Jamaica GleanerGuyana confirms oil payment from ExxonMobilJamaica GleanerPresident of Guyana David Granger Wednesday acknowledged that American oil company ExxonMobil had paid over US$18 million as a signing bonus to his government. It confirmed a disclosu …

Financial TimesRising oil prices lure oil exploration groups back to debt marketsFinancial TimesUS exploration and production companies have raised more from bond sales in 2017 than in any year since the slump in oil prices began in 2014, shoring up their …

Financial PostDeclines in oil investment, housing, consumer spending to halve Canadian GDP growth: reportFinancial PostCALGARY – A triple threat of falling consumer spending, a potential pullback in residential housing investment and anemic levels of oil a …

Nigeria seeks to amend deep offshore oil act to raise crude revenueReutersABUJA (Reuters) - Nigeria is seeking to amend a law on deep offshore oil exploration and drilling, aiming to increase government revenue from crude sales when prices exceed $20 a bar …

Chron.comBlown oil rig leaves rotten smell in Fort Bend, Brazoria countiesChron.comFor the past week, 50 to 60 workers have been mopping up oil and removing the oil-soaked dirt from the area; much of the oil will be recycled. So far, the equivalent of abou …

Financial TimesSaudi Aramco plans for a life after oilFinancial Times“There sometimes seems to be a bit of a contradiction between Aramco working overtime to prolong the oil age, because they know Saudi Arabia cannot entirely end this dependency, while the …

ReutersLibyan political, oil and bank heads discuss funds to lift crude outputReuters“The meeting dealt with the necessary financial arrangements to provide funding to the National Oil Corporation so as to be able to raise production and carry out its task …

Oil Markets Calm After OPEC StormOilPrice.comResearchers at MIT have discovered a flaw in the EIA's official forecast, which might mean that the agency is vastly overstating the potential growth of oil and gas production. “The EIA is assuming that prod …

UPDATE 2-Nigeria's parliament passes 2018-2020 budget framework, raises oil price estimateReutersNigeria is Africa's biggest oil producer and crude oil sales make up two-thirds of government revenue. In the second quarter Nigeria emerged from its f …

ReutersOPEC And Russia Blinked, But The Oil Bulls Aren't Ready To Run, YetSeeking AlphaThe anticipation is over and the results of OPEC's 173rd meeting are in. As expected, the cartel with Russian cooperation extended production cuts through 2018 t …