World Wide

Newcomers Pile Into Race For Qatar LNG

Qatar is preparing to issue a tender for energy firms seeking a stake in its gas expansion project, drawing interest from long-standing partners as well as newcomers.

Jan 23 2019 - 7:45am

Energy Executives Expect To Boost Spending This Year

A survey by DNV GL also indicated that more energy companies were preparing for a long-term shift to cleaner energy sources.

Jan 22 2019 - 7:50am

Schlumberger Sees International Growth Ahead

The head of the world’s largest oilfield service company believes market conditions will improve this year after a rough start.

Jan 18 2019 - 11:50am

OPEC Forecasts Fall In Crude Demand On Global Imbalance

OPEC expects demand for the cartel’s crude in 2019 at almost 1 million barrels a day (MMbbl/d) less than last year as supply is expected to outweigh demand.

Jan 18 2019 - 11:21am

Schlumberger Revenue Beats, Sees International Growth In 2019

Schlumberger, a bellwether for the oilfield services sector, said recent volatility in crude prices has led to more uncertainty in the spending outlook for oil and gas producers.

Jan 18 2019 - 8:17am

Shell Says Wael Sawan To Replace Andy Brown As New Upstream Boss

Shell Upstream Director Andy Brown is stepping down after 35 years at the Anglo-Dutch company. His replacement, Wael Sawan, currently heads Shell's deepwater operations.

Jan 17 2019 - 8:15am

What’s Affecting Oil Prices This Week (Jan. 14, 2018)?

For the week ahead, Stratas Advisors expect Brent to average $61.

Jan 14 2019 - 11:43am

Integrated LNG Company New Fortress Energy Launches $400 Million IPO

New Fortress Energy is looking to capitalize on a growing supply-demand gap by developing LNG assets particularly in areas with significant “stranded” natural gas reserves.

Jan 14 2019 - 11:15am

Ophir Energy Rejects Medco's $437 Million Takeover Offer

Ophir Energy rejected Indonesian oil and gas group Medco Energi's potential takeover offer, saying it "undervalues" the British oil and gas company.

Jan 14 2019 - 7:25am

Oil Down But Set For Weekly Gain Amid Caution Over Global Economy

Despite no apparent progress, hopes abound that the U.S. and China will resolve their trade war.

Jan 11 2019 - 10:20am