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Oil prices whipsaw in wild trading as Iraq emerges as potential holdout on OPEC deal
22.05.2017
4 302
Oil prices whipsaw in wild trading as Iraq emerges as potential holdout on OPEC deal
Oil prices swung from one-month highs to session lows in volatile trading on Monday as investors awa…
15 Oilfield Memes of the week
20.05.2017
11 924
15 Oilfield Memes of the week
Great and funny oilfield memes of the week. Be funny and work safe!
Algeria headed for unrest as oil subsidies set to end
19.05.2017
1 803
Algeria headed for unrest as oil subsidies set to end
Algeria is planning to reduce oil subsidies further as a way of cutting public spending amid consist…
Oman to sell $2 billion in Islamic bonds to close oil crisis budget deficit
19.05.2017
1 506
Oman to sell $2 billion in Islamic bonds to close oil crisis budget deficit
Low oil revenues are prompting the government of Oman to sell $2 billion in Islamic bonds to raise f…
What future for gas?
18.05.2017
2 520
What future for gas?
While UK gas production is rising, Energy Flux’s Mark Simons said, the power sector is not a l…
Wood Group signs global master services agreement with Chevron
18.05.2017
3 210
Wood Group signs global master services agreement with Chevron
Wood Group has signed a ten-year master services agreement (MSA) with Chevron that allows them to de…
ExxonMobil announces positive Muruk-1 sidetrack well results
16.05.2017
3 536
ExxonMobil announces positive Muruk-1 sidetrack well results
Exxon Mobil Corporation (NYSE:XOM) today announced positive results on the Muruk-1 sidetrack well...…
$2B Oil Lawsuit Has Investors Worried About Angola
13.05.2017
1 551
$2B Oil Lawsuit Has Investors Worried About Angola
U.S.-based oil company Cobalt filed for arbitration for a $2-billion suit against Angola’s sta…
API welcomes administration’s action on FERC nominees
12.05.2017
2 410
API welcomes administration’s action on FERC nominees
API welcomed President Trump’s nomination of Neil Chatterjee and Rob Powelson to be FERC commi…
Suncor to apply to build new oil sands project
12.05.2017
3 357
Suncor to apply to build new oil sands project
Suncor Energy, Canada’s largest oil and gas producer, says that this year it will apply to the…
OPEC to U.S.: Please don't pump so much oil!
12.05.2017
4 535
OPEC to U.S.: Please don't pump so much oil!
OPEC has asked a favor of other major producers: Please stop pumping so much and help us balance the…
UOP signs new Dangote Refinery deal
12.05.2017
2 130
UOP signs new Dangote Refinery deal
Honeywell UOP has been awarded a critical technology and equipment supply contract on Dangote Group&…
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