

March 6 (Reuters) - U.S. oil and natural gas producer Chevron Corp said it expects to increase its free cash flow this year onwards, putting it in a position to resume its share buyback program.
Exec: Statoil Has Room To Grow More In North Dakota's Bakken | Gulf Coast Oil Rig Equipment & Repair

HOUSTON, March 6 (Reuters) - Statoil ASA, the Norwegian state-controlled oil producer, has plenty of growth opportunities left in North Dakota's Bakken shale formation, an executive said on Tuesday.

(Bloomberg) -- Crude slipped after industry data showed U.S.

HOUSTON, March 6 (Reuters) - Mexico's state-run Pemex might bring partners into two heavy crude oilfields in the Gulf's shallow waters, the company's chief said on Tuesday, a move that could help ease a lack of heavy barrels in the Atlantic basin.
March 6 (Reuters) - Oil major Chevron Corp said on Tuesday it should be able to raise oil rig flanges gulf coast production as planned by between 4 and 7 percent in 2018 and buy back shares for the first time in at least three years even without a substantial rise in oil prices.

Total’s recent acquisition of Marathon Oil Libya Limited is a sign of gradual improvement in investor sentiment towards Libya, but a larger uptick in investment in the country is unlikely until more substantial political progress is made.



LONDON, March 5 (Reuters) - London-listed SOCO International said on Monday it had ended merger talks with Kuwait Energy <IPO-KEC.L> after failing to agree terms.

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