Trump Imposes New Sanctions on Venezuela
President Donald Trump imposed further sanctions on Venezuela, freezing the government's assets in the U.S. and adding immigration restrictions in a move aimed at stepping up pressure on the regime of Nicolas Maduro.



It Pays to be Thin at Pemex
At Mexico's state-run oil company, skinnier waists mean bigger bonuses.

(Bloomberg) -- At Mexico’s state-run oil company, skinnier waists mean bigger bonuses.



Oil Drops as Demand Fears Dwarf Tanker Seizure
Oil resumed its decline as a sharp drop in the Chinese yuan compounded fears that a deepening trade war will depress demand.



Oil Prices Down Amid Ramped Up Trade War
A new twist in the ongoing US/China trade war placed downward pressure on WTI and Brent crude futures Monday.

A new twist in the ongoing trade war between the United States and China placed downward pressure on West Texas Intermediate (WTI) and Brent crude futures Monday.



Williams, GIP Reportedly Weighing Noble Midstream Bid
The Williams Companies Inc. is working with investment firm Global Infrastructure Partners on a possible offer for Noble Energy Inc.'s midstream unit, according to people with knowledge of the matter.



Texas Oil, Gas in Mild State of Contraction
Texas' upstream oil and gas economy is in a mild state of contraction, according to oil economist Karr Ingham.

Halfway through 2019, Texas’ upstream oil and gas economy is in a mild state of contraction, according to Karr Ingham, petroleum economist for the Texas Alliance of Energy Producers and creator of the Texas Petro Index (TPI).



Saipem Testing Underwater Drone
Saipem's Sonsub division is testing a new subsea robotics technology.

Saipem’s Sonsub division launched its “Hydrone-R” underwater intervention drone on July 1 to begin endurance and qualification tests, Saipem reported Friday.



Oil, Gas Extraction Jobs Decline in July
The U.S. saw a decline of jobs in both oil and gas extraction and support activities for mining.

Mining employment saw a decline of 5,000 jobs for the month of July, according to data released Friday from the U.S.



Oil Prices Rebound but Down for the Week
The WTI and Brent crude oil contracts on Friday regained some of the value that they lost the previous day.

The West Texas Intermediate (WTI) and Brent crude oil contracts on Friday regained some of the value that they lost the previous day.



Pipelines Add Room on Demand for Canada's Oil
U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them.

(Bloomberg) -- U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them.

  1. Keystone XL Inches Forward | Gulf Coast Oil Rig Equipment & Repair
  2. Russian Gasoline Makes Long Trek to Venezuela | Gulf Coast Oil Rig Equipment & Repair
  3. Crude Oil Futures Plummet | Gulf Coast Oil Rig Equipment & Repair
  4. Oxy and Ecopetrol Pair Up in the Permian | Gulf Coast Oil Rig Equipment & Repair

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