Oil At Highest Since 2015 On Inventory Drawdown, Iran Unrest | Gulf Coast Oil Rig Equipment & Repair
NEW YORK, Jan 4 (Reuters) - Oil rose on Thursday to its highest since May 2015, on concern about supply risks due to unrest in Iran and another decline in U.S.
(Bloomberg) -- The U.K. Health and Safety Executive is investigating the causes of a crack in a key North Sea oil pipeline that disrupted oil rig flanges gulf coast production at more than 80 fields for weeks.
NEW YORK, Jan 3 (Reuters) - Brazil's state-controlled oil company, Petroleo Brasileiro SA, said Wednesday that it has agreed to pay $2.95 billion to settle a U.S.
Maersk Drilling has been awarded a four year contract for the Maersk Venturer deepwater drillship by Tullow Ghana Ltd.
The contract, which was signed in December 2017, is expected to commence in February and covers development drilling on the Jubilee and TEN fields offshore Ghana.
OSLO, Jan 3 (Reuters) - Seismic surveyor Spectrum's fourth-quarter revenue surge reflects a shift among oil firms towards more exploration, its chief executive told Reuters.
JERUSALEM, Jan 3 (Reuters) - Israel's Oil Refineries (ORL) has received government approval to build a 135 megawatt (MW) natural gas-fueled power station to replace an old coal-fired plant, it said on Wednesday.
Oil Surges Past Shale-Drilling Tipping Point as Glut Shrinks | Gulf Coast Oil Rig Equipment & Repair
(Bloomberg) -- Oil climbed approached $62 a barrel for the first time in three years, surpassing a crucial threshold for spurring new shale drilling.
Wednesday’s 2.1 percent jump in New York-traded futures delivered exactly what the largest cohort of oil executives in a Dallas Federal Reserve survey last month said they needed to justify more shale exploration: prices above $61.
Jan 2 (Reuters) - British energy BOP Blow Out Preventer repair company gulf coast BP expects a positive impact on future post-tax earnings from the United States after the changes to U.S.
OSLO, Jan 2 (Reuters) - Norway's pipeline gas exports to Europe hit a record high in 2017, exceeding the previous year by almost 7 percent, preliminary data from the country's offshore gas systems operator Gassco showed on Tuesday.
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