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    LOCATION:HOME> News > Industry News
    Industry News
    The following is the news list page
    16 2018-05

    Oil rises to $79 in London on Mideast risk from Iran to Gaza

    LONDON (Bloomberg) --Oil climbed to a three-year high near $79/bbl in London on heightened political risks in the Middle East following unrest in Gaza and the return of sanctions against Ira.........

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    15 2018-05

    India's oil demand surges for eighth straight month in April

    MUMBAI (Bloomberg) --Indias oil consumption surged 4.5% in April as industrial activity gathered pace in Asias third-largest economy and sales of trucks and buses soared. The nations total o.........

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    14 2018-05

    Lukoil signs new development plan for West Qurna-2 field in Iraq

    MOSCOW -- Lukoil and the Basra Oil Company signed a development plan for West Qurna-2 field that provides for an oil production plateau of 800,000 bpd. According to the plan, the oil product.........

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    11 2018-05

    Senator eyes oil tax to punish Canada over Alaska drilling clash

    WASHINGTON (Bloomberg) --As Alaskas congressional delegation worked feverishly last year to achieve the decades-long dream of drilling for oil in the Arctic National Wildlife Refuge, they ca.........

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    10 2018-05

    Oil rises as Trump tells buyers to cut back on Iranian crude

    LONDON and SEOUL (Bloomberg) -- Oil rose to a three-year high after the U.S. told buyers of Iranian crude they have six months to curb their purchases or face tough penalties. While the full.........

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    09 2018-05

    U.S. seen cutting oil imports to lowest since Eisenhower

    NEW YORK (Bloomberg) --The U.S. will cut its reliance on foreign oil to the lowest in more than 60 years as domestic crude output surges to record levels. The Energy Information Administrati.........

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    08 2018-05

    Oil faces a month of mayhem as geopolitical risks proliferate

    LONDON (Bloomberg) --Plunging Venezuelan crude production; sanctions disrupting Iranian oil exports; Saudi Arabia pushing for even higher prices; North Korea peace talks -- the coming weeks .........

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    07 2018-05

    Oil steady near $68 amid bets Trump will exit Iran accord

    SINGAPORE and LONDON (Bloomberg) -- Oil traded near $68/bbl amid growing expectations that U.S. President Donald Trump will withdraw from a nuclear accord with Iran, threatening crude export.........

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    04 2018-05

    Oil-rich Persian Gulf set to add another member to triple-digit debt club

    DUBAI (Bloomberg) --Bahrain, one of only three Middle East oil exporters that needs crude above $100 to break even, will soon be part of another short list: the triple-digit debt club. The s.........

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    03 2018-05

    Oil's lifeline turns into $7-billion drag as crude prices jump

    NEW YORK (Bloomberg) --Theres a downside to oil prices being up that could cost the industry more than $7 billion. When crude markets slumped, explorers used hedging contracts to lock in pay.........

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    02 2018-05

    Oil investors show they want more than just profit

    LONDON (Bloomberg) --Big Oils investors took a bruising for nearly three years as oil prices bumped along decade lows. Now they want payback. Theyre willing to punish companies that dont mee.........

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    28 2018-04

    Oil steadies amid Korean peace pledge, threat of Iran sanctions

    LONDON (Bloomberg) --Oil traded near $68 as investors weighed the impact of a possible U.S. pull-out from the Iran nuclear deal and the potential for a historic accord between the leaders of.........

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    27 2018-04

    Citi says U.S. may become world's top oil exporter next year

    SINGAPORE (Bloomberg) --The U.S. looks likely to overtake Saudi Arabia to become the worlds biggest oil exporter next year, according to Citigroup Inc. With American production surging to un.........

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    26 2018-04

    Oil holds loss as hope of new Iran deal eases sanction concern

    TOKYO (Bloomberg) --Oil held losses below $68/bbl after French President Emmanuel Macron called for a new Iran nuclear deal to keep the U.S. on board, raising speculation sanctions on the OP.........

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    25 2018-04

    SDX Energy reports oil discovery in Egypt's West Gharib Concession

    LONDON -- SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul 4 Well in the West Gharib Concession in Egypt.........

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