Oil Majors See Roaring Profits During 3Q
Oil companies saw soaring profits during 3Q as they emerge worst-in-a-generation crude slump.

(Bloomberg) -- Oil companies saw soaring profits during the third quarter as they emerge worst-in-a-generation crude slump.



Total May Source LNG from Louisiana and Baja Projects
Sempra and Total have signed an MOU that could boost the companies' North American LNG collaboration.

Sempra Energy and Total S.A. have signed a memorandum of understanding (MOU) that sets up the framework for the companies to cooperate in developing liquefied natural gas (LNG) gulf coast oil rig export projects in the United States and Mexico, Sempra reported Monday.



Israel Launches 2nd Offshore Bid Round
Israel announces the launch of its 2nd offshore bid round.

Israel announced the launch of its second offshore bid round on Sunday November 4.



ADNOC to Boost Oil Production to 4 MMbpd by 2020
The state-owned oil BOP Blow Out Preventer repair company gulf coast is implementing a new gas strategy to increase oil rig flanges gulf coast production and plans to invest $132 billion in the next five years.



Brent Crude, Natural Gas Post Gains
Crude oil futures posted mixed results Monday.

Crude oil futures posted mixed results Monday.

The December West Texas Intermediate (WTI) crude oil price slipped by four cents Monday to settle at $63.10 a barrel.



Halliburton Expects Permian Bottlenecks Gone By End of 2019
Halliburton expects bottlenecks in America's busiest oil field to be relieved by the end of next year.

(Bloomberg) -- Halliburton Co. expects bottlenecks in America’s busiest oil field to be relieved by the end of next year.



Oil Set for Worst Week Since February
Oil's set for the biggest weekly loss since February.

(Bloomberg) -- Oil’s set for the biggest weekly loss since February as fears over a supply disruption eased as the U.S.



Sunday Midnight Will Mark Dividing Line in Oil World
Beyond that point, anyone unloading a tanker from Iran risks the full wrath of the U.S. government.

(Bloomberg) -- Midnight on Sunday will mark a dividing line in the world of oil.



ExxonMobil and Chevron Report Strongest 3Q Results in 4 Years
ExxonMobil and Chevron deliver their strongest third-quarter results in four years, capping a week in which Big Oil enjoyed profits not seen since the days of $100 crude.



$10B LNG Facility Starts Commissioning Phase
Cameron LNG has begun the commissioning process for the support facilities and first liquefaction train of Phase 1 of its liquefaction-export project in Hackberry, La.

  1. Leviathan Project 67% Complete | Gulf Coast Oil Rig Equipment & Repair
  2. Crude Oil Down Six-plus Percent for Week | Gulf Coast Oil Rig Equipment & Repair
  3. US Drops Oil Rigs for First Time in Four Weeks | Gulf Coast Oil Rig Equipment & Repair
  4. Oil Extends Losses Near $65 | Gulf Coast Oil Rig Equipment & Repair
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