Venezuela slashes oil shipments to Cuba, Caribbean in half April 1, 2015 // 5 Comments Venezuela has cut in half its subsidized shipments of crude oil to Cuba and Petrocaribe member nations to 200,000 barrels [...]
Texas natural gas, oil production down in latest reporting periods: regulator March 31, 2015 // 1 Comment Texas’ average rig count and production of oil and gas fell in the latest available reporting periods, the [...]
Reuters Poll: Oil prices to stabilize as demand rises March 31, 2015 // 2 Comments Oil prices should stabilise in the second half of this year and rise in 2016 and 2017 as consumers respond to a period of [...]
India makes first crude oil purchase for strategic reserve March 31, 2015 // 1 Comment India has bought the first oil for its strategic petroleum reserve (SPR), trade sources said on Monday, marking the start of [...]
Oil prices fall more than US$1 as supply threat eases March 30, 2015 // 1 Comment SINGAPORE – Oil prices fell more than US$1 on Friday, after sharp gains in the prior session, as worries of a [...]
Russian superhighway to connect London to New York March 27, 2015 // 4 Comments Russia has unveiled ambitious plans to build a superhighway that, in theory, could make it possible to drive from London on [...]
Oniqua is Most Promising Oil & Gas Technology Solution Provider March 27, 2015 // 2 Comments BRISBANE – Oniqua Intelligent MRO, the leader in MRO materials management optimization for asset-intensive industries, [...]
Swire Oilfield Services opens new yard in Kemaman March 27, 2015 // 4 Comments KEMAMAN – Swire Oilfield Services has increased its footprint in Malaysia with the opening of its new Kemaman base in [...]
BMT Group Finalizes Purchase of NavCon March 27, 2015 // 2 Comments BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has agreed to [...]
Vulnerable Oil Producers Tap Restructuring Advisors To Negotiate With Lenders March 27, 2015 // 1 Comment The record drop in oil prices over the last six months has consumers – and some investors – cheering. Optimists [...]