Oil & Gas News

Statoil expands frame agreement with MMT and Reach Subsea
15.01.2018
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Statoil expands frame agreement with MMT and Reach Subsea
Statoil has renewed and expanded MMT’s frame agreement. The successful co-operation between Re…
Oil Prices Stabilize After Latest Three-Year High
15.01.2018
998
Oil Prices Stabilize After Latest Three-Year High
Oil prices were little changed in early Asian trading after hitting fresh three-year highs Friday.
Russia-China new oil pipeline starting soon
13.01.2018
649
Russia-China new oil pipeline starting soon
China’s capacity for importing Russian crude from eastern Siberia has doubled to 30 million tp…
BP awards Jacobs Phase 2 of the Khazzan tight gas project in the Sultanate of Oman
11.01.2018
516
BP awards Jacobs Phase 2 of the Khazzan tight gas project in the Sultanate of Oman
Jacobs Engineering Group Inc. (NYSE:JEC) has been selected by BP to provide engineering, procurement…
Oil tanker on fire and leaking off China coast
07.01.2018
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Oil tanker on fire and leaking off China coast
  Rescue workers are trying to locate 32 missing sailors and prevent a big oil spill after an…
Trump plans to allow oil and gas drilling off nearly all U.S. continental waters
07.01.2018
687
Trump plans to allow oil and gas drilling off nearly all U.S. continental waters
The Trump administration has unveiled a proposal to drill in basically all U.S. waters in…
Oil likely to see descending revision over the coming months, Commerzbank says
07.01.2018
1 119
Oil likely to see descending revision over the coming months, Commerzbank says
Oil dealers ought to anticipate that costs will pullback by no less than 15 percent over the coming…
Snorre Expansion Project: DeepOcean get subsea installation business
06.01.2018
511
Snorre Expansion Project: DeepOcean get subsea installation business
The offshore work includes installation of six integrated subsea template structures and manifolds,…
Oil price climbs to its highest level since 2015
03.01.2018
1 905
Oil price climbs to its highest level since 2015
Oil rose to its most elevated amount since 2015 on Tuesday, moving to an intraday high above $67 a b…
Oil records most grounded year opening since 2014 amid Iran unrest
02.01.2018
854
Oil records most grounded year opening since 2014 amid Iran unrest
Oil costs indented their most grounded begin to a schedule year since 2014 on Tuesday, in the midst…
Libya's Damaged Pipeline Will Come Back In January
01.01.2018
1 411
Libya's Damaged Pipeline Will Come Back In January
The Libyan crude oil pipeline blown up on Tuesday will take about a week to repair, the chairman of…
North Korea: South seizes second ship in oil supply row
01.01.2018
1 055
North Korea: South seizes second ship in oil supply row
South Korean experts have grabbed a moment send associated with providing oil to North Korea infring…
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