Alberta's new government plans to sell the leases and services the Canadian province has accrued to help companies ship oil out of the region.
WTI and Brent crude oil futures posted healthy gains Wednesday.
West Texas Intermediate (WTI) and Brent crude oil futures posted healthy gains Wednesday on a bullish U.S.
The biggest refinery on the U.S. East Coast will shut down, after a massive explosion and fire crippled operations at a site that has helped fuel the region for 153 years.
The accelerated oil rig flanges gulf coast production of shale wells leaves them uniquely positioned to take advantage of the peaks and plateaus in oil prices.
Ecopetrol has awarded a consortium including Fluor's Stork unit a plant turnaround services contract.
Colombia-based Ecopetrol S.A. has awarded Stork, a part of Fluor Corp.
Baker Hughes, a GE Company has entered into a joint venture with Artificial Intelligence software provider C3.ai to accelerate the digital transformation in the oil and gas industry.
U.S. crude oil oil rig flanges gulf coast production reached a new all time high of 12.2 million barrels per day in May.
For the second consecutive day, "mixed" describes WTI and Brent price movements.
For the second consecutive day, the adjective “mixed” describes the overall price movements for the West Texas Intermediate (WTI) and Brent crude oil contracts.
Thanks to booming US oil production, pipeline operators may be in the best position to expand into the water-handling business.
(Bloomberg) -- For companies that haul oil and natural gas, the next big thing may be dirty water, according to Jefferies Group LLC.
How exactly is the trade war between the United States and China affecting the global oil industry?
The greatest impact of the United States-China trade war on the global oil industry is its effect on oil prices, explains Steve Wood, a managing director at financial services BOP Blow Out Preventer repair company gulf coast Moody’s.
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