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LONDON, Jan 17- Algeria's In Amenas field, where Islamist fighters seized dozens of foreign workers this week, is at the heart of an oil and gas region that has attracted international firms in recent years partly because of its military-style security.
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LONDON, Jan 17- Algeria's In Amenas field, where Islamist fighters seized dozens of foreign workers this week, is at the heart of an oil and gas region that has attracted international firms in recent years partly because of its military-style security.
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*BNP Paribas, Standard Chartered, Natixis among lenders. LAGOS, Jan 8- Nigeria's state-owned oil company NNPC is borrowing from at least 10 banks and using revenue from oil production to help clear a long-overdue $3.5 billion debt owed to foreign fuel traders, a banking source close to the deal said on Tuesday.
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NEW YORK, Jan 7- Brent crude oil prices were steady above $111 a barrel on Monday while U.S. crude futures edged higher, cutting the spread between the two benchmarks by a penny to its narrowest since September as a U.S. pipeline expansion project neared completion.
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OSLO, Jan 7- Lying at the bottom of a giant water-filled pit in western Norway, a thousand-tonne gas compressor is humming along, going through gruelling tests as engineers prepare it to change oil and gas production for good.
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ANCHORAGE, Alaska, Jan 7- A recovery team has refloated a Shell oil drilling rig that ran aground last week near an Alaska island and stands ready to start towing it on Monday, weather permitting.
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NEW YORK, Jan 7- Brent crude oil prices slipped toward $111 a barrel on Monday while the U.S. futures contract held firm, narrowing the spread between the two benchmarks to the lowest level since September as traders eyed the anticipated start-up of a Midwest pipeline.
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An oil drilling rig owned by Royal Dutch Shell ran aground in Alaska after drifting in stormy weather, highlighting the serious risks of working in an offshore region where some in the industry see huge potential.
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ANCHORAGE, Alaska, Jan 1- An oil drilling rig owned by Royal Dutch Shell Plc ran aground in Alaska after drifting in stormy weather, highlighting the serious risks of working in an offshore region where some in the industry see huge potential.
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*Iran average monthly exports higher in Jul-Oct vs H1. DUBAI/ GENEVA, Dec 20- Iran is becoming increasingly creative in dodging Western sanctions, managing to sell a rising volume of fuel oil to generate revenue equal to up to a third of its crude exports, which have been badly hit by restrictions.
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Dec 14- Schlumberger Ltd, the world's top oilfield services company, said on Friday its fourth-quarter earnings would be hurt by weaker-than-expected drilling activity in North America and contract delays in Europe and Africa. Schlumberger estimated the slowdown will hurt its earnings by 5 cents to 7 cents per share in the fourth quarter.
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LONDON, Dec 14- Her Majesty Queen Elizabeth II could be in line for a windfall now that her government is prepared to start granting licences to frack for shale gas again.
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*LNG day-rates forecast down at $100,000 in 2015. LONDON, Dec 12- Gas tanker owners face falling profits over the next few years as delays to Australian gas project leave new ships unemployed, though the tankers will earn more than other commercial vessels at least until 2016, brokers and analysts said.
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*New licence round "depends on situation in Libya". TRIPOLI, Dec 9- Libya could proceed with a new round of oil exploration and production agreements in the current transitional period but the priority for now is to maintain pre-war output levels and future targets, the OPEC member's new oil minister told Reuters.
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*Vessels appear to mask other ships' voyages to Syria, Libya. LONDON/ DUBAI, Dec 6- Iranian oil tankers are sending incorrect satellite signals that confuse global tracking systems and appear to conceal voyages made by other ships to Syria, which, like Iran, is subject to international sanctions.
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BEIJING, Dec 6- Big state Chinese power firms, such as the Huadian Group and top coal producer the Shenhua Group, have been named among the winners of the country's second shale gas auction, the Ministry of Land and Resources announced on Thursday.
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*China to announce tender winners soon. BEIJING, Dec 4- Non-oil companies may have won most of the blocks offered in China's second shale gas auction, media and industry officials say, which may mean lucrative opportunities for service companies such as Schlumberger, Halliburton and China's Anton Oilfield Services Group.
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*Oil executives say Gabon demanding tougher terms, back-tax claims. LONDON, Dec 3- Gabon is seeking to squeeze more money out of foreign oil companies operating in the country, executives say, potentially damping enthusiasm for a long-awaited deepwater licensing round due next year.
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OptionMonster’s tracking systems detected a giant upside trade in SM Energy, the wildcat oil company, which operates in Texas, Louisiana, and the Rockies.
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President Obama has said the U.S. has a supply of natural gas to last nearly 100 years. But it turns out geologists and other researchers disagree on that supply figure, which has huge implications for America's energy policy.