BEIJING, Dec. 26 (Xinhua) -- Chinas commercial crude oil inventories declined 1.55 percent month-on-month by the end of November despite a sharp rise in imports. While net imports of crude oil increased 12.8 percent in November, the amount o...
JE RUSAL EM, Dec 25 (Reuters) - Israeli conglomerate Delek Groups (DLEKG.TA) gas and oil exploration units, Delek Drilling and Avner Oil Exploration, approved a merger aimed at reducing costs and attracting new investors. Delek Drilling (DED...
By Anamesere Igboeroteonwu ONITSHA, Nigeria, Dec 21 (Reuters) - An oil spill from Exxon Mobil Corp (XOM.N) facilities in southeast Nigerias Akwa Ibom state has hit local communities, affecting farming, fishing and drinking water, a local lea...
Dec 20 (Reuters) - KLR Energy Acquisition Corp (KLREU.O) : * KLR Energy Acquisition Corp - in connection deal, certain institutional investors will purchase $75 million of Rosehill Resources series a preferred stock * KLR Energy is expected...
Brent oil price forecasts: 2017 up to $57/bbl, 2018 down to $58/bblFollowing the recent production cuts announced by OPEC/non-OPEC, theGS Commodities Research team raised its 2017 Brent oil price forecast by6% to $57/bbl but lowered its 2018...
WARSAW, Dec 16 (Reuters) - * Polands biggest refiner PKN Orlen (PKN.WA) will probably slow down upstream acquisitions given oil price uncertainty, Chief Financial Officer Slawomir Jedrzejczyk said on Friday. * The state-run firms latest purc...
ABUJA, Dec 15 (Reuters) - Nigeria will clear unpaid bills worth $5.1 billion for oil production joint ventures piled up over many years under a deal signed on Thursday with Shell (RDSa.L) , Chevron (CVX.N) , Total (TOTF.PA) , Eni (ENI.MI) an...
* Russia agreed to reduce oil output by 300,000 bpd * Cuts will be voluntary for each company By Vladimir Soldatkin MOSCOW, Dec 14 (Reuters) - Russias energy minister said on Wednesday he had reached a framework agreement with oil companies...
Dec 13 (Reuters) - Panhandle Oil And Gas Inc (PHX.N) : * Senior vice president and COO Paul Blanchard, will take over position of president and CEO on Jan. 1, 2017 * Panhandle Oil And Gas Inc- Robb Winfield, current controller and chief acco...
Dec 12 (Reuters) - Panhandle Oil And Gas Inc (PHX.N) * Reduced debt $20.5 million during fiscal 2016 * Panhandle Oil And Gas Inc - oil production decreased in 2016 quarter to 78,398 barrels, versus 112,237 barrels in 2015 quarter * Panhandle...
As the top petroleum exhibition in China, cippe has been working closely with WPC...