News

CNBC Energy

Russia and Saudis push for big oil output hike at OPEC meeting despite opposition
OPEC heavyweights including Iran and Iraq have opposed such a move.

A dangerous dot-com era phenomenon is back and it's going to inflict pain, Jim Paulsen warns
Too many investors are mistakenly leaving defensive names for dead, according to a new Leuthold Group research note.

Trump's tweets 'seemingly' switched Saudi Arabia's production policy, RBC's Helima Croft says
OPEC kingpin Saudi Arabia appears to have altered its approach to oil production in the wake of repeated Twitter attacks from President Donald Trump, RBC's Helima Croft told CNBC.

US crude falls 1.2%, settling at $65.07, on US-China trade dispute, OPEC supply outlook
Oil fell on Tuesday amid an escalating trade dispute between the United States and China.

China tariffs could halt surging US crude oil exports to a huge growth market
China has emerged as the biggest Asian market for U.S. crude, but Beijing's tariffs could halt the purchases.

WorldOil

SDX Energy reports gas discovery in Egypt's South Disouq Concession
SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its SD-4X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).

Wintershall awarded new acreage in Norway's 24th licensing round
Wintershall Norge AS has announced that the company has been awarded new acreage in the 24th licensing round on the Norwegian Continental Shelf (NCS).

Equinor awards light well intervention contract to Akofs
Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025.