Investors are about to find out whether the world's largest oil companies have learned their lesson from $80B of cost blowouts in major projects during the era of $100 crude.
Canadian heavy oil producers are facing a new barrier to marketing their crude.
(Bloomberg) -- As if pipeline bottlenecks weren’t enough, Canadian heavy oil producers are facing a new barrier to marketing their crude.
A stronger US Dollar and a weakening Turkish lira factored into the oil market's performance on Tuesday.
A stronger U.S. Dollar and a weakening Turkish lira factored into the oil market’s performance on Tuesday.
Diamondback Energy says it will buy Energen Corp in an all-stock deal valued at $9.2 billion.
Aug 14 (Reuters) - U.S.
Oil drops as economic turbulence in Turkey and the strengthening greenback heightens concerns about global oil demand.
(Bloomberg) -- Oil dropped as economic turbulence in Turkey and the strengthening greenback heightened concerns about global oil demand.
OPEC forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a return of oversupply, had cut production.
An additional $6.4 million has been made available to the supply chain in Scotland 'to help maximize the economic benefit from the decommissioning of North Sea infrastructure'.
One of Iran's biggest oil customers is buying more U.S. crude.
(Bloomberg) -- One of Iran’s biggest oil customers is buying more U.S.
India's ministry of petroleum and natural gas will launch DSF Bid Round II on Thursday.
India’s ministry of petroleum and natural gas announced Wednesday that it will launch DSF Bid Round II on Thursday.
Venezuela's oil sector 'continues to unravel', according to oil and gas analysts at Fitch Solutions Macro Research.
Venezuela’s oil sector “continues to unravel”, according to oil and gas analysts at Fitch Solutions Macro Research.
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