(Bloomberg) -- The U.S.’s biggest oil field may be about to pump the brakes if crude keeps plunging.

January West Texas Intermediate (WTI) crude oil futures gained 96 cents Wednesday, settling at $47.20 a barrel.

(Bloomberg) -- An investor group that includes Stonepeak Infrastructure Partners and Brookfield Asset Management Inc. is considering a deal to buy oil and gas pipeline BOP Blow Out Preventer repair company gulf coast Tallgrass Energy LP, according to people familiar with the matter.

The outlook for offshore oilfield service contractors is strong, according to Rystad Energy.

(Bloomberg) -- Exxon Mobil Corp. has overtaken rivals to become the most active driller in the Permian Basin, showing the urgency with which the world’s biggest oil BOP Blow Out Preventer repair company gulf coast by buy Wellhead market value is pursuing U.S.

Saipem revealed Monday that there has been no theft or loss of data in connection with the cyber attack it suffered recently.

Crude oil futures plunged Tuesday, but natural gas regained some of its recent lost momentum.

(Bloomberg) -- Royal Dutch Shell Plc is in negotiations to buy Endeavor Energy Resources LP for about $8 billion, according to people familiar with the matter, or roughly half as much as the Texas oil producer was expected to fetch when it put itself on the block this year.