BHP Billiton’s iron ore production rises but gas slipsJuly 23, 2015 // 0 CommentsMining giant BHP Billiton Wednesday reported an increase in iron ore output for the June quarter but a decline in gas [...]
Oil Rigs Left Idling Turn Caribbean Into Expensive Parking LotJuly 23, 2015 // 1 CommentImagine parking your US$300 million boat for months out in the open sea, with well-paid mechanics hovering around it and the [...]
Drilling giant Baker Hughes warns the pain from oil crash is far from overJuly 22, 2015 // 2 CommentsThe oilfield services company reported second quarter results on Tuesday morning, with an adjusted earnings per share loss [...]
Oil prices dips below US$50 on ample supply, strong dollarJuly 21, 2015 // 2 CommentsOil futures fell on Monday and U.S. crude slipped below US$50 a barrel intraday as ample supply, the prospect of more [...]
Greece looks to offshore oil and gasJuly 20, 2015 // 5 CommentsGreece is in an economic depression. Whether or not it agrees to the ruinous terms imposed upon it by its creditors in order [...]
Neglected gas and oil rigs now used as artificial reefsJuly 20, 2015 // 1 CommentAlabama is blessed with the most successful and extensive artificial reef programs in the world. And it’s in the process [...]
Iran deal, a positive for Indian refinersJuly 20, 2015 // 3 CommentsThe lowering of crude oil prices — the likely outcome of the Iran nuclear deal — will contribute positively to India’s [...]
Fluor Selected by BASF as Global Engineering PartnerJuly 16, 2015 // 2 Comments– Fluor Corporation (NYSE: FLR) announced today that German-based BASF SE has selected the company as its global [...]
Mooring Integrity Monitoring in Today’s Market: How BMT is Answering the ChallengeJuly 16, 2015 // 1 CommentThe need for mooring integrity monitoring has of late come back under the spotlight, not least because the use of floating [...]
Mexico prepares for second oil revolutionJuly 16, 2015 // 2 CommentsWednesday is D-Day for Mexico’s key energy reform. For nearly 80 years, the oil industry has been concentrated in the [...]