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Latest Oil & Gas News

Wednesday, January 17, 2018

Latest Oil & Gas News

Oil at $70 Proves Too Hot to Handle for Some European Refineries
High imports of fuels like diesel from the Middle East are also capping profits for European refiners.

Trump's Offshore Oil Plan Will Struggle to Lure Rigs From Guyana
A string of major discoveries offshore Guyana has drawn hundreds of millions of dollars in a quest for crude.

US Feb Shale Output Expected to Rise to 6.55 Mln Bpd -EIA
The global oil market has been closely watching U.S. output, which may continue to contribute to global oversupply.

Ivory Coast Awards Tullow Two New Oil and Gas Blocks
Africa-focused Tullow now holds stakes in nine Ivorian blocks.

API's Jack Gerard to Step Down
After serving for 10 years as president and CEO of the API, Jack Gerard is calling it quits.

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