May 14, 2018

Oil and Gas: Statoil's name change looming

Oil and gas and renewables giant Statoil’s name change is expected to be adopted May 15, 2018, with expected implementation and new ticker on Oslo Stock Exchange (Oslo Børs) from May 16, 2018 onward. Oil Exploration & Production News

Rising USGC sour prices prompt more imports: In the LOOP

US crude imports into the Louisiana Offshore Oil Port appear to be on an upswing in May alongside the recent increase in regional sour crude prices. About 3.95 million barrels of crude was imported into LOOP in the first decade of May, or roughly 395,000 b/d, according to the most-recent US Customs Bureau and S&P Global Platts Analytics data, compared with an average of 327,000 b/d in the first four