Russia plans to hold additional talks on Friday with some OPEC and non-OPEC nations to discuss unresolved issues around a planned output cut ahead of a wider meeting on Saturday in Vienna.
Source: Offshore
Russia To Hold Additional Talks On Friday Ahead Of Vienna Dec. 10 Meeting
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The U.S. government is to check if sanctions where violated when Russia struck a deal to sell a stake in oil producer Rosneft to a consortium of Qatar’s sovereign fund and commodities trader Glencore.
Source: Offshore
Washington To Check If Russia-Qatar Oil Deal Violates Sanctions
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AWE Limited announced Friday that the Waitsia joint venture has made “strong progress” in its preparations for Stage 2 of the Australian Waitsia gas project.
Source: Offshore
Waitsia JV Approves 2017 Development Activities Budget
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Kazakhstan may offer to freeze its oil output at last month’s level at the talks between OPEC and non-OPEC producers in Vienna, Kazakh Energy Minister Kanat Bozumbayev said on Friday.
Source: Offshore
Kazakhstan Says May Offer To Freeze Its Output At Vienna Talks
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Green energy firm Ecotricity is challenging the fracking industry by submitting applications for its new Green Gas Mills on sites already proposed for fracking.
Source: Offshore
Green Energy Firm Fights UK Fracking Plans
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WellAware and Halliburton will partner to distribute WellAware’s oilfield monitoring technology.
Source: Offshore
WellAware, Halliburton Partner to Distribute WellAware IoT Solution
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OMV Petrom, in partnership with Hunt Oil Company of Romania, announced the start of experimental gas production from the Padina field.
Source: Offshore
OMV Petrom, Hunt Oil Start Experimental Gas Production at Padina
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US energy companies this week added the most oil rigs since July 2015, extending the seven-month drilling recovery as crude prices rose to a near 17-month high.
Source: Offshore
Baker Hughes: US Drillers Add The Most Oil Rigs Since July 2015
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Oil prices rose about 1% on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to output restrictions.
Source: Offshore
Oil Edges Up About 1% On Optimism Over Non-OPEC Output Cuts
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Global spending on oil and gas exploration in 2017 could fall below this year’s $40 billion, but lower costs mean profitability will increase, consultancy Wood Mackenzie said in a report on Friday.
Source: Offshore
WoodMac: Oil Exploration Spending May Drop Further Next Year
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