International6 years agoProducers may need to kill their old, loss-making FPSO’s in this downturn. Here’s whyProducers may need to kill their old, loss-making FPSO’s in this downturn. Here’s why The swift oil price crash…
International6 years agoCOVID-19 triggers delays in projects and investment decisions in European petrochemical sector, says GlobalDataCOVID-19 triggers delays in projects and investment decisions in European petrochemical sector, says GlobalData The COVID-19 outbreak has damaged…
International6 years agoQatar Petroleum signs farm-in deals for three blocks in Campeche basinQatar Petroleum signs farm-in deals for three blocks in Campeche basin Qatar Petroleum has signed three farm-in agreements with…
International6 years agoOil continues to see gains trimmed – Rystad EnergyOil continues to see gains trimmed – Rystad Energy Comparing to the price fluctuations we’ve seen over the last…
International6 years agoMaersk Supply Service to cut 20% of onshore staffMaersk Supply Service to cut 20% of onshore staff As a result of the low oil price environment, Maersk…
International6 years agoUS shut-ins double: Company guidance hints 616,000 barrels per day shut during May, 655,000 in JuneUS shut-ins double: Company guidance hints 616,000 barrels per day shut during May, 655,000 in June US production of…
International6 years agoDeep Casing Tools secures UK patent for extended reach drilling innovationDeep Casing Tools secures UK patent for extended reach drilling innovation A UK patent has been granted for new…
International6 years agoOil Jumps 10% As Saudis Raise Prices For First Time Since Price WarOil Jumps 10% As Saudis Raise Prices For First Time Since Price War After slumping much of yesterday, Brent…
International6 years agoHalliburton Lays Off 1,000 EmployeesHalliburton Lays Off 1,000 Employees Halliburton reduced the number of staff at its headquarters by 22 percent or about…
International6 years agoCovid-19 demand update: Oil seen down 10.9%, jet fuel down 33.6%, road fuel down 11.1% in 2020Covid-19 demand update: Oil seen down 10.9%, jet fuel down 33.6%, road fuel down 11.1% in 2020 Rystad Energy’s…
