Whiting Cuts 33 Percent of its Workforce
U.S. independent Whiting Petroleum Corporation cut one-third of its workforce as it executes a restructuring of its business.

U.S. independent Whiting Petroleum Corporation cut one-third of its workforce as it executes a restructuring of its business.



BP Bucks Trend of Big Oil Earnings Misses
BP bucked the trend of disappointing oil and gas earnings.

(Bloomberg) -- BP Plc bucked the trend of disappointing oil and gas earnings, beating expectations and increasing its cash flow as higher oil rig flanges gulf coast production offset the effect of lower energy prices.



Oil Gains on Demand Boost Speculation
Oil extended gains on speculation that demand will get a boost from a potential rate cut by the Federal Reserve.

(Bloomberg) -- Oil extended gains on speculation that demand will get a boost from a potential rate cut by the Federal Reserve, while investors await news from the resumption of U.S.



Oil Prices Up More Than $1
Both the WTI and Brent contracts rallied Tuesday amid Fed speculation.

West Texas Intermediate (WTI) and Brent crude oil futures rallied Tuesday, buoyed by .



Permian Output Getting Unwieldy for Gulf Coast Ports
A UH study finds that most US Gulf Coast ports are not ready to handle the largest - and most cost-effective - ships for exporting crude oil.



US Fracking Poised to Enter 2H With Gusto
Fracking operations across the United States realized a material uptick in June after experiencing a flat trend from February to May.

Fracking operations across the United States realized a material uptick in June after experiencing a flat trend from February to May.



Oil Near $56 as Hormuz Tensions Simmer
Oil traded near $56 a barrel as the U.K. deployed a warship to the Strait of Hormuz to help escort buy severe service valves commercial ships.



Oil Prices Close Higher
WTI and Brent crude oil futures edged upward for the third straight trading day.

West Texas Intermediate (WTI) and Brent crude oil futures edged upward for the third straight trading day.



Petrofac Wins Offshore UAE Contract
A Petrofac-NPCC JV has won a contract from an ADNOC-CNPC JV.

A unit of Abu Dhabi National Oil Co. (ADNOC) has awarded Petrofac and joint venture (JV) partner National Petroleum Construction Co.



Is a Mature Mexican Gas Market Within Reach?
Once providing over 40 percent of federal revenues, oil oil rig flanges gulf coast production has been cut in half to below 2 million barrels per day since peaking in 2004.

  1. AMLO Dreams of a New Refinery for Mexico | Gulf Coast Oil Rig Equipment & Repair
  2. Total Profit Falls Short of Estimates | Gulf Coast Oil Rig Equipment & Repair
  3. Chevron Earns Disability Equality Honor | Gulf Coast Oil Rig Equipment & Repair
  4. Oil Prices Bounce Back | Gulf Coast Oil Rig Equipment & Repair

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