Devon says will deal with gas issues before bringing wells online
U.S.-based Devon Energy Corp will not bring oil wells online unless it has the capacity to deal with the gas byproducts, Chief Executive David Hager told a conference on Wednesday.
Iran's Oil Woes Rekindle Hedge Fund Optimism on Price Rally
A looming shortage of Iranian oil supplies has hedge funds switching gears.
Brent Crude Nears Two-Month High as Iran Ships Least Since 2016
Oil rose to the highest in almost two months in London as Iranian crude exports tumble, with Asian buyers taking fewer cargoes from the Middle Eastern nation weeks before U.S. sanctions take full effect.
Oil prices higher as U.S. sanctions limit Iran exports
Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November, but gains were limited by higher supply from OPEC and the United States.
U.S. energy companies fume over rejected steel tariff exemptions
The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration.
Now you see it, now you don't: oil surplus vanishes ahead of Iran deadline
An overhang of homeless crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to U.S. sanctions and a new rally in prices.
Enbridge to buy Spectra Energy for $3.3 billion
Enbridge Inc, Canada’s largest pipeline operator, said on Friday it would buy its U.S. master limited partnership Spectra Energy Partners for a sweetened deal of $3.3 billion.
U.S. softens stance on NAFTA sunset clause: Mexican official
Mexico’s incoming trade negotiator said on Saturday that the United States, in talks to revamp the North American Free Trade Agreement, had softened its position on a “sunset clause” that would force a renegotiation of the deal every five years.
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