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Petroleumworld Top Headlines
Stories are not allways available on the Petroleumworld site after 90 days.

Top Headlines 2016


Top Headlines 2017


Oil majors on green light for acquisition as outlook turns positive

Reuters/G. Cabrera

Oil majors finding renew appetite for acquisitions after two year rout, targeting small explorers and developers to grow their oil and gas reserves and future production

Petroleumworld.com 01 19 2017

Tillerson finding U.S. Senate confirmation tougher than thought-Trump

The New York Times / Doug Mills

Rex W. Tillerson, the nominee for secretary of state, at his Senate confirmation hearing. "I think it's tougher than he thought," Trump told the crowd during a VIP dinner attended together Vice President-elect Mike Pence.

Petroleumworld.com 01 19 2017

With Exxon Mobil major discovery, Guyana is poised to become a top oil player

Exxon Mobil

Drill Shipp Stena Carron off the shore of Guyana. Experts are estimating there are billions of barrels of oil mixed with natural gas in the region.

Petroleumworld.com 01 18 2017

US, Cuba, Mexico to sign 'Doughnut Hole' deal in Gulf waters

The accord will cover the Eastern Gap of the Gulf of Mexico, an area believed to be rich in oil and gas deposits.

Petroleumworld.com 01 18 2017


China's output declining helping OPEC unintentionally

China's oil collapse seen production dropping as much as 7% this year

Petroleumworld.com 01 17 2017

PetroSaudi's and Venezuelan PDVSA JV shady & fraudulent deals

PETROSAUDI Saturn Discoverer drill ship. The Saturn contract allowed for a staggering $485,000 fee payable per day on a fixed contract for seven years – at least double the market rate.

Petroleumworld.com 01 17 2017


OPEC unlikely to deliver all promised oil cuts

Despite Saudi signals, "Compliance won't be 100 percent, it never is,"
said an OPEC source.

Petroleumworld.com 01 16 2017

Mexico's Maya crude sold to U.S. West Coast for first time since 2008

Pemex has for years sought to diversify its crude export markets away from U.S. Gulf Coast refiners

Petroleumworld.com 01 16 2017

Prices in 2017 $55-60, 2018 rise as downside risks fall-Kemp

See Survey: Reuters Oil outlook survey 2017-2021

Petroleumworld.com 01 13 2017

PDVSA foresee oil output in 2017 near historic lows

Russian Production & Stakes in Venezuelan Oil Projects. Even moderately higher oil prices in 2017 will not make much difference for Venezuela, a colossal government mismanagement in PDVSA E&P set Venezuela's oil production to historic lows in 2016.

Petroleumworld.com 01 13 2017

Brazil's Petrobras to invest $19 bln in 2017

Petrobras to regain its investment capacity

Petroleumworld.com 01 12 2017

Oil majors set for biggest production gains since start of decade

Big oil hits sweet spot as projects reap rewards of recovery

Petroleumworld.com 01 12 2017

Big Oil is poised to reap rewards this year as investments made before the crude-price slump pay off just as the recovery starts.


Argentina Vaca Muerta shale on new labor conditions to attract investment

Argentina clinches deal to attract investment in Vaca Muerta shale

Petroleumworld.com 01 11 2017

Pemex says protests cause 'critical' border city fuel shortage

Pemex ability to supply gas stations in Mexicali, had reached "critical levels" because of the blockade of its key local storage plant.

Petroleumworld.com 01 11 2017



United States, Cuba rush to sign oil spill deal before Trump takes office

Petroleumworld.com 01 10 2017

U.S. nuclear closure of Indian Point site points to economic meltdown

Reuters/Mike Segar

The Indian Point nuclear power plant in Buchanan, New York, is seen from across the Hudson River, April 6, 2010. Entergy Corp. canceled the planned spinoff of several of its nuclear power plants after hitting regulatory hurdles in New York.

Petroleumworld.com 01 10 2017


Iran exploit on OPEC oil cut to sell millions of barrels

Tasnim/Reza Halami

Iran capitalises has his exempted from OPEC output cut agreement looks to push into new European markets

Petroleumworld.com 01 09 2017

"No to the gasoline price hike, Pena out," protesters yelled as they marched in Mexico city

Reuters/Edgard Garrido

Protesters march during a demonstration against the rising prices of gasoline enforced by the Mexican government at downtown in Mexico City, Mexico, January 7, 2017. The sin reads, 'Out Pena. No more high prices of gasoline'.

Petroleumworld.com 01 09 2017


Venezuelan successfull oil negociator rewarded to focus in maddening PDVSA production

When Del Pino was appointed oil minister back in August 2015. His mission was simple
-- to persuade fellow OPEC members to reverse the market share strategy that had
been introduced by Saudi Arabia nine months earlier

Petroleumworld.com 01 06 2017

Peru to received an initial $8.9 mln from Odebrecht in bribery case

Odebrecht and Peru prosecutors strike initial deal in graft case

Petroleumworld.com 01 06 2017


Pena Nieto confirms Videgaray as Mexico's new foreign minister

Mexico names Trump's ‘Wonderful Man' as Foreign Minister

Petroleumworld.com 01 05 2017

Mexican gasolinazo gas price hike spurs looting, blockades as unrest spreads

Mexico wakes up to new year, new gas prices

Petroleumworld.com 01 05 2017

Moody's: Global oil, natural gas prices to remain volatile in 2017

Reuters/Sergei Karpukhin

Moody's Investors Service said in a press release that global oil and natural gas prices are expected to remain volatile again in 2017.

Petroleumworld.com 01 04 2017
- story

Analysts bullish on 2017 Natural Gas prices

Some analysts see bullish case on Mexico pipelines, LNG export

Petroleumworld.com 01 04 2017
- story

Renova Energia to sell brazilian wind farm to AES Corp for up to $214 million

Brazil's Renova to sell 386MW Alto Sertão II wind complex in the northeastern state of Bahia

Petroleumworld.com 01 03 2017
- story

29 international companies to bid for Iran oil, gas projects

Iran discloses giants eligible for new oil plans

Petroleumworld.com 01 03 2017
- story

Oil ends year down, but with largest annual percentage gain since 2009

Source: CME Group. 

Oil to face $60/barrel price cap in 2017 - Reuters poll

Petroleumworld.com 01 02 2017
- story

Iran and India eye a refinery deal in northern Brazil

Northern state of Maranhao offers 5,000-acre site for refinery (MA).
Petrobras plans refineries in
Bacabeira (Maranhao's State).

Petroleumworld.com 01 02 2017
- story









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