LONDON -- GE Oil Gas has signed a major agreement with MODEC, an owner/operator and EPCI general contractor of floating production systems, to supply and service gas turbines for FPSOs in Br.........
see more >>LONDON (Bloomberg) -- An international agreement to cap crude-oil output in a way that would restrict actual supply and support prices looks no nearer after the two largest producers pledged.........
see more >>SINGAPORE (Bloomberg) -- As speculation swirls over whether oil producers will reach a deal to coordinate output and aid a recovery in prices, Iran says its ready to pump more. The OPEC memb.........
see more >>HANGZHOU, China (Bloomberg) -- Global oil-market stability is impossible without the cooperation of Russia and Saudi Arabia, the worlds biggest crude producers, the kingdoms influential depu.........
see more >>STAVANGER, Norway (Bloomberg) -- The worst has passed for oil prices, which are now too low to ensure investment in the new supplies needed during the rest of the decade, IHS Markit Ltd.s Vi.........
see more >>From underground caverns by the Yellow Sea to a scattering of islands in the Yangtze River delta, the government has been stockpiling crude for emergencies in a network of storage sites dott.........
see more >>STAVANGER, Norway (Bloomberg) -- Natural gas is rapidly becoming one of the most traded global commodities, but that doesnt mean it will have a global price, according to Royal Dutch Shell. .........
see more >>NEW YORK (Bloomberg) -- Oil investors are turning the car around. For a second week, money managers slashed bets on falling prices by a record and boosted wagers on a rally. Futures have cli.........
see more >>NEW YORK (Bloomberg Gadfly) -- When the OPEC nations last met with Russia to agree an output freeze, back in April, it was Saudi Arabia that shot down the deal -- refusing to take part witho.........
see more >>LOS ANGELES (Bloomberg) -- Saudi Arabias energy minister said an oil-output freeze would be positive if it happens, while ruling out a cut in production. Irans oil minister became the latest.........
see more >>NEW YORK (Bloomberg) -- Oil resumed its drop after industry data showed U.S. stockpiles rose, keeping inventories at the highest seasonal level in at least 30 years as peak summer demand in .........
see more >>NEW YORK (Bloomberg) -- Oil retreated, halting the longest run of gains in four years as Iraq sought to increase exports amid a global oversupply and Nigerian militants called an end to host.........
see more >>WASHINGTON, D.C. (EIA) -- Crude oil production disruptions in Nigeria reached 750,000 bpd in May 2016, the highest level since at least January 2009. The increased disruptions come as milita.........
see more >>SINGAPORE (Bloomberg) -- The crash in crude prices may have nudged Kazakhstan toward its biggest wave of privatization in history, but its wealth fund is now willing to bide its time for a r.........
see more >>NEW YORK (Bloomberg) -- The long decline in Venezuelas oil production is becoming a supply risk for international markets, according to a report by Columbia Universitys Center on Global Ener.........
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