IT BEGINS! OPEC officials have started their Vienna meetings over supply cuts which will extend into Saturday.
…And Oil Goes Lower. Prices trended downward as the industry continues biting its nails over the OPEC meeting.
GE Locking Arms With Baker Hughes? Apparently both companies are discussing a parntership as more and more oilfield companies are partnering together but talks might not be so simple.
Nigeria Says “Enough Is Enough” With Oil Attacks. The Nigerian National Petroleum Corp. says it will be cooridinating with the country’s national police force to combat “incessant” attacks on oil and gas facilities.
Leave Arctic Oil Alone? Advocacy groups across the U.S. are sending a message to officials that oil underneath the Arctic Ocean should stay there. Naturally, energy officials think otherwise.
Dakota Access Protestors Get The Boot. Police say 141 people were arrested in a dramatic confrontation between protestors and law enforcement.
Bracing For Third Quarter Results? Major oil companies aren’t exactly off to a strong start for the latest batch of reports, so why are some analysts not terribly worried?
Canada Looks To Exxon’s Pacific LNG? Exxon’s approach to working to merge LNG projects might serve as a model for somewhat similar efforts in Canada, as the country has at least 20 projects in their proposal stages.
PetroChina Posts Losses. Oil, gas, and refinery production all dropped for the company which saw a 77 percent decline in third-quarter profit.
Cost-Cutting Goes Well For Total. Meanwhile, Total posted better-than-expected profits during the third quarter but still at a 25 percent reduction from the same period a year ago.