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Oil Rally Stumbles on Fears Hedge Fund Buying Spree Went Too Farby  Bloomberg|Jessica Summers|Tuesday, January 16, 2018TweetinShare5  (Bloomberg) -- Oil reversed course as a record crude-buying spree by hedge funds spurred concern that prices may be due for a correction after hitting three-year highs.Futures in New York slipped 0.9 percent on Tuesday, ending a five-day rally, while prices in London slid to the lowest in a week. Hedge funds last week boosted their bullish bets on crude to record levels, according to the U.S. Commodity Futures Trading Commission and ICE Futures Europe. Now traders are weighing signs crude may be overbought."Typically when the boat gets tipped greatly to one side, like it is right now, you get a reversal," said John Kilduf...
发布时间: 2018 - 01 - 17
E. Coast Refiner Shuns Bakken Delivery As Dakota Access Pipeline Starts  by Reuters|Jarrett Renshaw|Wednesday, April 19, 2017      $(function () {  // Tabs  $('#jTabs').tabs();  });                          Tweet    !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=...
发布时间: 2017 - 04 - 21
Oil Retreats, Set to Become 1Q's Worst-Performing Assetby Reuters|Jessica Resnick-Ault|Friday, March 31, 2017 Tweet inShare4NEW YORK, March 31 (Reuters) - Oil prices fell on Friday after a three-day rally ran out of steam as a higher U.S. rig count signaled rising production from shale, contributing to the global supply glut.Prices have been locked within a range during the first quarter as traders searched for signals that the Organization of the Petroleum Exporting Countries' production cuts are effective or that U.S. production is continui...
发布时间: 2017 - 04 - 01
Novak: Energy Mix Rebalancing, But Russia Remains Hydrocarbon Championby Deon Daugherty|Rigzone Staff|Monday, March 06, 2017 Tweet inShare25Alexander Novak, Russia's Energy Minister, tells standing-room crowd at CERAWeek that natural gas is key to resolving climate change problems; global cooperation is crucial. It is indeed a broad debate – whether the era of hydrocarbons is passing away – but Russian Energy Minister Alexander Novak remains “a champion of hydrocarbons.”Speaking in his native language, Novak communicated through a translator...
发布时间: 2017 - 03 - 20
Facilities Ops Specialists in Demand in Middle East  by Matthew V. Veazey|Rigzone Staff|Thursday, March 16, 2017      $(function () {  // Tabs  $('#jTabs').tabs();  });                          Tweet    !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+'://platfor...
发布时间: 2017 - 03 - 17
Oil, Gas CEOs Optimistic about Future of E&P in North Americaby Valerie Jones|Rigzone Staff|Friday, March 10, 2017 Tweet inShare0Pictured (l-r) are Harold Hamm, CEO, Continental Resources; Jeff Ventura, CEO, Range Resources; and Al Walker, CEO, Anadarko.What a difference a year makes.The tone of this year’s CERAWeek by IHS Markit conference reflected the attitude and mindset shift of many in the oil and gas industry. There was more talk of E&P (exploration and production) activity and they were welcomed conversations following the har...
发布时间: 2017 - 03 - 13
ONGC Said to See Spending Plans Curtailed by Potential Mergerby Bloomberg|Debjit Chakraborty & Saket Sundria|Thursday, March 02, 2017TweetinShare1 India's plan to push its top oil producer to fund a takeover of a state refining company may threaten some near-term investments.(Bloomberg) -- India’s plan to push its top oil producer to fund a takeover of a state refining company may threaten some near-term investments including a plan to revive a long-delayed development project aimed at cutting the nation’s energy imports, according to company officials with knowledge of its finances....
发布时间: 2017 - 03 - 03
Watchdog: Cost Cuts Appear To Harm Norway Oil Industry Safetyby Reuters|Nerijus Adomaitis|Monday, February 20, 2017TweetinShare3 OSLO, Feb 20 (Reuters) - Cost cuts by Norway's oil and gas industry appear to have contributed to a rise in accidents in recent years, the head of the country's Petroleum Safety Authority (PSA) said on Monday.Oil firms have slashed spending since 2014 in a bid to stay profitable at a time when the price of crude has fallen by more than 50 percent."In summary, we see that developments over the past two years have been characterised by security challenges an...
发布时间: 2017 - 02 - 21
New Oil, Gas Technology Center Opens in Aberdeenby Andreas Exarheas|Rigzone Staff|Friday, February 10, 2017TweetinShare81 A new $225 million Oil & Gas Technology Center opens in Aberdeen, which aims to become the 'go to' place for oil and gas technology in the UK and internationally.A new $225 million (GBP 180 million) Oil & Gas Technology Center (OGTC) has opened in Aberdeen, which aims to become the ‘go to’ place for oil and gas technology in the UK, and internationally, according to an OGTC spokesperson.The center, which was described as a core part of the $312 million (GBP 25...
发布时间: 2017 - 02 - 14
Oil Prices Edge Up On Short Covering; Gasoline Jumpsby Reuters|Devika Krishna Kumar|Wednesday, February 08, 2017TweetinShare NEW YORK, Feb 8 (Reuters) - Oil prices rose slightly on Wednesday as investors covered short positions after a rise in U.S. crude inventories was not as massive as many had feared, while gasoline futures jumped 4 percent after a surprise decline in inventories of the fuel.U.S. crude stocks rose by 13.8 million barrels in the week to Feb. 3 as refineries cut output, while gasoline stocks decreased, the Energy Information Administration said.The surge in crude stocks...
发布时间: 2017 - 02 - 09
Diamond Offshore Sees Recovery when Oil "Well Over $60"by Reuters|Monday, February 06, 2017TweetinShare3 Feb 6 (Reuters) - Rig contractor Diamond Offshore Drilling Inc's Chief Executive Officer Marc Edwards said on Monday oil prices needed to be "well over $60" to spur a recovery in offshore drilling.The company's shares reversed course and were down 2.3 percent at $16.67, with investors shrugging off a beat on quarterly profit and revenue.Global benchmark Brent crude prices have stabilized after a more than two-year slump, with prices hovering around $55 per barrel.&...
发布时间: 2017 - 02 - 07
NEWSSEARCH ARTICLESSUBSCRIBEUS House Repeals Methane Venting and Flaring Rule on Oil, Gas Industryby Deon Daugherty|Rigzone Staff|Friday, February 03, 2017TweetinShare6 Measure sought by oil and gas producers revokes Obama Administration provision that industry leaders say restricts drilling and costs jobs.True to its word, the U.S. House has repealed a contentious rule leftover from the Obama Administration imposing regulations on methane emissions from oil and gas operations.The chamber started the Congressional Review Act (CRA), which allows Congress to revoke certain legislative...
发布时间: 2017 - 02 - 04
Ideal Employer Survey: Africa Values Safety the Mostby Andreas Exarheas|Rigzone Staff|Monday, January 16, 2017TweetinShare126 Out of all the continents featured in Rigzone's Ideal Employer Survey, respondents from Africa valued safety the most.Africa values an oil and gas company’s commitment to health and safety (H&S) more than any other continent, according to Rigzone’s Ideal Employer Survey.The survey, which included a total of 8,466 participants, showed that respondents from Africa scored an energy firm’s commitment to H&S at 93 percent. In comparison, respondents from S...
发布时间: 2017 - 01 - 17
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