Extremism weakens Standing Rock Sioux Dakota Access fight

Leaders of the Standing Rock Sioux would strengthen their case against the Dakota Access crude oil pipeline if they’d distance themselves from exploitive environmental activists. Source: News

BHI: Overall US rig count up 4 units despite drop in oil rigs

The tally of US oil-directed rigs ended 17 straight weeks without a decline during the week ended Oct. 28. But the overall rig count was again bolstered by a recent surge in rigs targeting natural gas, with increases in the Haynesville and Marcellus regions. Source: News

Trinidad and Tobago to hold bid round in first-quarter 2017

The Trinidad and Tobago government has announced it will be having a competitive bid round in the first quarter of 2017 that is likely to have a mix of deepwater and near-shore blocks. Source: News

Gazprom Neft discovers oil field in northern Russia

PJSC Gazprom Neft said three exploratory wells found six “independent oil deposits” in the Zapadno-Chatylkinsky license block in the Yamalo-Nenets autonomous okrug in northern Russia. Source: News

Global refining could take some surprising turns, Fesharaki says

The US will remain the world’s leading petroleum product exporter to Latin America, but refineries in India, South Korea, and parts of China could provide fresh competition in Southeast Asia, a leading market observer said at the Center for Strategic & International Studies on Oct. 27. Source: News