Halliburton Company expects total global offshore spending to jump 14 percent this year, one of the world’s largest oilfield service providers said on Monday as it announced its Q1 2019 results. Halliburton’s…
The winner would gain a major production boost in a region that is increasingly being run by smaller independent companies. (Bloomberg) -- Israel’s Delek Group Ltd. and U.K. chemicals…
Oil started the week on a softer note after completing its longest run of weekly gains in three years. (Bloomberg) -- Oil started the week on a softer note…
Chevron Corporation's deal to acquire Anadarko Petroleum Corporation will shake up the U.S. upstream sector. Chevron Corporation’s deal to acquire Anadarko Petroleum Corporation will shake up the U.S. upstream sector, creating…
South Korea’s imports of Iranian crude last month reached 1.2 million tons, or 8.8 million barrels which was a 23-percent increase on February and a fivefold increase in January, when…
Oil extended gains after capping its best week in almost two months as an escalation of fighting in OPEC producer Libya overshadowed the biggest increase in U.S. active rigs since…
(Bloomberg) -- South Korea and China just served oil traders with a little reminder that one the market’s brighter trades -- diesel -- is far from a one-way bet. Combined…
Several Republican Senators have reintroduced a bill to streamline oil and gas development permitting in the U.S., aimed at boosting mineral revenues for states and reducing regulatory burdens and costs. U.S. Senator…