Carlsbad Current-ArgusNew Mexico third in nation for oil productionCarlsbad Current-ArgusThe Permian Basin, located in southeast New Mexico and West Texas is one of the country's “most productive” oil provinces in the nation, read a release from the EI …

Quest for new oil discoveries still on back burnerCNBCDespite the strongest start for oil prices in four years, the world's top oil companies are hesitating to accelerate the search for new resources as a determination to retain capital discipline trum …

CNBCOil companies still hesitant over oil exploration - CNBC.comCNBCDespite the strongest start for oil prices in four years, the world's top oil companies are hesitating to accelerate the search for new resources as a determination to retain capital d …

CNBCBig oil urges OPEC to extend output cuts beyond March 2018CNBCMajor oil CEOs called on OPEC to extend output cuts beyond March next year on Friday, arguing "huge volatility" in the energy market meant it would be imperative for the cartel to …

CNBCIt will take time for oil markets to rebalance, Total's boss saysCNBCOil markets are rebalancing but the process will take time, the chairman and chief executive of oil giant Total told a London conference Wednesday. "When you have three of fo …

Financial TimesImagine . . . higher oil pricesFinancial TimesJohn Lennon's words have inspired millions since he recorded Imagine back in 1971, so it was no great surprise last week to hear Mohammad Barkindo, secretary-general of Opec, expressing a sim …

Los Angeles TimesFirefighters extinguish blaze at large Chevron oil refinery in CaliforniaFinancial TimesA blaze at an oil refinery operated by Chevron that is an important source of gasoline and jet fuel in southern California has been extinguished. Local …

VanguardOil price rises towards $59VanguardOil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Brent crude futures, the international benchmark for oil prices, were …

Mexico Locks In $46 Per Barrel In 2018 Oil HedgeOilPrice.com (blog)Mexico has locked in an average export price of US$46 per barrel of crude oil for 2018 in its annual oil hedge, which is closely watched as the biggest in the world. In an interview with Bl …

Oil minister says Trump should let US oil firms into IranABC NewsHe added: "We have not closed doors" to American companies. Trump last week refused to re-certify Iran's compliance with the nuclear deal with world powers, and criticized Europ …