$100 Oil By Christmas?
A cocktail of factors could see oil go as high as $100 a barrel by Christmas.

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 Form Technology Alliance
The two companies have created a strategic venture to add new technologies to their businesses.

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.



Oil Bulls Continue Stampede
The bull buy Wellhead market for crude oil picked up steam Wednesday as the WTI and Brent futures prices posted impressive gains.



Troubled $4.6B Pipe Hits New Snag on Surprise Ruling
A $4.6 billion shale gas pipeline that's already been delayed by about a year is facing yet another setback after a court unexpectedly vacated a key permit.



OPEC Output Edges Higher
OPEC oil rig flanges gulf coast production rose last month as deepening losses in Iran due to looming US sanctions were countered by other members.



Industry Body Unveils New Decom Team
Industry body Oil & Gas UK unveils a new decommissioning team.

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 SNE Field on Track for First Oil
Senegal's deepwater SNE field is on track for first oil in 2022, Fitch Solutions Macro Research states in a new report.

Senegal’s deepwater SNE field is on track for first oil in 2022, Fitch Solutions Macro Research has stated in a new report.



INEOS Names Suppliers for New Europe Facility
Company plans to reveal site of 2.7 billion-euro investment later this year.

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.

  1. Crude Benchmark Nears $85 | Gulf Coast Oil Rig Equipment & Repair
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