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Latest Oil & Gas News

Friday, July 21, 2017   (Today)

Latest Oil & Gas News

OPEC, Russia to Stand Pat on Oil Deal Even as Glut Persists
OPEC and Russia's plan to clear the global oil glut hasn't worked as they hoped, but there's little expectation the world's largest producers will act more aggressively when they meet this weekend.



Thursday, July 20, 2017

Latest Oil & Gas News

CEO: France's GTT Sees Opportunities In Increased Gas Production
GTT can benefit in the coming years from increased LNG supply as it will boost the need for transportation, Chief Executive Philippe Berterottiere says.

Oil Settles Down After Early Rally Lifts Brent Past $50
Oil settles lower in choppy trading, as nagging worries about abundant global crude supplies sank prices after an early rally boosted Brent above $50 per barrel for the first time since June 7.

Singapore's Keppel Posts Lower 2Q Profit, Says Rig Market Outlook Muddy
Keppel posts a 21% drop in its quarterly profit and warned it did not expect a speedy recovery in the offshore and marine market.

African Petroleum Lets Blocks Sale Exclusivity Clause Lapse
African Petroleum has agreed to let an exclusive agreement lapse in talks to sell oil licenses in Gambia and Senegal, it says.






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