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U.S. refineries running at near-record highs


For the week ending July 6, 2018, the four-week average of U.S. gross refinery inputs surpassed 18 million barrels per day (b/d) for the first time on record. U.S. refineries are running at record levels in response to robust domestic

Don’t Look Now, But the Gulf of Mexico Jackup Market is Doing Pretty Well


At first glance, it would be difficult to view a region with just 27 jackups and only 12 of those contracted as warranting any special attention. However, a deeper dive into the numbers shows that the US Gulf of Mexico

Santos Accelerates Cooper Basin Natural Gas Development With Fourth Rig


Santos is pleased to announce a fourth rig, the Ensign 965, has started operations in the Cooper Basin, as the

Oil and gas exploration activities in Somaliland


Somaliland – a country in the horn of Africa – has become a hotspot in oil and gas exploration activities

PetroChina Is Said to Mull Suspending U.S. LNG Purchases


PetroChina Co. may temporarily halt purchases of U.S. liquefied natural gas spot cargoes through the winter to avoid potential tariffs

Heavy oils from 570 mn year old rock beds discovered


Monetization of heavy oil discovered from the oldest sedimentary rock of Rajasthan now seems a reality with trials for producing

First Full Year Of Gas Business Drives Record Financial Results


• Net profit after tax of $27.0 million up from loss of $12.3 million

• Significant items of $17.2 million including

Texas original drilling permits increase by 14% in July


Texas issued a total of 1,153 original drilling permits in July, compared to 1,011 in July 2017, according to the

Oil edges lower as Cushing build adds to demand fears

Oil prices fell on Monday after data suggested inventories at the U.S. crude delivery hub rose in the latest

Workers at Total North Sea oil platforms start 12-hour strike


Workers at three of Total’s North Sea oil and gas platforms began a 12-hour strike at 1100 GMT on Monday,

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