Tag Archives: Drilling

Oil services were hit hard by the steep sell-off in the oil market that started in 2014.

In China. the economy seems to be reacting to the government’s stimulus measures with purchasing managers.

US shale drillers have run into a series of problems that have resulted in increased scrutiny on their operations.

Construction on the platform started in May 2012 in the South China Sea.

At least 26 of Iran’s 31 provinces have been hit by heavy downpours that began on March 19.

The 36-inch diameter pipeline project is planned to begin at Hardisty in Alberta province.

Beyond OPEC. oil prices have been boosted by U.S. sanctions against OPEC members Iran and Venezuela.

The Trump administration is seeking to sign contracts leasing new coastal waters for oil drilling under favorable terms.

The IEA warned that the oil industry is in danger of creating a major supply gap in the 2020s.

Thanks to shale oil. the U.S. became the world’s largest crude oil producer and exporter for the first time in 2018.