Page 2 of 10
News
view:
Links to the news articles will open in their original format as published by their providers. 
Israel's Delek Mulls London Listing for Major Gas Holdings   Mar 18, 2019
Delek Drilling LP may create a separate company from its holdings in major Israeli and Cypriot natural gas fields and then list shares in the new business on the London Stock Exchange, Delek said in an emailed statement. The new company would hold stakes ... Bloomberg L.P.  

Deer Park petrochemical fire expected to last 'throughout the night'   Mar 18, 2019
On Saturday, there was a fire at an ExxonMobil plant in Baytown. "The safety of our employees, our surrounding community and the environment is our first priority," ITC said in a press release. The Deer Park terminal can store up to 13.1 million barrels of ... m.chron.com  

Oil slips to $67 as economy concern counters OPEC cuts   Mar 18, 2019
LONDON (Reuters) - Oil slipped to around $67 a barrel on Monday, weighed by concern that an economic downturn may dent fuel consumption, despite the prospect of prolonged OPEC-led oil supply curbs. Reuters  

UPDATE 1-Israel's Delek Drilling considers London IPO for Leviathan gas stake   Mar 18, 2019
JERUSALEM, March 18 (Reuters) - Delek Drilling said on Monday it was considering listing its holdings in the Leviathan natural gas field off Israel’s Mediterranean coast on the London Stock Exchange as part of a corporate restructuring. Delek Drilling ... Reuters  

Oil Slips as OPEC+ Defers Decision on Production Cuts to June   Mar 18, 2019
(Bloomberg) -- Oil slipped from near a four-month high as OPEC and its allies met in Azerbaijan Monday and recommended deferring a decision on whether to extend oil production cuts until June. Yahoo Finance  

Carrizo Oil Weighs Deal With Rival Explorer SM Energy   Mar 18, 2019
(Bloomberg) -- Carrizo Oil & Gas Inc. is weighing a tie-up with U.S. energy explorer SM Energy Co., according to people familiar with the matter. Carrizo has held early-stage discussions with SM ... Yahoo Finance  

Reuters Daily US Oil Brief - March 18   Mar 18, 2019
To access the newsletter, click on the link: here You can also read Reuters Daily US Oil Brief via TOPNEWS Energy page or if you would like to receive this newsletter through your email, please ... Reuters  

American Midstream Announces Agreement for the Purchase of its Outstanding Common Units by an Affiliate of ArcLight Energy Partners   Mar 18, 2019
About American Midstream Partners, LP American Midstream Partners, LP is a limited partnership formed to provide critical midstream infrastructure that links producers of natural gas, crude oil ... Yahoo Finance  

Sempra LNG Announces Executive Appointments To Support Continued Growth In North American LNG Market   Mar 18, 2019
"The Sempra Energy board and the management team could not be more pleased to match our world-class liquefied natural gas (LNG) opportunity with a world-class leadership team," said Jeffrey W. Yahoo Finance  

India's palm oil imports could jump to record as prices fall - analyst   Mar 18, 2019
MUMBAI, March 18 (Reuters) - India’s palm oil imports in 2018/19 are likely to jump a tenth from a year earlier to a record high, as a sharp fall in the prices made the tropical oil more ... Reuters  

Exxonmobil, Chevron can keep their shares in ACG   Mar 18, 2019
Mar 18, 2019 (TREND News Agency via COMTEX) -- Baku, Azerbaijan, March 18 By Leman Zeynalova - Trend: Negotiations on the purchase of the shares of US companies Exxonmobil and Chevron in the project to develop a block of Azeri-Chirag-Gunashli oil and gas ... MarketWatch  

Macquarie Is Said to Leave Group Biding for Petrobras Pipeline   Mar 18, 2019
(Bloomberg) -- Macquarie Group Ltd. left a group expected to bid for Petrobras’s TAG natural gas pipeline network as the Brazilian oil giant is giving interested parties until April 2 to present their price proposal, people with knowledge of the matter said. Finance Yahoo  

Algerian unions refuse to support PM's efforts to form government   Mar 18, 2019
On Sunday some workers at Algeria’s biggest natural gas field staged a protest against extending the president’s fourth term, an energy official said, referring to a proposal by Bouteflika to ... Reuters  

Eco Atlantic upgrades oil and gas resources in Guyana field   Mar 18, 2019
LONDON (Reuters) - An oil and gas field off Guyana’s coast and owned by Tullow, Total and Eco Atlantic has about 3.9 billion barrels of oil equivalent, a third more than announced in an estimate released in September, Eco said on Monday. The Orinduik ... Reuters  

Eco Atlantic upgrades Guyana oil and gas resource estimate to 4 bln barrels   Mar 18, 2019
LONDON, March 18 (Reuters) - An oil and gas field offshore Guyana owned by Tullow, Total and Eco Atlantic contains around 3.9 billion barrels of oil equivalent, an upgrade of around a third to a ... Reuters  

UK GAS-Prices dip despite undersupply on strong future flows   Mar 18, 2019
boosted by a barrage of liquefied natural gas (LNG) deliveries this week. * Within-day gas price fell 0.05 pence to 38.10 p/therm by 0905 GMT. * Day-ahead price fell 0.55 pence per therm to 37.75 ... Reuters  

ExxonMobil Eyes Cost Reduction in Permian to Boost Profits   Mar 18, 2019
Competition in the Basin ExxonMobil has Chevron Corporation CVX as a competitor in the region, which also eyes strong growth from the basin. Chevron intends to increase output from the basin to ... Yahoo Finance  

On the world stage, Canadian oil majors promote a carbon tax   Mar 18, 2019
The governments of Alberta and Canada are close to getting it right on tackling carbon emissions, said Janet Annesley, a senior vice-president with Husky Energy, during one of Tuesday's panel discussions. She began by pointing to the decision to ... CBC.ca  

Israel's Delek Drilling considers London IPO for Leviathan gas stake   Mar 18, 2019
The nearby Tamar gas field began producing in 2013. The Leviathan project operator, Texas-based Noble Energy, owns a 39.66 percent stake. Delek Drilling holds 45.34 percent. Delek said in November ... Reuters  

Shale Gas Hydraulic Fracturing Market Size to surge US$ 48700 Million by 2024   Mar 18, 2019
there are plenty of America manufacturers such as ExxonMobil, Range Resources, EQT, Chesapeake Energy, Chevron and Rice Energy. In Argentina, Yacimientos Petroleiferos Fiscales is the main manufacturer, in China CNPC and Sinopec are the main manufacturers. MarketWatch  

Natural Gas Price Forecast – Natural gas markets fall on Friday   Mar 18, 2019
Natural gas markets fell during the trading session on Friday as we continue to see a lot of volatility in this market. We are exiting the traditionally bullish time of year, so it makes sense ... Yahoo Finance  

Oil Bulls Stick to Their Guns as Saudis Say Job Isn't Complete   Mar 18, 2019
OPEC can make or break oil’s bull run, and hedge funds are betting the cartel will keep fueling the rally. Money managers increased wagers on rising West Texas Intermediate and Brent crude prices to the highest since October ahead of a key meeting of top ... Bloomberg L.P.  

Indian Oil Corp worker dies in fire Panipat refinery - media   Mar 18, 2019
* An Indian Oil Corp worker died and two others sustained serious burn injuries in a major fire at the state-owned company's Panipat oil refinery In Haryana, local media reported bit.ly/2TTFHIA on ... Reuters  

UPDATE 1-Algeria PM starts talks on new cabinet as gas field workers protest   Mar 18, 2019
who has hinted at wide ranging political reform and steps to improve an economy which has offered many Algerians few opportunities despite the country’s oil and natural gas wealth. Protesters ... Reuters  

Oil dips on weak economic outlook, but OPEC-led cuts still support   Mar 18, 2019
SINGAPORE (Reuters) - Oil prices dipped early on Monday, weighed down by concerns that a global economic downturn may dent fuel consumption. However, crude markets remain broadly supported by supply cuts led by producer group OPEC and by aggressive ... Finance Yahoo  

RPT-INSIGHT-All the world a stage: Rising U.S. oil clout on show in Houston   Mar 18, 2019
“I’m not used to it, but I think it’s great,” said Vicki Hollub, chief executive of Occidental Petroleum, saying she was impressed by Pompeo and his team’s outreach. Occidental has been ... Reuters  

Natural Gas Price Fundamental Weekly Forecast – Storage Deficit Expected to Shrink Dramatically Over Near Term   Mar 18, 2019
Natural gas futures ended the week on a bearish note as lingering bullish traders, hoping for a surprise late session surge in demand due to an unexpected cold blast, finally threw in the towel as ... Yahoo Finance  

Why This Oil Price Rally Has A Limit   Mar 18, 2019
The crisis in Venezuela threatens to disrupt the global oil market, but OPEC has a much stronger base of spare capacity that offers a “supply cushion,” according to a new report from the ... OilPrice  

Oil Prices Surge To Multi-Month Highs   Mar 17, 2019
Exxon targets $15 breakevens for Permian. ExxonMobil (NYSE: XOM) plans on cutting the cost of production in the Permian to just $15 per barrel, putting it on par with some of the lowest cost oil ... Crude Oil Prices  

Pricey at the pump: Gas prices on the rise in Metro Vancouver   Mar 17, 2019
src=hash&amp;ref_src=twsrc%5Etfw">#notcool</a> 😐 &mdash;@chadsmithjazz Gas prices in Metro Vancouver broke records on Oct. 13, 2018 after a natural gas pipeline ruptured near Prince George, B.C. As a consequence of that explosion, supply was restricted ... CBC.ca  

Scientists warn seismic testing for oil and gas puts marine life at risk   Mar 17, 2019
The Trump administration approved seismic testing along much of the Eastern Seaboard, using sound waves to create a map of oil and gas deposits in what is considered to be a first step to exploratory drilling. Scientists warn that the extreme noise could ... NBC News  

Canada's oilpatch needs to stop living in a bubble   Mar 17, 2019
Whether in the context of growth in production from the prolific shale plays – oil, natural gas and natural gas liquids – and the building of liquified natural gas (LNG) terminals, Canada continues to fall behind. It's easy to blame this on government ... CBC.ca  

Oil Demand Growth Is Showing No Signs of Nearing a Peak   Mar 17, 2019
Worldwide oil demand has been steadily climbing for years, and it recently topped 100 million barrels per day (BPD) for the first time in history, according to data from the International Energy ... Yahoo Finance  

Calgary energy companies to share $72M in federal funds for clean tech projects   Mar 17, 2019
Canadian Natural Resources Ltd. will get $22.3 million from the Low Carbon Economy Fund for a new steam turbine generator technology that will help produce lower-emission power at its facilities at the Athabasca Oil Sands Project. The company will also ... CBC.ca  

It's all about focus: Standalone N.L. oil and gas corp. closer to reality   Mar 17, 2019
The provincial government is charging ahead with plans to create a standalone oil and gas corporation and its desire to make Newfoundland and Labrador a "globally preferred location" for exploration. Nearly a year after the Liberal government announced it ... CBC.ca  

Trade Tensions Are Keeping A Lid On Oil Prices   Mar 17, 2019
Ongoing U.S.-China trade tensions continue to chip away at Chinese economic growth. China’s National Bureau of Statistics (NBS) said on Thursday that the country’s economy slowed in the first ... OilPrice  

Oil & Gas Stock Roundup: Big Oil's Strategy Updates, Conoco's Venezuela Win & More   Mar 17, 2019
After delivering profits over the trailing eight quarters, Canadian Natural Resources Limited CNQ posted loss in the fourth quarter of 2018, leaving investors disappointed. The company recorded ... Yahoo Finance  

Shell on Prowl for Permian Deals as Majors Make Shale Play   Mar 17, 2019
Shell currently produces 145,000 barrels of oil equivalent a day from its existing Permian operations and plans to increase production by 30 percent a year for the forseeable future, the company ... Yahoo Finance  

China plans a solar power play in space that NASA abandoned decades ago   Mar 17, 2019
But when you look at how efficient the delivery of solar from space could be versus the addition of more coal-powered, natural gas-fired or diesel power generation, the resulting greenhouse gas emissions are still much lower. Michael Byers, a professor in ... Finance Yahoo  

Canada 'falling behind' because of Arctic oil drilling moratorium: CAPP   Mar 17, 2019
An oil and gas industry representative says Canada is "falling behind" the U.S. and other nations in developing its rich Arctic natural resources because of a five-year moratorium on offshore drilling in the North put in place in 2016. CBC.ca  

Énergie Saguenay vows to be world's cleanest liquid natural gas plant   Mar 17, 2019
The proponents of a $9-billion project to pipe natural gas to the Saguenay region, where it would be transformed and exported worldwide by ship, say they're confident they can do that without harming the environment — including endangered beluga whales. CBC.ca  

Saudi signals OPEC may need to extend oil cuts until end-2019   Mar 17, 2019
BAKU (Reuters) - Saudi Arabia said on Sunday OPEC's job in rebalancing the oil market was far from done as global inventories were still rising despite harsh U.S. sanctions on Iran and Venezuela, signaling it may need to expand output cuts into the second ... Finance Yahoo  

Cuba Faces Oil Crisis As Venezuela Crumbles   Mar 17, 2019
When Venezuela’s opposition leader Juan Guaido earlier this week said he had decreed the suspension of all crude oil shipments to Cuba, he explained the move with the massive power outage that ... OilPrice  

Saudi energy minister - oil inventories building despite sanctions on Iran, Venezuela   Mar 17, 2019
BAKU (Reuters) - Saudi energy minister Khalid al-Falih said on Sunday there has been a build-up in oil inventories despite a decline in output from Iran and Venezuela. Falih also told a press briefing in Baku that compliance for an OPEC+ deal in March ... Yahoo Finance UK and Ireland  

Husky working to retrieve subsea connector linked to November N.L. oil spill   Mar 17, 2019
ST. JOHN'S, N.L. -- Work is underway to recover the faulty flowline connector believed to be responsible for an oil spill off the coast of Newfoundland last fall. Husky Energy says subsea operations to retrieve the connector and plug the flowline began ... CTV News  

Russia's Novak says decision on future of oil supply cut pact by May-June   Mar 17, 2019
BAKU (Reuters) - Russian Energy Minister Alexander Novak said on Sunday that a decision would be made by May or June on whether to continue with an ongoing oil output pact between OPEC and non ... Reuters  

Central Asia’s Biggest Energy Challenge   Mar 17, 2019
A major challenge for Central Asia’s oil and natural gas industry has always been how to transport petroleum products from the landlocked region to global markets. That issue resurfaced last ... OilPrice  

Novatek close to deal with Saudi Aramco on Arctic LNG 2 project: CEO   Mar 17, 2019
I think we will get something concrete in coming months,” Mikhelson said, adding that he did not expect global liquefied natural gas (LNG) prices to change after the project’s launch. Reuters  

Pipeline Snag to Delay Israel Gas to Egypt for 3 Months   Mar 17, 2019
While the overall condition of the pipeline is good, Israel’s Delek Drilling LP, U.S.-based Noble Energy Inc. and Egyptian East Gas Co. found some components were missing or faulty, while modifications and repairs would take longer than foreseen ... Bloomberg L.P.  

Saudi Falih optimistic on continued commitment to OPEC+ oil supply cut   Mar 17, 2019
BAKU (Reuters) - Saudi Arabia’s energy minister said on Sunday he was optimistic about continued commitment to the oil supply cut agreement between OPEC and non-OPEC members. “I am obviously ... Reuters  

Page 2 of 10