ReutersExclusive: Mexico's Pemex given two-year extension to keep oil, gas blocks - sourcesReutersMEXICO CITY (Reuters) - Mexican national oil company Pemex [PEMX.UL] can keep 101 oil and gas exploration blocks it was granted in 2014 under the governme …

The Mercury NewsHarvey effect: Gas surges, oil dropsThe Mercury NewsGasoline surged to the highest in two years and oil declined as flooding from Tropical Storm Harvey inundated refining centers along the Texas coast, shutting more than 10 percent of U.S. …

BBC NewsArtist inspired by life on North Sea oil platformsBBC NewsArtist Sue Jane Taylor's interest in the oil industry has seen her spend time on remote offshore platforms, documenting the "human side" of the people who work offshore on thes …

US drillers cut oil rigs ahead of Hurricane Harvey - Baker HughesReutersBy Jessica Resnick-Ault Aug 25 (Reuters) - U.S. energy firms cut oil rigs for a second week in a row ahead of Hurricane Harvey and as a more than year-long recovery in drilling slows d …

Sanctions On North Korea Won't Slow Chinese Oil FlowOilPrice.comWhile the latest round of U.S. sanctions on North Korea's oil trade is likely to stop major companies from trading due to reputational risks, it is unlikely to stop China's crude o …

ReutersUS Gulf of Mexico oil, gas lease sale yields $121 million in high bidsReutersWASHINGTON (Reuters) - A sale of oil and gas leases in U.S. waters in the Gulf of Mexico generated $121.14 million in high bids for 90 tracts covering 508,096 acres (205,61 …

ReutersOil producers signal offshore return in latest Gulf of Mexico auctionReutersHOUSTON (Reuters) - Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million on Wednesday, a nearly seven-fold increase from a year ago, …

The HillFeds to sell 14 million barrels from oil reserveThe HillThe Department of Energy is preparing to sell 14 million barrels of crude oil from the nation's Strategic Petroleum Reserve (SPR) beginning later this month. The agency announced late Tues …

ReutersGoodbye contango? Oil's long march toward backwardation: KempReutersLONDON (Reuters) - “The rebalancing of the oil market desired by the leading producers has been a stubborn process,” the International Energy Agency wrote in its latest monthly …

Dallas NewsTrump's idea to drain half of America's emergency oil reserve so far finds few takersDallas NewsWASHINGTON — A Trump administration proposal to sell off half of America's emergency oil stockpile is so far proving to be a dry hole. Mo …