Asian LNG spot prices jumped this week on strong demand from core importing countries including China and Japan.
Source: Offshore
Asian LNG Spot Prices Jump On Chinese, Japanese Demand
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Victoria Oil & Gas Plc reveals that flow testing of the La-108 well, located onshore Cameroon, has been ‘very encouraging’.
Source: Offshore
Onshore Cameroon Well Flow Test 'Very Encouraging'
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The UK North Sea and Norwegian Continental Shelf are two areas where semisubmersible demand has picked up.
Source: Offshore
Rig Trends: A Glint of Light in the North Sea Rig Market
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Eni signs an agreement with Utilitalia and CONOE to boost the collection of used vegetable oil produced in the homes of its employees.
Source: Offshore
Eni to Collect Used Vegetable Oil from Employees for Biofuel
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Efforts to find new oil off Norway are expected to double next year.
Source: Offshore
Oil Firms To Step Up Exploration Off Norway Next Year After Poor 2017
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Oil futures were little changed as traders concerned about 2018 production growth shrugged off reports of a static rig count and falling US stockpiles.
Source: Offshore
Oil Little Changed as 2018 Fears Outweigh Static US Rig Count
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A possible amicable agreement in a row between Russian oil major Rosneft and conglomerate Sistema was a topic of Russian President Vladimir Putin’s informal meeting with businessmen.
Source: Offshore
Kremlin: Putin Favours Amicable Agreement In Rosneft-Sistema Row
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Noble Americas is cutting employees in its Houston and Connecticut offices prior to its sale to Vitol.
Source: Offshore
Noble Americas to Cut 150 Employees Ahead of Vitol Sale
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Global conventional discoveries hit a record low in 2017, coming in at less than seven billion barrels of oil equivalent.
Source: Offshore
Global Conventional Discoveries Hit Record Low
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The quick turnaround from discovery to production hasn’t gone unnoticed in the industry. It represents a seismic shift for Big Oil.
Source: Offshore
Eni 'Mission Impossible' Points to Seismic Shift for Big Oil
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