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– 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– IN order to get around U.S. sanctions, China is reportedly seeking to use oil tankers from Iran for its purchases. “Chinese buyers of Iranian...
HOUSTON TX- Total SA has walked away from the $5 billion South Pars gas project, but is having trouble unloading its stake. Total has essentially given...
ExxonMobil, world’s largest publicly quoted oil and gas company is reportedly trying to sign up refiners to long-term oil purchasing deals. A lot of Middle Eastern...