Reuters: Russia produced more oil in September than envisaged by a global deal due to an increase in gas condensate output as the country prepared for winter, local news agencies reported on Sunday. Russian oil output edged down to 11.25 million barrels per day (bpd) last month from August’s 11.29 million bpd but remained above the cap set under the
Eversource Energy to Discuss Third Quarter Results
Houston Chronicle: The Trump administration is considering an extension of Chevron Corp.’s waiver to operate in Venezuela, albeit with even greater limitations, according to people familiar with the matter. The 90-day sanctions reprieve would allow Chevron to continue its role as the last major U.S. oil producer in the nation beyond the Oct. 25 expiration date. Still, the Treasury Department
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Reuters: Dubai-based Dragon Oil Ltd said on Monday it had completed the purchase of BP’s oil concessions in Egypt’s Gulf of Suez and will invest $1 billion over five years to boost and extend their production. Dragon, owned by Emirates National Oil Company (ENOC), said it had replaced BP as the partner of state-owned Egyptian General Petroleum Corporation (EGPC) in
