ConocoPhillips COP recently completed the divestment of northern Australia and Timor-Leste assets to Australian oil and gas company Santos under a revised deal. ConocoPhillips intends…
View More ConocoPhillips Closes Australian Asset Divestment to SantosMonth: May 2020
Oil drops as surprise U.S. stock build douses demand recovery hopes
Oil prices slid for a second consecutive session on Thursday as U.S. industry data showed a steep and surprising build-up in crude stockpiles, dampening hopes…
View More Oil drops as surprise U.S. stock build douses demand recovery hopesOil dips on surprise U.S. inventory build
Oil futures moved lower on Thursday after industry data showed a surprise increase in U.S. crude stocks, which offset hopes for a demand recovery as…
View More Oil dips on surprise U.S. inventory buildConocoPhillips sells Australian business to Santos for nearly $1.4B
ConocoPhillips has completed the sale of its northern Australian business to Santos for $1.39 billion, a major boost to the company’s balance sheet during the…
View More ConocoPhillips sells Australian business to Santos for nearly $1.4BUS shale oil slump tipped to last years
American shale drillers helped turn the US into the worlds top oil producer, topping 13 million barrels a day earlier this year. It likely will…
View More US shale oil slump tipped to last yearsAustralia shows how policy can stifle renewable energy future: Russell
But the current debate in Australia over energy policy and emissions shows that in the absence of supportive, or even neutral, government policies, achieving the…
View More Australia shows how policy can stifle renewable energy future: RussellExpanding Qatar to take LNG lead
Australia is set to lose its status as the worlds top LNG exporter after rival Qatar declared it would proceed with a huge low-cost expansion,…
View More Expanding Qatar to take LNG leadReal risk of relapse in oil price
Oil market watchers are warning the recovery may have been too fast, too soon and will only tempt a backslide in output cutbacks.
View More Real risk of relapse in oil priceFINANCE VIDEO: Empire Energy (ASX:EEG) MD Alex Underwood – 13 Trillion Cubic Feet of Gas in the Northern Territory
FINANCE VIDEO: Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) MD Alex Underwood speaks with Julian Malnic about the independently assessed shale …
View More FINANCE VIDEO: Empire Energy (ASX:EEG) MD Alex Underwood – 13 Trillion Cubic Feet of Gas in the Northern TerritoryNon-OPEC oil supply development
OPEC oil supply continued to increase by 2.0 mb/d in 2019, driven by US shale production, which rose by 1.7 mb/d, amounting to 84% of…
View More Non-OPEC oil supply development