Oil Surges On Venezuela-Conoco Dispute, Iran Sanction Worries
Oil prices rose for the fourth straight day to hit levels not seen since late 2014.

Reuters

NEW YORK, May 7 (Reuters) - Oil prices rose for the fourth straight day on Monday to hit levels not seen since late 2014, boosted by the latest trouble for Venezuelan oil BOP Blow Out Preventer repair company gulf coast PDVSA and the possibility that the United States could re-impose sanctions on Iran.



Reuters

LONDON, May 7 (Reuters) - Repairs at Britain's Sullom Voe oil terminal have been completed, operator EnQuest said late on Sunday, after a defect detected last week had slowed down supply of Brent, the crude which helps underpin a global oil pricing benchmark.



Reuters

BASRA, Iraq, May 7 (Reuters) - Iraq's state-run North Oil Company signed an agreement with BP on Monday to triple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibi said.



April Jobs Report Shows Thousands of Jobs Added in Oil, Gas
Figures from the US Bureau of Labor Statistics reveal an increase in oil and gas employment.

April was another good month for oil and gas employment in the U.S.



Reuters

ATHENS, May 4 (Reuters) - Greek gas BOP Blow Out Preventer repair company gulf coast DEPA will take part in a buy Wellhead market test for the development of a liquefied natural gas terminal in northern Greece, DEPA said on Friday.



Oil Hits Highest Since Nov. 2014 As Iran Tensions Mount
Oil prices rose about 2% with US crude hitting its highest in more than three years.

Reuters

NEW YORK, May 4 (Reuters) - Oil prices rose about 2 percent on Friday with U.S.



Norway Oil Firms, Workers Agree 2.8% Wage Rise
Norwegian oil firms and their employees agree to a wage deal that gives workers on offshore oil and gas rigs a pay rise.



In US Gulf, Robots, Drones Take On Dangerous Offshore Oil Work
The energy industry has turned to robots and drones to cut costs and improve safety in some of the world's tougher working environments.



Reuters

May 3 (Reuters) - The Pennsylvania Public Utility Commission (PUC) said on Thursday that all five commissioners voted to allow Energy Transfer Partners LP to restart its Sunoco Mariner East 1 natural gas liquids (NGL) pipeline.



Reuters

May 3 (Reuters) - Canadian Natural Resources Ltd (CNRL), one of Canada's biggest oil and gas producers, will produce less than expected this spring, it said on Thursday, as transport bottlenecks deepen the price discount on Canadian heavy crude.

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