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Chron.comOil discoveries in 2017 hit all-time lowChron.comAverage monthly volumes dropped to 550 million barrels of oil, gas and liquids. An average offshore discovery held 100 million barrels this year, compared to 150 million in 2012. And since smaller f
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ReutersBNY Mellon freezes $22 billion in Kazakh oil fund assets: sourceReutersThey invested in Kazakhstan's oil and gas industry and have asserted that they were subjected to significant harassment from the state aimed at forcing them to sell their inv
Admin 21.12.2017 0 71

Chron.comOil near two-week high as stockpiles fallChron.comOil traded near the highest close in more than two weeks after crude stockpiles in the world's largest economy slid more than forecast to a two-year low. Futures fell 0.1 percent in New York af
Admin 21.12.2017 0 56

ReutersOil falls as UK North Sea oil pipeline moves closer to restart - ReutersReutersOil prices fell on Thursday after the operator of Britain's Forties pipeline in the North Sea said it was expected to restart in early January after repairs over Chri
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ReutersIraq oil ministry starts taking over Majnoon oilfield operationsReutersBAGHDAD (Reuters) - Iraq's oil ministry said on Thursday it had started to take over operations of Majnoon oilfield from Royal Dutch Shell and planned to lift output in futur
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ReutersIraq oil ministry says has started to take over operations of Majnoon oil fieldReutersBAGHDAD (Reuters) - Iraq's oil ministry said on Thursday it had started to take over the operations of the Majnoon oil field from Royal Dutch Shell. FILE PHOTO
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ReutersOil market capped as US output fast approaches 10 million bpdReuters“We expect the first few months of 2018 to be either flat or a build (in inventories), as it is typically the case with the seasonality in the oil market,” Khalid al-Falih told Reut
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ReutersOil falls as UK North Sea oil pipeline moves closer to restartReutersIneos on Dec 13 was forced to declare force majeure on deliveries of Forties crude oil, natural gas and condensate, suspending its contractual obligations to customers due to circu
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ReutersNorth Sea pipeline outage, lower US crude stocks support oil pricesReutersGoldman Sachs said on Wednesday it forecasts global oil inventories will have rebalanced by mid-2018, “leading to a gradual exit from the cuts and increases in OPEC and Russia
Admin 20.12.2017 0 38

ReutersOil edges up on North Sea pipeline outage, lower US crude stocksReutersOil prices have also been supported by the continuing outage of the Forties pipeline in the North Sea, which delivers crude underpinning Brent futures. Operator Ineos hopes to be
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