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Pacific National Capital 's Daily Oil & Gas News

US Crude Production to Hit Record 7.94 MMbpd in December
The US EIA projects record crude oil production in December.

Chevron Wellhead Deal Goes to TechnipFMC
TechnipFMC signs a surface technologies frame agreement with Chevron.

Drop in Crude to Test Big Oil's Devotion to Spending Discipline
The world's biggest oil companies have been saying that by keeping a tight rein on spending today, they'll be fortified against the next crude-price collapse.

IEA Welcomes Return of Oil Surplus
The IEA welcomes the oil market's return to surplus.

ADNOC Invests $1.4B in Bu Hasa Field
ADNOC announces a $1.4 billion investment to upgrade and expand its Bu Hasa field.

University Launches Growth Program for Energy Firms
Robert Gordon University is launching a program to support businesses within the energy sector to accelerate their growth.

Strong Interest in Latest UK Licensing Round
The UK's latest offshore licensing round has attracted 36 applications covering 164 blocks.

Oil's Collapse Deepens
Oil showed little sign of recovering from its unprecedented decline.

How Will Oil's Freefall End?
Oil's record losing streak has plunged prices into a bear market and is reverberating around the globe.

Kazakhstan Wellhead Megaproject Gets Design
Fluor and others have developed one of the world's largest single 3D intelligent plant design models.





















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