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Stay up to date with the latest updates from the global oil and gas industry.

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All-time low spare capacity could send oil to $150
16 August, 2018
While the oil market and analysts are trying to guesstimate how much...
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Editor's Choice

Delays in Mexico cap record US natural gas pipeline exports
Tuesday, August 14, 2018 by The United States is sending, via pipelines, record volumes of natural gas to Mexico. Although US pipeline capacity to Mexico and production and exports have jumped in recent...

Why is big oil so excited about Alaskan crude?
Monday, August 13, 2018 by In an unprecedented move, Alaska officials recently published huge quantities of oil exploration data in an attempt to attract the attention of drilling companies to the state’s...

Shell sees gas as answer in Nigeria after decades of oil strife
Thursday, August 09, 2018 by After decades of difficulties in Nigeria over crude theft, pollution and oil-related corruption, Royal Dutch Shell still feels optimistic a fossil fuel can improve life in the country.

$90 oil is a very real possibility
Wednesday, August 08, 2018 by US sanctions on Iran could push oil prices up to $90 per barrel later this year.

Opec To Rule Oil Markets Till Peak Demand
Wednesday, July 18, 2018 by Opec will continue to play a key role in oil supply and prices in the global oil market through 2040, despite the relentless oil production in the Permian and expectations for...

Trump is fracturing OPEC
Thursday, July 05, 2018 by Trump’s tweet over the weekend that Saudi Arabia agreed to add two million barrels a day (mb/d) of supply confused the oil markets, pushing prices down a bit on Monday.

The first explosion-proof (ATEX) truck with lithium battery technology
Friday, May 18, 2018 by The first Atex-certified lithium battery powered BYD truck featuring Miretti Group explosion-proof technology.

Eddyfi Technologies confirms the acquisition of M2M
Wednesday, May 16, 2018 by As a world leader in advanced non-destructive testing (NDT) inspection technologies, Eddyfi Technologies is thrilled to confirm the acquisition of M2M, a renowned developer...

$100 oil is back on the table
Thursday, April 19, 2018 by Oil prices will rise to $100 per barrel if Saudi Arabia gets its way.

Oxifree Global unveils new Polymelt 50 applicator for use with TM198
Thursday, April 19, 2018 by In today’s challenging environments there is one constant and that is change. Modern organisations need to find a better way to do things with the commitment to improvement starting...

Oil basins offshore Brazil among best prospects in the world
Tuesday, April 03, 2018 by The oil basins off the coast of Brazil are among the best prospects in the world, German energy company Wintershall said after the latest auction.

Apache makes another North Sea oil discovery
Wednesday, March 28, 2018 by US-based Apache made a ten million-barrel light oil discovery in the North Sea on Friday, according to a new press release.

Statoil invests in offshore digital technology
Tuesday, March 13, 2018 by An integrated operations support centre and a drilling operations centre will help reach Statoil’s ambition of increasing value creation from operated fields in Norway by more than...

AOM plant obtains FSSC 22000 certification
Monday, March 05, 2018 by Advanced Organic Materials (AOM), leading producer of specialty Natural Tocopherols, Vitamin E and Plant Sterols, has obtained Food Safety System Certification, FSSC 22000.

Aker BP strikes oil near Alvheim in the North Sea
Monday, March 05, 2018 by Aker BP is about to complete drilling of the Frosk exploration well 24/9-12 located near Alvheim in the North Sea. The well has proved oil.

OPEC-Russia deal could extend until H1 2019
Thursday, March 01, 2018 by Gazprom Neft – the Russian oil company that has publicly expressed frustration with the OPEC-Russian deal to curtail oil supply – does not rule out that the joint cooperation pact...

Crashing cushing inventories boost oil prices
Monday, February 26, 2018 by Oil prices jumped on Thursday after the EIA reported a surprise drawdown in crude oil inventories, ending several consecutive weeks of inventory builds.

Oil prices: collapse now, spike later
Monday, February 12, 2018 by Oil prices closed out the week sharply down, wiping out all the gains posted since the start of the year.

OPEC-Russia deal could extend until H1 2019
Friday, February 09, 2018 by Gazprom Neft — the Russian oil company that has publicly expressed frustration with the OPEC-Russian deal to curtail oil supply — does not rule out that the joint cooperation pact...

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