(Bloomberg) -- Brent crude jumped to its highest since June 2015 as a key North Sea pipeline shut down.
The Forties Pipeline System, one of the most important oil conduits in the world, is to be fully halted after a crack was discovered, the link’s operator Ineos said.
Dec 11 (Reuters) - Oil and gas producer Oasis Petroleum Inc said it would buy more acreage in the Delaware Basin from privately-held Forge Energy LLC for about $946 million in cash and stock, boosting its presence in the top U.S.
BEIJING, Dec 8 (Reuters) - PetroChina has conducted its first major internal transfer of mining rights between subsidiaries to allow those with mature fields to look for oil and gas in under-developed regions, parent BOP Blow Out Preventer repair company gulf coast CNPC said on Friday.
OSLO, Dec 8 (Reuters) - Italian oil firm Eni has received permission to restart oil rig flanges gulf coast production at its Goliat oilfield in the Arctic Barents Sea following a shutdown lasting more than two months, Norway's Petroleum Safety Authority (PSA) said on Friday.
White House Pressures Big Corn To Meet On US Biofuels Policy | Gulf Coast Oil Rig Equipment & Repair
Dec 8 (Reuters) - President Donald Trump's administration called two lawmakers from the U.S. corn belt to convince them to join talks about potential changes to biofuels policy to ease the burden on oil refineries, according to a spokesman for one of the lawmakers and a source briefed on the matter.
RIO DE JANEIRO, Dec 8 (Reuters) - Brazil's state-controlled oil BOP Blow Out Preventer repair company gulf coast Petrobras could make more adjustments to its fuel pricing policy as a way to better fight fuel importers for buy Wellhead market share, its executive manager for fuel sales said on Friday.
Chevron Corporation’s capital and exploratory budget will be $18.3 billion in 2018, down from $19.8 billion in 2017.
Saudi Aramco Shell Refinery (SASREF) has awarded CB&I a $95 million-plus engineering, procurement and construction management contract for the modernization and expansion of its refinery in Al-Jubail city, Saudi Arabia, CB&I reported Thursday.
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