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Oil rises, paring sixth weekly loss on expectation of OPEC cuts

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By Tsuyoshi Inajima and Grant Smith on 11/16/2018 TOKYO and LONDON (Bloomberg) — Oil rose, paring a sixth weekly loss, amid growing confidence that OPEC and its partners will reduce production to avert a glut next year.  Futures in New York rose 1.8% Friday, trimming the weekly drop to 4.6%. With OPEC seeing waning demand Read More

Iraq restarts exports of Kirkuk crude oil through Ceyhan pipeline: sources

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Tokyo — Japan’s Inpex said Friday that its operated Ichthys onshore gas liquefaction plant in Darwin, northwest Australia, has started loading its first shipment of LPG, destined to an Asian buyer. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The announcement comes after S&P Global Platts reported Thursday that Read More

The Wolfcamp play has been key to Permian Basin oil and natural gas production growth

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November 16, 2018 Source: U.S. Energy Information Administration, based on DrillingInfo Increased oil and natural gas development in the Wolfcamp play has helped drive overall crude oil and natural gas production growth in the Permian Basin during the past decade. Drilling and completion operations within the Wolfcamp play have been responsible for much of the Read More

Australia's Ichthys project starts up LPG shipment: Japan's Inpex

5 hours ago DieselGasoil Comments Off on Australia's Ichthys project starts up LPG shipment: Japan's Inpex
Tokyo — Japan’s Inpex said Friday that its operated Ichthys onshore gas liquefaction plant in Darwin, northwest Australia, has started loading its first shipment of LPG, destined to an Asian buyer. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The announcement comes after S&P Global Platts reported Thursday that Read More

Questerre Doubles Kakwa Land Position

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THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Nov. 16, 2018 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that it has completed a major expansion of its core acreage in the Kakwa Read More

Questerre reports third quarter 2018 results

14 hours ago DieselGasoil Comments Off on Questerre reports third quarter 2018 results
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICATO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Nov. 15, 2018 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the third quarter ended September 30, 2018. Read More

Citi says oil's record plunge is a U.S. phenomenon

1 day ago DieselGasoil Comments Off on Citi says oil's record plunge is a U.S. phenomenon
By Dan Murtaugh on 11/15/2018 SINGAPORE (Bloomberg) — American fingerprints are all over oil’s record losing streak that’s plunged prices into a bear market.  The State Department’s zigzag on Iran sanctions, President Donald Trump’s tweets about OPEC supply, the demand-sapping trade war with China and the explosion of shale oil production are all key factors Read More

Madalena Announces Q3 ‐ 2018 Results and Operational Update

2 days ago DieselGasoil Comments Off on Madalena Announces Q3 ‐ 2018 Results and Operational Update
(All dollar figures are expressed in United States dollars unless otherwise stated) BUENOS AIRES, Argentina, Nov. 14, 2018 (GLOBE NEWSWIRE) — Madalena Energy Inc. (“Madalena” or the “Company”) (TSXV: MVN and OTCQX: MDLNF) announces its operating and financial results for the three and nine months ended September 30, 2018.  Selected information is outlined below and Read More