JUBA (Bloomberg) -- South Sudan restarted crude production in a key oil region almost five years after facilities were shuttered by civil war. The resumption of output in the so-called Unity fields marks the start of efforts to rebuild the...
HOUSTON (Bloomberg) --Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela. President Nicolas Maduro and Trinidad and Tobago Prime Minister Keith Rowley signed a deal Satu...
LONDON -- United Oil Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced that further to the announcement of May 24, 2018, it has accepted the formal offer from the Oil and Gas Authority,...
NEW YORK (Bloomberg) -- Oil gained after a U.S. government report showed the biggest decline in crude inventories since late July. Futures in New York advanced as much as 2.7% on Wednesday. Crude stockpiles fell 5.84 MMbbl last week, the En...
HOUSTON -- Rack up one more thing robots can be used for: Fracing for oil. Bots already are used to vacuum floors, build cars and do heart surgery. Now, Halliburton Co. wants to add fracing to the to-do list. The worlds biggest provider of...
LONDON and SINGAPORE (Bloomberg) -- Wild swings in the yuan and punitive storage costs are making oil traders think twice about a bet on Chinas fledgling crude futures that looks highly lucrative on paper. Last week, considering freight cos...
OSLO (Bloomberg) --Backing down on drilling off Norways Lofoten islands could also threaten the search for 16 Bbbl of oil and gas that lies beneath the Barents Sea, the countrys energy minister said. The warning comes amid increasing signs...
LONDON (Bloomberg) -- Signs of easing tensions between the worlds two largest economies have done little to lift oil as surging U.S. stockpiles offset potential gains in crude futures. Oil in New York was little changed while crude in Londo...
NEW YORK (Bloomberg) -- Oil plunged after U.S. stockpiles swelled by the most since March 2017 and as investor concern increased that the U.S.-China trade war and Turkish crisis will undercut demand. Futures in New York fell as much as 3.8%...
NEW YORK (Bloomberg) -- Crude rose as troubles in Turkey showed signs of abating and amid expectations of tightening inventories in the U.S. Futures advanced as much as 1.7% in New York on Tuesday after Mondays decline. The rout in Turkish...
As the top petroleum exhibition in China, cippe has been working closely with WPC...