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

Top Headlines 2017 January/June

Top Headlines 2017 June/December

Top Headlines 2018 Jan- April

Top Headlines 2018 May - Jun

Top Headlines 2018 Jul -Ago - Sep

 

Top Headlines 2018 Oct -Ago - Dec

 

Global supply rose to 100.3 million barrels a day, world's daily oil & liquids record

Barani Krishnan/Reuters

World oil and liquids supply surpassed 100 million barrels a day for the first time

- 3Q production rises to 100.3 million barrels a day, IEA says
- OPEC, Americas and biofuels lead increases in global output

By Dan Murtaugh

SINGAPORE
Petroleumworld 10 12 2018

The world is pumping out more oil and other petroleum liquids than ever before.

YPF Energia Electrica in talks to sell stake to Asian Fund

ahorroenergetico.net


- Argentine oil company to sell 24.99 percent of YPF Luz
- Fund negotiating stake after Blackstone deal fell through

By Pablo Rosendo Gonzalez

BUENOS AIRES
Petroleumworld 10 12 2018

Trump is changing the global oil trade flows

Source: BP , Oil major trade movements 2017 – trade flows worldwide (million tonnes)

- China buys more African oil, less from U.S. amid trade spat
- Iran sanctions force Asian buyers to look elsewhere for supply

By Alex Longley and Bill Lehane

LONDON
Petroleumworld 10 11 2018

U.S. President Donald Trump is redirecting global oil flows.

U.S. EPA shakes up science panel that guides pollution rules

luke sharrett / bloomberg


- EPA Acting Administrator Andrew Wheeler announced “highly qualified.” five new members
- They are not active researchers and scientists in the field - Andrew Rosenberg, director of the Union of Concerned Scientists' Center for Science and Democracy.

By Jennifer A Dlouhy

WASHINGTON
Petroleumworld 10 11 2018

Oil market enters ‘Red Zone', IEA urges OPEC to open the taps


Video: Expensive energy is back, Fatih Birol says.

- Venezuelan output is in free-fall, Iran sinking: Fatih Birol
-
‘Expensive energy' is back when global economy already shaky By Javier Blas, Grant Smith, and Francine Lacqua

LONDON
Petroleumworld 10 10 2018

Oil trades beyond $74 on speculation Hurricane Michael may worsen supply risk


Michael to Hit Florida as a ‘Dangerous' Category 4 Hurricane

- IEA asks OPEC to increase output as market enters ‘red zone'
- WTI remains above $74 a barrel, after gaining 0.9% on Tuesday

By Heesu Lee

SEOUL
Petroleumworld 10 10 2018

 

 

Arriving piles of cash from big oil to skeptical investors

Rich Press/Bloomberg

Video: Demand for Oil Relatively Robust, Says JPMorgan's Darling

- Industry free cash flow to reach $175 billion in 2018: Rystad

- Investors still doubtful of pledges about spending discipline
By Kelly Gilblom

LONDON
Petroleumworld 10 09 2018

Deeper recession in Argentina, slower growth in Brazil - IMF

Rich Press/Bloomberg

Latin America's economy is projected to be the weakest among emerging markets this year.


- Fund cuts Latin America's growth outlook for 2018 and 2019

- Doubts about success of stabilization plan weigh on Argentina

By David Biller

RIO
Petroleumworld 10 09 2018

 

Saudi Crown Prince Mohammed Bin Salman to Trump: We've replaced all Iran's lost oil - interview

Bandar Al-Jaloud/AFP

Crown Prince Mohammed bin Salman - Full interview transcript

- ‘We did our job and more,' crown prince says in interview

- Trump has criticized OPEC for allowing crude prices to rally
By Nayla Razzouk and Stephanie Flanders

DUBAI/LONDON
Petroleumworld 10 08 2018

Brazil's Bolsonaro closes in on Presidency after round-one smashing lead victory

La Republica.pe

Bolsonaro's domination Sunday was so overwhelming that it briefly appeared that he might capture enough votes to forgo the need for a runoff round with first results showing 49 % of the vote and later dropping to 46.2 percent, just short of the majority.

- Ex-Army captain Jair Bolsonaro to face Leftist Fernando Haddad
- Tumultuous election marked by violence and polarization

By Mario Sergio Lima, Raymond Colitt, David Biller, and Aline Oyamada

BRASILIA/RIO/SAO PAULO
Petroleumworld 10 08 2018

Arriving piles of cash from big oil to skeptical investors

Rich Press/Bloomberg

Video: Demand for Oil Relatively Robust, Says JPMorgan's Darling

- Industry free cash flow to reach $175 billion in 2018: Rystad

- Investors still doubtful of pledges about spending discipline

By Kelly Gilblom

LONDON
Petroleumworld 10 09 2018

Deeper recession in Argentina, slower growth in Brazil - IMF

Rich Press/Bloomberg

Latin America's economy is projected to be the weakest among emerging markets this year.

- Fund cuts Latin America's growth outlook for 2018 and 2019

- Doubts about success of stabilization plan weigh on Argentina

By David Biller

RIO
Petroleumworld 10 09 2018

 

Saudi Crown Prince Mohammed Bin Salman to Trump: We've replaced all Iran's lost oil - interview


Bandar Al-Jaloud/AFP

Crown Prince Mohammed bin Salman - Full interview transcript

- ‘We did our job and more,' crown prince says in interview

- Trump has criticized OPEC for allowing crude prices to rally
By Nayla Razzouk and Stephanie Flanders

DUBAI/LONDON
Petroleumworld 10 08 2018

Brazil's Bolsonaro closes in on Presidency after round-one smashing lead victory

La Republica.pe

Bolsonaro's domination Sunday was so overwhelming that it briefly appeared that he might capture enough votes to forgo the need for a runoff round with first results showing 49 % of the vote and later dropping to 46.2 percent, just short of the majority.

- Ex-Army captain Jair Bolsonaro to face Leftist Fernando Haddad
- Tumultuous election marked by violence and polarization

By Mario Sergio Lima, Raymond Colitt, David Biller, and Aline Oyamada

BRASILIA/RIO/SAO PAULO
Petroleumworld 10 08 2018

 

 

Trump's OPEC strategy to max-out oil production may backfire

Bloomberg

Video:
Oil Market Is on a Razor's Edge, Says FGE's Fesharaki / Video : Jason Gammel, energy analyst at Jefferies, discusses oil.

- State department says cartel should utilize spare capacity
-
Crude futures rose to 4-year high after Saudis boosted output

By Dina Khrennikova, Jack Farchy, and Elena Mazneva

MOSCOW/LONDON
Petroleumworld 10 05 2018

Far-right Brazil candidate Bolsonaro ahead of final debate, big boost on Datafolha poll


Far-right candidate Jair Bolsonaro. Video: Latin America's biggest economy votes on Sunday.

- Jair Bolsonaro rises to 35 percent in latest Datafolha survey.
- Leftwinger Fernando Haddad remains steady on 22 percent

By Rachel Gamarski

BRASILIA
Petroleumworld 10 05 2018

Emerging markets currencies get a blow as rising oil prices hit importers


Video: Saudi Output Nears Record as Oil Trades Close to 4-Year High

By Paul Wallace

LAGOS
Petroleumworld 10 04 2018

Shell's LNG Canada and trade deals are no help to stalled Trans Mountain Pipeline

Darryl Dyck/The Canadian Press

- Canada open for business again but Alberta oil still stuck
- Indigenous support remains key stumbling block for pipeline

By Natalie Obiko Pearson

VANCOUVER
Petroleumworld 10 04 2018

 

Brazil election poll says Jairo Bolsonaro rising

Andre Coelho/Bloomberg

Second poll confirms far-right candidate is rising in Brazil.

- Datafolha survey released on Tuesday backs up Ibope findings
- Jair Bolsonaro rose four percentage points, Haddad flatlines

By Bruce Douglas

BRASILIA
Petroleumworld 10 03 2018

Oil holds near 4-year high as supply fears counter stockpiles


Video: Commodities have been on a tear recently. Bloomberg's Stephen Stapczynski and James Poole report.

- U.S.-Mexico-Canada Agreement boosts sentiment for oil market
- Drop in Iranian exports and tightening market stokes concerns

By Samuel Robinson

NEW YORK
Petroleumworld 10 03 2018

Oil at $85 level highest since 2014 on supply concerns over Iran and Venezuela


Video:Expect $85 Brent in six months, says Wayne Gordon, executive director at UBS Wealth Management.

- American rig fleet shrinks as crude drillers pause activity

- Brent exceeds $85-a-barrel level for first time since 2014 By Samuel Robinson

NEW YORK
Petroleumworld 10 02 2018

Trudeau notches crucial wins with NAFTA on Trade, Energy ahead of election


Video: Bloomberg's Josh Wingrove reports on the U.S.-Mexico-Canada Agreement.

- Nafta deal bolsters loonie and eases investment uncertainy
- Shell-led group also poised to back $31 billion LNG terminal

By Theophilos Argitis and Josh Wingrove

OTTAWA
Petroleumworld 10 02 2018

Brazil election poll says Jairo Bolsonaro rising

Andre Coelho/Bloomberg

Second poll confirms far-right candidate is rising in Brazil.

- Datafolha survey released on Tuesday backs up Ibope findings
- Jair Bolsonaro rose four percentage points, Haddad flatlines

By Bruce Douglas

BRASILIA
Petroleumworld 10 03 2018

Oil holds near 4-year high as supply fears counter stockpiles


Video: Commodities have been on a tear recently. Bloomberg's Stephen Stapczynski and James Poole report.

- U.S.-Mexico-Canada Agreement boosts sentiment for oil market
- Drop in Iranian exports and tightening market stokes concerns

By Samuel Robinson

NEW YORK
Petroleumworld 10 03 2018

Oil at $85 level highest since 2014 on supply concerns over Iran and Venezuela


Video:Expect $85 Brent in six months, says Wayne Gordon, executive director at UBS Wealth Management.

- American rig fleet shrinks as crude drillers pause activity
- Brent exceeds $85-a-barrel level for first time since 2014

By Samuel Robinson

NEW YORK
Petroleumworld 10 02 2018

Trudeau notches crucial wins with NAFTA on Trade, Energy ahead of election


Video: Bloomberg's Josh Wingrove reports on the U.S.-Mexico-Canada Agreement.

- Nafta deal bolsters loonie and eases investment uncertainy
- Shell-led group also poised to back $31 billion LNG terminal

By Theophilos Argitis and Josh Wingrove

OTTAWA
Petroleumworld 10 02 2018

Oil at $100 a barrel is coming, what does it mean for global growth?

Taylor Weidman / Bloomberg

What oil at $100 a barrel would mean for the global economy

- Bloomberg Economics reckons pain not as bad as in 2011
- Rising oil has different impacts on different economies By Enda Curran and Michelle Jamrisko

HONG KONG / SINGAPORE
Petroleumworld 10 01 2018

IMO rules to curb ship-fuel emissions a blow to economies of Venezuela, Mexico and Ecuador

Patrick T. Fallon / Bloomberg

Venezuela faces fresh blow with ship-fuel rules threatening exports

- PDVSA's exports of fuel oil at risk with upcoming IMO rules
- Regulation also to weigh on prices of Venezuelan sour crudeBy Lucia Kassai

HOUSTON
Petroleumworld 10 01 2018

 

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