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Halliburton: Oil prices not yet bringing global rebound![]() ![]() Washington DC (UPI) Jan 23, 2017 Though North America is responding quickly to higher oil prices, it's a global market and the rest of the world is still catching up, Halliburton's CEO said. U.S. shale oil operations have proven more resilient to lower crude oil prices than initially expected, with early 2017 production estimates from the federal government reversing course to show expected gains for the year. While lower crude oil prices last year meant lower spending on exploration and production, the side of the energy sect ... read more |
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![]() European regulators may be standing in the way of their own regional energy security with their stance against a gas pipeline, Russia's Gazprom said. ... more ![]() ![]() China sentenced a former president of state-run energy giant Sinopec to 15 and a half years for corruption Tuesday, official media said, the latest punishment meted out to a prominent figure in the graft-riddled oil sector. ... more ![]() ![]() Higher oil prices have led to a reversal of sorts, with improved economics for U.S. shale producers bringing retail gas prices lower, a market review found. ... more ![]() ![]() Crude oil prices recovered some lost ground in early trading Tuesday as investors weighed OPEC cuts against U.S. oil market dynamics. ... more |
Previous Issues | Jan 25 | Jan 24 | Jan 23 | Jan 22 | Jan 20 |
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![]() North Sea producer EnQuest said it was playing to its strength of getting more out of mature basins by grabbing a stake in an oil field from BP. ... more ![]() ![]() NATO chief Jens Stoltenberg on Tuesday called for boosting security cooperation with the Gulf states as the Western military alliance opened its first office in the region. ... more ![]() ![]() Operations in the Kurdish north of Iraq can proceed in earnest on the back of consistent payments from the regional government, Genel Energy said. ... more ![]() ![]() US President Donald Trump will approve two controversial oil pipelines by executive order Tuesday, US media reported. ... more ![]() ![]() US President Donald Trump issued an executive order on Tuesday to revive two controversial pipeline projects, reversing the policy of his predecessor Barack Obama. ... more |
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![]() ![]() Oil state of Texas still facing some economic pressures ![]() ![]() The UN Security Council stepped up calls Monday for regional troops in South Sudan, to help a UN contingent already there stem ongoing violence and stave off a brewing humanitarian crisis. ... more ![]() ![]() Australian oil and gas explorer FAR Ltd., which has a strong African footprint, said new drilling started in a survey of a bright spot off the coast of Senegal. ... more |
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