Major Incident at St John Refinery in Canada
Irving Oil has announced that a 'major incident' has occurred at its Saint John refinery in Canada.

Irving Oil has announced that a “major incident” has occurred at its Saint John refinery in Canada.



UKCS Pronounced Cost Reduction Period May be Over
The recent period of pronounced cost reduction on the UKCS may be over, according to a new report.

The recent period of pronounced cost reduction on the UKCS may be over, according to a new report from the UK’s Oil & Gas Authority (OGA).



Upstream Unlocks Another Well in Louisiana
Upstream Exploration makes a gas condensate discovery onshore Louisiana.

Metairie, Louisiana-based Upstream Exploration LLC has made another discovery in East Cox Bay Field, the BOP Blow Out Preventer repair company gulf coast announced Oct.



Dallas Cowboys Owner Seeks Shale Gas Deals in Haynesville
Dallas Cowboys billionaire owner Jerry Jones is exploring a series of takeovers to expand his Comstock Resources Inc. in the Haynesville.

(Bloomberg) -- Dallas Cowboys billionaire owner Jerry Jones is exploring a series of takeovers to expand his Comstock Resources Inc.



IEA Urges OPEC to Open Taps as Oil Markets Enter 'Red Zone'
The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output.

(Bloomberg) -- The International Energy Agency made a direct appeal to OPEC and other major oil producers to boost output, warning that high prices are inflicting damage on the global economy.



BP and ENI Team Up for Libya EPSA Restart
Libya's NOC, BP and Eni sign an agreement expected to lead to BP and Eni working together to resume exploration activities on a major exploration and oil rig flanges gulf coast production contract.



Crude Prices Get Bump from Iran and Michael
A weakening Iranian gulf coast oil rig export position and a strengthening hurricane were two of the global developments supporting bullish trading Tuesday.



(Bloomberg) -- Alberta Premier Rachel Notley said the province may soon announce more plans to help the local energy industry reap more value from its resources amid a slump in Canadian crude prices.



Analysts Bearish on UK Shale Prospects
Analysts at Fitch Solutions Macro Research remain 'widely bearish' on the prospects of UK shale gas.

Analysts at Fitch Solutions Macro Research have announced that they remain “widely bearish” on the prospects of UK shale gas in a new report.



BHGE to Acquire $550MM Stake in ADNOC Drilling
BHGE and ADNOC sign a strategic partnership agreement that will see BHGE acquire a 5% stake in ADNOC's subsidiary, ADNOC Drilling, for $550 million.

  1. Egypt to Receive First Israeli Gas as Early as March | Gulf Coast Oil Rig Equipment & Repair
  2. Ensco and Rowan to Merge in $12B Deal | Gulf Coast Oil Rig Equipment & Repair
  3. Crude Touches One-Week Low as Iranian Shortage Fears Are Eased | Gulf Coast Oil Rig Equipment & Repair
  4. China Slams Brakes on US Crude Oil Imports | Gulf Coast Oil Rig Equipment & Repair
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