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March 26-28,2026

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Industry News
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22 2015-10

Crude oil declines as U.S. inventories grow most in six months

LONDON (Bloomberg) -- Oil fell after a government report showed U.S. crude inventories grew by the most in six months. West Texas Intermediate futures for December delivery declined below $4.........

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21 2015-10

Genel cuts 2015 oil output forecast on Iraq payment delays

LONDON (Bloomberg) -- Genel Energy Plc, an oil producer in Iraqi Kurdistan, reduced its output forecast for this year after suffering delays to payments for its exports. null Central process.........

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20 2015-10

Oil bulls maintain momentum as rig cutbacks seen reducing glut

NEW YORK (Bloomberg) -- Hedge funds increased bullish oil wagers on speculation that falling investment will diminish the global supply glut. Money managers boosted their net-long position i.........

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16 2015-10

Oil extends losses as U.S. crude supplies surge most since April

MARK SHENK WASHINGTON, D.C. (Bloomberg) -- Oil extended losses after the biggest U.S. crude stockpile increase in six months bolstered speculation a global surplus will persist. Inventories .........

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15 2015-10

Oil slide means ‘almost everything’ for sale as rout deepens

AARON CLARK and STEPHEN STAPCZYNSKI TOKYO (Bloomberg) -- More than $200 billion worth of oil and natural gas assets are for sale globally as companies come under renewed financial pressure f.........

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14 2015-10

Oil falls most in three weeks as OPEC crude production climbs

MARKSHENKandGRANTSMITH NEWYORK(Bloomberg)--OildroppedthemostinthreeweeksafterOPECreportedthatitsmemberspumpedthemostcrudeinthreeyears. TheOrganizationofPetroleumExportingCountriesproduced31..........

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13 2015-10

House votes to lift U.S. oil export restrictions

WASHINGTON -- The House of Representatives has voted in favor of lifting 40-year-old restrictions on exporting U.S crude oil. The vote was welcomed by industry groups and representatives, bu.........

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14 2015-09

GE, Statoil sign subsea exploration wellhead frame agreement

ABERDEEN, United Kingdom -- GE Oil Gas has been awarded a four-year framework agreement to provide wellhead equipment and associated services to Statoil with the option of two, two-year exte.........

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11 2015-09

Shale producers clobbered by oil rout face added Iran supply

NEW YORK (Bloomberg) -- Shale oil producers already awash in a supply glut face added crude as early as next year after an agreement to ease sanctions on Iran cleared a Senate obstacle. A Se.........

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10 2015-09

Citigroup sees U.S. oil output losing 500,000 bpd

NEW YORK (Bloomberg) -- A funding squeeze threatens to cut U.S. oil output by as much as half a million barrels a day by the end of the year, with shale producers among the worst affected, C.........

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09 2015-09

What investors need to know about Israel's natural gas market

TEL AVIV, Israel (Bloomberg) -- Israels parliament on Monday approved a framework to regulate its natural gas industry, eight days after the discovery of a field in Egyptian waters damped ex.........

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08 2015-09

Oil extends decline as Russia rules out deal with OPEC on output

LONDON(Bloomberg)--OildeclinedforaseconddayafteranotherRussianofficialruledoutcooperationonproductioncutswithOPEC,addingtosignsthataglobaloversupplywillpersist. Brentlostasmuchas4.3%inLondon.........

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07 2015-09

Oil industry slashes lobbying spending amid downturn

NEW YORK (Bloomberg Politics) -- As Americans preparing for Labor Day weekend trips enjoy low gas prices, they might not fail to appreciate another effect of the plummeting price of oil. It .........

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06 2015-09

Oil discovery in northern part of the North Sea

STAVANGER, Norway -- Statoil Petroleum AS, operator of production licence 104, has concluded the drilling of wildcat well 30/9-27 S. The well was drilled around 7 km west of the Oseberg Sr-f.........

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31 2015-08

Oman considers importing LNG as domestic gas use surges

DUBAI (Bloomberg) -- Oman may start importing to meet surging domestic energy demand, according to two people with knowledge of the matter, a shift in trade that would make it the fourth Ara.........

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