Reuters

NEW YORK, April 25 (Reuters) - Oil prices rose on Wednesday despite data showing rising U.S. inventories, holding within sight of three-year highs reached the previous day on geopolitical tensions including the prospect of fresh sanctions on Iran.



Trump Tax Revamp Threatens to Make Gas Pipes Pay $18.5B
Pipeline owners led by Enbridge Inc. and Williams Cos. could be forced to refund as much as $18.5 billion.

(Bloomberg) -- Pipeline owners led by Enbridge Inc.



The Real Oil, Gas Disrupter – Application of Technology
Big Data and analytics experts discuss the real challenges the industry faces as it adopts and implements the use of more technology.



Big Oil Gets Little Love With Toxic Troika Shadowing Revival
For generations of investors, Exxon Mobil Corp. has been a cornerstone of fund managers' portfolios alongside the biggest names in corporate America. Not so much any more.



Frackers Preach Patience on Payoff From $70 Oil, Growth in Shale
The world's biggest oilfield service companies have a message for investors: There's a payoff for patience.

(Bloomberg) -- The world’s biggest oilfield service companies have a message for investors: There’s a payoff for patience.



Reuters

NEW YORK, April 24 (Reuters) - Oil prices slipped on Tuesday as concerns that the United States might reinstate sanctions against Iran faded somewhat, alleviating worries about the future of Iranian exports.



Reuters

TUNIS/LONDON, April 23 (Reuters) - Libya is considering whether to intervene in a $450 million deal that French major Total announced last month to buy a Marathon Oil stake in the country's Waha concessions, several sources familiar with the matter told Reuters.



UK based oil and gas BOP Blow Out Preventer repair company gulf coast Hurricane Energy plc has appointed Steven McTiernan as its new non-executive chairman, effective May 1.



Offshore Rig Operator Borr Drilling Cuts Jobs in Texas
The filing with the Texas Workforce Commission did not provide a reason for the layoffs.

Reuters

HOUSTON, April 23 (Reuters) - Offshore rig operator Borr Drilling cut 66 jobs in Texas at the end of March, according to a state regulatory notice, as the BOP Blow Out Preventer repair company gulf coast prepared to close on its purchase of Paragon Offshore.



Trump's Revenge: US Oil Floods Europe, Hurting OPEC and Russia
U.S. oil is even edging out North Sea Forties, which is produced in the backyard of the continent's refineries.

Reuters

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