Petroleum
Is US Crude Oil Nearing a Bear Market?
How's Your Energy Portfolio Reacting to Oil’s Fall? US crude oil prices On August 16, US crude oil September futures rose 0.7% and settled at $65.46 …
OilWhat is the cost of delaying Nigeria’s petroleum industry bill?
Copyright Africa Business News Pty. Ltd. © 2018. All Rights Reserved<p>This website uses cookies to improve your experience. We'll assume you're ok with …
NigeriaRussian engine oil bags American Petroleum Institute license
Moscow, Aug 17 (IANS) Russia's state-owned gas major Gazprom's oil business subsidiary Gazpromneft-lubricants announced on Friday that it has become …
OilCrude Oil Price Forecast – crude oil markets quiet Thursday
WTI Crude Oil<p>The WTI Crude Oil market has done very little during the trading session on Thursday, as we continue to hover above the psychologically …
Oil & Gas IndustryVopak puts petroleum terminals up for sale as second-quarter profit drops
Dutch oil and chemical storage company Vopak on Friday said it would consider selling four European petroleum terminals, as increasing competition in …
PollingHedge Funds Lighten Up on the FANGs
Amazon.com aside, the FANGs appear to be losing luster with big hedge funds. Those stocks—Facebook, Amazon, Netflix, and Google’s parent …
BusinessGovernment Allows Conditional Import Of Petroleum Coke
Shares of cement companies such as Ultratech Cement, Shree Cement, Ambuja Cements and ACC rose following the announcement.<p><b>New Delhi/Bengaluru</b>: The …
Business (India)News & Tips: SDX Energy, Interserve, Faroe Petroleum & more
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Personal Finance (UK)Oil Gains but Demand Concerns Persist
Buyers return after the U.S. and China say they plan to resume talks over trade<p>Oil prices rose Thursday, recouping some of their losses after concerns about a global economic slowdown sparked a rout earlier this week.<p>Light, sweet crude-oil futures rose 0.7% to $65.46 a barrel at the New York …
Stock MarketsBRIEF-India's Dhunseri Petrochem Enters Into Agreement With Engineering For The Petroleum & Process Industries
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TradingStorm halts Oman's Daleel Petroleum operations
DUBAI, Aug 16 (Reuters) - Fourteen workers were injured in a storm that also halted operations at Daleel Petroleum’s block 5 in the Sultanate of Oman on Wednesday night, the company said on its website. “Three to five workers” are in a “critical condition” and receiving treatment at the hospital of …
OilAegean Marine Petroleum +18% as Mercuria takes 30% stake
Aegean Marine Petroleum (ANW +17.8%) explodes higher after commodities trader Mercuria agrees to acquire 30% of the company in return for providing …
BusinessBloomberg: Midstates Petroleum in talks to buy assets from SandRidge
Midstates Petroleum (MPO +1.4%) is in talks to buy SandRidge Energy’s (SD +2.7%) Mississippi and Oklahoma operations, and a deal could be reached by …
BusinessPublic offering of Crown petroleum, natural gas rights generates $6.5M for Sask.
The Saskatchewan Ministry of Energy and Resource said the most recent public offering of Crown petroleum and natural gas rights generated $6.5 …
Natural GasWhy Woodside Petroleum Ltd Share Price Has Been Rising over the Last Six Months
Half-year results saw Woodside petroleum Ltd share price consistently increase over the last six months.Today, Woodside petroleum Ltd [ASX:WPL] …
Stock MarketsZion Oil confirms active petroleum system in Megiddo-Jezreel well
Zion Oil & Gas (NASDAQ:ZN) +13.8% after-hours following confirmation of an active petroleum system in its Megiddo-Jezreel #1 well in Israel after …
BusinessOil Hits Two-Month Low on Contagion Fears, Rising Supplies
U.S. commercial crude-oil inventories are above the five-year average for the first time in several months<p>By<p>Dan Molinski<p>Oil prices fell to their lowest in two months Wednesday after U.S. oil inventories unexpectedly increased and as investors worried of softening demand from global trade tensions …
OilCrude oil in the spotlight after inventory shocker
Crude oil prices are slightly lower after yesterday's shock surge in U.S. stockpiles. Total petroleum inventories rose a strong 17.4M barrels in the …
OilNigeria:Prices of Fuel, Cooking Gas, Diesel Decreased in July
[Vanguard] The National Bureau of Statistics, NBS says average price paid by consumers for premium motor spirit (petrol) decreased by -0.09 …
OilWoodside Petroleum Ltd. 2018 Q2 - Results - Earnings Call Slides
The following slide deck was published by Woodside Petroleum Ltd. in conjunction with their 2018 Q2 earnings call.<p>135<p>Click to enlarge
BusinessIndia's Biggest Trade Deficit in Five Years Adds to Rupee's Woes
India’s trade deficit in July widened to the most in more than five years, worsening the outlook for the rupee that hit a record low on Tuesday.<p>The …
EconomyIndia Cutting Iran Imports Is Good News for Crude Oil
India may cut its Iranian crude oil imports by 50% to cooperate with U.S. sanctions and secure a waiver to continue shipments, according to a …
OilOil Slides With Metals on Demand Concern While Stockpiles Rise
Oil slid for a third day as copper and other metals tumbled on concerns the Turkish crisis will spill over into emerging markets, and as an industry …
OilResults wrap: Fairfax's swansong, IAG profit slips and Woodside Petroleum's oil surge
There have been mixed results from the major companies reporting their earnings today — including Fairfax, Insurance Australia Group (IAG) and …
Brent CrudeAustralia's Woodside Petroleum half-year profit rises 6 pct
Aug 14 (Reuters) - Australia’s Woodside Petroleum Ltd on Wednesday said first-half net profit rose 6 percent, aided by higher oil prices and larger production volumes.<p>Australia’s biggest listed oil and gas explorer reported net profit of $541 million in the half-year ended June 2018 compared with …
OilWhiting Petroleum Makes A Deal With Oasis
Whiting Petroleum (WLL) announced during its Q2 2018 earnings report that it had made a $130 million Williston Basin bolt-on acquisition of nearly …
Oil & Gas IndustryCondor Petroleum reports Q2 results
Condor Petroleum (OTC:CNPRF): Q2 net loss of C$5.2M<p>Revenue of C$4.8M<p>Press Release<p>Now read: <b>Sixty Six Oilfield Services reports Q2 results »</b><p><b>Subscribe</b> …
BusinessFieldPoint Petroleum reports Q2 results
FieldPoint Petroleum (OTCQB:FPPP): Q2 EPS of $0.02<p>Revenue of $0.6M (-33.3% Y/Y)<p>Press Release<p>Now read: <b>Nabors Industries - A Look At Second Quarter</b> …
BusinessAnadarko Petroleum declares $0.25 dividend
Anadarko Petroleum (NYSE:APC) declares $0.25/share quarterly dividend, in line with previous.<p>Forward yield 1.49%<p>Payable Sept. 12; for shareholders of …
BusinessWhy transporting oil by rail is popular, despite the cost
The fracking-driven surge in crude-oil production this century has forced two developments in the US transportation infrastructure: a boom in …
Oil