Oil And Gas Updates: 27 November 2018


General

Prices have fallen roughly 30% from four-year highs reached at the start of October, open today at 51.54 USD/bbl


Argentina

President Energy spuds third development well at Puesto Flores field


Australia

  • Santos completes acquisition of Quadrant Energy

  • Australia's Origin Energy targets Australia Pacific LNG (APLNG) cost cuts; reaffirms forecast


Canada

Transcanada Says Keystone To Resume Crude Oil Deliveries On Nov. 28


Norway

Total said it had agreed to sell stakes in two Norwegian oil fields to Statoil for $1.45 billion as it reviews its North Sea portfolio after acquiring Denmark’s Maersk Oil in August


Saudi Arabia

Saudi Aramco signs deals worth USD27.5 billion with suppliers


United Kingdom

IGas spuds Tinker Lane shale gas well in Nottinghamshire


United States

Exxon Mobil CEO makes first big changes to refining, part of a push to boost profits amid volatile oil and natural gas prices


Venezuela

Venezuela rejected BP bid to buy Total's stake in gas block - sources