margins and efficiency gains to deliver a steep rise in 2020 and beyond as its ... Reuters  

Global Petroleum Resin Market: key Vendors, Trends, Analysis, Segmentation, Forecast to 2019-2024   Feb 11, 2019
Global Petroleum Resin market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including ExxonMobil Eastman Kolon TOTAL(Cray Valley) ZEON Formosan Union Mitsui ... MarketWatch  

Egypt Dangles Incentives to Draw More Oil and Gas Investors   Feb 11, 2019
(Bloomberg) -- Egypt is finalizing details of a new type of oil and gas contract to attract even more foreign investment than the $10 billion already coming into its energy industry this year. Yahoo Finance  

WTI Oil Prices Edge Lower on Rising U.S. Rig Count   Feb 11, 2019
Investing.com - Oil prices were lower to start the week on Monday, with nothing happening over the weekend to stop a week-long downward drift on concerns about slowing growth and emerging oversupply. Yahoo Finance  

Saudi Arabia would need oil at $80-$85 a barrel to balance budget: IMF official   Feb 11, 2019
DUBAI (Reuters) - Top oil exporter Saudi Arabia would need oil priced at $80-$85 a barrel to balance its budget this year, an International Monetary Fund official said. Riyadh’s breakeven oil ... Reuters  

Rival Forces Clash For Control Over Libya’s Largest Oil Field   Feb 11, 2019
Rival army forces—one loyal to the UN-backed Libyan government and another to a strongman from the east—are fighting for control over Libya’s largest oil field, Sharara, which has been shut ... OilPrice  

CDU shut by fire at Phillips 66 Illinois refinery - Reuters   Feb 11, 2019
refinery, Reuters reports. The refinery is a 50-50 joint venture between Phillips 66 (NYSE:PSX) and Cenovus Energy (NYSE:CVE); PSX is the managing partner. The 120K bbl/day DU-2 CDU was returning ... Seeking Alpha  

Wall Street Breakfast: U.S.-China Trade Talks Resume   Feb 11, 2019
South Korea will shell out $920M this year for the 28,500 ... sales to the world's third-largest crude consumer. State-run oil company PDVSA is also reportedly telling customers of its joint ... Seeking Alpha  

Oil market to reach balance in first quarter: UAE energy minister   Feb 11, 2019
DUBAI (Reuters) - The oil market should reach a balance between supply and demand in the first quarter of this year, UAE Energy Minister Suhail Al Mazrouei told Al-Arabiya television on Monday. He said he was satisfied with the implementation of an ... Yahoo Singapore Finance  

OPEC does not fix oil prices: Barkindo   Feb 11, 2019
CAIRO (Reuters) - OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of manipulating or fixing oil prices, when asked on Monday to comment on a U.S. House ... Yahoo Finance  

Egypt Dangles Incentives to Attract More Oil and Gas Investors   Feb 11, 2019
Royal Dutch Shell Plc, which operates ... cargoes over the past few years. The company will export 17 cargoes in 2019, El-Molla said. While gas exports are rising, Egypt still has to import much of the oil products it needs for heating, transportation ... Bloomberg L.P.  

Republic Services Strengthens Commitment to Reduce Fleet Emissions with Expanded Adoption of Redeem™ Renewable Natural Gas (RNG)   Feb 11, 2019
Recycling and Solid Waste Company Has Widest Geographic Usage of Redeem Fuel in North America Republic Services, Inc. (RSG) today announced an agreement that represents the widest geographic usage ... Yahoo Finance  

What's in the Cards for Valero Energy (VLO) in Q4 Earnings?   Feb 11, 2019
Southwestern Energy Company SWN, based in Houston, TX, engages in the exploration, development and production of natural gas and crude oil in the United States. The company has an Earnings ESP of ... Yahoo Finance  

Oil Near $52 After Worst Week Since December on Growth Concerns   Feb 11, 2019
(Bloomberg) -- Oil slipped again, trading near $52 a barrel in New York after mounting concerns about the health of the global economy triggered the sharpest weekly price drop since December. Yahoo Finance  

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