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HEADLINES: US Production, Export Milestones; Hess, COP To Up Oil Output 

Plus, Australia finally tops world LNG stage, a new offshore exploration lawsuit emerges in the U.S. and 25 Influential Women in Energy announced.

Dec 13 2018 - 12:33pm

IEA Sees Global Oil Supply Tightening More Quickly In 2019

The global oil market could move into deficit sooner than expected, thanks to OPEC’s output agreement with Russia and others and to Canada’s decision to cut supply, the International Energy Agency said on Dec. 13

Dec 13 2018 - 8:59am

Total Sells 4% Of Ichthys LNG Project For $1.6 Billion

Total remains committed to the Australian Ichthys LNG project and the French company would be holding on to its remaining 26% stake in Ichthys, says a company exec.

Dec 13 2018 - 7:45am

Exports Fuel Market Uncertainty

The U.S. is primed for what many have called “energy independence,” but at what cost?

Dec 1 2018 - 7:00am

OPEC Needs To Cut Output By 700,000 bbl/d More For Brent To Hit $70

Oil producer cartel OPEC and its partners will need to keep production lower than their agreed target through 2019 for benchmark Brent crude to come back to $70 a barrel (bbl), oil and gas consultancy Rystad Energy said.

Dec 12 2018 - 9:22am

US Expected To End 2018 As World's Top Oil Producer, EIA Says

A shale revolution has helped the U.S. produce a record amount of oil this year and topple Russia and Saudi Arabia as the world's biggest producer.

Dec 11 2018 - 12:10pm

Chevron Names New Corporate Affairs VP To Navigate ‘Ever-Changing Landscape’

Chevron made several leadership changes on Dec. 10 including naming Dale Walsh as the company’s next vice president of corporate affairs and Navin Mahajan as vice president and treasurer.

Dec 11 2018 - 8:45am

Climate Policies Put World On Track To Exceed Paris Agreement Limit: Study

Average world temperatures are on course to far exceed the main goal set in the 2015 Paris Agreement on limiting global warming, a study showed on Dec. 11.

Dec 11 2018 - 8:41am

What’s Affecting Oil Prices This Week (Dec. 10, 2018)?

Brent rose $1.88/bbl last week to average $61.41/bbl. WTI rose $1.47/bbl last week to average $52.64/bbl.

Dec 10 2018 - 9:11am

Oil Edges Higher After Russia Indicates Larger Output Cut

Benchmark Brent oil edged up on Dec. 7 after indications Russia would contribute a bigger output cut than previously suggested to an OPEC and non-OPEC deal, although prospects for an overall agreement still hung in the balance.

Dec 7 2018 - 6:35am


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