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QEP Resources Announces Closing of Sale of Northwest Louisiana Natural Gas Assets   Jan 10, 2019
DENVER, Jan. 10, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (QEP) (“QEP” or the “Company”) announced today that the sale of its natural gas and oil producing properties, undeveloped ... Yahoo Finance  

WoodMac: LNG Glut Not Likely In 2019   Jan 10, 2019
With the millions of tons in new liquefied natural gas capacity coming on stream these days, many have begun worrying about an oversupply that would pressure prices to uncomfortably low levels. OilPrice  

Meetings continue between Wet'suwet'en hereditary chiefs and RCMP over road access for pipeline company   Jan 10, 2019
The Coastal GasLink project is run by TransCanada Corp., now officially known as TC Energy, and is meant to move natural gas from northeastern B.C. to the coast, where a liquefied natural gas project is scheduled for construction. Wet'suwet'en members had ... CBC.ca  

Mexico says completed 2019 oil hedge at $55 per barrel   Jan 10, 2019
MEXICO CITY, Jan 10 (Reuters) - Mexico completed its 2019 oil hedge at an average of $55 per barrel, placing the equivalent of $1.23 billion in put options, the finance ministry said on Thursday. (Reporting by Stefanie Eschenbacher ; Editing by Frank Jack ... Reuters  

U.S. Shale, Trade War Are UAE’s Key Oil Market Concerns   Jan 10, 2019
The U.S.-China trade dispute and the soaring U.S. oil production are the key concerns for the oil market this year, according to Suhail Al Mazrouei, the Energy Minister of the United Arab Emirates ... OilPrice  

FuelCell Energy, Inc. (FCEL) CEO Chip Bottone on Q4 2018 Results - Earnings Call Transcript   Jan 10, 2019
Our joint agreement with ExxonMobil has progressed on an accelerated pace and we expect this collaboration to expand. Our respective teams have worked very well together and through this ... Seeking Alpha  

Saudi Aramco Set To Disclose Accounts, Oil Reserves In Planned Bond Sale   Jan 10, 2019
Saudi Aramco is getting ready to issue a bond in the second quarter of 2019 to help it finance the acquisition of a majority stake in petrochemical giant Sabic, and this debt issue would force ... OilPrice  

Sweden : ExxonMobil and World's Leading Research Labs Collaborate with IBM to Accelerate Joint Research in Quantum Computing   Jan 10, 2019
Jan 10, 2019 (Euclid Infotech Ltd via COMTEX) -- Energy giant ExxonMobil and some of the world's pre-eminent research laboratories including CERN, Argonne, Fermilab, and Lawrence Berkeley are joining the IBM Q Network, IBM IBM, +0.00% announced today at ... MarketWatch  

ExxonMobil, Shell Looking Closer at the Electric Vehicle Charging Business   Jan 10, 2019
Big oil companies are looking at charging stations for electric vehicles (EVs), according to a new report from the Atlantic Council think tank. Such international oil companies as Shell and ... Yahoo Finance  

Husky Energy's SeaRose operation still on hold, as oil spill investigation continues   Jan 10, 2019
Nearly two months after the largest oil spill in Newfoundland and Labrador's history, production at Husky Energy's SeaRose FPSO remains on hold, while the Canada-Newfoundland and Labrador Offshore Petroleum Board continues its investigation. According ... CBC.ca  

Joint venture proposes offshore oil terminal south of Freeport   Jan 10, 2019
Phillips 66 Partners and Marathon Oil Corp. that is expected to be in service later this year. The Gray Oak Pipeline is designed to move 900,000 barrels of crude per day from the Permian Basin and Eagle Ford Shale to Freeport and three other destinations ... Houston Chronicle  

More oil than expected recovered from Newfoundland shipwreck, officials say   Jan 10, 2019
ST. JOHN'S, N.L. -- Federal officials say crews removed more oil than expected from a decades-old shipwreck off Newfoundland. The Canadian Coast Guard said Thursday about 208,769 litres of oil were removed from the Manolis L last summer in Notre Dame Bay ... CTV News  

Piedmont Natural Gas reminds its communities in the Carolinas and Tennessee that help is available for people in need   Jan 10, 2019
- Piedmont, its customers and its foundation have contributed nearly $3.5 million to the company's energy assistance program since 2003 CHARLOTTE, N.C., Jan. 10, 2019 /PRNewswire/ -- With ... Yahoo Finance  

Truce Reached for Now on Canadian Blockade of Shell Pipeline   Jan 10, 2019
the oil pipeline bought by the federal government from Kinder Morgan Inc. Shell was able to reach agreements with all aboriginal groups, whereas “Trans Mountain was not,” he’d said. Yahoo Finance  

Natural Gas Price Forecast – natural gas markets continue to grind sideways   Jan 10, 2019
Natural gas markets continue to be very sideways overall as we hover around the $3.00 level. This is a market that has sold off rather drastically, so it makes sense that we would probably hang about. Yahoo Finance  

Poland Scrambles To Wean Itself Off Russian Gas   Jan 10, 2019
Poland is continuing to make a pivot away from its decades-long natural gas supplier - Russia. In a statement on Wednesday, Polish state-controlled oil and gas company PGNIG said that its share of ... OilPrice  

Oil Enters Bull Market As Shorts Are Wiped Out   Jan 10, 2019
After crude suffered a near record, 44% plunge in the fourth quarter, one which left commodity funds reeling and both OPEC and oil exporting nations in a panic, oil stormed back into bull market ... Yahoo Finance  

iPath® Pure Beta Crude Oil ETN   Jan 10, 2019
The investment seeks to provide investors with exposure to the Barclays WTI Crude Oil Pure Beta Total Return Index. The Barclays WTI Crude Oil Pure Beta Total Return Index (the "index") reflects ... CNN Money  

Duke Energy energized Florida communities with more than $3 million in grants, 20,000 volunteer hours in 2018   Jan 10, 2019
The company is transforming its customers' experience, modernizing its energy grid, generating cleaner energy and expanding its natural gas infrastructure to create a smarter energy future for the ... Yahoo Finance  

BP just discovered a billion barrels of oil in the Gulf of Mexico   Jan 10, 2019
The British energy company has discovered 1 billion barrels of ... BP says it plans to develop reservoirs at its Manuel prospect, where Shell holds a 50-percent stake. Producers also found oil at the Nearly Headless Nick prospect near Na Kika, where ... Finance Yahoo  

Oil steadies after U.S.-China talk hopes fade   Jan 10, 2019
NEW YORK (Reuters) - Oil prices steadied on Thursday, following a week-long rally, after U.S.-China trade talks failed to produce a resolution and weak Chinese data dampened risk appetite. Brent crude futures fell 13 cents, or 0.2 percent, to $61.31 a ... Finance Yahoo  

What's moving markets today   Jan 10, 2019
Energy stocks are leading the way higher on Wednesday. Apache, Marathon Oil and EOG Resources all climbed 3% or more. The group was boosted by a 5% surge for US oil prices. Crude is back above $52 a barrel and on pace to close higher for the eighth day in ... cnn.com  

Venezuela’s Maduro celebrates 2nd term as crisis deepens   Jan 10, 2019
Bermudez, 52, disagrees and points out the irony of living in a nation with the world’s most abundant oil reserves yet having to wait in line overnight recently to fill three canisters of natural gas to cook at home. Oil-rich Venezuela was once among ... Associated Press  

Oil Near One-Month High as Rally Pauses for `Profit-Taking'   Jan 10, 2019
(Bloomberg) -- Oil fluctuated near a one-month high after entering a bull market, as the tension between an uncertain economic outlook and OPEC supply cuts continued to keep trading volatile. Yahoo Finance  

This Oil Stock Is Planning to Prosper in 2019 No Matter What Happens With Oil Prices   Jan 10, 2019
Occidental Petroleum (NYSE: OXY) has spent the past few years optimizing its portfolio. These actions included selling noncore assets and replacing them with those that were a better fit, investing in high-return opportunities, and cutting costs. Yahoo7 Finance  

4 Energy Stocks to Reap Oil's Recent Rally   Jan 10, 2019
Oil’s recent rally was reflected in U.S. equity markets as stocks gained for the fourth trading session on Jan 9. Developments in macroeconomic issues drifted in investor-anticipated direction ... Yahoo Finance  

Rowan wins rig contract for work off Norway   Jan 10, 2019
Rowan (RDC +0.5%) says ConocoPhillips awarded a contract for its its ultra-harsh environment jack-up rig Rowan Norway for work off Norway lasting at least seven months beginning in Q2. Following ... Seeking Alpha  

Maduro Kicks Off Second Term With an Economic Disaster of His Own Making   Jan 10, 2019
The urgency increased after Houston-based ConocoPhillips and Canadian gold miner Crystallex International Corp. managed to wring $1 billion out of the government by threatening to lay claim to Venezuela’s assets abroad. It’s a dramatic turn of events ... Finance Yahoo  

InventHelp Inventor Develops Accessory for Changing Oil Filters (MTN-3238)   Jan 10, 2019
PITTSBURGH, Jan. 10, 2019 /PRNewswire/ -- "I change my car's oil myself, and I have spilled used motor oil on several occasions," said an inventor from New York, N.Y. "To put a stop to such messes ... Yahoo Finance  

BP unlocks a billion oil barrels in Gulf of Mexico with new technology   Jan 10, 2019
LONDON (Reuters) - BP <BP.L> said it has discovered two new oilfields in the Gulf of Mexico and has identified an additional billion barrels of oil at an existing field thanks to new seismic technology. The British company, which has only recently turned a ... Finance Yahoo  

UPDATE 1-Occidental Petroleum sees 2019 capex range of $4.4 bln-$5.3 bln   Jan 10, 2019
(Corrects information on Permian holdings to 2.5 million from 1.4 million acres in final paragraph) Jan 7 (Reuters) - U.S. oil and gas producer Occidental Petroleum Corp said on Monday it expects to spend $4.4 billion to $5.3 billion this year, depending ... Yahoo7 Finance  

Alberta Keeps Oil Cuts at January Level Even as Prices Surge   Jan 10, 2019
Even with surging prices and a shrinking discount for Canadian crude, crude-by-rail shipments have been rising after companies including Cenovus Energy Inc. signed multi-year contracts to send more oil out on trains. The volume of oil on rail lines rose to ... Bloomberg L.P.  

KBRA Releases CMBS Research: “Houston’s Office Market Walks the Oil Volatility Tightrope”   Jan 10, 2019
NEW YORK--(BUSINESS WIRE)--Jan 10, 2019--Kroll Bond Rating Agency (KBRA) released a research report summarizing its views on the CMBS Houston Office Market. While recent years have seen Houston’s economy become increasingly diversified, the region still ... Associated Press  

South Korea To Resume Iran Oil Imports Soon   Jan 10, 2019
South Korea will start buying Iranian crude this month or next, the parent company of the country’s largest refinery, SK Innovation, told Reuters. “As South Korea received a waiver and has ... OilPrice  

Exclusive: Glencore loses exclusive rights to major Libyan oil grades   Jan 10, 2019
In a sign of renewed international confidence in Libya’s oil industry, BP (BP.L) and Royal Dutch Shell (RDSa.AS ... been allocated exclusively to one company for such an extended period. Reuters  

Oil Breaches $50 a Barrel on Inventory Draw, China Talks   Jan 10, 2019
The data from EIA generally acts as a catalyst for crude prices and affect producers, such as ExxonMobil XOM, Chevron CVX and ConocoPhillips COP, and refiners such as Valero Energy VLO ... Yahoo Finance  

Energy Transfer: Will It Outperform Peers Again In 2019?   Jan 10, 2019
The pipeline quickly got firm commitments from Antero Resources (AR), Range Resources (RRC), and other major exploration and production ("E&P") companies operating in the basin. That was not a ... Seeking Alpha  

Libya Aims To Double Oil Production Within 2 Years   Jan 10, 2019
3 hours Saudis Set Sights On $80 Oil. I still think that $70 is a better relative balance than $80 Irina is a writer for the U.S.-based Divergente LLC consulting firm with over a decade of ... OilPrice  

Noble Midstream Partners to Host Conference Call and Webcast on February 19   Jan 10, 2019
9351622 About Noble Midstream Partners Noble Midstream is a growth-oriented master limited partnership formed by Noble Energy, to own, operate, develop and acquire domestic midstream infrastructure assets. Noble Midstream currently provides crude oil ... MarketWatch  

Rowan Announces Contract with ConocoPhillips for the Rowan Norway   Jan 10, 2019
HOUSTON, Jan. 10, 2019 /PRNewswire/ -- Rowan Companies plc ("Rowan" or the "Company") (RDC) announced today that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded ... Yahoo Finance  

Norway cuts 2019 oil output forecast to reach 30-year low   Jan 10, 2019
STAVANGER, Norway (Reuters) - Norway’s oil output in 2019 will be smaller than previously forecast and will reach its lowest level in three decades, the Norwegian Petroleum Directorate (NPD ... Reuters  

 Officials attribute the cuts to start-up delays and production difficulties in several fields.


Stock Rally Takes a Break as Bonds Rise, Oil Drops: Markets Wrap   Jan 10, 2019
(Bloomberg) -- The new-year rally in global equities stalled on Thursday as investors paused to draw breath following the recent rebound. Oil threatened to post the first drop in two weeks. Yahoo Finance  

Tank Insulation Market Worth $6.5 Billion by 2023 - Exclusive Report by MarketsandMarkets™   Jan 10, 2019
where conversion of natural gas into a liquid state is undertaken. Insulating tanks help in maintaining the actual form of LNG while storing and transporting. Hence, demand for LNG as a fuel ... Yahoo Finance  

PRESS DIGEST- Canada - Jan 10   Jan 10, 2019
tgam.ca/2REt2YU ** Husky Energy Inc is likely to find there's strong buyer interest in its Canadian gas station network from an industry whose ownership has shifted radically in recent years. tgam.ca/2H4B0GO ** Several of Canada's international trading ... Reuters  

Iran will not comply with 'illegal' U.S. sanctions: Oil Minister   Jan 10, 2019
BAGHDAD (Reuters) - Iranian Oil Minister Bijan Zanganeh said on Thursday U.S. sanctions against his country were “fully illegal” and Tehran would not comply with them. Zanganeh, speaking at a joint news conference in Baghdad with Iraqi Oil Minister ... Reuters  

The New Oil Order   Jan 10, 2019
In the decades preceding the arrival of U.S. shale oil, the oil market had only one stabilizing force, namely OPEC. The reason the oil market was structured as such was due to the nature of ... OilPrice  

Turkey resumes Iranian oil imports under U.S. sanctions waiver   Jan 10, 2019
LONDON, Jan 8 (Reuters) - Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said. The United States granted Turkey and other countries import ... Finance Yahoo  

 US granted waiver lets Turkey import 60,000 bpd of Iranian oil.


Oil delivery truck crashes on icy roads in Centre Rawdon   Jan 10, 2019
A truck driver was taken to hospital for examination after the fuel delivery truck he was driving slid into the ditch on Meek Road in Centre Rawdon, N.S., on Wednesday. The crash happened just before 8 p.m. about 50 kilometres north of Halifax, said Nova ... CBC.ca  

Arab Oil Producers' Lender Targets $1 Billion for Energy in 2019   Jan 10, 2019
(Bloomberg) -- Arab Petroleum Investments Corp. plans to invest almost $1 billion in energy projects this year, boosting its assets even as oil prices falter. New investments will diversify the ... Yahoo Finance  

CPC pipeline exports 61.1 mln T of oil in 2018, sees 11 pct rise in 2019   Jan 10, 2019
MOSCOW, Jan 10 (Reuters) - Crude oil exports via the Caspian Pipeline Consortium (CPC) pipeline reached 61.1 million tonnes in 2018, up 5.98 million tonnes on a year earlier, the consortium said on Thursday. Oil from Kazakhstan accounted for 54.3 million ... Reuters  

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