RIYADH, Aug. 10 (Xinhua) -- Saudi Arabia and Iraq have affirmed their full commitment to reducing oil production to ensure oil market stability, local media reported Thursday. Saudi Crown Pr.........
see more >>HOUSTON -- Patterson-UTI Energy has reported that for the month of July 2017, the company had an average of 162 drilling rigs operating, including 159 in the U.S. and three rigs in Canada. F.........
see more >>NEW YORK (Bloomberg) --Oil edged higher as traders weighed a decline in U.S. crude stockpiles with an unexpected increase in gasoline supplies. Futures closed 0.8% up, after swinging between.........
see more >>NEW YORK, Aug. 7 (Xinhua) -- Oil prices fell on Monday as investors were concerned that major oil exporters output cut deal may not be effective enough. The West Texas Intermediate for Septe.........
see more >>HOUSTON -- Houston-based GATE Energy announces the acquisition of PDI Solutions, LLC, headquartered in Schriever, La. PDI Solutions is a leading provider of a wide array of services in the o.........
see more >>NEW YORK, Aug. 3 (Xinhua) -- Oil prices fell on Thursday as investors were concerned about output rise from the Organization of the Petroleum Exporting Countries offset. The West Texas Inter.........
see more >>HOUSTON (Bloomberg) --The magic of $50 oil is now in the sights of deep-sea drillers as they try to lure customer spending from shale wells on land. And after more than three years of pain, .........
see more >>HOUSTON and CARACAS (Bloomberg) --Venezuelas state-owned oil company and its partners have quietly started working on a Plan B to find markets for the countrys crude oil if the White House r.........
see more >>DUBAI (Bloomberg) --Saudi Arabia aims to sell about 5% of Saudi Aramco in an initial public offering next year, and stock exchanges from the UK to Japan are vying forwhat may be the worlds r.........
see more >>HOUSTON -- Talos Energy LLC, as operator, together with its joint venture partners Sierra Oil and Gas S. de R.L de C.V. and Premier Oil Plc, has announced that the Zama-1 exploration well, o.........
see more >>NEW YORK, July 27 (Xinhua) -- Oil prices continued to soar on Thursday amid falling U.S. inventories. The West Texas Intermediate for September Delivery added 0.29 dollar to settle at 49.04 .........
see more >>The Annual World Petroleum Equipment Congress cippe 2018 Petroleum ExhibitionHOT REGISTRATION Currently,the world petroleum development has enter a new developming situation, under the condi.........
see more >>NEW YORK, July 25 (Xinhua) -- Oil prices continued to surge on Tuesday as major crude producer Saudi Arabia pledged to cap its exports to help ease the global oversupply. The West Texas Inte.........
see more >>CALGARY (Reuters) -- Malaysian state-owned energy company Petronas will not proceed with a proposed C$36-billion ($28.8 billion) liquefied natural gas (LNG) project in western Canada because.........
see more >>MEXICO CITY (Reuters) -- Mexicos national oil company Pemex said on Monday that recent bond placements totaling about $5 billion would cover its minimum financing needs through the end of 20.........
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