Gas Push Marks Strategy Shift for Aramco
Saudi Aramco is eyeing gas projects in Russia, Australia, the US and Africa.

(Bloomberg) -- Saudi Aramco aims to become one of the world’s largest players in natural gas and the BOP Blow Out Preventer repair company gulf coast is eyeing projects in Russia, Australia, America and Africa to kick-start a global business in the liquefied form of the fuel.



Offshore UK Workers Vote for Strike Action
UK union Unite's offshore membership votes 'overwhelmingly' for industrial action on the Elgin-Franklin, North Alwyn, Dunbar and Shetland Gas Plant assets.

UK union Unite has revealed that its offshore membership has voted “overwhelmingly” for industrial action on the Elgin-Franklin, North Alwyn, Dunbar and Shetland Gas Plant assets.



Global Decom Costs Set to Hit New Record
Global decommissioning costs are set to hit a record $36 billion over the next 3 years, according to Rystad Energy.

Global decommissioning costs are set to hit a record $36 billion over the next three years, according to Rystad Energy.



Offshore Saudi Arabia Contracts Go to McDermott
The EPCI contracts are tied to Saudi Aramco’s broader Marjan field expansion.

Saudi Aramco has awarded McDermott International, Inc. a pair of engineering, procurement, construction and installation (EPCI) contracts linked to its Marjan field offshore Saudi Arabia, McDermott reported Monday.



Trump Opens Attack on OPEC Again
U.S. President Donald Trump resumed his attacks on OPEC, saying the global economy is too fragile to handle a price hike and urging the cartel to "relax and take it easy.



Crude Oil Erases Recent Gains
The WTI posted a loss and the Brent posted an even bigger loss Monday.

West Texas Intermediate (WTI) and Brent crude oil futures posted a series of gains during the second half of last week, but those overall increases were erased Monday.



Many Shale Operators in Quandary
A majority of large publicly held US shale operators are between a proverbial rock and a hard place.

How to service debt and pay out dividends? That is a question vexing more than one-half of large U.S.



Global Gas Demand to Grow 10 Percent to 2030
Equinor expects global demand for gas will grow by around 10% towards 2030.

Global demand for gas will grow by around 10 percent towards 2030.



Oil Set for Second Weekly Gain
Oil headed for a second weekly advance on signs the U.S. and China are moving closer to a trade deal, and as investors weighed the OPEC+ coalition's output cuts against surging American supply.



Saudi Aramco Reaffirms China Interest with $10B Refinery Deal
Saudi Arabia is vying for crude oil customers with fellow OPEC members and Russia.





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