Oil Retreats On Doubts OPEC Cuts Can Ease Glut
US crude futures strengthened before retreating in post-settlement trade as the market lost confidence.
Source: Offshore
Oil Retreats On Doubts OPEC Cuts Can Ease Glut
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Gas Producer Santos Needs to Impress as China's ENN Eyes Strategy
Australian gas producer Santos is expected this week to outline its strategy to pay down debt and cope with weak oil and gas prices.
Source: Offshore
Gas Producer Santos Needs to Impress as China's ENN Eyes Strategy
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Sources: Saudi, Kuwait Expect to Restart Neutral Zone Oilfields Soon
Saudi Arabia and Kuwait expect to agree soon on the resumption of oil production from their jointly-operated oilfields in the Neutral Zone.
Source: Offshore
Sources: Saudi, Kuwait Expect to Restart Neutral Zone Oilfields Soon
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Morton County Sheriff Defends Tactics against Pipeline Protesters
North Dakota county sheriff defends tactics after police use water hoses and rubber bullets against pipeline protestors.
Source: Offshore
Morton County Sheriff Defends Tactics against Pipeline Protesters
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Private Equity Funds, Former Oil Execs Eye Southeast Asia Energy Assets
Flush with cash, private equity-backed firms and former oil industry executives are eyeing energy assets in Southeast Asia.
Source: Offshore
Private Equity Funds, Former Oil Execs Eye Southeast Asia Energy Assets
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Gazprom In Talks With Japanese Banks About Raising $850M
Russian gas giant Gazprom is working on a deal under which Japanese banks would provide it with financing worth 800 million euros ($851.28 million), two sources familiar with the discussions told Reuters.
Source: Offshore
Gazprom In Talks With Japanese Banks About Raising 0M
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Decommission Spending May Skyrocket 540% to $210 Billion
With more than 600 projects expected during the next five years, decommissioning in the global offshore industry is heading for a perfect storm, says study author.
Source: Offshore
Decommission Spending May Skyrocket 540% to 0 Billion
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Production Drilling Begins at Mariner Field in UK North Sea
Production drilling has started on the Mariner field in the UK North Sea, Statoil announced Friday.
Source: Offshore
Production Drilling Begins at Mariner Field in UK North Sea
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Azerbaijan's $35B Oil Fund Pledges To Improve Transparency
SOFAZ is committed to keep improving transparency, its executive director said, in order to meet a key international benchmark that would make the country more attractive to foreign investors.
Source: Offshore
Azerbaijan's B Oil Fund Pledges To Improve Transparency
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Baker Hughes: US Oil Drilling Rig Count Recovery Extends Into 7th Month
US energy companies extended their recovery in oil drilling into a seventh month this week as they follow through on plans to add rigs as crude rose to its highest price in over a year.
Source: Offshore
Baker Hughes: US Oil Drilling Rig Count Recovery Extends Into 7th Month
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