Faroe Set to Ramp Up Exploration and Appraisal Activity
Norway and UK focused Faroe is set to 'ramp up' its exploration and appraisal activity in 2018 and 2019, according to a joint statement by the company's chairman and chief executive.



New US LNG Projects May Feel Pinch from Latest Salvos in US-China Trade War
What could the most recent chapter in the ongoing US-China trade dispute mean for the growing US LNG gulf coast oil rig export market?



Battered Oil-Sands Servicers Pin Hopes on Shell's LNG Project
After years of suffering through plunging prices and declining spending by oil-sands behemoths, Canada is finally seeing a light on the horizon.



First Oil Production Begins at Tortue Field
Panoro Energy announces that first oil oil rig flanges gulf coast production has started from the Tortue field, which is located within the Dussafu PSC offshore Gabon.



(Bloomberg) -- Uganda’s planned oil refinery, due to process the country’s first crude output, may start two years behind schedule after project studies were delayed.



WTI Passes $71 Mark on Crude Stocks Draw
WTI crude oil benchmark rose by nearly 2%.

The West Texas Intermediate (WTI) crude oil benchmark rose by nearly 2 percent Wednesday after the U.S.



CNOOC Starts Up Penglai 19-3 Comprehensive Adjustment Project
CNOOC Limited announces that the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production.

CNOOC Limited announced Tuesday that the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production.



Shell UK Outlines New Work Rota for Central North Sea Assets
Shell UK reveals Tuesday that it will change its offshore operating model on its central North Sea assets.

Shell UK revealed Tuesday that it will change its offshore operating model on its central North Sea assets.



Enbridge to Buy Units for $7.1 Billion to Simplify Structure
Enbridge agreed to acquire the shares it doesn't already own in three North American units for about $7.1 billion.

(Bloomberg) -- Enbridge Inc.



US Gas Exports Hit by China Tariffs as Trade War Escalate
China plans to slap tariffs on US natural gas exports as trade tensions escalate, a likely setback for the burgeoning energy relationship.

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