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Exxon's Big Bet on Brazil Oil Could Signal Major Pre-salt Role

Exxon has spent heavily this year on oil and natural gas expansion projects to replenish its diminishing reserves. Read Full Article Source: RigZone ...

by TheNewsDoctors | Published 2 months ago
By TheNewsDoctors On Friday, September 29th, 2017
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Russia's Rosneft Elects German Ex-chancellor Schroeder as Chairman

Schroeder calls Russian President Vladimir Putin his friend and has criticized moves to impose sanctions on Russia. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, September 29th, 2017
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Exxon's Big Bet on Brazil Oil Could Signal Major Pre-salt Role

Exxon has spent heavily this year on oil and natural gas expansion projects to replenish its diminishing reserves. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, September 29th, 2017
0 Comments

Russia's Rosneft Elects German Ex-chancellor Schroeder as Chairman

Schroeder calls Russian President Vladimir Putin his friend and has criticized moves to impose sanctions on Russia. Read Full Article Source: RigZone ...

By TheNewsDoctors On Friday, September 29th, 2017
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Aramco IPO Could End OPEC Status Quo

Sources have told Reuters that the Saudi drive to get OPEC on board with production cuts last year—threatening to quit the bloc if members disagreed—was in part meant to maximize Aramco’s valuation with higher...

By TheNewsDoctors On Thursday, September 28th, 2017
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Canada’s Prolific Montney Shale Drives Pipeline Expansion

With oil and gas output still on the upward swing in Canada’s most prolific shale play, despite depressed oil prices, one of the biggest benefactors is a Calgary-based pipeline company with enough demand to fund...

By TheNewsDoctors On Thursday, September 28th, 2017
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Oil Firms Do Not See A Lasting Impact From Harvey

Most executives at oil and gas firms don’t expect Hurricane Harvey to continue to affect their business six months from now, the Q3 Dallas Fed Energy survey showed. When asked to what extent they expect business...

By TheNewsDoctors On Thursday, September 28th, 2017
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Chevron Hands Mantle to Ex-Refining Boss Wirth as Watson Retires

The 56-year-old Chevron lifer brings 35 years of experience to the c-suite. Read Full Article Source: RigZone ...

By TheNewsDoctors On Thursday, September 28th, 2017
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Matrix Global Plan US Sweet Crude Storage Contract Amid Export Growth

The LOOP is the only US Gulf Coast port that can handle tankers known as Very Large Crude Carriers that are capable of transporting up to 2 million barrels of oil. Read Full Article Source: RigZone ...

By TheNewsDoctors On Wednesday, September 27th, 2017
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Oil Prices At A Ceiling, Or Just Getting Started?

Oil moved back into bull market territory this week, with Brent prices jumping to a more than two-year high at $58 per barrel. A confluence of events has given a jolt of optimism to oil prices, with market sentiment...