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North Sea union holds fifth day of strikes at Total oil, natural gas platformsS&P Global PlattsThe fields together produce around 70,000 b/d of oil and the main gas producing hub, Elgin-Franklin, produces around 350 MMcf/d. The oil contributes to the UK&#3
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Express.co.ukVenezuela hyperinflation CRISIS: Desperate reforms likely to spark huge oil price increaseExpress.co.ukThe South American country is in steep decline, with oil output dropping below the 1947 levels of 1.3 million barrels per day. According to
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ReutersOil prices pause as traders eye Iran, ChinaMarketWatchOil futures churned around the even mark on Monday as investors assessed their next move, after emerging-market and Chinese demand worries rippled through the market last week and handed oil pric
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BloombergOil Steadies After Longest Run of Weekly Losses in Three YearsBloomberg“The news backdrop on the oil market currently points in no clear direction,” said Carsten Fritsch, an analyst at Commerzbank AG in Frankfurt. While the trade dispute and fears
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Shell shuts Trans Ramos pipeline feeding into Nigeria's Forcados oil terminalS&P Global Platts"The Shell Petroleum Development Company of Nigeria Limited...has recovered over 95% of spilled oil from the recent spill incidents on sections of the Tr
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Crude oil futures drop amid supply concerns, US rig data limits fallS&P Global PlattsUncertainty surrounds the impact of US sanctions on countries importing oil from Iran, as discussions around possible waivers continue to circulate the market. South Korea
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Business InsiderReversing decades of US policy, the Trump administration says conserving oil is no longer an economic imperativeBusiness InsiderWASHINGTON (AP) — Conserving oil is no longer an economic imperative for the US, the Trump administration declar
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Financial TimesSaipem's robots set to cap undersea oil blowoutsFinancial TimesItalian oil and gas services company Saipem has developed a new undersea system capable of remotely capping oil well blowouts in shallow water as part of an industry-wide pus
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BloombergLosing Lofoten Would Imperil Norway's Arctic Push, Oil Boss Warns ...BloombergBacking down on drilling off Norway's Lofoten islands could also threaten the search for 16 billion barrels of oil and gas that lies beneath the Barents Sea, the
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BloombergOil Prices Are Down. Nobody Told the Gas PumpsBloombergRecovering oil prices and weaker emerging-market currencies have combined to hit consumers' pockets. The result could be a significant slowdown in the very countries expected to be the pow
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