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China To Auction Five Oil, Gas Blocks In Xinjiang In Reform Push

China is putting out for auction 5 oil and gas blocks in the remote northwest Xinjiang region to domestic investors.
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While Senate Pushes ANWR Drilling, Industry Looks Elsewhere

Even as the US Senate moves to allow oil drilling in Alaska's ANWR, the real action is 150 miles (241 km) west.
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Aker Solutions Bags $483 Mln Johan Castberg Deal

Aker Solutions secure services contract with Statoil worth around $483 million (NOK 4 billion).
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Greece, Italy, Israel and Cyprus Back Natgas Pipeline To Europe

Italy, Greece, Cyprus and Israel agree to back the construction of a gas pipeline from newly discovered fields.
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Oil Climbs as OPEC Tightening Dovetails With US Supply Drop

Crude rose as lower OPEC production and signs of shrinking US oil inventories bolstered expectations for an end to the global surplus.
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Indian Refiners Turn To Use Dirty Fuel To Produce Power, Gas

Indian oil refiners are drawing up plans to use petroleum coke for power generation and to produce syngas.
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Chinese Firm Rescinds Takeover Offer For Australia's AWE

Bid to buy AWE has been formally withdrawn.
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Petronas Unit Agrees Share Swap With Shell's Africa Operator

Petronas' South African unit and Vivo Energy Holding BV agreed to a deal to combine some of their African fuel-retail assets.
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Sharp Fall In Applications For Norway's Arctic Oil Permits

Norway's attractiveness as an oil region took a hit when energy authorities said 11 oil firms applied for stakes in exploration blocks in its latest oil licensing round
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Natural Gas In Petrobras Pipelines Up About 23% In 2017

The supply of natural gas in Petrobras' pipeline network likely grew about 23% this year.
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Sturgeon Opens Total E&P UK's New Aberdeen Office

Total E&P UK's new Aberdeen office has been opened by Scotland's first minister, Nicola Sturgeon.
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Kinder Morgan Canada Shares Drop 3% After More Potential Pipe Delay

Kinder Morgan Canada shares fall, the day after the company said its Trans Mountain pipeline expansion could miss the revised timetable.
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UKCS Supply Chain Collaboration Improving

Collaboration within the UKCS upstream supply chain is improving, according to an annual sector survey published by Deloitte and Oil & Gas UK.
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Statoil Greenlights $6B Flagship Arctic Oil Project

Statoil gave the final go-ahead to a flagship Arctic oil project after slashing costs by half.
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RGU Launches World-First Decommissioning Simulator

Aberdeen's Robert Gordon University (RGU) launches the world's first decommissioning simulator.
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Gadfly: The Billion Barrels That Make or Break the Oil Market

There are a billion barrels of oil simultaneously buoying the market and hanging over it like a giant storm-cloud.
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Britain's Genel Finds Oil Bearing Reservoirs In North End Of Taq Taq Field

Genel Energy Plc says one of its wells, drilled to appraise the northern end of its Taq Taq oilfield in Kurdistan region of Iraq, encountered oil bearing reservoirs.
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Engie Plans To Go Green Via Biogas And Renewable Hydrogen

Engie plans to switch all of its gas operations to biogas and renewable hydrogen by 2050, making it 100% green, its chief executive says.
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Oil Eases 1 pct on Profit-Taking as U.S. Output Eyed

Oil falls more than 1 percent on profit-taking as the market eyed signs of rising U.S. production, though prices remained close to recent two-year highs thanks to last week's decision by OPEC and other producers to extend output cuts.
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Global Factors Weigh Against Bolivia In Gas Contract Negotiations

Bolivia's declining natural gas reserves, rising global supplies and more flexible sale terms in the international market all count against South America's top gas exporter
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