BP unlocks a billion oil barrels in Gulf of Mexico with new technology  Yahoo! Finance NewsBP said it has discovered two new oilfields in the Gulf of Mexico and has identified an additional billion barrels of oil at an existing field thanks to ne …

Venezuela's PDVSA inks oil deal with firm part-owned by Florida Republican  Yahoo NewsVenezuelan state oil firm PDVSA has signed a deal with little-known U.S. energy firm Erepla that is part-owned by a prominent Florida Republican to help ... Rea …

Elliott Makes $2 Billion Offer for Oil Driller QEP Resources  Houston Chronicle Elliott Management Corp. made a $2 billion proposal to acquire the portion of QEP Resources Inc. that it doesn't already own as the activist investor expands its ... …

Q4 Global Oil Market Deficit Offset By Export Ramp From The Big 5  Seeking AlphaIf it wasn't for the Saudi/UAE export ramp, the global oil market balance in Q4 2018 would have been over -1 mb/d. Market participants are overlooking just how. Read …

Fracking's Secret Problem—Oil Wells Aren't Producing as Much as Forecast  The Wall Street JournalA data analysis of about 16000 locations operated by 29 of the biggest producers in Texas and North Dakota reveals that many are yielding less than t …

Why These Upstream Big Fishes Outperformed Peers Last Week  Market RealistBetween December 7 and 14, EQT Corp (EQT) gained the most on our list of upstream energy stocks. However, the SPDR S&P Oil & Gas Exploration ... Read more https://marketre …

ReutersUS oil service firms face tough quarter despite high crude pricesReutersHOUSTON (Reuters) - Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will reflect a shaky recovery, …

INTERVIEW-Petrobras to boost oil output in 2019, cut debt $10 bln - CFOReutersNEW YORK, Sept 17 (Reuters) - Brazil's state-run oil giant Petróleo Brasileiro SA aims to raise output as much as 10 percent to around 2.3 million barrels per day (bpd) in 20 …

ReutersConocoPhillips profit beats expectations on rising oil prices, cost cutsReutersHOUSTON (Reuters) - U.S. oil producer ConocoPhillips (COP.N) posted a bigger-than-expected quarterly profit on Thursday, on rising crude prices CLc1 and cost cuts. FILE P …

ReutersConocoPhillips profit tops estimates on rising oil prices, cost cutsReutersDoug Terreson, an oil industry analyst with Evercore ISI, said the results reflected a “positive surprise” and were an indication that energy companies can generate healthy p …