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Pacific National Capital 's Daily Oil & Gas News

Oil Prices Falter Before Jackson Hole Speech
WTI and Brent futures posted losses Thursday.

Trump Admin to Meet to Discuss Biofuels Fallout
Top Trump administration officials will meet to consider options for quelling a backlash in politically important farm states over recent biofuel policy moves.

Shell Subsea Contract Goes to TechnipFMC
PowerNap will be a subsea tie-back to the Shell-operated Olympus production hub.

Drillinginfo Changes its Name to Enverus
Drillinginfo has changed its name to Enverus in order to better reflects the company's identity.

3Q is Key for 2019 Oil Balance
The current quarter will be key in shaping the oil supply and demand balances for 2019, according to the latest outlooks from the world's three major oil-forecasting agencies.

Foreign Oil Firms Are Bailing on Canada
Capital keeps marching out of Canada's oil industry.

Zohr Output Hits 2.7 Billion Cubic Feet Per Day
Production from the Zohr field offshore Egypt has now reached more than 2.7 billion cubic feet per day.

US Oil and Gas Merger Deals Hit $9.8B in July
$9.89 billion worth of oil and gas industry merger and acquisition deals were announced in the United States last month.

Oil Steadies as Focus Turns to Monetary Easing
Oil steadied as attention turned from expanding American fuel stockpiles to the prospects for monetary easing.

Oil Prices Mixed at Midweek
Brent crude finished higher for the fourth consecutive trading day while the WTI faltered.





















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