Acquisitions & Divestitures - Insight

BP: Much 2017 Oil Demand Growth To Bypass Refineries

NGL from the U.S. shale boom such as ethane, an alternative to naphtha refined from crude, could feed as much as a third of demand growth in 2017, BP's Richard de Caux told the Platts Refining Summit in Brussels.

2016/09/30

Top Questions, Doubts About The OPEC Supply Cut

Reactions to OPEC’s announced curtailment of oil production ranged from moderate disbelief to severe skepticism.

2016/09/29

Oil Prices Slip On The Details Of OPEC's Deal

Many analysts said there was a lack of clarity over too many details of OPEC's deal announced Sept. 28 and there was a risk the deal could unravel.

2016/09/29

Report: US Crude Inventories Fall For Fourth Straight Week

The month-long drawdown in crude stocks has surprised some analysts after a massive 14 million barrel storm-related drop in inventories at the beginning of September.

2016/09/29

OPEC Agrees To Stop The Bleeding At 32.5 MMbbl/d

The producing group will agree to concrete levels of production by each country at its next formal meeting in November, sources say.

2016/09/28

OPEC: Saudis Soften Oil Stance On Iran, But Deal Still Elusive

OPEC might still agree an oil output-limiting deal later this year as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran.

2016/09/28

Oil Climbs Following US Inventory Draw

Data from the American Petroleum Institute showed crude stocks fell 752,000 bbl in the week to Sept. 23 to 506.4 MMbbl, compared with a forecast of a 2.8 MMbbl build by analysts polled by Reuters.

2016/09/28

Oil Prices Slip As Output Deal By OPEC Fades

Saudi Arabia on Sept. 27 dashed hopes that OPEC oil producers could clinch a deal in Algeria this week after sources within the exporter group said differences between the kingdom and rival Iran remained too wide.

2016/09/27

Oil Prices Climb As OPEC Meets To Discuss Possible Output Deal

Members of OPEC are meeting informally on the sidelines of the International Energy Forum in Algeria from Sept. 26-28, where they will discuss a possible deal to limit output.

2016/09/26

Oil Prices On The Rise For Second Day

Brent crude futures rose 44 cents to $47.27/bbl by 6 a.m. CT (11 GMT), or a 3.2% gain so far this week, while West Texas Intermediate oil futures were up 47 cents at $45.81/bbl.

2016/09/22

Permian Scorches A&D Market Despite Oil Price; Midstream Considers Combos

Some form of consolidation may be coming for certain sectors of the oil and gas industry.

2016/09/21

Shell President Talks LNG, Climate Change And No-Wind Scenarios

From ‘keep it in the ground’ to natural gas as a bridge fuel for the future, Bruce Culpepper offers scenarios for oil and gas in 2050.

2016/09/21

Pages