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Energy Bonds Trade Like Stocks as Wildcatters Get Religion

For the first time in months, energy bond and stock investors are both feeling good.
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Company: Explosion At Petroperu Crude Oil Tank Kills Two Workers

An explosion at a Petroperu crude oil tank killed two men who had been performing maintenance work on Wednesday.
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Hungary's MOL looking to exit UK North Sea - Sources

Hungarian oil and gas group MOL is seeking to exit the UK North Sea four years after entering the basin as a drop in oil prices has put margins under pressure, banking sources said.
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Saudi Arabia's SABIC Looking At Investing In US

SABIC is considering several possible investments in the United States.
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Crude Drops in Face of Gasoline Hoard Traders 'Can't Hide From'

Oil had its worse day in two months.
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European Oil Margins Sink, But Traders Expect Recovery In 1Q 2018

Benchmark European oil refining margins sink to a 15-month low.
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Executive Search in Oil and Gas, Part 2: Regional Differences & Challenges

In the final part of this two-part series, executive search professionals discuss unique challenges and the role technology will play in the future energy workforce.
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ExxonMobil Jumping in to Mexico Fuel Market With First US Cargo

ExxonMobil is joining Chevron and other US refiners to supply the newly free Mexico fuel market.
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Thailand's Gulf Energy Marks Market Debut with 27.8% Jump

Gulf Energy Development PCL makes its market debut with shares trading at 27.8 percent above their initial public offer.
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Adnoc Unit IPO to Raise $902 Million After Narrowing Range

Abu Dhabi National Oil Co. plans to raise as much as $902 million from the IPO of its fuel-retailing unit.
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Saudi Aramco Awards U.S. General Dynamics Offshore Security Contract

Saudi Aramco has awarded a contract to the local subsidiary of U.S. company General Dynamics as the state oil giant aims to increase security at its offshore facilities.
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Nigeria Refining Push Prompts $3.6 Billion Petrolex Plan

Nigeria is set to get another new oil refinery as a government push to end fuel imports attracts investors to the industry.
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BP to Build New Lubricants Blending Plant in China

BP plc announces plans to build a new lubricants blending plant in China, which will be the company's third facility of this type in the country.
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JPMorgan Calls $60/Bbl Magic Number for New Shale Surge

For America's shale drillers, the tipping point to boost production looks to be $60 a barrel.
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Report: Offshore Oil, Gas Helicopter Expenditure to Hit $16B to 2022

Offshore oil and gas helicopter expenditure will total $16 billion over 2018-2022, according to a new report published by Westwood Global Energy Group.
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Russia Starts Up Second LNG Plant In Remote Arctic

Russia starts production at its second liquefied natural gas plant, Yamal LNG, with the aim of shipping the first cargo on Dec. 8 from the remote Arctic port of Sabetta.
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Executive Search in Oil and Gas, Part I: Young Leaders & Diversity

In the first part of this two-part series, Rigzone speaks with executive search professionals about young leaders in the industry and diversity initiatives.
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Cheniere Boosts LNG Tanker Fleet Amid Asian Demand Boom

Cheniere Energy expands shipping fleet with a flurry of spot vessel charters to keep up with Asian winter demand growth.
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Report: LNG Project Sanction Uptick in 2018

There will be an uptick in the number and capacity of LNG projects sanctioned in 2018, according to a new report.
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Official: South Sudan Owes Sudan $1.3B From 2012 Oil Deal

South Sudan still owes neighbouring Sudan $1.3 billion from a 2012 deal that ended a dispute over oil payments.
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