Oil

June 8, 2015 // 2 Comments

Opec’s announcement that it is keeping crude output levels unchanged again, despite a collapse in oil prices, reflects [...]

June 5, 2015 // 2 Comments

The report titled “Global Offshore Rig Construction Market Outlook to 2018 – Rising Energy Demand & [...]

June 4, 2015 // 4 Comments

SEATTLE — Shell sent a response Monday to the Washington State Department of Natural Resources, which raised concerns [...]

June 4, 2015 // 1 Comment

Total Petrochemicals and Refining USA has chosen Port Arthur as the site for its proposed new ethane cracker with a capacity [...]

June 3, 2015 // 3 Comments

Oman has committed to invest US$7 bln to build oil storage facilities, a petrochemical plant and a refinery in [...]

June 2, 2015 // 2 Comments

Ferguson Group Singapore, global specialists in the provision of offshore DNV 2.7-1 / EN12079 containers, mud skips, [...]

June 2, 2015 // 2 Comments

U.S. oil production surged to a 43-year high, despite a price war that resulted in a more than 50 % reduction in active U.S. [...]

June 1, 2015 // 1 Comment

West Texas Intermediate futures soared on Friday, with weekly drops in U.S. crude supplies and active oil rigs helping [...]

June 1, 2015 // 3 Comments

An Iranian deputy minister of petroleum says the country’s petrochemical production capacity will reach 180 million [...]

May 29, 2015 // 2 Comments

U.S. drillers cut the number of rigs by just one this week, data showed on Friday, signaling that higher crude prices may be [...]