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Oil and Gas Oil and Gas Exploration

  • Options traders are betting on big moves in energy and a tech stock

    Jon and Pete Najarian spot some bearish put buying in the S&P Oil & Gas ETF & call activity in Qualcomm.

  • WASHINGTON, Nov 15- Oil drilling in a vast Alaskan wildlife refuge moved a step closer to reality on Wednesday after the U.S. Senate energy and natural resources panel voted 13-10 to open part of the reserve coveted by conservationists. Republicans, who control Congress and the White House, have long wanted to prise open a portion of the Arctic National Wildlife...

  • WASHINGTON, Nov 15- Oil drilling in a vast Alaskan wildlife refuge could move a step closer to reality on Wednesday as a Senate panel votes to open part of the reserve coveted by conservationists. Republicans, who control Congress and the White House, have long wanted to prise open a portion of the Arctic National Wildlife Refuge on the north coast known as the 1002...

  • A man looks as the world's biggest Liquefied Natural Gas (LNG) tanker DUHAIL as she crosses through the Suez Canal. The Qatari tanker, which was built to transfer LNG from Qatar to Europe and the U.S., is on her first trip ever from Qatar to Spain.

    A global liquefied natural gas (LNG) supply glut may soon be offset by a rapid uptick in demand, Oil Search CEO Peter Botten said Wednesday.

  • WASHINGTON, Nov 14- British primatologist Jane Goodall sent a letter to every U.S. senator on Tuesday urging them to oppose a push in the U.S. Congress to allow oil drilling in Alaska's Arctic National Wildlife Refuge, a region environmentalists say is one of the world's last paradises. The Senate energy committee on Wednesday will consider a bill spurred by...

  • WASHINGTON, Nov 14- British primatologist Jane Goodall sent a letter to every U.S. senator on Tuesday urging them to oppose a push in the U.S. Congress to allow oil drilling in Alaska's Arctic National Wildlife Refuge, a region environmentalists say is one of the world's last paradises. The Senate energy committee on Wednesday will consider a bill spurred by...

  • *Case is first of its kind in Norway. OSLO, Nov 14- Norway's plan for Arctic oil exploration is unconstitutional because it violates the right to a healthy environment, a lawyer for Greenpeace and the Nature and Youth environmental group told an Oslo court on Tuesday. The case is the first of its kind in Norway and says a 2015 oil licensing round in the Arctic that gave...

  • OSLO, Nov 14- Norway's plans for Arctic oil exploration are unconstitutional and should be stopped, an Oslo court was told on Tuesday. The case, brought by Greenpeace and the Nature and Youth group, argues that a 2015 oil licensing round in the Arctic violates the Norwegian Constitution because Oslo has agreed to the Paris accord's goals to end the fossil fuel era...

  • *Middle East tensions raise risk of supply disruptions. SINGAPORE, Nov 13- Oil trading was cautious on Monday amid ongoing tensions in the Middle East and after a rising rig count in the United States suggested producers there are preparing to increase output. Traders said crude prices were generally well supported as ongoing output cuts led by the...

  • NEW YORK, Nov 9- A group of 37 U.S.-based scientists whose research focuses on Arctic wildlife asked two U.S. senators in a letter on Thursday not to open the National Arctic Wildlife Refuge to oil and gas exploration, according to a copy seen by Reuters. The scientists, including several retired former officials from the Alaska Department of Fish& Game, the U.S....

  • NEW YORK, Nov 9- A group of 37 U.S.-based scientists whose research focuses on Arctic wildlife asked two U.S. senators in a letter on Thursday not to open the National Arctic Wildlife Refuge to oil and gas exploration, according to a copy seen by Reuters. The scientists, including several retired former officials from the Alaska Department of Fish& Game, the U.S....

  • PENANG, Malaysia/ TOKYO, Nov 9- Japan's biggest oil and gas explorer Inpex Corp plans to ship its first cargo of condensate from its Ichthys project offshore Australia in February or March, said two industry sources familiar with the matter. Inpex has sent shipping schedules to potential buyers showing loadings for February and March from the project located...

  • PENANG, Malaysia/ TOKYO, Nov 9- Japan's biggest oil and gas explorer Inpex Corp plans to ship its first cargo of condensate from its Ichthys project offshore Australia in February or March, two industry sources familiar with the matter said this week. Inpex has sent shipping schedules to potential buyers showing loadings for February and March from the project...

  • SAO PAULO, Nov 7- Brazil's state-run oil company Petroleo Brasileiro SA said a federal court lifted an injunction related to the sale of its stakes in projects on the Iara and Lapa oil exploration areas, according to a statement on Tuesday. The injunction was blocking the sale of a 22.5 percent stake in the Iara field and a 35 percent stake in the Lapa field to Total...

  • LONDON, Nov 1- North Sea producer Chrysaor plans to begin drilling for oil and gas in early 2018 after completing a $3 billion acquisition from Royal Dutch Shell, Chrysaor Chairman Linda Cook said on Wednesday. Chrysaor became the largest independent oil and gas producer in the Britain's North Sea following the deal, as new private equity-backed firms...

  • Oil workers make a pipe connection on a drilling rig near Encinal, Texas.

    The oil market will be under pressure from this issue going into the winter months, says trader Anthony Grisanti.

  • CALGARY, Alberta, Oct 27- Canada's largest oil rig contractor, Precision Drilling Corp, reported a smaller-than-expected quarterly loss on Friday as North American drilling activity picked up on higher crude prices. Brent crude prices have strengthened since the summer and are hovering near $60, benefiting from OPEC- led output cuts and a fall in U.S....

  • OIL DRILLING RIG COUNT DROPS BY THE MOST IN A MONTH SINCE MAY 2016- BAKER HUGHES.

  • WASHINGTON, Oct 25- U.S. Commerce Department Secretary Wilbur Ross sent a report to the White House on Wednesday containing recommendations on whether to change the boundaries of 11 marine sanctuaries to allow more oil and gas drilling, but the report was not made public. "The report is currently undergoing inter-agency review," a Commerce Department spokesman...

  • Amin al-Nasser, Chief Executive of state oil company Saudi Aramco.

    Aramco says it's on track for an 2018 IPO. Here's why "the timing is all wrong," says trader Anthony Grisanti.