The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018.
Read More »Energy Dealings with Iran Lawful. must be Respected: China to US
Certain countries may impose unilateral sanctions against certain places on the basis of their own considerations.
Read More »Offshore Collaborators Drive Crackdown on Corrosion
Offshore wind developers and companies with technology that could help them tackle corrosion are collaborating to bring forward new solutions
Read More »Oil & Gas Leaders Look for Cost Reduction and Efficiency Gains
Chairman and CEO of ConocoPhillips spoke about his company’s hyper focus on returns highlighting that the returns the energy industry has generated have been negative over the last 10 to 15 years.
Read More »Odfjell Drilling Secures $775Million in Debt Refinancing
Odfjell Drilling has today received firm bank commitments for a refinancing related to its 2019 debt maturities.
Read More »Canadian Natural Resources Buys Devon`s Canada Unit for $2.8 Billion
Canadian Natural Resources agreed to buy the Canadian business of Devon Energy for C$3.8 billion ($2.8 billion). gaining heavy-oil assets in the province of Alberta.
Read More »Oil Slumps as U.S.-China Trade Hostilities Escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth.
Read More »Falling Russian Crude Output Lifts Brent Oil Prices
Russian oil production continues to trend lower in May as exports via the Druzhba oil pipeline have been restricted due to a contamination issue.
Read More »Norwegian Oil Patch Ramps Up Spending To Counter Decline
Norway’s oil and gas companies plan to spend 17 percent more this year. at about US$21.11 billion as they step up their exploration.
Read More »Why EVs Can’t Do Without Oil
The debate on the carbon footprint of electric vehicles is a heated one with the most vocal opinions coming from extreme camps.
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