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Iraq Looks To Boost Crude Oil Trading Business   Mar 14, 2019
Iraq’s State Oil Marketing Organization (SOMO) is looking to expand its crude oil trading activities with more spot sales and with opening offices outside Iraq, the director of SOMO’s crude ... OilPrice  

U.S. Oil Production Is Headed For A Quick Decline   Mar 14, 2019
The most recent forecasts published by the US Energy Information Administration show US oil production increasing steadily. The February Short-Term Energy Outlook sees the output from US wells ... OilPrice  

Houston cos. see need for natural gas storage   Mar 14, 2019
Mounting inland production paired with an increasing hunger for cheap liquefied natural gas overseas is going to bring record levels of the product passing through the Gulf Coast, Cynthia Walker, Houston-based Occidental Petroleum Corp.’s (NYSE ... The Business Journals  

3 Extremely Cheap Stocks Trading Below Book Value   Mar 14, 2019
Below are three stocks that are trading below their book values and that could be great additions to your portfolio. Cenovus Energy (TSX:CVE)(NYSE:CVE) has been trading below book value for some time, although things have been improving for the company. Finance Yahoo  

Oil's Big Reset: Energy Majors Learn to Thrive After Price Crash   Mar 14, 2019
(Bloomberg) -- When OPEC started an oil-price war in late 2014, most people believed U.S. shale was doomed. In reality, the giant oil majors suffered most -- burdened by expensive mega-projects ... Yahoo Finance  

Oil prices mixed as OPEC renews call for cuts, lowers demand outlook   Mar 14, 2019
NEW YORK (Reuters) - Oil prices were mixed on Thursday after touching four-month highs as OPEC stressed the need to extend its production cut program past June while lowering its forecast for ... Reuters  

CERAWEEK-BHP to drill more wells in Trinidad after gas finds   Mar 14, 2019
BHP has also found natural gas in two of three wells it drilled in its southern contract area last year. The company operates the southern area with a 65 percent stake and Royal Dutch Shell Plc ... Yahoo Finance  

China’s Crude Oil Throughput Hits Record High   Mar 14, 2019
Chinese refineries processed 102.49 million tons of crude oil during the first two months of the year, up 6.1 percent on the year, according to customs data. This translated into 12.68 million bpd ... Yahoo Finance  

Oil Price Fundamental Daily Forecast – Tighter Global Inventories Underpinning Prices   Mar 14, 2019
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Thursday, putting them in a position to challenge technical targets that could determine the ... Yahoo Finance  

BHP to drill more wells in Trinidad after gas finds   Mar 14, 2019
HOUSTON (Reuters) - BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country’s Atlantic LNG (liquefied natural gas) plant in the 2020s, a senior executive said. The company ... Reuters  

Oil reaches four-month highs on supply, renewed OPEC call for cuts   Mar 14, 2019
LONDON (Reuters) - Oil futures reached four-month highs on Thursday, boosted by tightened global supply and a monthly OPEC report which built a case to extend production cuts beyond June. Reuters  

UPDATE 1-Azerbaijan's SOCAR suspends oil transit via Russia to supply BTC   Mar 14, 2019
BAKU/MOSCOW, March 14 (Reuters) - Azerbaijan’s SOCAR has suspended its oil transit through Russia, SOCAR said on Thursday, to divert flows to its own pipeline from the Caspian Sea, which has ... Reuters  

U.S. Aims To Bring Iran Oil Exports Below 1 Million Bpd   Mar 14, 2019
The United States will likely extend the Iran sanction waivers that it granted eight countries importing crude from Iran, but will demand that they reduce their intake of the commodity, sources ... Yahoo Finance  

Breakingviews - Shell CEO’s bonus problem less size than length   Mar 14, 2019
The bumper payout was then augmented by Shell’s share price jumping about 35 percent since 2016, when he was awarded the LTIP. The company’s investors have shared in this upside as the oil price spiralled. Shell does require a holding period before its ... Reuters  

UPDATE 1-Norway to offer more acreage for Arctic oil exploration   Mar 14, 2019
OSLO, March 14 (Reuters) - Norway plans to expand the offshore oil and gas acreage offered to companies under its annual licensing round in so-called predefined areas (APA), oil minister Kjell ... Reuters  

Venture Global to expand LNG production capacity to meet customer demand   Mar 14, 2019
(Reuters) - Venture Global LNG Inc said on Thursday it wants to expand the capacity of its liquefied natural gas (LNG) business to 60 million tonnes per annum (MTPA) to meet growing demand. If the company builds all 60 MTPA of capacity, it could become the ... Reuters  

Petroleum Coke (Petcoke) Market 2019 Global Share,Trend,Segmentation and Forecast to 2023   Mar 14, 2019
Sections:- Section 1: Free----Definition 3.4 MPC Petroleum Coke (Petcoke) Business Introduction 3.5 Asbury Carbons Petroleum Coke (Petcoke) Business Introduction 3.6 ExxonMobil Petroleum Coke (Petcoke) Business Introduction ... Section 5 Global Petroleum ... MarketWatch  

CNX Resources Corporation Announces Closing of $500 Million Senior Notes Offering   Mar 14, 2019
About CNX Resources Corporation CNX Resources Corporation (CNX) is one of the largest independent natural gas exploration, development and production companies, with operations centered in the ... Yahoo Finance  

Is it High Time for Shell (RDS.A) to Hike its Dividend?   Mar 14, 2019
While its peers including BP, Chevron CVX, ExxonMobil XOM and TOTAL are boosting shareholders’ values via dividend hikes, Shell remains the only one of the big five oil companies that has kept ... Yahoo Finance  

Exxon Plans Foray Into Israel Gas Exploration   Mar 14, 2019
Exxon has plans to enter the Israeli natural gas exploration industry despite the country’s tense relations with its Arab neighbors where Exxon has an established presence, Reuters reports ... OilPrice  

Centennial Resource Development Caught In A Difficult Situation   Mar 14, 2019
Meanwhile, some large-cap oil producers, such as Marathon Oil (MRO), ConocoPhillips (COP), and Devon Energy (DVN) whom I’ve recently covered here, here, and here, will likely deliver strong ... Seeking Alpha  

The EIA Cuts U.S. Oil Output Projections   Mar 14, 2019
U.S. crude oil production will continue to set records, but the pace of growth could be slower than what was thought just a month ago, according to the EIA’s latest Short-Term Energy Outlook ... OilPrice  

ExxonMobil (XOM) May Explore Offshore Gas Blocks in Israel   Mar 14, 2019
Exxon Mobil Corporation XOM is thinking of exploring Israel as an oil and natural gas destination, according to Reuters. With this, the integrated player will be the first energy giant considering ... Yahoo Finance  

Shale oil drillers gave stock shareholders what they wanted, then investors punished them anyway   Mar 14, 2019
Doug Suttles, CEO of shale driller Encana, said frackers certainly need to exercise discipline, but he also turned the message around on investors. "We actually need discipline coming from investors as well," he said during the CERAWeek shale panel on Tuesday. Yahoo Singapore Finance  

Synthetic Rubber Market is Determined to Grow US$ 47.0 Billion by 2024   Mar 14, 2019
Sumitomo Chemical Co., Ltd., , Exxon Mobil Corporation (ExxonMobil),The Dow Chemical Company, and Versalis S.p.A. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments. MarketWatch  

Exxon Aims for $15-a-Barrel Costs in Giant Permian Operation   Mar 14, 2019
Royal Dutch Shell Plc is “actively looking” for deals to bulk up its Permian operations, Wael Sawan, the company’s upstream director-in-waiting said this week. Even so, its production will increase about 30 percent a year. (Updates with WTI oil price ... Finance Yahoo  

Here's Why You Should Add Murphy Oil (MUR) to Your Portfolio   Mar 14, 2019
Earnings estimates for Murphy Oil Corporation MUR have been revised upward in the past 30 days, reflecting analysts’ optimism in the stock. The Zacks Consensus Estimate for 2019 and 2020 ... Yahoo Finance  

Plasticizers Market is Anticipated to Reach US$ 16.50 Billion by 2024   Mar 14, 2019
Key players profiled in the report Arkema S.A., BASF SE, Daelim Industrial Co. Ltd., Dow Chemical Company, LG Chem Ltd., Evonik Industries AG, ExxonMobil Chemical, Eastman Chemical Company, Ineos Group, and UPC Group. Company profile includes assign such ... MarketWatch  

Saudi Aramco shifts strategy in China to boost oil sales   Mar 14, 2019
DUBAI/SINGAPORE/BEIJING (Reuters) - Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and ... Reuters  

Oil Erases Gains After U.S., China Said to Delay Trade Agreement   Mar 14, 2019
(Bloomberg) -- Oil erased gains after a U.S.-China meeting to end the nations’ trade war was said to have been pushed back. Futures fell in New York, erasing an earlier gain of 0.7 percent. A meeting between President Donald Trump and his Chinese ... Finance Yahoo  

Growing Demand for Natural Gas Market to Significantly Increase CAGR Through 2025 Global Growth and Forthcoming Developments   Mar 14, 2019
Companies profiled and studied for this Natural Gas market report include BG Group plc, Apache Corporation, Cheniere Energy, ConocoPhillips, Dominion Resources, Kinder Morgan, Qatar Petroleum, Sempra Energy, Veresen Inc., Woodside Petroleum, China National ... MarketWatch  

Iraq cuts oil exports to 3.5 mln bpd in line with OPEC deal - minister   Mar 14, 2019
BAGHDAD, March 14 (Reuters) - Iraq has cut its oil exports average to 3.5 million barrels per day in compliance with an ongoing production curb agreement, its oil minister said on Thursday. Reuters  

RWE is optimistic for global LNG trade, German project   Mar 14, 2019
FRANKFURT, March 14 (Reuters) - German utility RWE expects to reap benefits from the expansion of global trading of liquefied natural gas (LNG) both at its trading division, and from tapping ... Reuters  

KBRwyle Wins Prestigious NASA Prime Contractor Awards at Three NASA Centers   Mar 14, 2019
including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers ... Yahoo Finance  

Alberta oil camp pastry chef earns gold in international baking competition   Mar 14, 2019
Lasantha Mendis — a pastry chef more accustomed to having his doughy delicacies gobbled up by oilsands workers in a remote Alberta work camp — has earned gold in one of the world's most prestigious international baking competitions. CBC.ca  

Exclusive: Exxon eyes Israel gas bid in major Middle East shift   Mar 14, 2019
The country became a producer in 2013 with the launch of the Tamar field, operated by U.S. explorer Noble Energy Inc. Noble is developing the Leviathan and is scheduled to begin production later ... Yahoo Finance  

Nearly the length of Fogo Island: That's how big the SeaRose spill slick was   Mar 14, 2019
A spokesperson for Husky Energy says the sheen size was shown on a spill site map that was on display behind Husky exec Trevor Pritchard as he gave a presentation to media at the time. That map was also emailed to some members of the media, the ... CBC.ca  

Brent oil hits four-month high on OPEC cuts, sanctions on Venezuela and Iran   Mar 14, 2019
SINGAPORE (Reuters) - Brent crude oil prices rose on Thursday to their highest since mid-November last year, pushed up by OPEC-led supply cuts and U.S. sanctions against Venezuela and Iran. An unexpected dip in U.S. crude oil inventories and production ... Finance Yahoo  

What’s Holding Oil Prices Back?   Mar 14, 2019
Oil market participants had started to worry in advance about how the U.S. sanctions on Iran in November would impact global supply, causing oil prices to shoot up to four-year-highs in early October. OilPrice  

Global Petroleum Asphalt Market to Garner 82000 M USD By 2025 With CAGR of 6.7%   Mar 14, 2019
Husky Energy and more in the terms of Product Introduction, Application, Specification, companies Production, Revenue, Price and Gross Margin (2014-2019), etc. Access more details about this report at: https://www.themarketreports.com/report/global ... MarketWatch  

Crude Oil Price Update – Strengthens Over $57.76, Weakens Under $57.26   Mar 14, 2019
U.S. West Texas Intermediate crude oil futures are trading higher shortly before the regular session opening and today’s U.S. Energy Information Administration’s weekly inventories report at ... Yahoo Finance  

Italy's Eni makes major oil find in Angola   Mar 14, 2019
MILAN, March 13 (Reuters) - Italian company Eni said on Wednesday it had made a major oil discovery in Angola that would boost its credentials as one of the most successful foreign oil producers ... Reuters  

Natural Gas Price Prediction – Prices Rebound Ahead of Inventory Report   Mar 14, 2019
Natural gas prices rebounded on Wednesday ahead of Thursday inventory report from the Department of Energy. Expectations are for a 163 Bcf decline for the 10 th week of the year according to Estimize. Yahoo Finance  

Oil Prices Gain on U.S. Sanctions on Iran, EIA Report   Mar 14, 2019
Investing.com - Oil prices traded higher on Thursday in Asia as the U.S. reportedly would start cutting more Iran’s crude exports from May. Citing two sources who were briefed by the Trump ... Yahoo Finance  

Xebec Receives Another Significant Order in Italy   Mar 14, 2019
Fully operational, it will produce ~5 million m 3 of carbon neutral Renewable Natural Gas (RNG) annually, replacing the equivalent of approx. 5 million liters of diesel fuel. Similar RNG projects ... Yahoo Finance  

Pakistan Aims To Become A Natural Gas Hotspot   Mar 14, 2019
Pakistan is eager to open up its gas deposits to foreign energy companies in a bid to boost domestic production amid soaring demand, two government officials told media this week. The country has ... OilPrice  

China's Tianjin extends heating season by two weeks   Mar 14, 2019
authorities have asked utilities to continue purchasing and storing thermal coal and natural gas for the extension. It did not give any reason for the sudden extension * China’s winter heating ... Reuters  

Bangladesh extends deadline to submit plans to build new LNG terminal   Mar 14, 2019
DHAKA, March 14 (Reuters) - Bangladesh will extend the deadline by three months for companies to submit expressions of interest (EOI) to build the country’s first onshore liquefied natural gas (LNG) terminal, two sources familiar with the matter said on ... Reuters  

Oil Prices To Skyrocket If U.S. Shale Stalls   Mar 14, 2019
A collapse of production in Venezuela, aggressive production curtailments from OPEC+, relatively strong demand and an economy humming along – and oil prices are still sharply below the highs ... Yahoo Finance  

MIDEAST STOCKS-Rising oil price boosts Saudi, top telecom firm weighs on Abu Dhabi   Mar 14, 2019
* Ten of 12 Saudi banks gain * Arriyadh Development climbs on capital increase * SABIC gains after announcing merger of two units * Dubai's Aramex surges in heaviest volume in over 9 years By ... Reuters  

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