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Vietnam's PV Oil Plans Jan IPO That Aims To Raise At Least $122 Mln

Vietnam state oil distribution firm PetroVietnam Oil Corp (PV Oil) plans to offer 20% of its shares in an initial public offering (IPO) in January.
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Asia Spot Stays Near 3-Year High For Third Week

Asian spot LNG prices were unchanged for a third week.
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Norway Oil Region's Business Outlook Strongest Since 2014 -Survey

Business conditions have levelled out in Norway's western oil-producing regions during the last three months.
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US Vastly Overstates Oil Output Forecasts, MIT Study Suggests

Turns out, America's decade-long shale boom might just end up being a little too good to be true.
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Saipem Secures More Work in Saudi Arabia, West Africa

Saipem is awarded a new services contract by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia.
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Oil Price to Rise in 2H18 with OPEC, NOPEC Cut Extension

Supply-demand balance expected to tighten in second half of 2018.
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Triangle Energy Detects ASP Pipeline Leak

Australia based exploration and production company Triangle Energy (Global) Ltd detects a water leak in its onshore water injection pipeline at the Arrowsmith Stabilisation Plant (ASP).
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Shell LNG Plant In Queensland, Australia To Undergo Maintenance-AEMO

Royal Dutch Shell's Queensland Curtis liquefied natural gas (LNG) production plant will undergo a partial maintenance outage on May 7-27, 2018.
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Statoil Secures Onshore Argentina Exploration License

Statoil ASA has been awarded the Bajo del Toro Este exploration license as operator in the Neuquen basin.
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Denmark Passes Law That Could Ban Russian Pipeline Going Through Its Waters

Denmark passes a law that could allow it to ban Russia's Nord Stream 2 gas pipeline from going through its waters on grounds of security or foreign policy.
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Chevron To Study Mexican Oil Block, No Drilling Seen In First 4 Years

Chevron will focus on studying the geology of its block in Mexico's deepwater Gulf during the first four-year phase of its contract.
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Enbridge Shares Jump After Company Targets $2.3B Asset Sales

Enbridge shares jumped after North America's largest energy infrastructure company announced plans to sell noncore assets to focus on its 'crown jewels'.
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Pakistan In LNG Talks With France, Italy And Spain

Pakistan is in talks to import LNG from France, Italy and Spain, a senior Pakistani source says.
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Chevron, Total, Petrochina May Develop Iraq's Majnoon Oilfield

Chevron, Total and PetroChina may form a consortium to develop Iraq's Majnoon oilfield, which Royal Dutch Shell wants to exit.
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Refining Group Chief: 'King Corn' Wins with Latest RFS Volumes

Renewable fuels, oil refining interests find flaws.
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Survey: Oil Sector Confidence Increasing

Confidence in the oil sector is increasing, according a new industry survey by Aberdeen & Grampian Chamber of Commerce (AGCC).
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Inpex Halts Construction At Australian LNG Site After Worker Dies

Inpex halted construction work at an onshore site in Australia for the huge Ichthys LNG project after a worker died in an accident there.
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Oil Rises As OPEC Extends Cuts To End Of 2018

Oil rose after OPEC and non-OPEC producers led by Russia agreed to extend output cuts until the end of 2018.
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Union Leader: PDVSA's Amuay Refinery Halts Distillation Unit

Amuay refinery has halted its distillation unit No. 5 due to an operational problem.
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Enquest Lenders Relax Debt Terms, Shares Rise

EnQuest Plc, a North Sea-focused oil producer saddled with $2 billion in debt, says its lenders eased terms on a loan, boosting its shares by as much as 6%.
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