Death Toll Reaches 60 In Nigerian Oil Pipeline Fire

The System 2E pipeline is a key network that supplies imported gasoline and output from the Port Harcourt refineries to much of the southeast and north of the country.

Occidental Decides Not To Pursue Contract Extension For Project Offshore Qatar

Occidental Petroleum Corp. (NYSE:OXY) said on Oct. 15 it will not pursue an extension for the Idd El-Sharghi North Dome (ISND) Field offshore Qatar, which is set to expire in October 2019, the company said in a news release.

Iranian Crude Exports Fall Further As Trump's Sanctions Loom

Turkey and Italy are the last buyers of Iranian crude outside China, India and the Middle East, according to tanker data and an industry source, the latest sign that shipments are taking a major hit from looming U.S. sanctions.

Aker BP To Buy Equinor Gas, Condensate Discovery For $250 Million

The North Sea discovery has estimated reserves of 77 million barrels of oil equivalents, and by connecting it to existing production facilities at the Ula Field, Aker BP expects the acquisition to add more than 100 million barrels in total.

Hurricane FPSO Leaves Dubai After Upgrade, Shetlands First Oil Seen In H1

Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a risky way to obtain crude.

Australia's Tap Oil Names Chris Newton As Chairman

Chris Newton has been appointed chairman of Tap Oil, effective immediately, the company said Oct. 15.

Oil Prices Rise On Saudi Tension; Demand Outlook Drags

Crude oil futures rose on Oct. 15 as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked supply worries, though concerns over the long-term demand outlook dragged on prices.

Japan's Kyushu Electric Restricts Renewable Energy Supplies For First Time

Japan's Kyushu Electric Power Co said on Oct. 15 it restricted third-party solar power supplies over the weekend, marking the first time a Japanese utility has curbed the use of renewable energy to avoid a sudden blackout.

Britain Asks Experts To Advise On Net Zero Emissions Climate Target

Britain has asked its climate change experts to advise on whether it should set a date to meet a net zero emissions target, the government said on Oct. 15.

First Unmanned Platform On Norwegian Continental Shelf Comes Onstream

The Oseberg Vestflanken 2 field in the North Sea came onstream on Oct. 14

Spanish Oil Company Cepsa Postpones Bumper IPO, Blames Market Rout

Spain's Cepsa postponed what would have been the largest oil company listing in a decade on Oct. 15, the latest IPO to succumb to a global selloff in equity markets.

US Gulf Of Mexico Oil, Gas Output Returning To Normal Post Storm

U.S. Gulf of Mexico oil and gas production is returning to near normal levels after Hurricane Michael made landfall on the Florida Panhandle last week, data from an offshore regulator showed on Oct. 13, with oil output off 19% and natural gas production down less than 10%.

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