Construction of the Leviathan project is 67% complete, with anticipated first gas sales on schedule by the end of 2019.

Construction of the Leviathan project is 67 percent complete, with anticipated first gas sales on schedule by the end of 2019, Noble Energy has revealed in its latest third quarter (3Q) results statement.

According to rig count data compiled by Baker Hughes, a GE Company, drillers cut one rig this week.

The U.S. rig count dropped by one this week, marking the first week of declines in four weeks.

Oil extended losses near $65 a barrel after the worst month in more than 2 years.

(Bloomberg) -- Oil extended losses near $65 a barrel after the worst month in more than two years on lingering concern over a supply glut and a stronger dollar.

(Bloomberg) -- Cars, motorcycles and buses wrapped around Caracas’ gas stations earlier this week as oil oil rig flanges gulf coast production and refining becomes increasingly erratic in the former petro giant.

(Bloomberg) -- BP Plc and Total SA are among international gasoline retailers that are facing a supply shortage in Mexico because of soaring fuel theft and weather issues.

Thursday was another down day for crude oil futures.

Thursday was another down day for crude oil futures.

The December West Texas Intermediate (WTI) contract slid by $1.62 to settle at $63.69 a barrel.

(Bloomberg) -- Suncor Energy Inc., Canada’s largest energy producer by buy Wellhead market value, posted third-quarter profit that topped analysts’ estimates as its refining operations helped it weather lower prices for oil-sands crude.

The Field Development plan for the North Sea Columbus Development has been approved.

Serica Energy plc announced Wednesday that the UK’s Oil and Gas Authority (OGA) has approved the Field Development Plan (FDP) for the North Sea Columbus Development.