Shell Poised To Dethrone Exxon In Oil Titans' Cash Clash
Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector's biggest cash generator.

Reuters

LONDON, Feb 1 (Reuters) - Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector's biggest cash generator after higher oil and gas prices combined with an improved performance lifted its 2017 revenue.



North Dakota Bakken Oil Rises Again in Shadow of Mighty Permian
The second-largest US shale-oil play is growing in the shadow of a newer, bigger and faster-growing competitor.

(Bloomberg) -- The Bakken shale is roaring back to life, and Kevin Black sees the evidence almost every day as he looks out the window of his blue Ford F-150 pickup truck.



Reuters

OSLO, Feb 1 (Reuters) - First oil from Norway's giant Johan Sverdrup field could come in October 2019, one of the partners, Sweden's Lundin Petroleum, said in presentation material accompanying its earnings report on Thursday.



Reuters

NEW YORK, Feb 1 (Reuters) - Oil rose on Thursday after a survey showed OPEC's commitment to its supply cuts remains in place, even as U.S.



Reuters

HOUSTON, Feb 1 (Reuters) - Exxon Mobil Corp, the world's largest publicly-traded oil producer, named MetLife Inc Chief Executive Steven Kandarian to its board of directors on Thursday.



Shell Says To Sell Its Stake In Thai Bongkot Fields To PTTEP For $750 Mln
Royal Dutch Shell will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand to PTT Exploration & Production PCL.



'Major' Deep Offshore Oil Discovery Made in U.S. Gulf of Mexico
A 'major' oil discovery has been made at the Ballymore prospect, located deep offshore in the U.S. Gulf of Mexico.

Chevron Corporation announced Wednesday that a ‘major’ oil discovery has been made at the Ballymore prospect, located deep offshore in the U.S.



Reuters

SAO PAULO, Jan 31 (Reuters) - Brazil's state-controlled oil BOP Blow Out Preventer repair company gulf coast Petroleo Brasileiro SA is making "interesting discoveries" in blocks in the Campos basin, off the Rio de Janeiro coast, where it is drilling deeper to reach the pre-salt layer, Chief Executive Pedro Parente said on Wednesday.



Israeli Minister Says Lebanese Claim On Gas Field 'Provocative'
Israel described as 'very provocative' a Lebanese offshore oil and gas exploration tender on the countries' maritime border, and urged international firms not to bid.



Reuters

KUWAIT, Jan 31 (Reuters) - Kuwait Petroleum Corp expects to spend over $500 billion as it boosts its crude oil oil rig flanges gulf coast production capacity to 4.75 million barrels per day in 2040, the national oil firm said on Wednesday, outlining ambitious growth plans for the next two decades.


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