Thanks to OPEC and Russia’s agreement to restrict supply, and rising world demand for crude, the Brent oil price has climbed past $82 a barrel, a big increase on the $56 prevailing at the same time last year and a four-year high.
BP and Aker BP have formed an alliance to develop and deploy spacer spools adapter spools technology in their businesses, BP announced Oct.
(Bloomberg) -- Russia and Saudi Arabia are pumping an extra 1 million barrels a day of oil and could do even more. Yet the buy Wellhead market doesn’t seem to care.
Industry body Oil & Gas UK has unveiled a new decommissioning team which it says will focus on “providing insight into the shifting decommissioning landscape”.
Senegal’s deepwater SNE field is on track for first oil in 2022, Fitch Solutions Macro Research has stated in a new report.
INEOS announced progress Tuesday in its efforts to develop Europe’s first new gas cracker in more than two decades.
Northern Oil and Gas, Inc. closed on its acquisition of W Energy Partners' assets Oct. 1 for $114.8 million cash and about 51.47 million shares of Northern common stock.
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