Reuters

Dec 8 (Reuters) - President Donald Trump's administration called two lawmakers from the U.S. corn belt to convince them to join talks about potential changes to biofuels policy to ease the burden on oil refineries, according to a spokesman for one of the lawmakers and a source briefed on the matter.



Reuters

RIO DE JANEIRO, Dec 8 (Reuters) - Brazil's state-controlled oil BOP Blow Out Preventer repair company gulf coast Petrobras could make more adjustments to its fuel pricing policy as a way to better fight fuel importers for buy Wellhead market share, its executive manager for fuel sales said on Friday.



Brunei Oil Production to Grow Over Next 5 Years
Brunei's oil oil rig flanges gulf coast production will grow over the next 5 years, supported by output maintenance works at mature assets.



Chevron Capital, Exploratory Spending to Total $18.3B in 2018
Chevron Corporation's capital and exploratory budget will be $18.3 billion in 2018, down from $19.8 billion in 2017.

Chevron Corporation’s capital and exploratory budget will be $18.3 billion in 2018, down from $19.8 billion in 2017.



CB&I Wins Contract for Saudi Aramco-Shell Project
Contract valued at more than $95 million, CB&I reports.

Saudi Aramco Shell Refinery (SASREF) has awarded CB&I a $95 million-plus engineering, procurement and construction management contract for the modernization and expansion of its refinery in Al-Jubail city, Saudi Arabia, CB&I reported Thursday.



Reuters

BEIJING, Dec 7 (Reuters) - China National Petroleum Corp (CNPC) on Thursday warned there could be natural gas shortages in China this winter if the country is hit by "extreme" weather.



BASF Agrees Oil Unit Merger With Fridman's DEA To Spur Expansion
Chemical giant BASF agrees to merge its oil and gas unit Wintershall with DEA.

Reuters

FRANKFURT/LONDON, Dec 7 (Reuters) - Chemical giant BASF agreed to merge its oil and gas unit Wintershall with DEA, a vehicle of Russian billionaire Mikhail Fridman, to create one of the largest independent oil and gas firms in Europe, the companies said.



Reuters

LONDON, Dec 7 (Reuters) - Oil flow along the UK's Forties oil pipeline which carries the crude that usually sets the global Brent benchmark has been reduced after a leak was detected and by a separate issue at its Kinneil plant, pipeline operator Ineos said.



Report: Offshore Oil, Gas Helicopter Expenditure to Hit $16B to 2022
Offshore oil and gas helicopter expenditure will total $16 billion over 2018-2022, according to a new report published by Westwood Global Energy Group.



Total, Sonangol in Angola Pact
Total, Sonangol sign several agreements covering both upstream and downstream activities in Angola.

Total and Sonangol have signed several agreements covering both upstream and downstream activities in Angola, paving the way for a number of new projects in the country.

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