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Brent Crude Eases after Surprise Rise in U.S. Inventories

Jan 24, 2018

U.S. crude, gasoline inventories climb as traders take put options to sell crude. Brent oil prices eased on Wednesday, under pressure from a rise in U.S. crude and gasoline inventories although crude prices remained near three-year highs…

Argentina, Russia Ink Uranium Exploration, Production Deal

Jan 23, 2018

Argentina and Russia signed a memorandum of understanding to boost uranium exploration and production in the South American country that could include $250 million in investment, Argentina's foreign ministry said on Tuesday.The agreement…

Gail India Seeks to Shed 24 U.S. LNG Cargoes

Jan 23, 2018

Gail India launches tender to sell 24 liquefied natural gas (LNG) cargoes from the Cove Point export facility in the United States in 2019-2020, according to trade sources. The tender is split into three tranches, with the first tranche offering six cargoes in the first half of 2019…

Oil Edges Lower as Libyan Output Undermines 2018 Rally

Jan 22, 2018

Restarting Libyan oilfield puts brake on rally. Oil slipped on Monday under pressure from rising Libyan output and concerns that a rally that had sent prices to their highest since December 2014 had run out of steam. But losses were…

EU to Hit Venezuelan Officials with Sanctions

Jan 17, 2018

Seven senior Venezuelan officials are likely to face European Union sanctions from next week, including the country's powerful chief justice, diplomats said, as the EU seeks to pressure President Nicolas Maduro to resolve a political crisis…

Current News

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ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

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Mermaid Maritime Expands Into US Offshore Market

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ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

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