U.S. and Saudi Arabia tensions warrant the oil market’s attention, but there is no cause for alarm – yet.
JupiterMLP, LLC anticipates a November open season for capacity on the 1 million barrel per day (MMbpd) crude oil pipeline it plans to build from the Permian Basin to Brownsville, Texas, the privately held midstream BOP Blow Out Preventer repair company gulf coast announced Wednesday afternoon.
BP’s Thunder Horse Northwest Expansion offshore Gulf of Mexico is starting four months ahead of schedule, the BOP Blow Out Preventer repair company gulf coast announced Oct.
(Bloomberg) -- Oil held gains after an industry report showed an unexpected drop in American crude stockpiles, while traders continued to assess simmering tensions between the U.S.
Royal Dutch Shell has agreed to sell its shares in its upstream Danish subsidiary Shell Olieog Gasudvinding Danmark B.V.
(Bloomberg) -- BP Plc’s new U.S. onshore oil headquarters in Denver serves as a testament to Colorado’s regal mountains, its expansive forests, its nature-loving culture.
(Bloomberg) -- MEG Energy Corp. rejected a C$3.05 billion ($2.34 billion) hostile takeover offer from Husky Energy Inc. and announced a plan to seek other buyers, kicking off a bidding war for its prized Canadian oil-sands assets.
The West Texas Intermedia (WTI) crude oil price for November delivery fell by 3 percent Wednesday, losing $2.17 to settle at $69.75 a barrel.
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