Oil seen at $100 by end 2018 in lottery ticket options trade
Call it a pre-Christmas lottery ticket, but someone in the oil market has been busy making a bold bet, buying contracts that will be profitable if oil surges again to $100 a barrel.
energy. oil
Lukoil kick starts production from Pyakyakhinskoye field
Lukoil said it has started production at the Pyakyakhinskoye oil and gas condensate field in the Yamal-Nenets Autononous District.
Colombian pipeline attacked by leftist rebel bomb attack
Pumping operations at one of Colombia's most important oil pipelines have been halted after a leftist rebel bomb attack.
Shale pipeline developers to appeal NY permit refusal
The developers of a pipeline designed to transport natural gas from Pennsylvania's shale fields have said they will challenge a rejection by New York for a critical permit.
‘Good times’ at an end as cost of petrol rises
Motorists have been warned that the period of lower fuel prices is over after the cost of petrol rose last month for the first time since July 2015.
Oil and gas workers could tackle teacher shortage
Oil and gas workers in north-east could help tackle a major teacher shortage with government cash being invested to bring their expertise to the classroom. Budding teachers will be given a share of the £12million Transition Training Fund to help people facing redundancy in the struggling energy sector find work.