Pacific National Capital 's Daily Oil & Gas News

Oil Prices Fall Amid Demand Recovery Warnings
Oil plunged to its lowest in two weeks on growing fears that a sustained recovery in demand is still some way off.

Nigeria Oil Reform Bill Would Create Upstream Regulator
Nigerian President Muhammadu Buhari submitted a bill to reform the nation's oil industry to lawmakers.

Total Makes Peak Oil Demand Prediction
The French energy giant's analysis is more conservative than BP's.

Offshore US Leasing Bans Also Apply to Wind
President Donald Trump's decision to rule out energy development along the coasts of Florida, Georgia and the Carolinas will bar not just offshore oil and gas drilling.

Private Firms Gain Market Share from Pemex
The trend bodes poorly for the Lopez Obrador administration.

Caribbean Refinery Restarts After Eight Years of Disuse
A Caribbean refinery shut for most of this decade is coming back to life.

Total Buys London's Largest Car-Charging Network
French energy giant Total SE snapped up London's largest car-charging network.

Elon Musk Feels Bad for Hating on Oil
Elon Musk has exhibited remorse for 'hating' on oil and gas in a new podcast carried out by Kara Swisher of the New York Times.

TIPRO Appoints New Chairman
The Texas Independent Producers & Royalty Owners Association has revealed that Brent Hopkins has become the organization's new chairman of the board of directors.

Blackstone Closes $7B Cheniere Sale
Private equity funds managed by Blackstone Energy Partners have closed the sale of their approximately 42 percent stake in Cheniere Energy Partners.