(Bloomberg) -- Russia has begun discussions with Exxon Mobil Corp.
Horse Hill Developments (HHDL), a UK Oil & Gas plc (UKOG) subsidiary, considers the Portland oil field to be commercially viable, UKOG has revealed.
ThaiOil, a unit of the Petroleum Authority of Thailand (PTT) Public Co.
Freeport-McMoRan (FCX) has hired a Rowan jackup for a one-well contract in the U.S.
The West Texas Intermediate (WTI) and Brent futures prices finished the day higher Friday but ended the week lower, representing the second consecutive down week for the crude oil benchmarks.
U.S. drillers added four rigs this week, bringing the nation’s oil rig count to 873 – an increase of 137 oil rigs from one year ago – according to weekly data compiled by Baker Hughes, a GE Company.
U.S. and Saudi Arabia tensions warrant the oil market’s attention, but there is no cause for alarm – yet.
JupiterMLP, LLC anticipates a November open season for capacity on the 1 million barrel per day (MMbpd) crude oil pipeline it plans to build from the Permian Basin to Brownsville, Texas, the privately held midstream BOP Blow Out Preventer repair company gulf coast announced Wednesday afternoon.
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