Light Crude Settles Below $60
Posted on Sunday July 14, 2019

WTI and Brent crude oil prices edged downward Monday.

Chevron Aims to Turn Canada LNG Plan Into Electric Design
Posted on Sunday July 14, 2019

Chevron is seeking approval to modify its plans for a LNG export facility on Canada's Pacific Coast to an all-electric design.

Total Awards Oman Contract to McDermott
Posted on Sunday July 14, 2019

Total and Oman Oil aim to establish the Middle Eastern country as a regional LNG bunkering hub.

Oil, Gas Companies Target of Germany's Carbon Levy Plan
Posted on Sunday July 14, 2019

Oil and gas companies that supply Europe's biggest energy market fuels for cars, trucks and heating may be soon be required to pay for carbon pollution allowances.

Odfjell Rig Returning to South Africa
Posted on Sunday July 14, 2019

Total has secured the Deepsea Stavanger for more Block 11B/12B drilling.

Callon Acquires Carrizo in $3.2B All-Stock Deal
Posted on Sunday July 14, 2019

U.S. independent Callon Petroleum Company will acquire Houston-based Carrizo Oil & Gas, Inc. in an all-stock transaction valued at $3.2 billion.

Apollo Weighing Investment in Sanchez Energy Debt
Posted on Sunday July 14, 2019

Apollo Global Management is weighing an investment in oil producer Sanchez Energy Corp.'s debt, according to people with knowledge of the matter.

UK Wants Iran Tanker Guarantees
Posted on Sunday July 14, 2019

The U.K. will facilitate the release of the tanker if it receives guarantees that it will not be going to Syria, Foreign Secretary Jeremy Hunt says.

PGNiG Snaps Up Another North Sea Gas Field Stake
Posted on Sunday July 14, 2019

Polish Oil and Gas Company acquires a stake in another gas field in the North Sea.

Barry Shuts in 69 Percent of GOM Oil Output
Posted on Sunday July 14, 2019

Approximately 69.08 percent of oil production in the Gulf of Mexico was shut in as of Monday due to Tropical Storm Barry.