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Shale Oil & Gas News

 

Oil Rises as Korea Talks Boost Confidence

Mar 06, 2018

IEA sees strong global oil demand growth to 2023. Oil rose on Tuesday, paring earlier losses after South Korea said it would hold a summit with North Korea for the first time in more than a decade, which investors took as a cue to sell the U…

Oil Falls as U.S. Shale Growth Gathers Pace

Mar 05, 2018

IEA sees U.S. gaining market share from OPEC, predicts robust oil demand in next 5 years. Oil prices edged lower towards $64 per barrel on Monday on predictions of a major spike in U.S. oil output in the next five years. International benchmark Brent crude was down 8 cents…

Saudi Arabia to Restrain March Oil Exports

Feb 14, 2018

Saudi says to keep exports below 7 million bpd in March; OPEC's Barkindo says 2018 oil demand growth to be healthy. Saudi Arabia will restrain its oil exports in March despite lower domestic need for crude as OPEC's leader is pushing to…

Current News

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Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

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Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

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Petrovietnam Agrees First-Ever LNG Term Deal with Shell

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ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

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Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

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Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

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