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Russia c.bank sees volatility risks in oil prices, capital flows   Nov 15, 2018
ALMATY, Kazakhstan, Nov 15 (Reuters) - Fluctuations in oil prices and capital flows could make markets more volatile but the Russian central bank is in position to tame risks to financial stability, Governor Elvira Nabiullina said on Thursday. Nabiullina ... Reuters  

Why Isn't a Rising Tide Lifting BP, Too?   Nov 15, 2018
They also dig into last week's news that the state of New York was suing ExxonMobil (NYSE: XOM), asserting that it had defrauded shareholders by downplaying the risks of climate change. Yahoo Finance  

Japan's Fuji Oil buys two Murban crude cargoes for January -sources   Nov 15, 2018
* Japanese refiner Fuji Oil has bought two Murban crude cargoes loading in January at levels similar to deals made earlier this week, trade sources said on Thursday * One of the cargoes was priced ... Reuters  

Curacao refinery puts three employees on leave amid bidding probe   Nov 15, 2018
In July, the Isla refinery said it was considering 15 offers to run the facility, now at minimum processing capacity since the contracted operator, Venezuela’s state-run PDVSA, became locked in a legal dispute with U.S.-based oil producer ConocoPhillips. Reuters  

Natural Gas Price Forecast – natural gas markets continue to defy gravity   Nov 15, 2018
Natural gas markets continue to see a lot of bullish pressure, and I think at this point it’s likely that we will see an eventual turnaround, but quite frankly this has been a very difficult ... Yahoo Finance  

TABLE-S.Korea's October LNG imports rise 37.9 pct y/y   Nov 15, 2018
SEOUL, Nov 15 (Reuters) - South Korea's imports of liquefied natural gas rose 37.9 percent to 3.8 million tonnes in October from a year earlier, according to customs data released on Thursday. Details of total imports in October are as follows ... Yahoo Singapore Finance  

U.S. Natural Gas Holds Gains After Biggest Jump in Eight Years   Nov 15, 2018
Natural gas took a breather after its biggest gain in eight years as forecasts for lingering U.S. cold spurred concern supplies may not be enough to meet winter demand. Gas for December delivery eased 3.1 percent Thursday morning in Asia after surging 18 ... Bloomberg L.P.  

Nigeria Senate committee says NNPC amount probed has doubled to $2.2 bln   Nov 15, 2018
ABUJA, Nov 15 (Reuters) - A probe by the Nigerian Senate into whether state oil firm NNPC ... is a joint venture company owned by NNPC and foreign energy firms Royal Dutch Shell Plc, Total SA ... Reuters  

5 Energy Titans Getting Smashed   Nov 15, 2018
EOG Resources (NYSE:EOG) shares are threatening to fall below critical lows set between October and March, opening the door to a decline all the way back to the summer 2017 lows near $82.50. Yahoo Finance  

Oilsands giant backs call for production cuts   Nov 15, 2018
That sentiment was echoed Wednesday by Canadian Natural Resources executive vice chairman Steve Laut, said his company is "fully supportive of curtailments" by all Alberta producers. "It's something that has worked in the past," Laut told CBC News. CBC.ca  

Oil Prices Plunge Below $15 In Canada   Nov 15, 2018
Other companies are also slashing production, including Canadian Natural Resources, Devon Energy and Athabasca Oil Corp. Bloomberg estimates that together, the production curtailments could reach ... Crude Oil Prices  

ConocoPhillips (COP) Gains As Market Dips: What You Should Know   Nov 15, 2018
In the latest trading session, ConocoPhillips (COP) closed at $64.12, marking a +0.63% move from the previous day. This change outpaced the S&P 500's 0.76% loss on the day. At the same time, the ... Yahoo Finance  

Natural Gas Skyrockets As China Pledges Huge Supply Boost   Nov 14, 2018
With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company said on Tuesday. The company, one of ... Yahoo Finance  

Enterprise Products Partners Lp (EPD) CEO Aj Teague Bought $394,932 of Shares   Nov 14, 2018
Enterprise Products Partners LP is a limited partnership which is engaged in transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. Enterprise ... Yahoo Finance  

Penn Health Group Groundbreaking Ceremony Celebrates Medical Marijuana Facility in Fayette County, Pennsylvania   Nov 14, 2018
"We will use rain water to grow the plants, and the facility will be equipped with its own co-gen facility that will allow us to utilize the natural gas resources available to us here in Western ... Yahoo Finance  

Dozens plead with Trump administration to keep air rules   Nov 14, 2018
Methane is the primary component of natural gas and also is a greenhouse gas. Opponents argued Wednesday that changing the rules would threaten people’s health, worsen climate change and squander natural gas by allowing leaks to go undetected. Associated Press  

The specialties of lube oil refinery market is projected to register a CAGR of 1.8% between 2018 and 2023   Nov 14, 2018
LONDON, Nov. 14, 2018 /PRNewswire/ -- The specialties of lube oil refinery market is projected to register a CAGR of 1.8% between 2018 and 2023. Download the full report: https://www.reportbuyer ... Yahoo Finance  

Private equity giant invests $400M in new Fort Worth oil and gas company   Nov 14, 2018
He oversaw the sale of Black Mountain’s holdings in the Delaware basin last year to Marathon Oil for $700 million. And earlier this year, McCracken helped sell assets in Pecos County to XTO Energy. The Business Journals  

Suncor CEO to retire next year, be replaced by COO   Nov 14, 2018
Suncor is Canada’s second-largest energy producer, with a diversified portfolio of oil sand operations and refineries. (Reporting by Julie Gordon in Vancouver Editing by Tom Brown) Reuters  

EU trade chief says ready to retaliate if U.S. imposes auto tariffs   Nov 14, 2018
WASHINGTON (Reuters) - European Union trade commissioner Cecilia Malmstrom said on Wednesday that the EU has a list of potential retaliation targets ready in case U.S. President Donald Trump ... Reuters  

U.S. approves part of TransCanada WB XPress natgas pipe for service   Nov 14, 2018
Columbia Gas Transmission unit to put the eastern facilities of its $900 million WB XPress natural gas pipeline into service in West Virginia and Virginia. WB XPress is one of several pipelines ... Reuters  

Conoco Plans to Start North Sea Asset Sale by Year End   Nov 14, 2018
ConocoPhillips plans to invite bids by the end of the year for its remaining North Sea assets, which could be valued at up to $3 billion in a sale, according to people with knowledge of the matter. The assets, which would include what’s left of its ... Bloomberg L.P.  

Oil's Slide Has Hedging Bet Finally Paying Off for U.S. Drillers   Nov 14, 2018
Concho Resources Inc., meanwhile, has hedged 77 percent of production at an average $55.32 and Pioneer Natural Resources Co. has 81 percent of its barrels covered at $47.22, according to BNEF. “These hedge prices are starting to look competitive ... Bloomberg L.P.  

Crude Oil Price Forecast – crude oil tries to bounce   Nov 14, 2018
The WTI Crude Oil market rallied significantly during the trading session on Wednesday, and quite frankly needed to considering that we had wiped out so much in value over the last several weeks. Yahoo Finance  

Stocks Are Already Responding to U.S. Gridlock   Nov 14, 2018
THIS IS NOT ABOUT THE WEATHERThe market for natural gas did a moonshot Wednesday, with prices rising as much as 20 percent. That brings the four-day gain to a mind-boggling 39 percent. Most are ... Yahoo Finance  

Will Energy Bonds Hold Up in a Volatile Oil Market?   Nov 14, 2018
A dramatic fall in oil prices, followed by a sell-off in high-yield energy bonds—is it time to worry about oil and gas companies again? Quite the contrary. The North American issuers that make ... Yahoo Finance  

Banks, insurers pull stocks lower; Oil snaps 12-day skid   Nov 14, 2018
It soared 17.9 percent to $4.84 per 1,000 cubic feet. The rebound in oil and gas prices helped boost energy stocks. Cimarex Energy climbed 2.6 percent to $86.57. Technology sector companies took some of the heaviest losses. Apple dropped 2.8 percent to $ ... Associated Press  

Crude Build Halts Oil Price Recovery   Nov 14, 2018
The American Petroleum Institute (API) reported a sizeable crude oil inventory build for the week ending on November 9th. The build of 8.79 million barrels was the sixth in as many weeks. OilPrice  

Curacao refinery puts three employees on leave amid bidding probe   Nov 14, 2018
In July, the Isla refinery said it was considering 15 offers to run the facility, now at minimum processing capacity since the contracted operator, Venezuela’s state-run PDVSA, became locked in a legal dispute with U.S.-based oil producer ConocoPhillips. Reuters  

Natural Resources minister says new pipelines the answer to oil price problems   Nov 14, 2018
CALGARY — Natural Resources Minister Amarjeet Sohi says he shares Albertan's "frustration" at billions of dollars being lost to the Canadian economy due to oil price discounts linked to export pipeline capacity constraints. But he says Ottawa is focused ... Finance Yahoo  

Fears of Another ETN Blowup Swelled as Natural Gas Price Spiked   Nov 14, 2018
(Bloomberg) -- Cold weather in the U.S. is sending an extra shiver down the spines of investors who hold an exchange-traded note that bets against natural gas and is having the worst day in its ... Yahoo Finance  

Canada’s Oil Industry Is Sparring Over Forced Output Cuts   Nov 14, 2018
Executives from Canadian Natural Resources Ltd. and Nexen Energy ULC are among those who made the pitch to Alberta’s premier last month, the people said, speaking on condition of anonymity as ... Yahoo Finance  

Is U.S. Oil Getting Left Behind In The Green Energy Race?   Nov 14, 2018
In what can only be called a rebuke over American oil and gas companies’ lack of commitment to climate change concerns, a new report released late last week by CDP, a climate-focused research ... OilPrice  

India Boosts African Oil Imports To Three-Year High In October   Nov 14, 2018
India’s crude oil imports from Africa jumped in October to their highest level in three years as Indian refiners rushed to secure more African barrels amid uncertainties over the U.S. waivers ... OilPrice  

Chevron, Exxon Face Fisheries in Lawsuit Over Climate and Crabs   Nov 14, 2018
West Coast fishermen are suing 30 of the world’s largest fossil fuel companies, including Chevron Corp. and Exxon Mobil Corp., for their alleged pervasive role in triggering the climate volatility that’s led to fishery closures since 2015. Bloomberg L.P.  

Natural Gas Soars 18% in U.S. on Concerns About Winter Supplies   Nov 14, 2018
Natural gas soared the most in eight years as forecasts for lingering U.S. cold spurred concern that supplies may not be adequate to meet winter demand. Gas for December delivery rose 18 percent to settle at $4.837 per million British thermal units, the ... Bloomberg L.P.  

Royal Dutch Shell - Key Takeaways From The Third Quarter 2018 Results   Nov 14, 2018
Shell trades directly in correlation with ... and it often comes to a simple relationship between the company and oil prices. Technical analysis - short-term and midterm. RDS-A has been in a ... Seeking Alpha  

Global Specialties of Lube Oil Refinery Market Outlook to 2023: An $11.3 Billion Opportunity   Nov 14, 2018
The leading specialties of lube oil refinery manufacturers, globally, profiled in this report are Exxon Mobil Corporation (US), Sinopec Corporation (China), Royal Dutch Shell Plc (Netherlands), PetroChina Company Limited (China), Repsol SA (Spain), Eni S.p ... The Business Journals  

Cheniere Bets $15 Billion on World Gas Demand Despite Tariff   Nov 14, 2018
On Wednesday, Cheniere said it started producing liquefied natural gas for the first time at the plant. It plans to fill up the tank with 43 million gallons of super-chilled LNG that’s slated to be shipped to gas-hungry countries like China -- a rosy ... Finance Yahoo  

Inquest into construction worker's death at Irving Oil headquarters set for Nov. 26   Nov 14, 2018
A coroner's inquest into the death of a construction worker following a workplace accident at the new Irving Oil headquarters building in Saint John last winter has been scheduled for Nov. 26. Adam Carleton, 33, of Barnesville, suffered a head injury in ... CBC.ca  

India Ready To Import More U.S. Oil And Gas   Nov 14, 2018
India is ready to import more crude oil and liquefied natural gas (LNG) from the United States to expand bilateral trade, India’s Foreign Secretary Vijay Gokhale said on Wednesday. Speaking ... OilPrice  

Commodities drag FTSE down, Debenhams suffers worst-ever day   Nov 14, 2018
Oil majors BP (BP.L) and Shell (RDSa.L) also declined after crude ... gain after Goldman Sachs upgraded it to “buy”. The company also said it had bought back 213,400 of its shares as part ... Reuters  

Natural Gas Prices Soar To 9-Year Highs As Cold Forecast Bites   Nov 14, 2018
Natural gas prices shot through the roof on Wednesday as weather forecasts called for an increasingly cold winter in what is looking like a tightly supplied market. Natural gas spot prices had ... OilPrice  

Goldman Says Wall Street Banks’ Exposure Was Behind Oil Rout   Nov 14, 2018
One of the main culprits for Tuesday’s oil price rout was a rush by Wall Street banks to cover their exposure to oil producers’ hedges, according to analysts at Goldman Sachs Group Inc. U.S. oil prices plunged 7.1 percent on Tuesday, the most in three ... Bloomberg L.P.  

Delays at Sturgeon Refinery add to Alberta heavy oil price discount woes   Nov 14, 2018
The refinery is a joint venture of North West Refining and Canadian Natural Resources Ltd., which is to provide 25 per cent of its bitumen feedstock. The rest is to come from the government-owned Alberta Petroleum Marketing Commission. Finance Yahoo  

Tech companies, banks pull US stocks lower; Oil up   Nov 14, 2018
The rebound in oil prices helped boost energy stocks. Cimarex Energy gained 2.5 percent to $86.45. TECH SLIDE: Technology stocks took some of the heaviest losses. Apple lost 2 percent to $188.41. SCORCHED: Shares in Pacific Gas & Electric sank 20.3 percent ... Houston Chronicle  

GLOBAL MARKETS-Oil finds floor, stocks ease, sterling braces for wild swings   Nov 14, 2018
MILAN, Nov 14 (Reuters) - Oil prices bounced from multi-month lows on Wednesday but stocks fell as disappointing data heightened worries over slowing global growth, while the pound wavered as ... Reuters  

Global oil market faces surplus throughout 2019 as demand growth slows   Nov 14, 2018
LONDON (Reuters) - Global oil supply will outpace demand throughout 2019, as a relentless rise in output swamps growth in consumption that is at risk from a slowing economy, the International ... Reuters  

Oil rebounds after long plunge, dollar weaker after inflation data   Nov 14, 2018
NEW YORK (Reuters) - Oil prices rebounded on Wednesday on hopes for output cuts after a steep drop a day earlier, while the dollar held losses against a basket of currencies following data showing ... Reuters  

Montenegrin activists protest against Adriatic oil prospecting   Nov 14, 2018
BAR, Montenegro (Reuters) - Dozens of Montenegrin environmental activists and fishermen took to the water in the Adriatic port of Bar on Monday to protest at undersea oil prospecting, which they ... Reuters  

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