The Top 10 Stories You Need To Know About Today In O&G
It is 8am in Houston, 2pm in London, 5pm in Dubai, and 10pm in Singapore. And here are the top O&G news stories for today, Wednesday, Sep. 7, 2016.
Oil Prices Edge Up Amidst Doubts. Oil prices saw a bump Wednesday morning but gains have been kept in check by continued worries over the likelihood of a production curb by oil producers. [Reuters]
Will ExxonMobil Face Fines For Climate Change Controversy? While Exxon continues denying charges it allegedly mislead the public on climate change, speculation still grows over the situation and where things might end up. [Bloomberg]
Offshore Leasing Goes Digital In U.S. Leaders in the U.S. House of Representatives passed a measure moving offshore oil and gas leasing to the internet. [UPI]
World's Biggest Crude Buyers Make Cuts The Giants Won't. The top five Asian suppliers forecast to cut more than 8 percent by 2017, while action from OPEC remain uncertain.[Bloomberg]
Iranian President Wants To Make Up For Lost Time. While the Iranian president supports OPEC's efforts to stabilize the oil market, he nonetheless believes it's imperative for the nation to restore production lost during years of sanctions. [Bloomberg]
Carnival To Deploy LNG-Powered Cruise Ship. Carnival Corporation says its new ships built for its cruise line will be the first LNG-powered cruise ship based in North America.[Travel Pulse]
Work Halted On Portion of North Dakota Pipeline. The controversial Dakota Access pipeline will have work paused on some, but not all, parts of North Dakota.
Russia Considers LNG Supplies To Bahrain. Officials in both countries agreed to expand cooperation in LNG supplies, calling it an agreement of "mutual interest."
Azerbaijan Interested in Pakistan's LNG Tender. Azerbaijan joins the list of companies interested in one of two international tenders for LNG. [Trend News]
Apache Has High Hopes For New Oil Discovery In Texas. Energy company says firm overlooked Alpine High area which could hold billions of barrels of oil. [The Wall Street Journal]
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