While mining employment remained relatively unchanged for the month of September (oil and gas extraction declined by 500 jobs), support activities for mining (which includes oilfield services) gained 6,000 jobs, according to data released Oct.
Saipem has awarded Shawcor Ltd.’s pipe coating division contracts to provide pipe coating services for the Liza phases I and II deepwater development projects offshore Guyana, Shawcor reported Thursday.
The November West Texas Intermediate (WTI) crude oil futures contract price gained a penny Friday, settling at $74.34.
(Bloomberg) -- Saudi Arabia’s crown prince, facing U.S.
(Bloomberg) -- Oil halted gains near $76 a barrel on emerging concerns prices have rallied too fast as traders bracing for Iranian supply losses sent crude to a four-year high.
Now that Shell and its partners in the have decided to proceed with the investment on Canada’s West Coast, it could become more difficult to make the economic case for .
Technology is not making oil and gas qualifications less important, according to Jason Urso, vice president and general manager at Honeywell.
The phrase “four-year high” has been used quite often recently to describe crude oil prices, which have taken on a generally bullish trend.
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