Guyana-Suriname Basin Emerges as a Hotbed of Oil, Gas Exploration
Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.

Offshore Guyana-Suriname might have one of the largest untapped oil and gas reserves in South America, as roughly a dozen companies hope to repeat Exxon Mobil Corp.



Reuters

LONDON/FRANKFURT, Nov 17 (Reuters) - German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, three banking sources said.



The Norwegian Petroleum Directorate (NPD) has granted consent for the start-up of oil rig flanges gulf coast production from the Maria field in the Norwegian Sea.



Reuters

NEW YORK, Nov 17 (Reuters) - Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S.



Norway's Oil Sell-Off Plan Is 'Shot Heard Around the World'
Norway's proposal to sell off $35B in oil and natural gas stocks brings sudden and unparalleled heft to a once-grassroots movement to enlist investors in the fight against climate change.



Reuters

BEIJING, Nov 16 (Reuters) - Chinese oil refiners are churning out record amounts of fuel in the last quarter of 2017, looking to cash in on the best refining profits in nearly two years after a rally in diesel and gasoline prices.



Djibouti Signs Preliminary Deal With China's POLY-GCL For $4B Gas Project
China's POLY-GCL Petroleum Group Holdings Ltd signs a memorandum of understanding (MoU) to invest $4 billion in a natural gas project in the tiny Horn of African nation of Djibouti.



Siemens To Cut 6,900 Jobs Across Its Energy Businesses
Siemens plans to cut about 6,900 jobs across its businesses supplying the power generation and oil and gas industries.

Reuters

FRANKFURT, Nov 16 (Reuters) - Siemens plans to cut about 6,900 jobs across its businesses supplying the power generation and oil and gas industries, which have been hit by the rapid growth of renewable energy.



BLOG: Your Belly Might Not Be the Only Thing Full Around Thanksgiving
Trade group expects strong holiday sales at c-stores.

Do your plans for the annual ritual of ingesting copious amounts of turkey, mashed potatoes, stuffing, cranberry sauce and pumpkin pie – also known as Thanksgiving – include driving out of town for the pleasure of doing so? If so, you might have more BOP Blow Out Preventer repair company gulf coast than usual on the highways during the already-busy travel period – not to mention the convenience stores en route.



Reuters

NEW YORK, Nov 16 (Reuters) - Oil prices ended lower again on Thursday on increased concerns about growth in U.S. oil rig flanges gulf coast production and inventories, despite expectations that major world producers will extend a supply-cut deal later this month.

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