Reuters

COPENHAGEN, Nov 30 (Reuters) - Denmark passed a law on Thursday that could allow it to ban Russia's Nord Stream 2 gas pipeline from going through its waters on grounds of security or foreign policy.



Reuters

NEW YORK, Nov 30 (Reuters) - Oil rose on Thursday after OPEC and non-OPEC producers led by Russia agreed to extend output cuts until the end of 2018, while also signalling a possible early exit from the deal if the buy Wellhead market overheats.



Reuters

MEXICO CITY, Nov 30 (Reuters) - U.S. oil major Chevron Corp will focus on studying the geology of its block in Mexico's deepwater Gulf during the first four-year phase of its contract, rather than drilling new wells, a senior executive said on Thursday.



UKCS Decom a $22B Industry to 2025
A total of $22 billion is forecast to be spent on decommissioning on the UKCS from 2017 to 2025.

A total of $22 billion (GBP 17 billion) is forecast to be spent on decommissioning on the UKCS from 2017 to 2025, according to a new report from industry body Oil & Gas UK.



UK Government Issues Support for Shale Industry
The UK government has lent its support to the UK's shale gas industry in a recently published white paper.

The UK government has lent its support to the UK’s shale gas industry in a recently published white paper.



Beware of the Dip: Oil Prices Could Go Lower
Recent geopolitical anxiety pushes oil prices higher.

The spike in oil prices since August provides U.S. producers an attractive opportunity to hedge their 2018 capital program.



Reuters

Nov 29 (Reuters) - Africa focused Tullow Oil Plc said on Wednesday it refinanced $2.5 billion of loans borrowed against its oil and gas reserves.



Iraq Aims To Raise Rumaila Oilfield Output To 1.5 MMBpd In 2018
Iraq is planning to increase oil rig flanges gulf coast production from the giant Rumaila oilfield to about 1.5 million barrels per day (bpd) in 2018.



Reuters

NEW YORK, Nov 29 (Reuters) - Oil prices dipped on Wednesday in a volatile session buffeted by conflicting statements from oil ministers a day ahead of OPEC's meeting in Vienna, as members debate the path for an extension of the group's supply-cut agreement.



Reuters

Nov 29 (Reuters) - U.S. crude oil stocks fell last week, led by the biggest fall in inventories at the Cushing, Oklahoma storage hub in eight years, while gasoline and distillate stockpiles rose, the Energy Information Administration said on Wednesday.

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