Big Oil To Bid In Argentine Province Shale Block Auction

by Reuters | Marianna Parraga HOUSTON, April 30 (Reuters) – Argentina’s Neuquen province expects major global energy companies, including Royal Dutch Shell, Chevron Corp and Exxon Mobil Corp , to bid in a May auction of 11 oil blocks, its energy minister said on Wednesday. The exploration and development blocks include conventional and unconventional oil […]

2 Killed, 9 Hurt in Oil Field Explosion

MENTONE, Texas April 30, 2014 (AP) Associated Press A buildup of pressure caused an explosion as workers were changing a wellhead Wednesday at a West Texas oil field, killing two of them and injuring nine others, a sheriff said. Loving County Sheriff Billy Hopper said authorities received an emergency call before 8:30 a.m. Wednesday about […]

Total Hit by Struggling Refining, Lower Output

PARIS, April 30 (Reuters) – French oil major Total reported a 10 percent drop in first-quarter net profit on Wednesday, dragged down like its rivals by shrinking margins at its European refineries and a drop in oil and gas output. Security issues hurt output from Libya and Nigeria while in the United Arab Emirates Abu […]

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