Tropical Storm Nate has formed off of Nicaragua, threatening to inundate Central America, shut oil and gas rigs in the Gulf of Mexico and damage cotton and citrus crops across the U.S. South.
Source: Offshore
Tropical Storm Nate Threatens Oil Rigs as It Targets U.S. Gulf
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Saudi Arabia made no firm pledge to extend a deal between OPEC, Russia and other producers on cutting supplies but said it was “flexible” regarding Moscow’s suggestion to prolong the pact until the end of 2018.
Source: Offshore
Saudi Says "Flexible" on Russian Idea to Extend Oil Cuts to End-2018
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Nigeria’s oil minister sent a letter to President Muhammadu Buhari listing at least $24 billion of contracts involving the state oil company that he said were never discussed with him or the firm’s board.
Source: Offshore
Nigerian Minister Is Said to Query Billion Oil Contracts
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Australia expects to increase exports of liquefied natural gas (LNG) by 16 percent from mid-2018 as $180 billion in new projects hit their stride, nearly catching up with Qatar, the world’s top supplier.
Source: Offshore
Australia Closing In On Qatar as World's Top LNG Exporter
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TransCanada Corp. has scrapped its Energy East Pipeline and Eastern Mainline projects, oil and natural gas conduits that have faced regulatory hurdles in Canada and stiff opposition from environmental groups.
Source: Offshore
TransCanada Ends Pipeline Project, Sees 1 Million Charge
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Signs of friction are again plaguing Donald Trump’s White House at a pivotal moment for his policy agenda.
Source: Offshore
Tillerson Flap Bad Timing for Iran Decision: Balance of Power
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Huge volumes of dirty water produced by U.S. shale firms are driving up investment in water-handling specialists, as cash-conscious oil and gas companies try to trim costs.
Source: Offshore
Dirty Water in U.S. Shale Patch Drives Investment in Water Handlers
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A trade dispute over solar imports has stalled clean-energy projects across the U.S.
Source: Offshore
U.S. Trade Dispute Scaring Companies From Buying Solar Power
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Oil climbs as Saudi Arabia and Russia, the world’s biggest oil exporters, signal continued cooperation on efforts to erode a global crude glut.
Source: Offshore
Oil Edges Higher as Saudi-Russia Encounter Reassures Oil Bulls
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Politicians and environmental campaigners in Quebec are shedding few tears over TransCanada Corp.’s decision to pull the plug on its Energy East pipeline project.
Source: Offshore
TransCanada's Decision to Scrap Pipeline Draws Cheers in Quebec
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