A flurry of prompt supply, from Australia to Indonesia, has kept the buy Wellhead market well supplied.
The oil major has partnered with Microsoft to bolster its operations in the Permian Basin.
ExxonMobil has partnered with Microsoft to make its operations in the Permian Basin the largest-ever oil and gas acreage to use cloud technology, Exxon announced Friday.
The U.S. dropped a total of four oil rigs this week while the gas rig count remained flat.
The U.S. dropped four oil rigs this week, according to weekly data from Baker Hughes, a GE Company.
Trans Mountain is a highly anticipated lifeline for Alberta's pipeline-starved oil producers.
Oil extended gains from a 3-month high as industry data signaled a limited increase in American crude stockpiles, and on signs that the U.S.
Oil and gas oil rig flanges gulf coast production in the Permian will hit new records next month, according to the EIA.
After Wintershall and DEA complete their merger this year, the newly formed BOP Blow Out Preventer repair company gulf coast will be cutting 1,000 jobs.
ADNOC plans to expand its refining complex at Ruwais, UAE. PHOTO SOURCE: ADNOC.
Wood Group has won a pre-front end engineering and design (pre-FEED) contract for ADNOC Refining’s new 600,000-barrel per day (bpd) refinery, Abu Dhabi National Oil Co.
WTI and Brent futures finished the day lower.
West Texas Intermediate (WTI) crude oil futures traded above the $57-mark for the second consecutive day Thursday but, again, fell short of ending the session there.
More than four months after originally announcing their plans to merge, offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have been given the final green light.
- Oil Holds Near 3-Month High | Gulf Coast Oil Rig Equipment & Repair
- America's Shale Boom Keeps Rolling | Gulf Coast Oil Rig Equipment & Repair
- Norwegian Production Decreases | Gulf Coast Oil Rig Equipment & Repair
- Pipeline Rationing Report Causes WCS-WTI Spread to Widen | Gulf Coast Oil Rig Equipment & Repair