Yemie ADEOYE with Agency report HOUSTON TX -Earlier this week, the U.S. Energy Information Administration (EIA) declared that the port district of Houston-Galveston has for the...
HOUSTON Tx– U.S. energy companies cut nine oil drilling rigs this week, the biggest reduction since May 2016, following a recent decline in crude prices. The...
HOUSTON Tx– Enbridge Inc, Canada’s largest pipeline operator, said on Friday it would buy its U.S. master limited partnership Spectra Energy Partners for a sweetened deal...
HOUSTON Tx– Australian company Byron Energy Ltd. has begun drilling of the Bivouac Peak East’s first well, the Weiss-Adler et al No. 1 The Bivouac Peak...
STAVANGER, Norway – French energy group Total is not looking at investing in the U.S. shale oil industry, the company’s chief executive said on Monday. Patrick...
Yemie ADEOYE HOUSTON Tx-Weir Oil & Gas Dubai announced today it has signed multi-year contracts in Iraq with two international oil companies totaling more than $50...
HOUSTON Tx- Higher retail gasoline prices have translated into flat growth in demand in the U.S. this year, after several years of growth. U.S. traffic rose...
HOUSTON TX- Brazil announced a relaxing of local content rules for the Libra oil field, paving the way for $16 billion in investment, the government says....
HOUSTON Tx- PDVSA agreed to repay $2 billion to ConocoPhillips (NYSE: COP) to settle claims related to international arbitration decision from earlier this year. PDVSA has...
HOUSTON TX- According to Bloomberg and JPMorgan Chase, Saudi Arabia is set to see $65 billion in capital flee the country this year, or about 8.4...
