Benchmark crude oil prices ended a volatile holiday trading period by settling modestly higher on the final trading day of 2018. Previously, both equities and
Following a 43-drilling rig loss last week, Canada has fallen more than 100 rigs in 2 weeks with a 61-unit loss for the week ended
US crude oil and natural gas liquids production broke records in November and the first 11 months of this year, the US Energy Information Administration
PAO Novatek started commercial crude oil production from Yaro-Yakhinskoye field in the Purovsky district of Russia’s Yamalo-Nenets Autonomous Region. Oil production capacity of the field,
Crude oil prices rebounded on the New York and London markets on Dec. 26 after having fallen drastically before the Christmas holiday. But oil prices
The light, sweet oil price for February fell more than $3 in a shortened trading session on the New York market Dec. 24. Crude settled
Formation of a government in October raises prospects for continued growth of oil production in Iraq.
Lundin Petroleum AB subsidiary Lundin Norway AS will plug and abandon Silfari exploration well 6307/1-1S in PL830 in the Norwegian Sea. The well was dry.
CGX Resources Inc., a subsidiary of CGX Energy Inc., has let a single-well contract to Rowan Cos. for the Rowan Ralph Coffman jack up rig
Eni SPA is withdrawing its controlling interest from a group that holds five shale gas licenses in Ukraine, reports partner Cadogan Petroleum. Cadogan said Eni