Reuters

BAGHDAD, Nov 20 (Reuters) - BP and Eni are among companies that have expressed an interest in developing the giant Majnoon oilfield which Royal Dutch Shell plans to leave next year, Iraqi oil officials said on Monday.



Reuters

LOS ANGELES, Nov 20 (Reuters) - Oil prices fell 0.8 percent on Monday, extending recent weakness ahead of next week's OPEC meeting, while a rally in the dollar hurt commodities across the board.



Siemens to Cut Almost 7,000 Jobs Worldwide
Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).



Guyana-Suriname Basin Emerges as a Hotbed of Oil, Gas Exploration
Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.

Offshore Guyana-Suriname might have one of the largest untapped oil and gas reserves in South America, as roughly a dozen companies hope to repeat Exxon Mobil Corp.



Reuters

LONDON/FRANKFURT, Nov 17 (Reuters) - German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, three banking sources said.



The Norwegian Petroleum Directorate (NPD) has granted consent for the start-up of oil rig flanges gulf coast production from the Maria field in the Norwegian Sea.



Reuters

NEW YORK, Nov 17 (Reuters) - Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S.



Norway's Oil Sell-Off Plan Is 'Shot Heard Around the World'
Norway's proposal to sell off $35B in oil and natural gas stocks brings sudden and unparalleled heft to a once-grassroots movement to enlist investors in the fight against climate change.



Reuters

BEIJING, Nov 16 (Reuters) - Chinese oil refiners are churning out record amounts of fuel in the last quarter of 2017, looking to cash in on the best refining profits in nearly two years after a rally in diesel and gasoline prices.



Djibouti Signs Preliminary Deal With China's POLY-GCL For $4B Gas Project
China's POLY-GCL Petroleum Group Holdings Ltd signs a memorandum of understanding (MoU) to invest $4 billion in a natural gas project in the tiny Horn of African nation of Djibouti.

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