Oil Set for Biggest Monthly Slide Since 2016
Oil's set for its biggest monthly drop since 2016 as the specter of a slowdown in the global economy haunts the market.



A Better Approach to Conventional Oil Exploration
The history of oil exploration is one of trying to overcome the odds.

The advent of buy severe service valves commercial oil rig flanges gulf coast production of oil and gas from shale has made geological risk seem, to many, a thing of the past.



McDermott to Sell Storage Tank and Pipe Businesses
McDermott plans to divest its storage tank business and US pipe fabrication business for more than $1 billion.

McDermott International, Inc. plans to divest its storage tank business and U.S.



Crude Oil Extends Downward Trend
Crude oil continued its downward momentum that began at the beginning of this week.

Crude oil continued its downward momentum Wednesday that began at the beginning of this week.



(Bloomberg) -- Cenovus Energy Inc. says the end may be in sight for the pipeline bottlenecks that have throttled Canadian crude prices.

The near-record gap between Western Canadian and U.S.



What the Autumn Budget Means for UK Oil and Gas
The Chancellor of the Exchequer delivers the 2018 Autumn Budget, which included several points relevant to the UK oil and gas industry.



Oil Holds Losses
Oil held losses near $67 a barrel on speculation that an escalating trade dispute between the United States and China will dampen global growth at a time when American crude inventories are growing.



UK Refinery Cogen Project Goes to Fluor
The project scope includes design, procurement, construction and commissioning support for the new natural gas-fired combustion turbine generator system.

Fluor Corp. reported Tuesday that it has won the engineering, procurement and construction (EPC) contract for the combined heat and power cogeneration project at Valero Energy Corp.



GOM Drillship Contract Goes to Rowan
Fieldwood Energy LLC has awarded a GOM contract to Rowan for the R-Class ultra-deepwater drillship Rowan Reliance.

Fieldwood Energy LLC has awarded a U.S.



Total Gets Nod to Extend Skirne and Byggve Lifespan
Total E&P Norge gets consent to extend the operational life of Skirne and Byggve to March 2024.

Petroleum Safety Authority Norway (PSAN) announced Tuesday that it has given Total E&P Norge AS consent to extend the operational life of Skirne and Byggve to March 2024.

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