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Threat of Venezuelan Oil Ban Pits Oil Boss Hamm Against Refiners

The prospect of a US blockade of crude oil imports from Venezuela has ignited fierce lobbying in Washington pitting domestic energy producers against refiners that depend on those supplies.
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Britain's Tullow Launches Oil, Gas Exploration In Zambia

Tullow Oil starts exploring for oil and gas in Zambia.
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Distillates To Boost US Refiners' Bottom Line Through Year-End

US refiners are heading into the winter season on their best footing in years.
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US Shale Output Poised To Keep Rising Despite Investor Concerns

The higher outlooks come on the heels of one high-profile Permian Basin producer's oil output miss last quarter and decisions by several other energy companies to trim annual budgets.
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Oil Prices Up Amidst Higher Global Demand, Nigeria Instability

Oil prices rise slightly in volatile trading as the market weighed lower US crude stocks, Nigerian instability and strong global demand growth against a persistently slow rebalancing.
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Venezuela's Citgo Turns to Canada for Oil as Crisis Deepens

Venezuela's oil-supply woes are so dire that its US refineries are turning to Canada for help.
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IEA Cuts Estimates for Crude Needed From OPEC in 2017, 2018

The International Energy Agency cut estimates for the amount of crude needed from OPEC this year and in 2018.
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Hundreds Of Protesters Storm Shell Oil Facility In Niger Delta

Hundreds of Nigerians stormed a crude oil facility and gas plant owned by Shell in the Niger Delta.
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India's Refiners Bet Big On Petrochemicals As Industry Reshapes

India's state oil refiners are planning a $35 billion push into petrochemicals
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North Dakota Oil Production Slips About 1% In June

North Dakota's daily oil production slips about 1% in June.
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Global LNG: Faltering Supply Prompts Short-Covering Price Rally

Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
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Silicon Valley Wants to Help You Never Visit a Gas Station Again

For Dana Dwyer, an Oracle Corp. employee and mom, a full tank of gasoline at the end of her workday is something she describes with just two words: 'It's happiness.'
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Oil, Gas Industry Facing Skills Gap

The sector will face a skills gap if it doesn't use technology to try and retain young people in the workplace.
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Arctic Ocean Thaw Helps Russian Shipping As Old Ice Blows West

The thinning Russian ice could help liquefied natural gas (LNG) tankers.
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Kemp: Oil Market Marches On Towards Backwardation

Oil traders are increasingly convinced the market will rebalance over the next year with a major drawdown in crude and products stocks.
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Vietnam's Sole Refinery Plans $84 Million IPO on November 7

Binh Son Refinery & Petrochemical Co. expects to raise about $84 million during an initial public offering November 7.
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Amec Foster's First-Half Trading Profit Falls, Margins Improve

Amec Foster Wheeler reports an 8% fall in half-year profit, but stronger margins helped to boost its shares.
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OPEC Sees Higher 2018 Oil Demand, Points To Easing Glut

OPEC forecast higher demand for its crude in 2018 due to rising global consumption.
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Premier Oil Names Roy Franklin As Chairman

Premier Oil hires oil and gas industry veteran Roy Franklin as its chairman.
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Russian Gas Link Offshoot Taps Investors as Sanctions Swirl

Gascade Gastransport GmbH is in talks with investors to raise money for a new pipeline that will carry more Russian fuel directly to Europe.
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