BloombergIraq Delays Oil Auction After Late Contract TweaksBloombergThe best fields, according to Thom, are those that are close to existing oil reservoirs and export facilities. Companies already producing in the country are likely to seek rights in adjac …

BloombergEuropean Majors Snap Up Mexican Oil Contracts Ahead of ElectionBloombergMexico's national hydrocarbons commission awarded 16 production-sharing contracts in the tender on Tuesday. They cover prospective resources estimated at the equivalent of …

BloombergOil Trading Giants Glencore, Vitol Targeted in PDVSA Bribe SuitBloombergOil trading giants including Glencore Ltd. and Vitol SA paid millions of dollars to a former PDVSA trader to get the inside track on Venezuelan oil deals, according to a lawsu …

Lukoil reports year-end 2017 reserves estimateWorldOilFor instance, Lukoil's reserves of the West Qurna-2 field went down by 153 MMboe. Lukoil also completed the 3C contingent reserves assessment under the PRMS (Petroleum Resources Management System) s …

ReutersLukoil calls for exit from output deal if oil holds at $70ReutersMOSCOW (Reuters) - Russia should start exiting a global deal to cut oil output if crude prices remain at $70 per barrel for more than six months, Lukoil chief executive Vagit Alekperov …

UPDATE 2-Lukoil calls for exit from output deal if oil holds at $70ReutersRussia and Saudi Arabia are leading the wider OPEC and non-OPEC effort to limit production to prop up prices and Brent crude oil futures have risen by more than 50 percent since mid- …

Chron.comTax breaks for oil, wind, electric cars survive in Senate billChron.comTax breaks cherished by both the fossil fuel and renewable energy industries emerged unscathed in a tax plan unveiled in the U.S. Senate, according to details of the bill relea …

As Oil Prices Rise, Global Majors Eyeing Mexico's Deep WatersBloombergThe who's who of the oil world -- led by Exxon Mobil Corp and Royal Dutch Shell Plc, the world's two biggest drillers by market value -- are lining up to bid in the country&# …

ReutersRussia's Lukoil eyes decade of oil output growthReutersFedun, among the first in the Russian oil industry to call for an output reduction deal with OPEC, said Lukoil had already yielded at least $1.5 billion in additional profits from the global …

NPRCrude Oil Begins To Flow Through Controversial Dakota Access PipelineNPRCrude oil is now flowing through the Dakota Access Pipeline, despite months of protests against it by Native American tribes and environmental groups. The pipeline spans more than a …