Sentinel Midstream submits licence application for oil export facility  Hydrocarbon EngineeringSentinel Midstream's subsidiary, Texas GulfLink, has submitted a licence application to MARAD to construct a deepwater crude oil export facility. Read …

State agency, commission at odds over oil-well cleanup bonds  Fairbanks Daily News-MinerA few small oil companies have gone bankrupt in Alaska in recent years, leaving the state or other landowners on the hook for cleaning up the wells they left …

Oil Prices Spike As EIA Confirms Inventory Draw | OilPrice.com  OilPrice.comThe Energy Information Administration reported a crude oil inventory decline of 3.9 million barrels for the week to March 8, versus a build of 7.1 million barrels a ... …

Enbridge's Line 3 Delays Makes Oil Price Outlook For 2020 Even More Bullish  Seeking AlphaEnbridge issued new guidance for Line 3, the project has received approval, but will be delayed to H2 2020. This increases the supply deficit in 2020 as ... …

Maduro: Trump's 'Extremist Ku Klux Klan Government' Wants Venezuela's Oil  The Daily BeastVenezuelan President Nicolas Maduro has accused President Trump of running an “extremist Ku Klux Klan government” with “bad” advisers who just want to ... R …

Venezuela Has $500 Million of Crude Sitting in Ships — but Nobody Wants to Buy It  FortuneWith land-based storage space running low, Venezuela has transferred 8.36 million barrels of crude onto an armada of 16 ships. Read more http://fortune.com/ …

India to surpass China to become world's second-largest oil demand centre in 2019  Times NowNew Delhi: India will surpass China to become the second largest oil demand growth centre globally in 2019 on back of buoyant auto fuel and LPG consumptio …

Crude oil futures decline on weak trend overseas  Times NowWest Texas Intermediate (WTI) crude oil eased 1.45 per cent to USD 50.84 a barrel while global benchmark Brent crude was down 1.29 per cent at USD 59.70. Read more https://www.timesnownew …

Saudi Arabia's non-oil private sector growth cools off in December  The NationalSaudi Arabia's non-oil sector growth cooled off in December, however, the companies in the biggest Arab economy reported sustained an increase in output on ... Read m …

Brent crude oil rises back to $60 per barrel  Times NowBenchmark oil contract Brent North Sea crude climbed back to $60 per barrel on Wednesday, with OPEC cutting output and on easing concerns over weak ... Read more https://www.timesnownews.com/ …