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Hurricane Energy says the installation of subsea umbilical, risers and flowlines for the Lancaster Early Production System has been 'successfully completed'.
October WTI fell by 2.5%, erasing earlier gains this week.
The October WTI fell by 2.5 percent Thursday, erasing earlier gains this week.
NAIROBI, Sept 13 (Reuters) - China Communications Construction Co has won a $398 million contract to build a new oil terminal at Kenya's main port of Mombasa, the acting head of the Kenya Ports Authority said on Thursday.
UK Union Members Emphatically Reject Revised Total Pay Offer | Gulf Coast Oil Rig Equipment & Repair
UK union Unite says its members have 'emphatically rejected' a revised pay offer by Total.
UK union Unite has stated that its members have “emphatically rejected” a revised pay offer by Total.
After supplying Europe's biggest economy with natural gas for more than 4 decades, Norway is preparing to defend its share as the world's biggest producers all vie for a larger slice of the $21 billion market.
Oil producers in the Permian appear to be worried that key pipeline projects to boost takeaway capacity from the region might not hit their 2019 targeted start-up dates.
OPEC further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside.
EIA: US Likely Became Biggest Oil Producer Earlier This Year | Gulf Coast Oil Rig Equipment & Repair
US likely overtook Russia and Saudi Arabia in terms of oil output to become the world's biggest producer earlier this year.
(Bloomberg) -- America likely overtook Russia and Saudi Arabia in terms of oil output to become the world’s biggest producer earlier this year, according to the Energy Information Administration.
US crude oil inventories fell more than expected last week while gasoline and distillate inventories rose as refiners ramped up production.
For UK growth, the West of Shetland is the place to be, according to a new report by Wood Mackenzie.
For UK growth, the West of Shetland is the place to be, according to a new report by Wood Mackenzie.
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