Robot arm grabs limelight in oil technology showcase – The Scotsman

Robot arm grabs limelight in oil technology showcase
The Scotsman
An event set to take place in Aberdeen this week focusing on innovation in the oil and gas sector is to feature technology that could take offshore inspection to “a new level”. Delegates at the ITF Technology Showcase on Wednesday will hear from
Snake-Arm Robot to Showcase Offshore Inspection Capabilities at ITF EventOil and Gas Industry Latest News

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Litasco CEO Sees Oil Range-bound in 2017, Looks to Expand – U.S. News & World Report


U.S. News & World Report
Litasco CEO Sees Oil Range-bound in 2017, Looks to Expand
U.S. News & World Report
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen Reuters. By Dmitry Zhdannikov and Julia Payne. LONDON (Reuters) – Oil prices are likely to stay in a tight range …

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US Oil Ticks up for Second Day on Record OPEC Output Cut Compliance – U.S. News & World Report


U.S. News & World Report
US Oil Ticks up for Second Day on Record OPEC Output Cut Compliance
U.S. News & World Report
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen Reuters. By Naveen Thukral. SINGAPORE (Reuters) – U.S. crude oil edged higher for a second day on Tuesday, …

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Indonesia's Pertamina Seeks To Explore Two Oil Fields In Iran … – OilPrice.com


AzerNews
Indonesia’s Pertamina Seeks To Explore Two Oil Fields In Iran …
OilPrice.com
Pertamina will submit proposals to Iran to explore two oil fields in the country that Indonesia’s state-held energy company has estimated at containing 1.5 billion …
Indonesia seeks exploration of two oil fields in IranTrend News Agency
Pertamina, Lukoil eye same oil projects in IranAzerNews

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Oil steady as rising US output offsets record bullish bets – Reuters


Reuters
Oil steady as rising US output offsets record bullish bets
Reuters
Investors raised their bets on rising Brent crude oil prices to a new high last week, breaking the 500,000-lot mark for the first time on record, data from the InterContinental Exchange showed. [O/ICE]. Money managers also raised their bullish U.S
Next Oil Rally? Futures Say Market Is TighteningOilPrice.com
Is The Energy Sector Signaling An Oil Price Peak?Seeking Alpha
Crude Oil Prices Torn Between Conflicting Supply TrendsDailyFX
UPI.com –MarketWatch –Financial Tribune
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Cooking The Books? Saudi Aramco Could Be Overvalued By 500% – OilPrice.com

Cooking The Books? Saudi Aramco Could Be Overvalued By 500%
OilPrice.com
WoodMac puts Aramco’s true value closer to $400 billion, eighty percent less than the Saudi estimate, and it arrived at the figure by considering future demand and the anticipated average price of oil (on which profits will depend), as well as Saudi
Najib: Saudi oil price up by 50pct, but M’sians fuss over 20sen hikeMalaysiakini (subscription)

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India Has A Plan To Create A New Oil Major – OilPrice.com


Moneycontrol.com
India Has A Plan To Create A New Oil Major
OilPrice.com
India’s state-run Oil and Natural Gas Corporation (ONGC) will take majority control of Hindustan Petroleum Corp (HPCL) as part of the government’s plan to merge some state-held companies to create an oil major capable of competing with Big Oil, India’s …
COMMENT: An ONGC-HPCL merger would give India heft in global M&A sceneMoneycontrol.com

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One dead in Bai Hassan oil field bombing – Iraq Oil Report


Iraq Oil Report
One dead in Bai Hassan oil field bombing
Iraq Oil Report
At least two improvised explosive devices (IED) exploded at the Bai Hassan oil field on Saturday morning, days after another bomb exploded at another Kirkuk-area field and two weeks after an accident took part of Bai Hassan offline. “Daesh’s sleeper
Bombs target Bai Hassan oilfield in Kirkuk, 3 casualtiesIraqi News
Iraqi-Kurdish oil to be shipped with tankersDaily Sabah
Bombs target oil pipeline in Iraq’s Kirkuk, one killedReuters
Middle East Monitor –Middle East Eye –bunkerworld (subscription)
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One dead in Bai Hassan oil field bombing – Iraq Oil Report – Iraq Oil Report


Iraq Oil Report

Oil Ticks up on Supply Cuts, Rising US Output Caps Gains – U.S. News & World Report


U.S. News & World Report
Oil Ticks up on Supply Cuts, Rising US Output Caps Gains
U.S. News & World Report
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen Reuters. SINGAPORE (Reuters) – Brent oil prices edged up on Monday and were set to rise for five out of seven …

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Oil Prices Aren't Breaking Out Any Time Soon – OilPrice.com


Seeking Alpha
Oil Prices Aren’t Breaking Out Any Time Soon
OilPrice.com
Meanwhile, analysts at Citi are of the opinion that oil is likely to reach $70 a barrel by the end of this year. Bank of America Merrill Lynch has opted for the middle path; they believe that the Brent crude oil prices will remain in a range of $50-$70
International Petroleum Week Reinforces Oil Price Facing Many HeadwindsSeeking Alpha
Oil prices to average $50-$70 through 2022: ReportArab News
OPEC’s strategy to buoy oil prices is all wrong, oil economist saysMarketWatch
Financial Tribune –DailyFX –Business Insider
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