Worries Diminished Oil prices surged to a two-month high as China trade truce offers trillion-dollar buying spree to defuse trade tensions with the United States. Futures climbed 3.3% in New…
BP's investment in next-generation technology just paid off to the tune of a billion barrels of oil. The British energy company has discovered 1 billion barrels of crude at an…
After years of tough market conditions, owners of heavy-lift vessels are turning to new sectors in search of lucrative contracts Engineering contractors and heavy-lifting vessel owners are now beginning to…
The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m. The liquidation process undertaken by crude oil supplier Coastal Oil Singapore is unlikely to result in the previous…
Wood Mackenzie predicts a mixed mood for the LNG market. Looking ahead to the next 12 months, Wood Mackenzie foresees a mixed mood in the global liquefied natural gas (LNG)…
Across the UK, Norway, Netherlands and Denmark North Sea, WoodMac expects more than 60 exploration wells to spud this year, up 25 percent on 2018. North Sea exploration is back…
Global oil and gas executives are preparing to accelerate their investment in digital technologies, according to a new report from EY. Global oil and gas executives are preparing to accelerate…
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