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WTI Up 1.4 Percent But Stays Sideways | Gulf Coast Oil Rig Equipment & Repair



West Texas Intermediate benchmark continues trend.

The front-month West Texas Intermediate (WTI) crude oil price settled 1.4 percent higher Tuesday but still appears stuck in a trend.

Published: 17 September 2018

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Trump Relaxes Obama Curbs on Flaring Gas From Wells on US Land | Gulf Coast Oil Rig Equipment & Repair



The Trump administration finalized a rollback of Obama-era limits on methane that is leaked, vented or flared from oil and gas wells on federal lands.
Published: 17 September 2018

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UK Union Postpones North Sea Strike | Gulf Coast Oil Rig Equipment & Repair



UK union Unite postpones a 12-hour strike scheduled for Monday on the Alwyn, Dunbar and Elgin platforms in the North Sea.

UK union Unite has postponed a 12-hour strike scheduled for Monday on the Alwyn, Dunbar and Elgin platforms in the North Sea.

Published: 16 September 2018

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OPEC Sees Need to Keep Oil Supply Deal as Demand Faces Headwinds | Gulf Coast Oil Rig Equipment & Repair



OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces 'headwinds,' the head of the organization said.
Published: 16 September 2018

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Tale of Two Oil Markets: Brent Bulls Split From US Optimists | Gulf Coast Oil Rig Equipment & Repair



For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade.

Published: 16 September 2018

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CVR Seeks Bids for Oklahoma Tank Farm | Gulf Coast Oil Rig Equipment & Repair



CVR Refining, LP plans to sell its crude oil tank farm assets in the oil pricing hub of Cushing, Okla.

CVR Refining, LP plans to sell its crude oil tank farm assets in the oil pricing hub of Cushing, Okla.

Published: 16 September 2018

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Crude See-Saws as Supply Crunch Muted by Impending Demand Drop | Gulf Coast Oil Rig Equipment & Repair



Oil capped recent gains as international supply concerns were overshadowed by a looming demand drop.

(Bloomberg) -- Oil capped recent gains as international supply concerns were overshadowed by a looming demand drop.

Published: 16 September 2018

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Oil Magnate Riddell Dies at Age 81 | Gulf Coast Oil Rig Equipment & Repair



(Bloomberg) -- Clayton Riddell, who founded Canadian oil BOP Blow Out Preventer repair company gulf coast Paramount Resources Ltd. and co-owned the NHL’s Calgary Flames ice hockey team, has died.

Published: 15 September 2018

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Permian Highways Desperate for Traffic Relief | Gulf Coast Oil Rig Equipment & Repair



US Highway 285 is a major north-south route within the Permian Basin of West Texas and southeastern New Mexico, and it's seen better days.
Published: 13 September 2018

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China's Squeezed 'Teapots' Eye Petchem Path To Riches | Gulf Coast Oil Rig Equipment & Repair



Several independent Chinese refineries are drawing up plans to build petrochemical complexes in east China's Shandong province.

BEIJING, Sept 14 (Reuters) - Several independent Chinese refineries are drawing up plans to build petrochemical complexes in east China's Shandong province, aiming to join an investment boom in the world's top chemicals market.

Published: 13 September 2018

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  1. BP Buys 61 Percent Stake In Azerbaijan's Gobustan Onshore Project | Gulf Coast Oil Rig Equipment & Repair
  2. Crude Caps Weekly Advance as Iran Sanctions Bite Into Supply | Gulf Coast Oil Rig Equipment & Repair
  3. Gazprom Neft Joins Forces with CNPC to Develop EOR Tech | Gulf Coast Oil Rig Equipment & Repair
  4. Saudis Hire Ex-Solicitor General Olson to Lobby Against NOPEC | Gulf Coast Oil Rig Equipment & Repair

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